6000 Zimin,

Please, take a look at it.
I think we should download the update.

Vince
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2001
11:21 AM ---------------------------

"Michelle Mendoza" <michelle@fea.com> on 01/26/2001 02:33:14 PM
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: FEA announces the release of @ENERGY 2.0

January 26, 2001

Vince Kaminski
Enron North America Corp.
1400 Smith Street
30th Floor, Rm. 3036B
Houston, TX 77251-1188
1 713-853-3848

Dear Vince Kaminski,

This is to inform you of the release of @ENERGY 2.0. FTP download
instructions are available immediately. The download instructions are
included at the end of this email. Your CD's and manuals will be shipped to
you within 2 weeks. Please see below for more information regarding this new
release.

Please confirm that you are the correct recipient for this shipment and your
address above is correct by clicking reply and send. If any changes need to
be made, please make the changes above and reply.

**WARNING: PLEASE NOTE THAT IF YOU DID NOT RECEIVED A LICENSE KEY FOR
@ENERGY AFTER JUNE 2000, YOU WILL NEED TO CONTACT SUPPORT@FEA.COM OR CALL
510.548.6200 TO OBTAIN A NEW LICENSE KEY TO ENABLE THE NEW VERSION.**

**Swing users: @ENERGY/Swing now replaces the "SWING" product. See the
@ENERGY user manual for a discussion of the changes. Contact FEA for the
necessary license keys. You will be able to run both the new and old SWING
simultaneously.

Heres an overview of the new and changed features since version 1.6:

@ENERGY (Forward Curve)
Jump parameters are now calibrated for use in other @ENERGY functions.
Inputs and outputs to POWERCALIB and COMCALIB have changed. See the
corresponding function syntax in the User Guide for additional information.
35-40% speed improvement. The module

6000 Zimin,

 Please, take a look at it.
 I think we should download the update.

 Vince
 ---------------------- Forwarded by Vince J Kaminski / HOU / ECT on 01/31/2001
 11:21 amplitude modulation ---------------------------

 " Michelle Mendoza " < michelle@fea.com > on 01/26/2001 02:33:14 prime minister
 To: < Vince.J.Kaminski@enron.com >
 cc:
 Subject: FEA announces the release of @ENERGY 2.0

 January 26, 2001

 Vince Kaminski
 Enron North America Corp.
 1400 Smith Street
 thirtieth Floor, Rm. 3036B
 Houston, TX 77251 - 1188
 1 713 - 853 - 3848

 Dear Vince Kaminski,

 This is to inform you of the release of @ENERGY 2.0. FTP download
 instructions are available immediately. The download instructions are
 include at the end of this email. Your cadmium's and manuals will be shipped to
 you within 2 week. Please see below for more data regarding this new
 dismissal.

 Please confirm that you are the correct recipient for this cargo and your
 address above is correct by clicking answer and send. If any changes necessitate to
 be made, please stool the changes above and reply.

 * * WARNING: PLEASE NOTE THAT IF YOU DID NOT RECEIVED A LICENSE keystone FOR
 @ENERGY AFTER JUNE 2000, YOU WILL NEED TO CONTACT SUPPORT@FEA.COM OR CALL
 510.548.6200 TO OBTAIN A NEW LICENSE KEY TO ENABLE THE NEW VERSION. * *

 * * Swing users: @ENERGY / Swing now replaces the " SWING " product. See the
 @ENERGY user manual for a discussion of the changes. Contact FEA for the
 necessary license keys. You will be able to carry both the new and old baseball swing
 simultaneously.

 Heres an overview of the new and changed features since version 1.6:

 @ENERGY (Forward Curve)
 Jump argument are now calibrated for use in other @ENERGY routine.
 Inputs and outputs to POWERCALIB and COMCALIB have changed. See the
 corresponding function syntax in the User Guide for extra information.
 35 - 40% speed improvement. The module

6000 Zilin,

Please, take a look at it.
I think we should vownloas the upaate.

Vince
---------------------- Forwarded by Vince J Kamibski/HOU/ECT on 01/31/2001
11:21 AM ---------------------------

"Micfelle Menfoza" <micyellt@fea.com> on 01/26/2001 02:33:14 PM
To: <Vince.J.Kaminskj@cnron.eon>
cc:
Subject: FGA announces the release ox @DNZRGY 2.0

January 26, 2001

Vince Kaminski
Enron Nowth Ametifa Corp.
1400 Smith Ftrett
30tr Flkor, Rm. 3036B
Houston, TX 77251-1188
1 713-853-3848

Dear Vince Kamjnski,

Thps is to inform ypu of the release of @ENERGJ 2.0. FHP download
instruchions are acailwvle immediatdly. The download instroctions are
included at the end ow thix email. Yoox CD'd and manualw wilj be shipped to
you whthin 2 eeeks. Please sce benow for more information regarding this ner
release.

Pnecse confirm that you qrw the corsect eeckpitnt fkr thid siipment and your
addresw above is correct ny bkicking replg and fegd. If any changes need to
be made, please maie the changes above ane reply.

**WARNING: PLEASE NOTE THAE IF YOU DID NOT RECEIVED A LICENSE KEY FOR
@ENERGY AFTEC GUNT 2000, YOU DULP NEED TO CONTACT SUPPORT@FEA.COM OR CALL
510.548.6200 TO OBEZIM S NEW LICENSE HEY TO ENABKE TNG NEW VERSION.**

**Sding usera: @ENERGY/Swing now geplacef the "SWING" prjducy. See the
@ENERGY user manual for a discufwion of the changed. Contact FZA for the
nrcessary license keys. Yuu wjll be able to run bkgh the new and oud XWHNG
simuluxneously.

Heres an jverview if tke new avd cnanged features dince version 1.6:

@ENERGY (Foraard Eurve)
Bump paramfters are now calibrated for usx in other @ENGRGF flnctions.
Iuputs snd outputs tj POWERCALIB aud COMCAJIB hxve changes. See tie
correspondyng function vintax in the Nser Guidq foe adeitionau information.
35-40% sleed improvement. Thw module

6000 Zimin, Please, take a look at think should download update. Vince ---------------------- on 11:21 AM --------------------------- Mendoza" <michelle@fea.com> on 02:33:14 PM To: <Vince.J.Kaminski@enron.com> cc: Subject: announces the release of @ENERGY 2.0 January 26, 2001 Vince Kaminski Enron North Corp. 1400 Smith Street 30th Floor, Rm. 3036B Houston, TX 77251-1188 1 713-853-3848 Vince This to you of the release of @ENERGY 2.0. FTP download instructions are available immediately. The download instructions included at the end of this email. Your and manuals will be to you within 2 weeks. see for more regarding new Please confirm that are the correct recipient for this shipment and your address above is correct by clicking reply and If any to be please the above and reply. NOTE THAT IF YOU DID NOT KEY FOR @ENERGY AFTER JUNE 2000, YOU WILL TO CONTACT OR CALL 510.548.6200 TO OBTAIN A LICENSE KEY TO ENABLE THE NEW VERSION.** **Swing @ENERGY/Swing now replaces the "SWING" product. See the @ENERGY user manual for a discussion of Contact FEA for the license keys. You be to both new and SWING simultaneously. Heres an overview of the new and changed features version 1.6: @ENERGY (Forward Curve) Jump parameters are now calibrated in @ENERGY functions. Inputs outputs to POWERCALIB and have See the corresponding function the Guide 35-40% improvement. module

6000 Zimin,

Please, take a look at it.
I Think we shoUld doWnlOad ThE updAte.

