enron hosts annual analyst conference provides business overview goals 2000 houston enron corp hosted annual equity analyst conference today houston ken lay enron chairman chief executive officer opened conference highlighting enron tremendous growth across businesses outstanding 700 percent return shareholders past decade enron presented key objectives 2000 continued strong growth core wholesale energy businesses break performance retail energy services rapid development enron broadband services enron ability extend core skills competencies new markets recurring theme throughout day wholesale energy business growth prospects remain strong wholesale energy operations services enron largest business wholesale energy growth north america expected driven continuing deregulation power markets united states large scale energy outsourcing utilities large energy consumers enron expects continue broaden early lead across european continent markets quickly open competition finally enron rapidly expanding wholesale presence markets japan large customers permitted choose electricity provider march 2000 enrononline provide additional wholesale growth incremental sales generated innovative internet based transaction system 450 customers around world used enrononline 10 000 transactions completed since introduction late november 1999 yesterday enrononline transaction levels reached new record 700 transactions representing notional value 250 million transaction processing costs enrononline significantly lower costs associated traditional transaction methods enron gas pipeline group also well positioned continue growing expansions planned underway several systems retail energy services 16 500 facilities management infrastructure place service customers worldwide strong contracting momentum continues enron energy services poised rapidly increase earnings 2000 enron energy services goal 2000 sign new contracts representing 16 billion future expenditures customers energy energy services nearly double level 1999 enron broadband services new name enron communications business enron broadband services reflects role fast growing market premium broadband services enron deploying open flexible global broadband network controlled software intelligence precludes need invest traditional point point fiber network enron intelligent network widely interconnected wholesale bandwidth carriers internet service providers thus providing platform two new enron business centers bandwidth intermediation broadband content delivery direct transfer enron core market making risk management skills energy businesses bandwidth intermediation provide capacity holders vast array alternatives flexible low cost capacity enron also provide premium broadband content services high quality video streaming large broadband file transfer differentiated levels quality usage based business model announced separate release enron also reached agreement sun microsystems provides accelerated development broadband internet services enron one world leading electricity natural gas communications companies company owns approximately 34 billion energy communications assets produces electricity natural gas develops constructs operates energy facilities worldwide delivers physical commodities financial risk management services customers around world developing intelligent network platform facilitate online business enron internet address www enron com stock traded ticker symbol ene 8 press release includes forward looking statements within meaning section 27 securities act 1933 section 21 e securities exchange act 1934 although enron believes expectations based reasonable assumptions give assurance goals achieved important factors could cause actual results differ materially forward looking statements herein include political developments foreign countries ability penetrate new wholesale retail natural gas electricity broadband services markets including energy outsource market united states europe timing extent changes prices crude oil natural gas electricity relating broadband services content timing effect changes interest rates timing success enron efforts develop domestic international power pipeline communications internet related infrastructure projects conditions capital markets equity markets periods covered forward looking statements