enron net works becoming increasingly clear development ecommerce significant continuing impact conduct business broad array industries enrononline enron quickly become major catalyst transition web gas electric industries enrononline enormous success since launch since launch completed 67 043 transactions line total dollar value 25 billion enrononline largest ecommerce site world believe competitive success enrononline due one specific reason addition providing web based platform transactions enron acts principal provide direct liquidity site stand ready times market conditions buy sell posted price converts bulletin board 8 typical ecommerce concept true market competitors provide capability increasingly convinced competitive advantage dramatically expanded products geographies correct could provide enormous new opportunity growth enron accordingly initiating major new effort capture opportunity effective today creating new business enron net works pursue new market development opportunities ecommerce across broad range industries likely business ultimately fifth business segment joining transmission mike mcconnell chief operating officer jeff mcmahon chief commercial officer individuals comprise office chairman enron net works remain executive committee enron corp replacing greg whalley president chief operating officer enron north america dave delainey also join enron executive committee global technology remain intact part enron net works maintain businesses services enron global function philippe bibi remain chief technology officer enron corp continues responsible development worldwide technology standards platforms enrononline headed louise kitchen also remain intact part enron net works success enrononline enables us utilize site model explore markets addition following individuals included enron net works along current ecommerce initiatives harry arora public financial securities jay fitzgerald new markets identification bruce garner metals greg piper pulp paper next several weeks complete staffing organizational design provide full details exciting new business opportunity