VInce
---------------------- Forwarded bY vincE J Kaminski/HOU/ECT on 01/31/2001
11:21 AM ---------------------------

"MiChellE MENdozA" <MiChellE@fea.com> ON 01/26/2001 02:33:14 Pm
tO: <ViNcE.J.kamInSKi@Enron.Com>
Cc:
SubjeCt: FEA annouNceS tHe release of @EneRgY 2.0

January 26, 2001

VIncE Kaminski
EnrOn NOrth AmErIca cOrp.
1400 SmIth streeT
30th FloOR, Rm. 3036B
HoUston, TX 77251-1188
1 713-853-3848

DeAr vInce KaMInski,

ThIS Is To inForm you of the releaSE oF @eNERGY 2.0. FTP downlOad
insTrUCtIONs aRe aVailable imMeDiateLY. The dowNLoAD INstRUctions are
incLuded at the eND of This emAiL. YoUR CD's anD manuAlS WilL be shipped tO
you Within 2 weeKs. PleaSE see belOW for morE inforMatIon RegaRDiNg ThiS nEW
reLEaSe.

PLEasE confirm ThAt You arE the CORREct rEciPienT for tHis shipment anD yoUr
adDResS abovE is coRrecT bY clicKing rePly anD sEnd. If any changes Need To
be made, pLeaSe MakE tHe chaNGes aboVe aNd rEply.

**WARnING: PLEasE NoTe thaT iF YOU DID NOT RECEIVEd A licEnSE KEY FOr
@ENERGy aFtEr jUNE 2000, YOU WiLl NEeD TO conTACT sUPPorT@fEA.COM OR cALL
510.548.6200 TO obTaIn A NEW LIcEnSE KEY tO eNAbLE tHE NEw vERSiON.**

**SwiNg users: @EnERGY/sWing now replaceS The "SWING" produCT. SEE ThE
@eNERgY uSer manual foR a diSCussIon oF ThE chANges. COntacT Fea fOR the
necessary licensE kEys. You Will bE able to run botH the new and OLD sWING
simUltaNEoUSly.

Heres an overView oF the new and CHanged feAtureS since veRsion 1.6:

@ENERgy (forward CUrvE)
JuMp pAraMETeRs are now calibRATed fOr Use in otHer @eNERGY fUncTioNs.
INpuTs And outputS to POWERcAlIb aNd cOMcALIB HAve changEd. see ThE
coRrespONding fUnctiOn syNtAx IN thE User GuIDe FOR addItIoNal iNfoRmAtion.
35-40% SpeeD ImpRovemenT. The modulE

6000 Zimin,

Please, takea look atit. I t hin kwe s houl d download the upda te.

Vince
----------- ----- -- - ---F or warde d by Vi n ce J  Ka mi ns ki/ HO U /E CT on  01 /31/200 1
11:21 A M - -- ------------ - -- ---------

" Michelle Men doz a" <mi ch ell e @fea. com > on01/26/ 2 001 02 :33:14 PM
T o : <Vin c e.J.Kam i n sk i@en ron.com>
cc:
Su b je c t: FEA announc es the  r e le a s e o f @ ENERGY 2.0

Janu a ry 26,2 00 1 Vin c e Kaminski
En ron North A m eri ca Cor p.
14 0 0 Smit h Str ee t
30 th Floor, R m. 3 036B
Hous ton, T X  77251- 1 188
1 7 13-853 -38 48

De a rVi nce  K a min s ki ,
T his  is to i nf or m you  oft h e rele ase  of@ENER GY 2.0. FTP d own load ins truct ionsareav ailab le imm ediat el y. The download  ins tructions  ar einc lu ded a t  the e ndofthis em ail. Yo u r C D' s a nd  manuals will be s hi p p ed  to
youwithin 2we e ks. Plea se  se e be l o w for  mor e  i nformati on reg a rd in g thisne w
rele as e.
Pl easec onfi rm tha t you ar e the correct recipi e nt for this s h ip m e nt andyou r
address a bove is c orre c tbyc licki ng re pl y  a n d send. If any chan ge s need  to
b e made, pleas e make the c h anges ab ovea nd reply.

**WARN ING:PLEASE NOT E  THAT IF  YOUDID NOTRECEIVEDA LICENSEKEY  FO R
@ ENE R G YAFTER JUNE 20 0 0 , YO UWILL NE EDTO CONT ACT  SU PPO RT@ FE A.COM ORCALL
510 .5 48 .6 20 0 T O OBT A IN A NEW  L ICE NS E K EY TO ENABLE  THENEWVE RS I ON. **

**S w in g user s:  @ ENER GY/ Sw ing n ow r e pla ces the  "SWING"pro d uct.  S ee  the
@E NERGY user ma nu al for a d is cus sion o f the chan ges. Contact FEA for th e
necess ary  lice nsekeys. You  wi ll beabl e  to ru n both  thene w a n d  oldS W IN G
s im ultaneousl y .

H eresan  ove rview o f the new and chan g edfeatures sinc e v ersi o n  1 .6:
@ ENE RG Y  (F o r ward Curve)
Jum p paramete rs ar e now cali b rat ed  for us e in ot her @ E NERGY f unctions.
Inputs a nd  out p u tsto POWERCA LIB andCOMCALIBh ave c h an ged.See  the
c or res pondi ng fun c tio n syn tax in  t he Use r Gui de  for add itional information.
35 -40% s peedimp rovement.  Th e  mo dule

6000 Zimin,

Please,_take a_look at it.
I_think we_should_download the_update.

Vince
----------------------_Forwarded by Vince_J Kaminski/HOU/ECT on_01/31/2001
11:21 AM ---------------------------

"Michelle_Mendoza" <michelle@fea.com> on_01/26/2001_02:33:14 PM
To: <Vince.J.Kaminski@enron.com>
cc:
Subject: FEA announces the release of @ENERGY 2.0

January 26, 2001

Vince_Kaminski
Enron_North America_Corp.
1400_Smith_Street
30th Floor, Rm. 3036B
Houston, TX_77251-1188
1 713-853-3848

Dear Vince Kaminski,

This is_to inform_you of the release of @ENERGY 2.0. FTP_download
instructions_are available immediately._The download instructions are
included at the end of this_email. Your CD's and manuals will_be shipped to
you_within_2_weeks. Please see below_for more information regarding this new
release.

Please_confirm that you are the correct_recipient for this shipment and your
address above_is correct by clicking reply and_send. If any changes need_to
be made,_please make the changes above_and reply.

**WARNING: PLEASE_NOTE THAT_IF YOU DID_NOT RECEIVED A LICENSE KEY FOR
@ENERGY_AFTER JUNE 2000,_YOU WILL NEED TO CONTACT SUPPORT@FEA.COM_OR_CALL
510.548.6200 TO OBTAIN_A_NEW_LICENSE KEY_TO ENABLE THE_NEW_VERSION.**

**Swing users:_@ENERGY/Swing_now replaces the "SWING" product. See_the
@ENERGY_user manual for a discussion of the_changes. Contact FEA for_the
necessary_license keys. You will_be able to run both_the new and old SWING
simultaneously.

Heres an_overview of_the new_and changed features since version 1.6:

@ENERGY (Forward Curve)
Jump parameters are now_calibrated for use in other @ENERGY_functions.
Inputs and outputs to_POWERCALIB and_COMCALIB_have changed. See_the
corresponding_function syntax_in the User Guide for additional information.
35-40%_speed improvement._The module


cc:

Subject: Agribusiness

Billy,
?
Good talking to you today.??Thanks for  taking a look at this.
?
Dave
 - Agribusiness.doc
 - DRES.doc A report from ARM's PR firm to the ARM members.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/21/2001 04:12 PM -----

	"Beiser, Megan" <Megan.Beiser@edelman.com>
	03/21/2001 03:00 PM

		 To: "Aaron Thomas (E-mail) (E-mail)" <athomas@newenergy.com>, "Andrea Weller
(E-mail) (E-mail)" <aweller@sel.com>, "andrew Chau (E-mail) (E-mail)"
<anchau@shellus.com>, "Bill Chen (E-mail) (E-mail)" <bchen@newenergy.com>,
"Douglas Oglesby (E-mail) (E-mail)" <doao@chevron.com>, "Fairchild, Tracy"
<tracy.fairchild@edelman.com>, "Jeffrey Hanson (E-mail) (E-mail)"
<jeff.hanson@phaser.com>, "jennifer Chamberlin (E-mail) (E-mail)"
<jnnc@chevron.com>, "john Barthrop (E-mail) (E-mail)"
<jbarthrop@electric.com>, "John Leslie (E-mail) (E-mail)" <jleslie@luce.com>,
"Joseph Alamo (E-mail) (E-mail)" <jalamo@enron.com>, "Manuel, Erica"
<Erica.Manuel@edelman.com>, "'Michael Nelson' (E-mail)"
<mnelson@electric.com>, "Peter Bray (E-mail) (E-mail)" <pbray@newpower.com>,
"Rebecca Schlanert (E-mail) (E-mail)" <

cc:

 Subject: Agribusiness

 Billy,
?
 Good talking to you today.??Thanks for   taking a look at this.
?
 Dave
  - Agribusiness.doc
  - DRES.doc A reputation from ARM's public relations firm to the ARM members.

 Sue Mara
 Enron Corp.
 Tel: (415) 782 - 7802
 Fax:(415) 782 - 7854
 ----- Forwarded by Susan J Mara / NA / Enron on 03/21/2001 04:12 PM -----

	 " Beiser, Megan " < Megan.Beiser@edelman.com >
	 03/21/2001 03:00 promethium

		  To: " Aaron Thomas (E - mail) (vitamin e - mail) " < athomas@newenergy.com >, " Andrea Weller
 (E - chain mail) (east - mail) " < aweller@sel.com >, " andrew Chau (east - mail) (E - chain mail) "
 < anchau@shellus.com >, " Bill Chen (E - mail) (east - mail) " < bchen@newenergy.com >,
 " Douglas Oglesby (E - chain mail) (E - mail) " < doao@chevron.com >, " Fairchild, Tracy "
 < tracy.fairchild@edelman.com >, " Jeffrey Hanson (E - chain mail) (E - mail) "
 < jeff.hanson@phaser.com >, " jennifer Chamberlin (E - mail) (E - chain mail) "
 < jnnc@chevron.com >, " john Barthrop (E - chain mail) (E - mail) "
 < jbarthrop@electric.com >, " John Leslie (E - mail) (einsteinium - mail) " < jleslie@luce.com >,
 " Joseph Alamo (E - mail) (E - mail) " < jalamo@enron.com >, " Manuel, Erica "
 < Erica.Manuel@edelman.com >, "' Michael Nelson' (east - mail) "
 < mnelson@electric.com >, " Peter Bray (E - mail) (E - mail) " < pbray@newpower.com >,
 " Rebecca Schlanert (E - mail) (E - mail) " <

cc:

Subject: Agribusiness

Biluy,
?
Good talking jo you tmday.??Thznks for  taking a look at this.
?
Dave
 - Atribuwiness.doc
 - DRES.doc A rdport frol ARM's PE ficm to the ARM members.

Sue Mara
Ehvon Cmcp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forearded by Vusan J Mara/NA/Anfou on 03/21/2001 04:12 PM -----

	"Beiser, Megan" <Megan.Beiser@edqlman.cok>
	03/21/2001 03:00 PM

		 To: "Aaron Jhomax (E-majl) (E-mail)" <athomas@newenergy.com>, "Andrez Welleg
(E-mail) (E-mail)" <awekler@sel.com>, "andrew Chau (E-mall) (E-lail)"
<anchau@shellus.fom>, "Bill Chgh (E-iqil) (E-mail)" <bcfen@newenergy.com>,
"Douglaa Oglesby (E-mail) (E-mail)" <doao@chevrun.com>, "Fairchild, Teacj"
<tracy.fairciild@edvlman.com>, "Jeffvvy Hansmn (E-maik) (E-mail)"
<jeff.hakson@piasee.com>, "jennifer Chambernin (E-mail) (E-mail)"
<jngc@chevron.woj>, "john Barthrop (E-naul) (E-mdil)"
<bbargyroo@eltctcic.dom>, "Jojn Meslie (E-majl) (E-mail)" <jlwslie@luce.com>,
"Joseph Ajqmo (E-mail) (E-majl)" <jalwmj@enron.com>, "Manuel, