Message-ID: <25123186.1075863439811.JavaMail.evans@thyme>
Date: Tue, 21 Aug 2001 15:37:28 -0700 (PDT)
From: j.kaminski@enron.com
To: vkaminski@aol.com
Subject: FW: EnTouch Newsletter
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 -----Original Message-----
From: 	Enron Announcements/Corp/Enron@ENRON [mailto:IMCEANOTES-Enron+20Announcements_Corp_Enron+40ENRON@ENRON.com]  On Behalf Of ENA Public Relations@ENRON
Sent:	Friday, June 08, 2001 8:18 AM
To:	All_ENA_EGM_EIM@ENRON
Subject:	EnTouch Newsletter

BUSINESS HIGHLIGHTS

eSource
eSource, Enron's research group, has experienced an overwhelmingly positive response to the research training which it has hosted.  Participation and interest by Enron employees has exceeded expectations and many classes were quickly filled.  As a result, repeat classes have been offered and new sessions have been added to the program.  In addition to the Lexis-Nexis and Dow Jones classes, eSource has now begun hosting sessions on Piranha (financials and pricing information), Investext (analyst reports and market analysis), Global Access (financials and corporate activity), and Securities Data Corp. (M&A, debt).   eSource has also arranged long distance sessions using interactive web tools for Enron employees around the world.  Watch for e-mails announcing new training sessions, either in Houston or in a virtual desktop mode.

Since our launch in December, the eSearch website has received over 230,000 hits.  The site today offers Enron employees access to 34 electronic databases.  These databases offer the latest financial and business on-line research capabilities in a cost-effective manner.  In this era of information explosion, databases are constantly being reviewed to ensure that Enron's research needs are being met.  If you know of a professionally relevant database that might be added to eSearch, let us know.  Meanwhile, to further fulfill Enron's research needs, eSource is arranging for desktop access to good-old-fashioned libraries too.  Books from public and local university libraries can be located, borrowed and delivered to employees' desks.  This should be particularly helpful for those with more specialized or technical research needs.

We are also proud to report that at a recent local research conference, Enron's eSource was featured as an industry trailblazer for having invented itself into a combined virtual library and intranet-based research center capable of delivering a broad range of research products and services via the user's desktop.  Attendees from Reliant, Shell, Halliburton and ExxonMobil and others were duly impressed.

As for the future, watch for Version 2.0 of the eSearch website, http://esource.enron.com, scheduled to launch soon.  It will feature greater functionality and additional content.  Look for new features like "Industry Overviews" and links to information providers like Frost & Sullivan, Country Watch, and World Energy Markets.

IN THE NEWS

Chicago And Its Suburbs Pick Enron, ComEd For Power Deals
06/06/2001  Dow Jones Energy Service (Copyright (c) 2001, Dow Jones & Company, Inc.)
CHICAGO -(Dow Jones)-The City of Chicago and 47 suburban communities have decided to divide new deals for 400 megawatts of power between Enron Corp. (ENE) and local utility Commonwealth Edison Co., Chicago officials said Wednesday.
In the largest power purchase agreement in Illinois since the state choose to deregulate the industry in 1997, the local government groups will get 60% of their power from Enron and 40% from Exelon Corp.'s (EXC) ComEd. The municipalities use the power for public buildings and public transportation.
Chicago announced Monday that the group has picked ComEd to meet


Message-ID: <5408633.1075841696990.JavaMail.evans@thyme>
Date: Thu, 12 Apr 2001 17:04:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \kate symes 6-27-02\Notes Folders\All documents
X-Origin: SYMES-K
X-FileName: kate symes 6-27-02.nsf

BUSINESS HIGHLIGHTS

Enron Freight Markets
Enron Freight Markets (EFM) launched its over-the-road trucking business th=
is=20
week.  In addition, EFM completed 199 intermodal transactions in the first=
=20
week of April.

ENA West Power
ENA West Power recently closed the sale of two power projects.  The 750MW=
=20
Pastoria Energy Facility in Kern County, California was sold to Calpine and=
=20
the 240MW Fountain Valley Power project in Colorado was sold to Black Hills=
=20
Energy Capital.  Given the power shortage in the West, ENA is developing=20
additional power generation in Nevada, California and Washington.

Enron Industrial Markets
The newsprint group of EIM is working to revolutionize the newsprint market=
=20
and bring financial rigor and market efficiencies to a business that has=20
remained relatively unchanged for more than a century. The global newsprint=
=20
market is a 23 billion dollar a year business with the North American marke=
t=20
comprising one third.  The group's originators, mid-marketers, and financia=
l=20
and physical traders offer our customers numerous financial and physical=20
products not previously available in the market.=20

EIM has made a substantial commitment to this business with the purchase of=
=20
Garden State Paper company last year and the recent purchase of Daishowa=20
Paper in Quebec City. The number of transactions has grown exponentially wi=
th=20
the physical trading alone reaching a nominal trading volume of more than=
=20
$10,000,000 per month in little more than four months since opening.  In=20
addition to physical spot transactions, the desk offers our counterparties=
=20
log-term fixed priced transactions, indexed based pricing, forward contract=
s,=20
swaps, and derivative products.

Forest Products
Forestweb Inc., an Internet-based generator, aggregator and integrator of=
=20
knowledge and information for the forest products industry, announced a new=
=20
window to industry financial and risk management tools available from=20
Clickpaper.com. Clickpaper allows the industry direct access to transactabl=
e=20
prices for both physical and financial products, in an electronic format.

Paperloop.com, one of the leading online resources for the forest products=
=20
industry, announced the addition of Clickpaper.com in their emarketplace,=
=20
which showcases various e-commerce companies and highlights their services.=
=20
Paperloop provides Clickpaper.com exposure to its 250,000+ monthly users in=
=20
the pulp, paper and converting industries.=20

IN THE NEWS

Ken Lay was the cover story for the April 2001 issue of Continental Magazin=
e.=20
 He had positive things to say about his employees.

=01&Sitting in his 50th floor mahogany-paneled office overlooking his=20
much-beloved downtown Houston, Lay, with a self-conscious smile, bows his=
=20
head slightly as he=01,s described as an innovative market maker.  =01+I re=
ally can=01,
t take any credit, he says. My employees are responsible for what Enron=20
does.=01,  What he does best, the Missouri-born corporate icon says, is =01=
+to=20
create an atmosphere of empowerment and creativity and hire bright,=20
innovative people who aren=01,t afraid to take risks and try new things.=01=
8=20

WELCOME
New Hires
EIM   - Craig Rickard, Lisa McClendon
ENA  - Ben Brasseaux, Stephen Swisher, Tamera Joyner, Vanessa Griffin,=20
Kathleen Ashton

Weekly EnronOnline Statistics

Below are the latest figures for EnronOnline as of April 6, 2001.

* Total Life to Date Tr


Message-ID: <10129531.1075856144136.JavaMail.evans@thyme>
Date: Wed, 15 Nov 2000 10:22:00 -0800 (PST)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: Ameriflash Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: All_ENA_EGM_EIM
X-cc:
X-bcc:
X-Folder: \Thomas_Donohoe_Dec2000\Notes Folders\All documents
X-Origin: Donohoe-T
X-FileName: tdonoho.nsf

BUSINESS HIGHLIGHTS

Coal Trading
The liquidity in trading of the Standard European Coal Agreement has=20
increased significantly over the last 6 weeks.  Many counterparties that=20
previously opted to stay on the sidelines finally chose to join the game.=
=20
Since the contract's inception at the beginning of the year, Enron has trad=
ed=20
a total of 5.3 million tons against the SECA contract, of which 3.8 million=
=20
tons has been traded via EnronOnline since July 2000.  We are 5.3 million=
=20
tons of a total traded market of 5.8 million tons.

Principal Investments
Tridium Inc., the leading provider of Internet-based automation=20
infrastructure solutions, announced the close of a $20 million round of=20
capital funding. The funds will be used to increase Tridium=01,s sales and=
=20
technical support offices in North America, expand its operations into Euro=
pe=20
and Asia, and enhance its technology and products. kRoad Ventures, L.P. and=
=20
Enron North America each contributed $10 million in venture capital.

Corporate Development
Allegheny Energy Supply Company, LLC, a wholly owned subsidiary of Alleghen=
y=20
Energy, Inc., announced the signing of a definitive agreement under which=
=20
Allegheny Energy Supply will purchase three Enron natural gas-fired merchan=
t=20
generating facilities. The acquisition is expected to close in the 2nd=20
quarter of 2001.

PERFORMANCE REVIEW

The deadline to provide feedback is Friday, November 17.  If you have been=
=20
selected to provide feedback on one of your fellow employees, please take t=
he=20
time to fill out an evaluation online at www.pep.enron.com.

IN THE NEWS

"Enron Corp., already North America's biggest, buyer and seller of natural=
=20
gas and electric power is dead serious about its efforts to capture a big=
=20
slice of the $400 billion global trade in pulp, paper and lumber."
-Reuters News Service

2000 CHAIRMAN=01,S AWARD NOMINEES
Please join us in congratulating the ENA/EIM/EGM/ employees who have been=
=20
recognized as Chairman=01,s award nominees.

Congratulations to:

 Irma Alvarez  Alan Aronowitz  Rick Bergseiker  Carol Coats  Joya Davis =20
Rufino Durante
 Sue Foust  Julie Gomez  Barbara Gray  Jackie Griffith  John Harrison  Gerr=
i=20
Irvine
 Kathy Benedict  Michael Kelley  Mike McConnell  Dave Nommensen Ina Norman =
=20
Juan Padron
 Veronica Parra  Michael Roberts  Rhonda Robinson Kevin Sweeney  Helen=20
Taylor  Stacey White

Extra kudos to BARBARA GRAY, who is a finalist for the 2000 Chairman=01,s=
=20
Award.  Barbara and ten other individuals are flying to San Antonio from=20
around the world to be honored at Enron=01,s annual Management Conference. =
 One=20
of these finalists will be recognized as the 2000 Chairman=01,s Award winne=
r.=20

WELCOME
New Hires ENA/EIM/EGM
ENA =01) Anil Chandy, Alejandra Chavez
EGM =01) Marty Cates, JoAnne Underwood, Brad Miller

Transfers to ENA/EIM/EGM
ENA =01) Mark Wadlington, Jennifer Blay-Smith, Georgian Landau, Kathryn Bus=
sell,=20
John Coleman, Steven Gillespie, Clarissa Garcia, Ina Rangel, Farouk Lalji,=
=20
Eva Rainer, Chuchu Wang, Smith Day
EGM =01) Gloria Solis, Carmella Jones, Nancy Haralson

LEGAL STUFF
The information contained in this newsletter is confidential and proprietar=
y=20
to Enron Corp. and its subsidiaries.  It is intended for internal use only=
=20
and should not be disclosed outside of Enron.


Message-ID: <918056.1075844051479.JavaMail.evans@thyme>
Date: Thu, 15 Jun 2000 11:05:00 -0700 (PDT)
From: enron.announcements@enron.com
To: enron.mail@enron.com
Subject: PAC ENROLLMENT
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: Enron PAC Mail
X-cc:
X-bcc:
X-Folder: \Michelle_Lokay_Dec2000_June2001_1\Notes Folders\Corporate
X-Origin: LOKAY-M
X-FileName: mlokay.nsf

Last year the Enron Political Action Committee (PAC) launched a campaign to=
=20
become a "million dollar PAC".  Enron employees, who provide all of the=20
funding for the PAC, responded and the Enron PAC reached its objective,=20
becoming one of the largest corporate PACs.  This year we face a new=20
challenge.  With the sale of EOG, the announced sale of PGE and normal=20
employee turnover, we have lost a significant number of consistent=20
contributors.  We are seeking your support.  If you are not a member, pleas=
e=20
join.  If you are a member, we hope you will consider increasing your=20
contribution.

The Enron PAC is an essential tool in our effort to promote sound public=20
policy.  Our PAC funds support local, state and federal candidates, of both=
=20
parties, who support open markets, deregulation and customer choice.  Amoun=
ts=20
contributed may be used to make political contributions in connection with=
=20
federal and state elections and are subject to the limits of the Federal=20
Election Campaign Act.  While our PAC has grown thanks to our employee=20
contributions, it still generates just a fraction of the expenditures of=20
those who oppose these ideals.

This year, as always, we face challenges and opportunities for every one of=
=20
our businesses, including such issues as taxation and regulation of=20
e-commerce, electric industry restructuring, regulation of derivatives,=20
international trade and investment legislation, pipeline safety, local and=
=20
state decisions affecting the siting and interconnection of power plants an=
d=20
a variety of environmental and tax issues.  Enron has a long and successful=
=20
track record of supporting and advancing good public policy.  That track=20
record depends on access to and regular communication with, decision makers=
. =20
The PAC provides that access - - it shows policy makers that real voters ca=
re=20
about what they are doing.

One of the best things about Enron is that we don=01,t just take things as =
they=20
are.  We challenge the status quo.  We ask why.  We change things.  The PAC=
=20
helps us do that.  We need you to help the PAC.  Sign up today - and please=
=20
consider the following contribution guidelines:

Manager    $500/year
Director     $750/year
Sr. Director/General Manager  $1,000/year
Vice President    $2,500/year
Sr. VP/Managing Director  $3,500/year
Executive Committee   $5,000/year

All contributions are voluntary and these guidelines are merely suggestions=
. =20
You are free to contribute more or less than the guidelines suggested and=
=20
Enron will not favor or disadvantage anyone by reason of the amount of thei=
r=20
contribution or their decision not to contribute.  You may refuse to=20
contribute without fear of reprisal.

Only U.S. citizens and resident-aliens living in the U.S. can contribute to=
=20
the Enron PAC.  The maximum contribution is $5,000 per year per individual.=
 =20
An individual may not contribute more than $25,000 to all federal candidate=
s=20
and committees within a calendar year.  The law requires that Enron report=
=20
name, address, employer and occupation for every person who contributes ove=
r=20
$200/year.

No portion of any contribution is deductible as a charitable contribution f=
or=20
federal income tax purposes.

Thanks for your support!  Sign up now, or revise your current contribution=
=20
level by connecting with the PAC intranet site:

http://pacmembers.enron.com


Message-ID: <23461524.1075860657779.JavaMail.evans@thyme>
Date: Wed, 6 Jun 2001 02:27:00 -0700 (PDT)
From: mlk@pkns.com
To: richard.b.sanders@enron.com
Subject: Fwd: IS TRADING AN INSIDER'S GAME?
Cc: gfergus@brobeck.com, sbishop@gibbs-bruns.com, djn@pkns.com
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
Bcc: gfergus@brobeck.com, sbishop@gibbs-bruns.com, djn@pkns.com
X-From: "Michael Kirby" <mlk@pkns.com>
X-To: <Richard.B.Sanders@enron.com>
X-cc: <Gfergus@brobeck.com>, <Sbishop@gibbs-bruns.com>, "David Noonan" <djn@pkns.com>
X-bcc:
X-Folder: \Richard_Sanders_Jun2001\Notes Folders\All documents
X-Origin: Sanders-R
X-FileName: rsander.nsf

Enclosed is an article in this morning's San Diego Union, written by one of
their reporters that I know. As indicated, it focuses on Enron. Of particular
interest are the comments by Senator Dunn, which are at odds with his
statements to the Sacramento lobbyists that he has no idea what Enron does.

The information contained in this e-mail message and any accompanying
documents is subject to the attorney-client privilege and/or the attorney
work product rule and is confidential business information intended only for
the use of the individual or entity named above.  If the reader of this
message is not the intended recipient or representative of the recipient, you
are hereby notified that any dissemination of this communication is strictly
prohibited.  If you have received this communication in error, please notify
the Systems Administrator at admin@pkns.com and immediately delete this
message from your system.
Content-Transfer-Encoding: quoted-printable
Date: Wed, 06 Jun 2001 08:53:28 -0700
From: "Cindy Frederick" <cfred@pkns.com>
To: "Michael Kirby" <mlk@pkns.com>
Subject: IS TRADING AN INSIDER'S GAME?
Mime-Version: 1.0
Content-Type: text/plain; charset="us-ascii"
Content-Disposition: inline

IS TRADING AN INSIDER'S GAME?
Buying, selling of electricity is a growth business, but some say deck is
stacked against consumers

By Craig D. Rose
STAFF WRITER

June 6, 2001

While Californians decry deregulation's failure to deliver a competitive
market, electricity wholesalers have quietly developed a vast and rapidly
growing business of buying and selling power among themselves.

The deals take place on high-tech trading floors in Houston and elsewhere
around the country, as well as on Internet-based trading systems.

Some experts say this electricity trading is a key mechanism for raising
consumer power prices, yet it's largely unregulated.

"Electricity trading is like buying stock -- when you have ability to change
the stock price," said Frank Wolak, a Stanford University economics professor
and member of the state grid operator's market surveillance group.

Energy companies say the buying and selling of contracts to deliver power
provides risk management, allowing plant owners to presell their electricity,
lock in prices and avoid fluctuations. The rough and tumble of the free
market, they add, is the most efficient means of allocating a resource like
electricity.

But industry critics say trading is far from a competitive market paradigm.
In their view, it's a means of communication -- a way for energy insiders to
collude and raise prices under the guise of competition.

To be sure, the trading arms of major energy companies have emerged as stars
in an industry where profit surges of 300 percent or 400 percent are not
uncommon.

The transactions, shrouded in secrecy, can leave ownership of a critical
commodity in unknown hands. Consider the case of power generated by AES
Corp.'s California plants.

In 1998, AES made a bold move. Immediately after purchasing power plants that
gave it control of 10 percent of the state's electric generating capacity,
the company sold the output from its plants for the next 20 years to Williams
Cos.

Williams did not sit on this treasure trove of electrons. The Tulsa, Okla.,
company s

523 percent in the first
324 percent in the first


Message-ID: <11103463.1075845262559.JavaMail.evans@thyme>
Date: Fri, 8 Jun 2001 06:17:30 -0700 (PDT)
From: 40enron@enron.com
Subject: EnTouch Newsletter
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: ENA Public Relations@ENRON <IMCEANOTES-ENA+20Public+20Relations+40ENRON@ENRON.com>
X-To: All_ENA_EGM_EIM@ENRON <??SAll_ENA_EGM_EIM@ENRON>
X-cc:
X-bcc:
X-Folder: \Mims, Patrice L.\Mims, Patrice L.\Inbox
X-Origin: MIMS-P
X-FileName: Mims, Patrice L..pst

BUSINESS HIGHLIGHTS

eSource
eSource, Enron's research group, has experienced an overwhelmingly positive response to the research training which it has hosted.  Participation and interest by Enron employees has exceeded expectations and many classes were quickly filled.  As a result, repeat classes have been offered and new sessions have been added to the program.  In addition to the Lexis-Nexis and Dow Jones classes, eSource has now begun hosting sessions on Piranha (financials and pricing information), Investext (analyst reports and market analysis), Global Access (financials and corporate activity), and Securities Data Corp. (M&A, debt).   eSource has also arranged long distance sessions using interactive web tools for Enron employees around the world.  Watch for e-mails announcing new training sessions, either in Houston or in a virtual desktop mode.

Since our launch in December, the eSearch website has received over 230,000 hits.  The site today offers Enron employees access to 34 electronic databases.  These databases offer the latest financial and business on-line research capabilities in a cost-effective manner.  In this era of information explosion, databases are constantly being reviewed to ensure that Enron's research needs are being met.  If you know of a professionally relevant database that might be added to eSearch, let us know.  Meanwhile, to further fulfill Enron's research needs, eSource is arranging for desktop access to good-old-fashioned libraries too.  Books from public and local university libraries can be located, borrowed and delivered to employees' desks.  This should be particularly helpful for those with more specialized or technical research needs.

We are also proud to report that at a recent local research conference, Enron's eSource was featured as an industry trailblazer for having invented itself into a combined virtual library and intranet-based research center capable of delivering a broad range of research products and services via the user's desktop.  Attendees from Reliant, Shell, Halliburton and ExxonMobil and others were duly impressed.

As for the future, watch for Version 2.0 of the eSearch website, http://esource.enron.com, scheduled to launch soon.  It will feature greater functionality and additional content.  Look for new features like "Industry Overviews" and links to information providers like Frost & Sullivan, Country Watch, and World Energy Markets.

IN THE NEWS

Chicago And Its Suburbs Pick Enron, ComEd For Power Deals
06/06/2001  Dow Jones Energy Service (Copyright (c) 2001, Dow Jones & Company, Inc.)
CHICAGO -(Dow Jones)-The City of Chicago and 47 suburban communities have decided to divide new deals for 400 megawatts of power between Enron Corp. (ENE) and local utility Commonwealth Edison Co., Chicago officials said Wednesday.
In the largest power purchase agreement in Illinois since the state choose to deregulate the industry in 1997, the local government groups will get 60% of their power from Enron and 40% from Exelon Corp.'s (EXC) ComEd. The municipalities use the power for public buildings and public transportation.
Chicago announced Monday that the group has picked ComEd to meet the renewable target by providing 80 megawatts of power created with landfill gas, wind and other sources. ComEd will also provide the coalition with another 80 megawatts of power generated with fossil fuel and nuclear plants, and Enron will provide the other 240 megawatts. The ne


Message-ID: <7714269.1075847162400.JavaMail.evans@thyme>
Date: Thu, 28 Oct 1999 02:58:00 -0700 (PDT)
From: tana.jones@enron.com
To: mark.taylor@enron.com
Subject: Forcenergy News
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Tana Jones
X-To: Mark Taylor
X-cc:
X-bcc:
X-Folder: \Tanya_Jones_Dec2000\Notes Folders\Sent
X-Origin: JONES-T
X-FileName: tjones.nsf

---------------------- Forwarded by Tana Jones/HOU/ECT on 10/28/99 09:57 AM
---------------------------

"Rick Antonoff" <rantonof@cwt.com> on 10/28/99 09:04:44 AM
To: Lisa Mellencamp/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Rod
Nelson/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT,
Suzanne Adams/HOU/ECT@ECT
cc:
Subject: Forcenergy News

The following is reported today in one of the daily bankruptcy news services I
receive. I thought you might be interested in keeping up with Forcenergy's
bankruptcy case which appears to be headed toward confirmation with more than
a
few hiccups along the way.

Forcenergy Wins Court OK Of Plan Disclosure Statement
Forcenergy Inc. on Oct. 22 won
bankruptcy court approval of the disclosure statement
related to its plan of reorganization.
Doug Walter of Andrews & Kurth, counsel to the
oil & gas producer, said that Judge Thomas M. Brahney III
of the U.S. Bankruptcy Court in New Orleans said he
would approve the disclosure statement after numerous
objections were resolved prior to last Friday?s hearing.
A final order has not been signed, but Judge
Brahney indicated his intent to sign the order at the hearing,
Walter added.
Walter said that Forcenergy hopes to begin
soliciting votes on the reorganization plan on Nov. 3.
Solicitation materials are currently being drafted.
Judge Brahney has scheduled a plan confirmation
hearing for Dec. 13.
As reported, the disclosure statement was amended
after the creditors? committee, while supporting the plan,
found the disclosure statement to be lacking information in
a number of areas. The document was amended to clarify
a few of the secured claims that will be paid in full in cash,
rather than over time.
The creditors noted that the plan proposes a
distribution to equity shareholders in an amount close to
50% of the current value of their interests, while unsecured
creditors will only receive close to 60% of the value of their
claims.
Baker Hughes Oilfield Operations Inc., Baker
Petrolite Corp. and Western Atlas International Inc. had
asserted in a Sept. 15 objection that the plan violated the
absolute priority rule and was thus not confirmable.
The Baker Hughes group also took issue with the
plan for lumping all lien creditors into one class. "The
Proposed Plan wholly fails to address the issue that the
various lien creditors have liens against properties which
may vary greatly in value," the Baker Hughes group said.
It added that the plan is thus not confirmable as the secured
claimants are not properly classified into separate classes
According to Walter, the disclosure statement was
revised to allow for four different treatments of around $34
million in miscellaneous secured claims.
Liens designated sub-class A, claims senior to
other secured claims, will be paid out in full in cash. Sub-class
B liens, those outside Louisiana, will be asked to
accept 85 cents on the dollar for their claims. Sub-class C
liens, those that attach in Louisiana, will be asked to accept
80 cents on the dollar for their claims. And, finally, all
other liens, those in sub-class D, may be challenged.
If sub-class D liens are found to be legitimate, they
will be paid in cash in full over time, or their collateral will
be returned to them. However, Forcenergy says it will not
return any collateral constituting a mineral lease.
As reported, Forcenergy?s plan of reorganization
is expected to provide holders of allowed general unsecured
claims with a 62% recovery through the distribution of
23.04 million shares of new common stock on a pro rata
basis.
On S


Message-ID: <10288433.1075843393490.JavaMail.evans@thyme>
Date: Thu, 15 Mar 2001 18:50:00 -0800 (PST)
From: foothill@lmi.net
To: charlotte@wptf.org
Subject: WPTF Friday Crazy About U Burrito
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Gary Ackerman <foothill@lmi.net>
X-To: webmaster <charlotte@wptf.org>
X-cc:
X-bcc:
X-Folder: \Jeff_Dasovich_June2001\Notes Folders\All documents
X-Origin: DASOVICH-J
X-FileName: jdasovic.nsf

THE FRIDAY BURRITO=20

Ben Zycher from the RAND Corporation used the following line in his talk at=
=20
the WPTF General Meeting in Phoenix a few weeks ago. The story takes place =
in=20
the good ol' days of the Soviet Union when Brezhnev was Premier.? Brezhnev=
=20
and the rest of the Politburo one fine May Day were watching the tanks and=
=20
missiles pass by the Kremlin Wall, when Leonid noticed in the middle of the=
=20
parade a truck carrying a group of civilians.? He turned to Dmitri Ustinov,=
=20
the Defense Minister, and asked, "Who are they?"? Ustinov replied, "Those a=
re=20
our economists.? You just wouldn't believe their destructive potential."=20

This is appropriate for our time and our situation.? The economists descend=
ed=20
upon us when the California market was designed, but we know not from where=
.?=20
Aliens?? Since weaving conspiracy theories is a popular past time in=20
Sacramento ("We just know they are gouging us, them bullies"), I believe th=
at=20
one must do the same by following the money.? I'm not talking about the=20
campaign contributions in Gray Davis' pocket. The most money has gone from=
=20
power sales in California to the Canadian Province of British Columbia.? It=
=20
was a plot the Canadians hatched. I mean, look at Governor Davis.? He looks=
=20
kind of BC-ish.? Skinny and lanky, wimpy hair, and a hesitation in his=20
speech. He talks their language: a mix of misspelled French ("meet me at th=
e=20
centre"), English, and Eh(?).? One night in 1996, the BC government secretl=
y=20
sent us some economists by the truckload to destroy California.? The=20
utilities probably paid for the bus tickets.? I happen to know that Frank=
=20
Wolak, Chair of the ISO Market Surveillance Committee once lectured at a=20
University in Vancouver, B.C..? What more evidence do you need?? The BC=20
Government sent us cheap hydro power, sold at inflated market prices so tha=
t=20
they could do what the citizens of California wanted to do with their budge=
t=20
largess =01( build roads, schools, and hospitals. They didn't think we coul=
d=20
figure out their plot, but we did.? Now is the time for California to=20
counter-attack.? We'll send them some of our politicians, a bipartisan grou=
p=20
including a few who can add, and some of our select energy thugs from the=
=20
CPUC and the Blind Oversight Board.=20

Speaking of times and situations, there was a time when discussing the ISO,=
=20
words such as "communist" and "Nazi" were only uttered, by my pal, Carl=20
Imparato,.? We would shake our heads, and chuckle at Carl's extremism.? We=
=20
aren't laughing now.? The descriptors seem to arise again and again in poli=
te=20
conversation by a wider circle of people.? I watch with utter amusement=20
(because the alternative is retching breakfast) at the demagoguery of the I=
SO=20
Governing Board, the Market Despair Team, the Governor's office, and some=
=20
members of the California Legislature. Like an audience watching a tragedy=
=20
from hell, we scream aloud, "These people are crazy!"? And indeed, they are=
.?=20
Mr. President is not helping us at all by continuing to wrangle over who ge=
ts=20
the musical Chair at FERC =01( Bubba Curt or Bubba Patrick.? Listen to us, =
Mr.=20
President.? Let Bubba Curt keep the reigns for a year or two, and let Bubba=
=20
Patrick take a seat at the table.? We need someone with a shockproof BS=20
detector.? Someone who can honestly field a motion to dismiss the Californi=
a=20
ISO.?

20
to additional electric generation in the West.


Message-ID: <12623382.1075844021470.JavaMail.evans@thyme>
Date: Mon, 17 Jul 2000 11:25:00 -0700 (PDT)
From: enron.announcements@enron.com
To: enron.mail@enron.com
Subject: PAC REMINDER
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Enron Announcements
X-To: Enron PAC Mail
X-cc:
X-bcc:
X-Folder: \Michelle_Lokay_Dec2000_June2001_1\Notes Folders\All documents
X-Origin: LOKAY-M
X-FileName: mlokay.nsf

Last month you received an email about enrolling in the Enron PAC.  The=20
response has been positive. =20
Thank you to those of you that have already enrolled or made a change to yo=
ur=20
current contribution! =20
If you have not had an opportunity to visit the enrollment site, please=20
consider taking a moment to do so.  The link to the website is at the end o=
f=20
this message.

 Some of you may have experienced problems launching the site or enrolling.=
 =20
We apologize for any trouble that you may have had.  The enrollment works=
=20
best in either Internet Explorer or Netscape.  The most frequent problems=
=20
were a result of the Lotus Notes web browser that many employees have=20
installed as a default browser.  If this is your case, please copy and past=
e=20
the link at the end of this message into either Internet Explorer or Netsca=
pe.

As a reminder - Following is the original message regarding the PAC=20
enrollment:

Last year the Enron Political Action Committee (PAC) launched a campaign to=
=20
become a "million dollar PAC".  Enron employees, who provide all of the=20
funding for the PAC, responded and the Enron PAC reached its objective,=20
becoming one of the largest corporate PACs.  This year we face a new=20
challenge.  With the sale of EOG, the announced sale of PGE and normal=20
employee turnover, we have lost a significant number of consistent=20
contributors.  We are seeking your support.  If you are not a member, pleas=
e=20
join.  If you are a member, we hope you will consider increasing your=20
contribution.

The Enron PAC is an essential tool in our effort to promote sound public=20
policy.  Our PAC funds support local, state and federal candidates, of both=
=20
parties, who support open markets, deregulation and customer choice.  Amoun=
ts=20
contributed may be used to make political contributions in connection with=
=20
federal and state elections and are subject to the limits of the Federal=20
Election Campaign Act.  While our PAC has grown thanks to our employee=20
contributions, it still generates just a fraction of the expenditures of=20
those who oppose these ideals.

This year, as always, we face challenges and opportunities for every one of=
=20
our businesses, including such issues as taxation and regulation of=20
e-commerce, electric industry restructuring, regulation of derivatives,=20
international trade and investment legislation, pipeline safety, local and=
=20
state decisions affecting the siting and interconnection of power plants an=
d=20
a variety of environmental and tax issues.  Enron has a long and successful=
=20
track record of supporting and advancing good public policy.  That track=20
record depends on access to and regular communication with, decision makers=
. =20
The PAC provides that access - - it shows policy makers that real voters ca=
re=20
about what they are doing.

One of the best things about Enron is that we don=01,t just take things as =
they=20
are.  We challenge the status quo.  We ask why.  We change things.  The PAC=
=20
helps us do that.  We need you to help the PAC.  Sign up today =01) and ple=
ase=20
consider the following contribution guidelines:

Manager    $500/year
Director     $750/year
Sr. Director/General Manager  $1,000/year
Vice President    $2,500/year
Sr. VP/Managing Director  $3,500/year
Executive Committee   $5,000/year

All contributions are voluntary and these guidelines are merely suggestions=
. =20
You are free to contribute more or less than the guidelines suggested


Message-ID: <17491708.1075840559698.JavaMail.evans@thyme>
Date: Mon, 14 Jan 2002 14:18:58 -0800 (PST)
From: c..giron@enron.com
To: jhliberman@pclient.ml.com
Subject: RE:
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Giron, Darron C. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=DGIRON>
X-To: '"liberman, Jay H (DALLAS EY 586)" <JHliberman@pclient.ml.com>@ENRON'
X-cc:
X-bcc:
X-Folder: \ExMerge - Giron, Darron C.\Sent Items
X-Origin: GIRON-D
X-FileName: darron giron 6-26-02.PST

The HB was pretty wild.  We went to the Big XII CG.  Good game, bummer outcome.

I think I would like to start the 529 plan for each kid.  Can I transfer either the custodial or Ed IRA $$??  I just tried to call, but no one answered.  With all the craziness here, I'm not sitting by my phone.  If you call, ask the person to messenger me.

DG

 -----Original Message-----
From: 	"liberman, Jay H (DALLAS EY 586)" <JHliberman@pclient.ml.com>@ENRON
Sent:	Thursday, January 10, 2002 2:02 PM
To:	Giron, Darron C.
Subject:	RE:

Darron,

Sorry, things have been hectic lately... How did you like that Horns game???

As for the Ed IRA.. they have raised the limits to $2K

You should however consider the Section 529 plans that I believe we have
discussed previously.  Call me to discuss further.

http://www.nextgenplan.com/

-Jay

-----Original Message-----
From: Giron, Darron C. [mailto:Darron.C.Giron@ENRON.com]
Sent: Thursday, January 10, 2002 1:36 PM
To: Jay Liberman (E-mail)
Subject: FW:

>  -----Original Message-----
> From: 	Giron, Darron C.
> Sent:	Friday, January 04, 2002 9:36 AM
> To:	Jay Liberman (E-mail)
> Subject:
>
> Jay,
> I hope you had a good Holiday Season.  Hopefully 2002 will be better than
2001!  I believe that this year the limit has been raised on the Education
IRA's.  Is this true?  If so, I would like to contribute more than the $500
that it has been.  Please let me know.  Thanks.
> DG

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

_______________________________________
CAUTION: electronic mail sent through the internet is not secure and could
be intercepted by a third party. For your protection, avoid sending
identifying information, such as account, Social Security, or card numbers
to us or others. Further, do not send time-sensitive, action-oriented
messages, such as transaction orders, fund transfer instructions, or check
stop payments, as it is our policy not to accept such items electronically.

"liberman, Jay H (DALLAS EY 586)
Giron, Darron C.


Message-ID: <14989801.1075863672225.JavaMail.evans@thyme>
Date: Thu, 29 Jun 2000 04:47:00 -0700 (PDT)
From: darron.giron@enron.com
To: dgiron1@pdq.net
Subject: EnronOptions - Your Stock Option Program
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: quoted-printable
X-From: Darron C Giron
X-To: dgiron1@pdq.net
X-cc:
X-bcc:
X-Folder: \Darron_Giron_Jun2001\Notes Folders\All documents
X-Origin: Giron-D
X-FileName: dgiron.nsf

---------------------- Forwarded by Darron C Giron/HOU/ECT on 06/29/2000=20
11:43 AM ---------------------------
 Office of the Chairman
From: Office of the Chairman@ENRON on 06/29/2000 11:46 AM
To: ESOP All Enron N. A.
cc: =20
Subject: EnronOptions - Your Stock Option Program

It is amazing and yet not surprising how much Enron has accomplished in the=
=20
first six months of this year. You continue to make it happen.  We recogniz=
e=20
that you work hard every day to accomplish Enron=01,s business goals, and w=
e are=20
pleased that many of you have shared in the company=01,s financial success=
=20
through Enron stock options.=20

As you may know, the current employee stock option program (also known as t=
he=20
All Employee Stock Option Program or AESOP) began in 1994 and provided valu=
e=20
to participants through 2000.  Employees who have participated in this=20
program from its inception have realized a 1,119% increase in the value of=
=20
their stock options (assuming a stock price of $70) over the life of the=20
program.  =20

Enron stock options are a valuable part of your total compensation package=
=20
and a contributing factor to your performance and to Enron=01,s continued=
=20
success.  Therefore, the Enron Executive Committee and the Compensation and=
=20
Management Development Committee of the Enron Board of Directors have decid=
ed=20
to continue to offer stock options as a part of your compensation package.

On May 1, 2000, the Committee approved an employee stock option program for=
=20
calendar years 2001 - 2005 (EnronOptions =01) Your Stock Option Program).  =
It is=20
expected that EnronOptions =01) Your Stock Option Program will be granted,=
=20
effective on or about December 29, 2000, for those employees who are eligib=
le=20
on that date (please see note below).  The new program, which is subject to=
=20
final approval by Enron=01,s Board of Directors, is as follows:

? EnronOptions =01) Your Stock Option Program will give stock options to=20
eligible full-time and part-time regular employees in domestic and=20
international companies/locations.
? The grant of non-qualified stock options will equal 25% of annual base=20
salary (5% of annual base salary for each year of a 5-year period) on=20
December 29, 2000. (Salary calculation and value may vary in some=20
international locations.)
? The Board will grant the stock options on December 29, 2000.
? Eligible employees hired in subsequent years will receive a prorated gran=
t=20
of stock options.

Why commit your talent and energy to Enron?  EnronOptions =01) Your Stock O=
ption=20
Program, among other good reasons=01( that=01,s why.

In the coming weeks, you will be receiving more details about EnronOptions =
=01)=20
Your Stock Option Program.  To provide information and answer your question=
s,=20
we will introduce a special link on the Human Resources web-site, host=20
several eSpeak sessions and continue to communicate with you on a regular=
=20
basis.  In the meantime, if you have immediate questions, please contact yo=
ur=20
Human Resources representative.=20

Note: In addition to final approval by Enron=01,s Board of Directors, grant=
ing=20
of options will be subject to New York Stock Exchange and state and federal=
=20
regulatory requirements.  It is expected that EnronOptions =01) Your Stock=
=20
Option Program will be available to most Enron employees; however, some Enr=
on=20
companies=01, employees may not be eligible due to legal, accounting, tax, =
labor=20
or business issue


Message-ID: <29266339.1075850035145.JavaMail.evans@thyme>
Date: Mon, 31 Dec 1979 16:00:00 -0800 (PST)
From: archiving@enron.com
Subject: Archive Log for 7/10/2001 3:05:51 PM
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Archiving
X-To:
X-cc:
X-bcc:
X-Folder: \Steven_Kean_Nov2001_2\Notes Folders\Archiving\Untitled
X-Origin: KEAN-S
X-FileName: skean.nsf

 CPUC Hearing in SD on 9/8 (created by Mona L Petrochko/SFO/EES on 9/10/2000)

 ENA's Response to CA-ISO RFB (created by Karen Denne/Corp/Enron on 9/26/2000)

 Call w/Gov. Davis document (created by Joseph Alamo/NA/Enron on 9/27/2000)

 Re: examples of auction processes in Canada (created by
Aleck.Dadson@enron.com on 10/1/2000)

 Re: RUSH RUSH: Examples of power supply auction processes [that worked]
(created by Paul Dawson/Govt. Affairs/LON/ECT on 10/2/2000)

 Re: RUSH RUSH: Examples of power supply auction processes [that worked]
(created by Alfredo Huertas/LON/ECT on 10/2/2000)

 Re: examples of auction processes that worked (created by
Robert.Hemstock@enron.com on 10/2/2000)

 Re: examples of auction processes that worked (created by Janine
Migden/DUB/EES on 10/2/2000)

 RE: Auction of Default Supplier Obligation (created by Jeff
Dasovich/NA/Enron on 10/2/2000)

 Calif Consumer Responds to Enron's 3Q Earnings (created by James D
Steffes/NA/Enron on 10/18/2000)

 The FINAL version of the Section 206 white paper (created by Mary
Hain/HOU/ECT on 10/19/2000)

 CONFERENCE CALL TODAY Regarding CPUC Investigation (created by Twanda
Sweet/HOU/ECT on 10/24/2000)

 Forum for Solution to Utility Undercollection Problem (created by Jeff
Dasovich/NA/Enron on 10/24/2000)

 FW: Davis Press Release on FERB Report (created by Susan J Mara/NA/Enron on
11/2/2000)

 Your request for presentations (created by Mary Hain/HOU/ECT on 11/7/2000)

 Peace Letter (created by James D Steffes/NA/Enron on 11/7/2000)

 Re: Your request for presentations in Support of 9 Nov 00 Presentation
(created by Alan Comnes/PDX/ECT on 11/7/2000)

 Update on Charts Characterizing the Cost to Build a Peaker Plant in
California (created by Alan Comnes/PDX/ECT on 11/8/2000)

 Enron Deals for FERC Panel (created by Jeff Dasovich/NA/Enron on 11/8/2000)

 Conversation with Bill Reed of Sempra     (created by Jeff Dasovich/NA/Enron
on 11/8/2000)

  (created by Paul Kaufman/PDX/ECT on 11/8/2000)

 ISO/PX Market Reports (created by Jeff Dasovich/NA/Enron on 11/8/2000)

 Talking Points for UC Berkeley conference on CA Electricity Mess (created by
Jeff Dasovich/NA/Enron on 11/10/2000)

 GOVERNOR DAVIS CALLS ON FEDERAL ENERGY REGULATORY COMMISSION TO ORDER
CONSUMER (created by Karen Denne/Corp/Enron on 11/14/2000)

 Re: talking points on California situation (created by Steven J
Kean/NA/Enron on 11/18/2000)

 CEC report issued today saying there is no supply problem next summer
(created by Jeff Dasovich/NA/Enron on 11/20/2000)

 Comnes Affidavit Revised (created by Alan Comnes/PDX/ECT on 11/22/2000)

 Options the Governor's Considering (created by Jeff Dasovich/NA/Enron on
11/22/2000)

 Duke Energy proposes to manage SDG&E's entire electricity load for five
years (created by Karen Denne/Corp/Enron on 11/27/2000)

 Power Prices in California (created by Richard Shapiro/NA/Enron on
11/28/2000)

 Hogan & Harvey say CA price spikes likely due to factors other than market
power (created by Jeff Dasovich/NA/Enron on 11/28/2000)

 Industrial Users' Proposal to California's Woes (created by Jeff
Dasovich/NA/Enron on 11/29/2000)

 From Today's Electricity Daily (created by Jeff Dasovich/NA/Enron on
11/30/2000)

 Chandley Harvey Hogan (created by Jeff Dasovich/NA/Enron on 11/30/2000)

 Re: Press Statement on Bad PUC Gas Decision? Need to decide by 4 PM (PST)
(created by Richard Shapiro/NA/Enron on 11/30/2000)

 Re: Governor's Response to FERC (created by Alan Comnes/PDX/ECT on 12/1/2000)

 Governor's Proposals Go Public (created by Jeff Dasovich/NA/Enron on
1


Message-ID: <9211708.1075860931560.JavaMail.evans@thyme>
Date: Fri, 22 Feb 2002 06:58:59 -0800 (PST)
From: sarah.haden@enron.com
Subject: EGS and Industry Mentions
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Haden, Sarah </O=ENRON/OU=NA/CN=RECIPIENTS/CN=SHADEN>
X-To:
X-cc:
X-bcc:
X-Folder: \Kim_Watson_Mar2002\Watson, Kimberly\Industry Mentions
X-Origin: Watson-K
X-FileName: kwatson (Non-Privileged).pst

India Dabhol Creditors: Mtg In Singapore "Productive"
Dow Jones Energy Service, 02/22/2002

Jeb Bush Had Profit on Enron Unit
The Washington Post, 02/22/2002

Enron unit investment made profit for Jeb Bush                                                                                Houston Chronicle, 02/22/2002

Enron has deal to sell wind unit / GE purchasing one of largest assets left
Houston Chronicle, 02/21/2002

_________________________________________________________________

India Dabhol Creditors: Mtg In Singapore "Productive"

02/22/2002
Dow Jones Energy Service
(Copyright (c) 2002, Dow Jones & Company, Inc.)
SINGAPORE -(Dow Jones)- Financiers of Enron Corp.'s (ENE) US$2.9 billion Indian power unit, the Dabhol Power Co., described two-day talks that concluded in Singapore Thursday as "productive," according to a statement issued Friday.
"The meetings were productive and a plan of action is being developed," said the statement from the steering committee representing Dabhol's international lenders.
"The meetings were confidential in nature, and therefore no further detail can be provided," it said.
Dabhol's Indian and foreign lenders were meeting behind closed doors earlier this week to discuss ways to revive the ailing power project.
Dabhol, the largest foreign investment project in India, has been mired in conflict since 1995 due to payment disputes with its sole customer, the Maharashtra State Electricity Board.
Lenders to the beleaguered company are keen to find a buyer for the 85% foreign equity, which includes Enron's 65% controlling stake.

Earlier this week, A.K. Doda, executive director of the Industrial Development Bank of India (P.IDB), told Dow Jones Newswires the lenders' meeting would finalize a due-diligence time frame for prospective buyers of Dabhol's foreign-held equity.
A source close to the international lenders suggested further lenders' meetings in the future.
"We are still in productive dialogue, but where and when there will be meetings has not been decided," the source said.
"It's natural to expect that there will be follow-up meetings at some stage," he added.
India's Tata Power Co. (P.TPW), BSES Ltd. (P.BSX), U.K.'s BG Group PLC (BRG), Gaz de France (F.GAF), the Royal Dutch/Shell Group (RD) and India's largest gas distributor and marketer, the state-owned Gas Authority of India Ltd. (P.GAI), have expressed interest in bidding for Dabhol's foreign equity.
Dabhol's domestic lenders include IDBI, ICICI Ltd. (IC), IFCI Ltd. (P.ICI) and the State Bank of India (P.SBI).
Loans by foreign lenders - including investing bank ABN Amro, Bank of America Corp. (BAC) and Citigroup Inc. (C) - are backed by government guarantees. Domestic lenders' loans aren't.
Aside from Enron's 65% controlling stake, Dabhol's remaining foreign equity is held by General Electric Co. (GE) and Bechtel (X.BTL), who each hold a 10% stake. The Maharashtra State Electricity Board holds the remaining 15%.

-By Sri Jegarajah, Dow Jones Newswires; 65-415-4066; sri.jegarajah@dowjones.com

Jeb Bush Had Profit on Enron Unit
April Witt

02/22/2002
The Washington Post
FINAL
Page A04
Copyright 2002, The Washington Post Co. All Rights Reserved
Florida Gov. Jeb Bush invested in a publicly traded Enron Corp. partnership in 1995 and turned a modest profit before selling it less than a year later.
Bush invested $91,527 in Enron Liquids Pipeline LP in February 1995 and realized a profit of just $7,118 when he sold it 10 mon


Message-ID: <13581238.1075862333519.JavaMail.evans@thyme>
Date: Mon, 19 Nov 2001 11:30:09 -0800 (PST)
From: webmaster@cera.com
To: clients@cera.com
Subject: Natural Gas Market Looks for the Arrival of Winter - CERA Monthly
 Briefing
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: webmaster@cera.com@ENRON
X-To: clients@cera.com
X-cc:
X-bcc:
X-Folder: \SHARRIS1 (Non-Privileged)\Harris, Steven\Deleted Items
X-Origin: Harris-S
X-FileName: SHARRIS1 (Non-Privileged).pst

Title: Monthly Gas Briefing: Another Fall Tradition
URL(s):

http://www.cera.com/eprofile?u=35&m=2802;

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

NATURAL GAS MARKET LOOKS FOR THE ARRIVAL OF WINTER

Natural gas market participants are renewing the annual tradition of seizing on
each weather forecast for hints of the onset of winter weather. Although these
jitters have led to higher early-November prices, the winter market looks to be
well supplied owing to the combination of milder weather, depressed demand,
high storage levels, and ample production. December Henry Hub prices are
expected to average $2.70 per MMBtu.

* US gas storage inventories are estimated to leveled off at 3,107 billion
cubic feet (Bcf) by the end of October. Without harsher weather, the year-over-
year storage surplus should swell to over 770 Bcf by end-December.

* December demand will be significantly lower than in 2000 due largely to the
milder weather expected this year. While some industrial demand will return due
to lower gas prices, overall demand should be 11 percent lower than last year.

**end**

Follow above URL for complete CERA Monthly Briefing (6 printed pages).

E-mail Category: Monthly Briefing
CERA Knowledge Area(s): North American Gas

***********************************************************************
**************************************************************************************
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Message-ID: <19936092.1075843867237.JavaMail.evans@thyme>
Date: Fri, 16 Mar 2001 03:51:00 -0800 (PST)
From: jeff.dasovich@enron.com
To: alan.comnes@enron.com, angela.schwarz@enron.com, beverly.aden@enron.com,
	bill.votaw@enron.com, brenda.barreda@enron.com,
	carol.moffett@enron.com, cathy.corbin@enron.com,
	chris.foster@enron.com, christina.liscano@enron.com,
	craig.sutter@enron.com, dan.leff@enron.com,
	debora.whitehead@enron.com, dennis.benevides@enron.com,
	don.black@enron.com, dorothy.youngblood@enron.com,
	douglas.huth@enron.com, edward.sacks@enron.com,
	eric.melvin@enron.com, erika.dupre@enron.com, evan.hughes@enron.com,
	fran.deltoro@enron.com, gayle.muench@enron.com,
	ginger.dernehl@enron.com, gordon.savage@enron.com,
	harold.buchanan@enron.com, harry.kingerski@enron.com,
	iris.waser@enron.com, james.steffes@enron.com, james.lewis@enron.com,
	james.wright@enron.com, jeff.messina@enron.com,
	jeremy.blachman@enron.com, jess.hewitt@enron.com,
	joe.hartsoe@enron.com, karen.denne@enron.com, kathy.bass@enron.com,
	kathy.dodgen@enron.com, ken.gustafson@enron.com,
	kevin.hughes@enron.com, leasa.lopez@enron.com,
	leticia.botello@enron.com, mark.muller@enron.com,
	marsha.suggs@enron.com, marty.sunde@enron.com,
	meredith.eggleston@enron.com, michael.etringer@enron.com,
	michael.mann@enron.com, michelle.cisneros@enron.com,
	mpalmer@enron.com, neil.bresnan@enron.com, neil.hong@enron.com,
	paul.kaufman@enron.com, paula.warren@enron.com,
	richard.zdunkewicz@enron.com, richard.leibert@enron.com,
	richard.shapiro@enron.com, rita.hennessy@enron.com,
	roger.yang@enron.com, rosalinda.tijerina@enron.com,
	sandra.mccubbin@enron.com, sarah.novosel@enron.com,
	scott.gahn@enron.com, scott.stoness@enron.com, sharon.dick@enron.com,
	skean@enron.com, tanya.leslie@enron.com, tasha.lair@enron.com,
	ted.murphy@enron.com, terri.greenlee@enron.com, tim.belden@enron.com,
	tony.spruiell@enron.com, vicki.sharp@enron.com,
	vladimir.gorny@enron.com, wanda.curry@enron.com,
	william.bradford@enron.com, kathryn.corbally@enron.com,
	jubran.whalan@enron.com, triley@enron.com, richard.sanders@enron.com,
	robert.williams@enron.com, greg.wolfe@enron.com,
	james.wright@enron.com, dirk.vanulden@enron.com,
	steve.walker@enron.com, jennifer.rudolph@enron.com,
	martin.wenzel@enron.com, douglas.condon@enron.com, wgang@enron.com,
	sgovenar@govadv.com, hgovenar@govadv.com, jklauber@llgm.com,
	mike.smith@enron.com, john.neslage@enron.com,
	janel.guerrero@enron.com, eric.letke@enron.com,
	richard.sanders@enron.com, gfergus@brobeck.com
Subject: State's Power Purchases Costlier Than Projected Tab is $6 million a
 day over Davis' requests
Mime-Version: 1.0
Content-Type: text/plain; charset=ANSI_X3.4-1968
Content-Transfer-Encoding: 7bit
X-From: Jeff Dasovich
X-To: Alan Comnes, Angela Schwarz, Beverly Aden, Bill Votaw, Brenda Barreda, Carol Moffett, Cathy Corbin, Chris H Foster, Christina Liscano, Craig H Sutter, Dan Leff, Debora Whitehead, Dennis Benevides, Don Black, Dorothy Youngblood, Douglas Huth, Edward Sacks, Eric Melvin, Erika Dupre, Evan Hughes, Fran Deltoro, Gayle W Muench, Ginger Dernehl, Gordon Savage, Harold G Buchanan, Harry Kingerski, Iris Waser, James D Steffes, James W Lewis, James Wright, Jeff Messina, Jeremy Blachman, Jess Hewitt, Joe Hartsoe, Karen Denne, Kathy Bass, Kathy Dodgen, Ken Gustafson, Kevin Hughes, Leasa Lopez, Leticia Botello, Mark S Muller, Marsha Suggs, Marty Sunde, Meredith M Eggleston, Michael Etringer, Michael Mann, Michelle D Cisneros, mpalmer@enron.com, Neil Bresnan, Neil Hong, Paul Kaufman, Paula Warren, Richard L Zdunkewicz, Richard Leibert, Richard Shapiro, Rita Hennessy, Roger Yang, Rosalinda Tijerina, Sandra McCubbin, Sarah Novosel, Scott Gahn, Scott Stoness, Sharon Dick, skean@enron.com, Tanya Leslie, Tasha Lair, Ted Murphy, Terri Greenlee, Tim Belden, Tony Spruiell, Vicki Sharp, Vladimir Gorny, Wanda Curry, William S Bradford, Kathryn Corbally, Jubran Whalan, triley@enron.com, Richard B Sande

Alan Comnes, Angela Schwarz, Beverly Aden, Bill Votaw, Brenda Barreda, Carol Moffett, Cathy Corbin, Chris H Foster, Christina Liscano, Craig H Sutter, Dan Leff, Debora Whitehead, Dennis Benevides, Don Black, Dorothy Youngblood, Douglas Huth, Edward Sacks, Eric Melvin, Erika Dupre, Evan Hughes, Fran Deltoro, Gayle W Muench, Ginger Dernehl, Gordon Savage, Harold G Buchanan, Harry Kingerski, Iris Waser, James D Steffes, James W Lewis, James Wright, Jeff Messina, Jeremy Blachman, Jess Hewitt, Joe Hartsoe, Karen Denne, Kathy Bass, Kathy Dodgen, Ken Gustafson, Kevin Hughes, Leasa Lopez, Leticia Botello, Mark S Muller, Marsha Suggs, Marty Sunde, Meredith M Eggleston, Michael Etringer, Michael Mann, Michelle D Cisneros, mpalmer@enron.com, Neil Bresnan, Neil Hong, Paul Kaufman, Paula Warren, Richard L Zdunkewicz, Richard Leibert, Richard Shapiro, Rita Hennessy, Roger Yang, Rosalinda Tijerina, Sandra McCubbin, Sarah Novosel, Scott Gahn, Scott Stoness, Sharon Dick, skean@enron.com, Tanya Leslie, Tasha Lair, Ted Murphy, Terri Greenlee, Tim Belden, Tony Spruiell, Vicki Sharp, Vladimir Gorny, Wanda Curry, William S Bradford, Kathryn Corbally, Jubran Whalan, triley@enron.com, Richard B Sanders, Robert C Williams, Greg Wolfe, James Wright, Dirk vanUlden, Steve Walker, Jennifer Rudolph, Martin Wenzel, Douglas Condon, wgang@enron.com, Scott Govenar


Message-ID: <7527614.1075852683038.JavaMail.evans@thyme>
Date: Mon, 16 Jul 2001 10:38:38 -0700 (PDT)
From: bryson.hull@reuters.com
To: jeff.skilling@enron.com
Subject:
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Bryson.Hull@reuters.com@ENRON <IMCEANOTES-Bryson+2EHull+40reuters+2Ecom+40ENRON@ENRON.com>
X-To: Skilling, Jeff </O=ENRON/OU=NA/CN=RECIPIENTS/CN=JSKILLIN>
X-cc:
X-bcc:
X-Folder: \JSKILLIN (Non-Privileged)\Inbox
X-Origin: Dasovich-J
X-FileName: JDASOVIC (Non-Privileged).pst

Jeff:

I managed to work your explanation about why you went to San Francisco into this piece, and I'm glad you gave it because no one has heard your side of that story yet. And thanks for the Reuters plug during the conference call as well.
By the way, in listening to the tape of the interview, I realize I didn't explain why I thought the scene out there sounded like it was from a Stanley Kubrick movie. I heard there were folks in pig masks, and with the pie throwing, cops and cries of "Beat them!" it could have been an outtake from "A Clockwork Orange."
Anyway, thanks as always for your time and candor, the latter of which particularly makes covering Enron a real blast. And I want you to know that you have the single-best PR department I've ever run across. Karen, Mark, John and Vance deserve special mention for the number of phone calls they take from me, and for the expedition with which they respond. They always deliver the goods.
See you after the third quarter.

Best regards,

CBH

    By C. Bryson Hull
   HOUSTON, July 12 (Reuters) - The thus-far cool summer in California and the emergence of specifics about Enron Corp's <ENE.N> limited involvement in the embattled California power market should ease pressure on the energy giant's stock, the company's chief executive said on Thursday.
   "I think we are going to get through the summer just fine. In terms of the financial impact on Enron, it's pretty much over," Enron President and Chief Executive Officer Jeff Skilling told Reuters in an interview.
   The rhetorical attacks on the Houston company as an out-of-state generator ignore key facts about how much power Enron sold into California, he said.
   "I don't know how they can keep using us as the poster child when all of the numbers keep coming out. The poster child ought to be the Los Angeles Department of Water and Power," Skilling said.
   According to sales records maintained by the California Independent System Operator, which manages most of the state's power grid, Enron accounted for 0.4 percent of the alleged $9 billion in overcharges.
   The U.S. Federal Energy Regulatory Commission is slated to decide if there was an overcharge to California, and if so, how much should be refunded.
   The same records show that the L.A. municipal utility and other municipal utilities in the state overcharged PG&E Corp.'s <PCG.N> Pacific Gas and Electric and Edison International's <EIX.N> Southern California Edison utilities millions more than Enron did.
   "I believe ultimately in the longer term, as people become more knowledgeable about the data and statistics, I don't think they'll harp on Enron so much," Skilling said.
   Skilling has personally felt the nasty nature of the duel between California and "out-of-state power producers," the label California Gov. Gray Davis, a Democrat, has used to blast energy companies like Enron. During a June 21 speech in San Francisco, a demonstrator threw a cream pie and hit Skilling in the face.
   "I knew something was going to happen out there, but we  wanted to get our facts out and show our commitment to getting the facts out," Skilling said of the reason for his visit.
   After he was hit with the pie, Skilling calmly explained his and Enron's belief for the reasons behind California's power woes.
   While Davis blames Enron and others for jacking up wholesale energy prices, the companies pinpoint California's flawed deregulation scheme and a r


Message-ID: <21021513.1075840650643.JavaMail.evans@thyme>
Date: Thu, 21 Dec 2000 04:24:00 -0800 (PST)
From: carla.hoffman@enron.com
To: tim.belden@enron.com, robert.badeer@enron.com, jeff.richter@enron.com,
	phillip.platter@enron.com, mike.swerzbin@enron.com,
	diana.scholtes@enron.com, sean.crandall@enron.com,
	matt.motley@enron.com, mark.guzman@enron.com, tom.alonso@enron.com,
	mark.fischer@enron.com, jesse.bryson@enron.com,
	chris.mallory@enron.com, tracy.ngo@enron.com
Subject: DJ Calif PUC OKs PG&E Issuance Of $2B In Long-Term Debt
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Carla Hoffman
X-To: Tim Belden, Robert Badeer, Jeff Richter, Phillip Platter, Mike Swerzbin, Diana Scholtes, Sean Crandall, Matt Motley, Mark Guzman, Tom Alonso, Mark Fischer, Jesse Bryson, Chris Mallory, Tracy Ngo
X-cc:
X-bcc:
X-Folder: \mark guzman 6-28-02\Notes Folders\Discussion threads
X-Origin: GUZMAN-M
X-FileName: mark guzman 6-28-02.nsf

---------------------- Forwarded by Carla Hoffman/PDX/ECT on 12/21/2000 12:33
PM ---------------------------

	Enron Capital & Trade Resources Corp.

	From:  "Pergher, Gunther" <Gunther.Pergher@dowjones.com>
     12/21/2000 12:21 PM

To: undisclosed-recipients:;
cc:
Subject: DJ Calif PUC OKs PG&E Issuance Of $2B In Long-Term Debt

19:05 GMT 21 December 2000 *DJ Calif PUC OKs PG&E Issuance Of $2B In
Long-Term Debt
(MORE) Dow Jones Newswires 21-12-00
1905GMT
Issuance To Fund $4.5B Undercollections
LOS ANGELES (Dow Jones)--The California Public Utilities Commission Thursday
swiftly granted Pacific Gas and Electric Co.'s request to issue up to $2
billion in long-term debt to finance undercollections of wholesale power
costs.
The PG&E Corp.(PCG) unit has undercollections totalling $4.5 billion as it
is unable to pass high wholesale electricity costs to customers due to a
rate freeze. The utility has filed a request with the PUC to end that rate
freeze and allow rate hikes.
In its application, Pacific Gas and Electric said the size of its
undercollection made it difficult to obtain short-term debt, and that
long-term debt issuance was therefore necessary, the PUC said.
The PUC decision also allows the utility to use $370 million of the $2
billion for other purposes if those funds are not needed to finance
undercollections. It was not immediate clear what other purposes those funds
could be used for, however.
PG&E's request for perpetual authority to issue $2 billion in long-term debt
was denied.
-By Jessica Berthold; Dow Jones Newswires; 323-658-3872;
jessica.berthold@dowjones.com
(END) Dow Jones Newswires 21-12-00
1929GMT

G_nther A. Pergher
Senior Analyst
Dow Jones & Company Inc.
Tel.  609.520.7067
Fax. 609.452.3531

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


Message-ID: <31914209.1075859666529.JavaMail.evans@thyme>
Date: Wed, 29 Nov 2000 03:28:00 -0800 (PST)
From: richard.sanders@enron.com
To: mark.haedicke@enron.com
Subject: Lawsuit Filed In San Diego Vs Enron For Power Mkt Abuses
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Richard B Sanders
X-To: Mark E Haedicke
X-cc:
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X-FileName: mhaedic.nsf

----- Forwarded by Richard B Sanders/HOU/ECT on 11/29/2000 11:28 AM -----

	Ann M Schmidt@ENRON
	11/29/2000 10:59 AM

		 To: Richard B Sanders/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT, Cedric
Burgher/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Karen
Denne/Corp/Enron@ENRON, Vance Meyer/NA/Enron@ENRON, Steven J
Kean/NA/Enron@Enron
		 cc:
		 Subject: Lawsuit Filed In San Diego Vs Enron For Power Mkt Abuses

Lawsuit Filed In San Diego Vs Enron For Power Mkt Abuses

11/29/2000
Dow Jones Energy Service
(Copyright (c) 2000, Dow Jones & Company, Inc.)

LOS ANGELES -(Dow Jones)- A second lawsuit is being filed in San Diego
Superior Court Wednesday against Enron alleging the company, and others,
overcharged California consumers more than $4 billion for electricity
service.
On Monday, a similar suit was filed against Dynegy Inc. (DYN), Reliant Energy
Inc. (REI), Duke Energy North America (DUK), Southern Energy Company (SO),
AES Corp., Williams Energy and NRG Energy. Both lawsuits are seeking class
action status and may be consolidated into one complaint.
The complaints allege unfair trade practices and illegal trust activity. A
news conference announcing the details of the lawsuit will be held Wednesday
morning in San Diego.
Enron does not own or operate major generating units in the state, but is
active in trading electricity here and securing long-term fixed rate
contracts for large industrial customers. At times, Enron sells power back
into the California Power Exchange, the market where power is bought and sold
in the state.
An Enron representative said he has not yet seen the lawsuit and was unable
to comment.
The lawsuits claim Enron and the other energy companies withheld power supply
last summer, created shortages by selling power out of state and used
real-time confidential data about power plant activity to drive up prices.
The lawsuits are an attempt to force generators to refund about $4 billion
for electricity, the amount consumers were allegedly overcharged. -By Jason
Leopold; Dow Jones Newswires; 323-658-3874;
jason.leopold@dowjones.com

Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.


Message-ID: <28599390.1075842500780.JavaMail.evans@thyme>
Date: Fri, 23 Jun 2000 07:27:00 -0700 (PDT)
From: drew.fossum@enron.com
To: britt.davis@enron.com
Subject: FW: Latest Press Release
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Drew Fossum
X-To: Britt Davis
X-cc:
X-bcc:
X-Folder: \Drew_Fossum_Dec2000_June2001_1\Notes Folders\Sent
X-Origin: FOSSUM-D
X-FileName: dfossum.nsf

Nice to know how highly regarded we are in the industry.  DF
---------------------- Forwarded by Drew Fossum/ET&S/Enron on 06/23/2000
02:22 PM ---------------------------

Subject:  Latest Press Release

FOR IMMEDIATE RELEASE

Today Enron and Hades announced a definitive energy services agreement
said to be worth an estimated $666 Trillion.  In the deal, Enron will
provide both gas and electric commodities to Hades' facilities throughout
and under North America.  John D. Rockefeller, former CEO of energy
monopolist
Standard Oil, is now head of Hades' energy management division.  Said
Rockefeller, "Obviously Hell has significant heating demands.  While eternal
flames are a great idea in concept, they require vast and reliable fuel
resources.  Enron was the only supplier willing to make a deal with my
boss, and, as a former monopolist, I just
like the way they do business."  A spokesperson for Enron said the two
cultures were able to work easily together during negotiations.  According
to the company, "The deal fits both companies exceptionally well.  With
Hades' ability to attract and retain new customers, we see this as a
fabulous
growth opportunity for millennia to come."  According to several energy
industry insiders, Hades' high heating demand with very little need for
summer air conditioning make it a very attractive energy portfolio addition.
Hades is a multinational corporation with millions of sites worldwide
and approximately 173 quintillion customers.  The entity boasts sustained
high growth rates over the last two thousand years.  Enron is one of the
world's leading energy and communications companies.  The company owns
approximately $37 billion in energy and communications assets.  Enron
ranks in the top quarter of Fortune's "Best 100 Companies to Work For
if You Can Keep A Job There and Don't Mind Working 80 Hours A Week," and
is among the most respected corporations in America, as ranked by customers
with respect-us-or-get-curtailed clauses in their energy supply contracts.

______________________________________
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Message-ID: <16229087.1075849608808.JavaMail.evans@thyme>
Date: Mon, 9 Jul 2001 11:10:00 -0700 (PDT)
From: jeff.dasovich@enron.com
To: alan.comnes@enron.com, angela.schwarz@enron.com, beverly.aden@enron.com,
	bill.votaw@enron.com, brenda.barreda@enron.com,
	carol.moffett@enron.com, cathy.corbin@enron.com,
	chris.foster@enron.com, christina.liscano@enron.com,
	craig.sutter@enron.com, dan.leff@enron.com,
	debora.whitehead@enron.com, dennis.benevides@enron.com,
	don.black@enron.com, dorothy.youngblood@enron.com,
	douglas.huth@enron.com, edward.sacks@enron.com,
	eric.melvin@enron.com, erika.dupre@enron.com, evan.hughes@enron.com,
	fran.deltoro@enron.com, gayle.muench@enron.com,
	ginger.dernehl@enron.com, gordon.savage@enron.com,
	harold.buchanan@enron.com, harry.kingerski@enron.com,
	iris.waser@enron.com, james.steffes@enron.com, james.lewis@enron.com,
	james.wright@enron.com, jeff.messina@enron.com,
	jeremy.blachman@enron.com, jess.hewitt@enron.com,
	joe.hartsoe@enron.com, karen.denne@enron.com, kathy.bass@enron.com,
	kathy.dodgen@enron.com, ken.gustafson@enron.com,
	kevin.hughes@enron.com, leasa.lopez@enron.com,
	leticia.botello@enron.com, mark.muller@enron.com,
	marsha.suggs@enron.com, marty.sunde@enron.com,
	meredith.eggleston@enron.com, michael.etringer@enron.com,
	michael.mann@enron.com, michelle.cisneros@enron.com,
	mpalmer@enron.com, neil.bresnan@enron.com, neil.hong@enron.com,
	paul.kaufman@enron.com, paula.warren@enron.com,
	richard.zdunkewicz@enron.com, richard.leibert@enron.com,
	richard.shapiro@enron.com, rita.hennessy@enron.com,
	roger.yang@enron.com, rosalinda.tijerina@enron.com,
	sandra.mccubbin@enron.com, sarah.novosel@enron.com,
	scott.gahn@enron.com, scott.stoness@enron.com, sharon.dick@enron.com,
	skean@enron.com, tanya.leslie@enron.com, tasha.lair@enron.com,
	ted.murphy@enron.com, terri.greenlee@enron.com, tim.belden@enron.com,
	tony.spruiell@enron.com, vicki.sharp@enron.com,
	vladimir.gorny@enron.com, wanda.curry@enron.com,
	william.bradford@enron.com, kathryn.corbally@enron.com,
	jubran.whalan@enron.com, triley@enron.com, richard.sanders@enron.com,
	robert.williams@enron.com, greg.wolfe@enron.com,
	james.wright@enron.com, dirk.vanulden@enron.com,
	steve.walker@enron.com, jennifer.rudolph@enron.com,
	martin.wenzel@enron.com, douglas.condon@enron.com, wgang@enron.com,
	sgovenar@govadv.com, hgovenar@govadv.com, jklauber@llgm.com,
	mike.smith@enron.com, john.neslage@enron.com,
	janel.guerrero@enron.com, eric.letke@enron.com,
	richard.sanders@enron.com, gfergus@brobeck.com,
	michael.tribolet@enron.com, robert.frank@enron.com,
	richard.sanders@enron.com, gfergus@brobeck.com, susan.mara@enron.com,
	chris.holmes@enron.com, david.leboe@enron.com, sgovenar@govadv.com,
	hgovenar@govadv.com
Subject: More on FERC generator hearings
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
Content-Transfer-Encoding: 7bit
X-From: Jeff Dasovich
X-To: Alan Comnes, Angela Schwarz, Beverly Aden, Bill Votaw, Brenda Barreda, Carol Moffett, Cathy Corbin, Chris H Foster, Christina Liscano, Craig H Sutter, Dan Leff, Debora Whitehead, Dennis Benevides, Don Black, Dorothy Youngblood, Douglas Huth, Edward Sacks, Eric Melvin, Erika Dupre, Evan Hughes, Fran Deltoro, Gayle W Muench, Ginger Dernehl, Gordon Savage, Harold G Buchanan, Harry Kingerski, Iris Waser, James D Steffes, James W Lewis, James Wright, Jeff Messina, Jeremy Blachman, Jess Hewitt, Joe Hartsoe, Karen Denne, Kathy Bass, Kathy Dodgen, Ken Gustafson, Kevin Hughes, Leasa Lopez, Leticia Botello, Mark S Muller, Marsha Suggs, Marty Sunde, Meredith M Eggleston, Michael Etringer, Michael Mann, Michelle D Cisneros, mpalmer@enron.com, Neil Bresnan, Neil Hong, Paul Kaufman, Paula Warren, Richard L Zdunkewicz, Richard Leibert, Richard Shapiro, Rita Hennessy, Roger Yang, Rosalinda Tijerina, Sandra McCubbin, Sarah Novosel, Scott Gahn, Scott Stoness, Sharon Dick, skean@enron.com, Tanya Leslie, Tasha Lair, Ted Murphy, Terri Greenlee, Tim B


Message-ID: <21495569.1075840154864.JavaMail.evans@thyme>
Date: Wed, 9 May 2001 20:03:00 -0700 (PDT)
From: stewart.seeligson@enron.com
To: sherri.sera@enron.com, jeff.skilling@enron.com
Subject: Talking Points - AT&T
Cc: david.cox@enron.com, ken.rice@enron.com
Mime-Version: 1.0
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Content-Transfer-Encoding: 7bit
Bcc: david.cox@enron.com, ken.rice@enron.com
X-From: Stewart Seeligson
X-To: Sherri Sera <Sherri Sera/Corp/Enron@Enron>, Jeff Skilling <Jeff Skilling/Corp/Enron@Enron>
X-cc: David Cox <David Cox/Enron Communications@Enron Communications>, Ken Rice <Ken Rice/Enron Communications@Enron Communications>
X-bcc:
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X-FileName: jskillin.pst

Attendees:

AT&T:  David Dorman,  President of AT&T (bio points below)

Enron:  Jeff Skilling, Stewart Seeligson, David Cox

Adventis: Partha Ghosh, Andy Belt and Mark Bruneau (via telephone)

Background:

As you well know, over the last 9 months EBS has made substantial efforts to establish a significant commercial relationship with AT&T.  Thus far, there have been no transactions between EBS and AT&T other than a couple dozen of circuit purchases by us mostly local loop.  Previously, our primary senior point of contact with AT&T has been Frank Ianna (President of Network Services).  It is probable that Ianna brought only the typical legacy perspective which prevented him from seeing how we could facilitate the AT&T business from a wholesale relationship.  They seemed to only want to sell us services.

Adventis advises us that Ianna now reports to David Dorman and that Dorman should be able to better understand the value that EBS can bring to further his business objectives.  It is my understanding that it will only be Dorman at the meeting (he is supposedly not bringing Ianna).  I view this meeting as a worthwhile shot to see if it is worth pursuing AT&T at all for the balance of the year for a big transaction.  Dorman's positive receptability to us is the only reason I can see to spend significant resources on AT&T in the near future.

EBS - AT&T History

Jun 2000 EES sponsored Executive Briefing with focus on EES and EBS - attendants include Frank Ianna from AT&T.

Oct 2000 - Extensive EBS team meets with extensive AT&T team to set up eight tactical and strategic working teams to find opportunities for the 		companies to build a bilateral commercial relationship.  After three weeks, results were presented to executive committee of both teams. Nothing materializes.

Potential Opportunities

AT&T currently spends a significant amount each year (expected to be in the $100s of millions) on offnet services (wholesale expenses) .  EBS would like AT&T to allocate a potion of the purchases towards EBS.

Adventis states there are currently numerous major undertakings by AT&T which are transforming the telecommunications operations at AT&T.  Is there not something EBS could do to help advance these undertakings?

At a minimum we would like AT&T to interconnect to our pooling points.

Final Note

I do not think we should lead with trading.  We should lead with our ability to provide services to the wholesale sector of the industry. The typical reaction we get from incumbent players is that if they don't trade or if they think that trading puts downward pressure on prices, then they should not do business with Enron.  They need to understand that they don't need to trade to have a valuable business relationship with  Enron

Bio Points on David Darmon

Received a bachelors degree in Industrial Management from Georgia Institute of Technology

Became the 55th employee at Sprint

Rose quickly to become the president of Sprint Business and grew it from $5 million to $4.5 billion in revenue with 10,000 employees.

Became CEO of Pacific Bell in 1994 at age 39

Joined AT&T in 1998 as the CEO of Concert

Appointed President of AT&T in 2000

Stewart L. Seeligson
Enron Broadband Services
713 345-8989


Message-ID: <24563913.1075853237744.JavaMail.evans@thyme>
Date: Thu, 19 Apr 2001 13:21:00 -0700 (PDT)
From: robert.williams@enron.com
To: mark.haedicke@enron.com, richard.sanders@enron.com
Subject: FW: University of California/California State University Litigation
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X-From: Robert C Williams
X-To: Mark E Haedicke, Richard B Sanders
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fyi

 -----Original Message-----
From:  Williams, Robert C.
Sent: Thursday, April 19, 2001 8:19 PM
To: Rogers, Rex
Cc: Sharp, Vicki; Derrick Jr., James
Subject: University of California/California State University Litigation

Attorney-Client Privileged Communication

Rex,

Vicki asked me to provide you with a description of this litigation.

The University of California and California State University are Direct
Access customers of EES.  Many of their campuses are in the PG&E and So Cal
Edison service territories.  Last fall, due to their deteriorating financial
condition these two utilities began defaulting on their obligation to remit
to EES the "negative CTCs" attributable to EES's customers.  "Negative CTCs"
reimburse EES for the cost of procuring power for its customers.  It is EES's
position that these amounts are owed to it under a 1998 settlement agreement
with the utilities, as well as under the utilities' tariffs.  EES has filed a
complaint with the California Public Utilities Commission against both
utilities to collect the amounts owed.  PG&E owes approximately $380
million.  So Cal Edison owes approximately $120 million.  The complaint
against PG&E is stayed due to the bankruptcy filing.  The MOU and Advice
Letter between So Cal Edison and the State appear to provide for the payment
of Negative CTCs to ESPs, but that agreement has not been approved yet.

In early 2001, there was a growing concern that because of their worsening
financial condition PG&E and So Cal Edison might not be able to pay the
future Negative CTCs.  EES therefore decided to cap or end its exposure to
the cost of procuring power on behalf of its customers.  It effectively did
so by "re-sourcing" its customers back to the utilities. This occurred on
February 1, 2001.  Thenceforth, (until the Department of Water Resources
stepped in), the utilities bought power for EES's customers.

The only customer to object to EES's action (to the point of filing suit) has
been UC/CSU.  Almost all of the other customers have been indifferent,
largely owing to the fact that EES has kept the customers financially whole
on their contracts with EES (i.e., the customer continues to pay 5% less than
the frozen rate for its power, just as it always did).  UC/CSU may have
viewed the situation differently because, once the DWR began purchasing the
power instead of the utilities, the State had the supply risk.  The UC/CSU
contact is one of the few contracts that permits a court challenge to a
party's actions; almost all of the other contracts provide for mandatory
arbitration.

The suit was filed in March in federal district court in San Francisco.
UC/CSU moved immediately for a preliminary injunction (i.e.an order to
preserve the status quo pending a full trial on the merits) to be restored to
Direct Access service.  The State Attorney General filed an amicus curiae
brief supporting the Universities' application.  On April 20, the court
granted UC/CSU's request for a preliminary njunction.  The court ruled that
there was a strong likelihood that UC/CSU would prevail on the merits, and
that they would suffer immediate and irreparable harm if the injunction were
not granted.  The "immediate and irreparable harms" cited were loss of
specialized metering services, uncertainty about being eligible for Direct
Access in the future, loss of scheduling coordination services, and general
uncertai

Robert C Williams
Mark E Haedicke, Richard B Sanders


Message-ID: <1425698.1075849616763.JavaMail.evans@thyme>
Date: Tue, 24 Jul 2001 07:10:00 -0700 (PDT)
From: jeff.dasovich@enron.com
To: linda.robertson@enron.com, pat.shortridge@enron.com, tom.briggs@enron.com,
	skean@enron.com, richard.sanders@enron.com, gfergus@brobeck.com,
	james.steffes@enron.com, mpalmer@enron.com, karen.denne@enron.com,
	susan.mara@enron.com, paul.kaufman@enron.com,
	richard.shapiro@enron.com, janel.guerrero@enron.com
Subject: Dan Walters Defends Enron's Actions in Sacramento Bee
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X-From: Jeff Dasovich
X-To: Linda Robertson, Pat Shortridge, Tom Briggs, skean@enron.com, Richard B Sanders, gfergus@brobeck.com, James D Steffes, mpalmer@enron.com, Karen Denne, Susan J Mara, Paul Kaufman, Richard Shapiro, Janel Guerrero
X-cc:
X-bcc:
X-Folder: \Jeff_Dasovich_Oct2001\Notes Folders\Sent
X-Origin: DASOVICH-J
X-FileName: jdasovic.nsf

FYI.  Note toward end of story, mention of email from lawyer in class action
suit to Davis advisor asking for help in "getting information out."

Best,
Jeff
----- Forwarded by Jeff Dasovich/NA/Enron on 07/24/2001 02:05 PM -----

	"Ken Smith" <ken@kdscommunications.com>
	07/24/2001 01:51 PM
	Please respond to "Ken Smith"

		 To: "Scott Govenar" <sgovenar@govadv.com>, "Susan J Mara" <smara@enron.com>,
<Paul.Kaufman@enron.com>, "Karen Denne" <kdenne@enron.com>,
<Jeff.Dasovich@enron.com>
		 cc:
		 Subject: Dan Walters

Dan Walters: Blame game over California's energy crisis will continue for
years

(Published July 24, 2001)
The wrestling match between politicians and Enron Corp. moved into a more
intense arena over the weekend when a state Senate investigating committee
sought contempt penalties because the huge energy company has refused to turn
over internal documents.
Although Houston-based Enron owns no major power plants in California, it has
adopted the toughest stance of all energy companies against the multiple
investigations of why wholesale energy prices spiked so high. And it has
become, in turn, a whipping boy for California politicians.
At one point last spring, state Attorney General Bill Lockyer said he wanted
criminal charges against Enron and its chairman, Kenneth Lay. "I would love
to personally escort Lay to an 8-by-10 cell that he could share with a
tattooed dude who says, 'Hi, my name is Spike, honey,' " Lockyer said. With
less colorful language, Gov. Gray Davis has often castigated Texas-based
companies as price gougers -- even though Texas firms have been fairly minor
suppliers to California.
Some of it is just buzzword politics. Lockyer and Davis know that
Californians dislike anything associated with Texas, and Lay has been one of
President Bush's major political supporters. Enron, meanwhile, cites the
rhetoric as evidence that Lockyer, Davis and legislative investigators are
interested less in finding the truth than in seeking scapegoats. Enron also
filed a lawsuit challenging the legality of the Senate's subpoenas of trading
data.
Most other energy companies have complied with the demands, creating
Sacramento repositories of the data under elaborate confidentiality
agreements worked out with the special Senate committee headed by Sen. Joseph
Dunn, D-Santa Ana. But Enron has refused, and on Saturday, Dunn submitted a
report asking the Senate for "an appropriate coercive sanction."
Does Enron have something to hide? Or does it sincerely believe that what's
happening in California is political scapegoating? Are the companies' fears
about the confidentiality of the data sought by the Senate justified? Would
data be selectively leaked to show the firms in the worst light? Would data
be used by competitors? Or could the information find its way into the hands
of class-action attorneys?
Dunn, a prominent trial attorney himself, insists that confidentiality will
be protected and that the information being sought is only for legis


Message-ID: <28801046.1075840496115.JavaMail.evans@thyme>
Date: Wed, 1 May 2002 07:52:55 -0700 (PDT)
From: phil.polsky@enron.com
To: chris.germany@enron.com
Subject: MCV Replacement Pricing
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Content-Transfer-Encoding: 7bit
X-From: Polsky, Phil </O=ENRON/OU=NA/CN=RECIPIENTS/CN=PPOLSKY>
X-To: Germany, Chris </O=ENRON/OU=NA/CN=RECIPIENTS/CN=Cgerman>
X-cc:
X-bcc:
X-Folder: \ExMerge - Germany, Chris\Bankrupt\Midland Cogen
X-Origin: GERMANY-C
X-FileName: chris germany 6-25-02.pst

Attached is a spreadsheet containing what MCV is claiming is due to them for non-deliveries for April.  Do you think the replacement price makes sense?

 -----Original Message-----
From: 	Renee Schroll <RJSchroll@midcogen.com>@ENRON
Sent:	Wednesday, May 01, 2002 9:51 AM
To:	Polsky, Phil
Subject:	RE: Payment discrepancies

Phil:
Here is a quick spreadsheet showing the detail to the invoice.  Hope this
helps.
Ren?e

-----Original Message-----
From: Philip.Polsky@enron.com [mailto:Philip.Polsky@enron.com]
Sent: Wednesday, May 01, 2002 10:40 AM
To: RJSchroll@midcogen.com
Subject: RE: Payment discrepancies

Thanks Renee.  Is there anyway you could scan and send me the the invoice
you sent us for $384,975 (your Control Number 103027)?  I have a faxed
copy, but the numbers are difficult to read on it.  Otherwise, maybe you
could just send me a spreadsheet with the numbers on there?

Thanks,
Phil Polsky
Wholesale Natural Gas Group
Enron North America
PH: (713)853-5181
F: (713)646-3037
E-Mail: philip.polsky@enron.com

    -----Original Message-----
   From:   Renee Schroll <RJSchroll@midcogen.com>@ENRON
   Sent:   Wednesday, May 01, 2002 9:11 AM
   To:     Polsky, Phil
   Subject:  Payment discrepancies

   Phil:

   After quickly looking at invoices since Jan 2000, it appears the
   majority of
   the problems started to occur in early 2001. There are only small
   rounding
   differences occurring in 2000. It also looks like there were several
   months
   where MCV overpaid the Enron invoice to comply with the contract price.

   Let me know if you need further information from me.

   Ren?e Schroll
   Mgr, Gas Financial Reporting
   Midland Cogeneration Venture

   PH   (989) 633-7854
   FAX (989) 633-7857

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

 - Enron Deficiency for April.xls


Message-ID: <8089548.1075861394566.JavaMail.evans@thyme>
Date: Thu, 15 Nov 2001 13:28:38 -0800 (PST)
From: universalcardservices@universalcard.m0.net
To: harry.arora@enron.com
Subject: $5 Offer for Cardmembers
Mime-Version: 1.0
Content-Type: text/plain; charset=us-ascii
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X-From: Universal Card Services <UniversalCardServices@Universalcard.m0.net>
X-To: Arora, Harry </O=ENRON/OU=NA/CN=RECIPIENTS/CN=HARORA>
X-cc:
X-bcc:
X-Folder: \HARORA (Non-Privileged)\Arora, Harry\Deleted Items
X-Origin: Arora-H
X-FileName: HARORA (Non-Privileged).pst

THINK OUT OF THE BOX (THE MAILBOX, THAT IS)
And get a $5 credit on your AT&T Universal Card statement.

Do away with paper statements. Do it all online.

*  Save paperwork
*  Save trees
*  Save time for the important things in life

----------------------------------------------------------------------
Say goodbye to paper statements--copy and paste the URL below:
http://Universalcard1.m0.net/m/s.asp?HB4800129648X1083748X82304X
Then simply go to "Manage My Account" and click on "Stop
Paper Statements"
----------------------------------------------------------------------

YOU PAY YOUR BILL ELECTRONICALLY.
WHY NOT GET YOUR STATEMENTS THAT WAY, TOO?

You pay your bills online. Why not get your statements that same
convenient way? In addition to paying electronically, you'll be
able to view your statements whenever you like. Online statements
are another free feature of Account Online. One that frees you of
paper and paperwork, not to mention paper cuts.

GET A $5 CREDIT ON YOUR AT&T UNIVERSAL CARD STATEMENT.

When you sign up before November 30, 2001, you'll receive a
special bonus: a $5 credit on your AT&T Universal Card statement.*
Simply manage your account electronically for four statement
periods, and we'll automatically credit your account.

YOU'RE A FEW CLICKS AWAY FROM LESS PAPERWORK IN YOUR LIFE.

Instead of filing, sorting and trying to remember where you
put things, get your AT&T Universal Card statements online. An email
each month lets you know that your statement is ready.
Simply log on to Cardmember Central to get your bill or make
your payment. Still want a paper statement? Just print it out.
A click's a lot faster than waiting for snail mail. So you'll
save some time for more important things. Like life.

Not only will you do away with paper statements, you'll be
on your way to getting a $5 statement credit.

----------------------------------------------------------------------
Say goodbye to paper statements, copy and paste the URL below:
http://Universalcard1.m0.net/m/s.asp?HB4800129648X1083751X82304X
Then click on the link under "All Electronic."
----------------------------------------------------------------------
*If you have already registered for the All-Electronic option,
you are not eligible for the $5 statement credit. You must
register by November 30, 2001 in order to qualify. In addition,
you must be enrolled in All-Electronic for four consecutive
months to be eligible. No statement credits will be awarded
to accounts enrolled in All-Electronic for less than four consecutive
months. Statement credit will be posted on your March 2002 statement.
Your account must remain open and in good standing per your AT&T
Universal Card member Agreement at the time of fulfillment to qualify.

----------------------------------------------------------------------
ABOUT THIS MESSAGE
If you have difficulty linking to any of the above URLs, simply cut
and paste this URL into your browser:
http://Universalcard1.m0.net/m/s.asp?HB4800129648X1083752X82304X

This is a message from Universal Card Services Corp. If you'd like to
choose the kinds of email messages you receive regarding special
offers and promotions, or if you'd prefer not to receive these kinds
of messages, please go to:
http://universalcard1.m0.net/m/u/cuc/c.asp?e=HARRY.ARORA%40enron.com

HAVE QUESTIONS ABOUT YOUR CREDIT CARD?
Please understand that we


Message-ID: <10569855.1075852282891.JavaMail.evans@thyme>
Date: Wed, 22 Aug 2001 07:27:01 -0700 (PDT)
From: elizabeth.sager@enron.com
To: jklauber@llgm.com
Subject: RE: No winner yet
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X-From: Sager, Elizabeth </O=ENRON/OU=NA/CN=RECIPIENTS/CN=ESAGER>
X-To: '"JOHN KLAUBERG" <JKLAUBER@LLGM.COM>@ENRON' <IMCEANOTES-+22JOHN+20KLAUBERG+22+20+3CJKLAUBER+40LLGM+2ECOM+3E+40ENRON@ENRON.com>
X-cc:
X-bcc:
X-Folder: \ESAGER (Non-Privileged)\Sent Items
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X-FileName: ESAGER (Non-Privileged).pst

Hi Big news. We will make a settlement offer. $102. Message to be conveyed today, Wed. I'll keep you posted.

Elizabeth Sager
713-853-6349

 -----Original Message-----
From: 	"JOHN KLAUBERG" <JKLAUBER@LLGM.COM>@ENRON [mailto:IMCEANOTES-+22JOHN+20KLAUBERG+22+20+3CJKLAUBER+40LLGM+2ECOM+3E+40ENRON@ENRON.com]
Sent:	Monday, August 06, 2001 5:41 PM
To:	Sager, Elizabeth
Subject:	Re: No winner yet

I'm still feeling confident in my chances.  Are you??

John Klauberg
LeBoeuf, Lamb, Greene & MacRae, L.L.P.
212 424-8125
john.klauberg@llgm.com

>>> <Elizabeth.Sager@enron.com> 08/06/01 06:27PM >>>

Nothing to date has been communicated to PGE re settlement.  I'll keep you
posted (that's a joke).

Elizabeth Sager
713-853-6349

    -----Original Message-----
   From:   "JOHN KLAUBERG" <jklauber@LLGM.COM>@ENRON
             [mailto:IMCEANOTES-+22JOHN+20KLAUBERG+22+20+3Cjklauber+40LLGM+2ECOM+3E+40ENRON@ENRON.com]

   Sent:   Sunday, August 05, 2001 7:49 PM
   To:     Sager, Elizabeth
   Cc:     CATHERINE MCCARTHY; LIZA MOSES
   Subject:  RTO Implications

   Elizabeth:  I was traveling on Friday, but I exchanged v-mails with some
   of my compatriots about setting up a call tomorrow with you to discuss
   the foregoing in the context of your long term power purchase and sale
   commitments.  Do you still want to try to do something on this front on
   Monday afternoon?  If so, how does 3:00 p.m. (Eastern)/2:00 p.m.
   (Central) sound?  In that respect, were you able to touch base with John
   LLodra?  I think it would be good to have him participate since he has a
   very good understanding of the NE-ISO/NEPOOL and the proposed CMS.  The
   other possibility may be someone like Dan Allegretti, who is with EES
   and is now the Chairman of NEPOOL.  Let me know ho you may wish to
   proceed.  Thanks.  John

   ==============================================================================
   This e-mail, including attachments, contains information that is
   confidential and may be protected by the attorney/client or other
   privileges.  This e-mail, including attachments, constitutes non-public
   information intended to be conveyed only to the designated recipient(s).
   If you are not an intended recipient, please delete this e-mail,
   including attachments, and notify me.  The unauthorized use,
   dissemination, distribution or reproduction of this e-mail, including
   attachments, is prohibited and may be unlawful.

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

**********************************************************************
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 ot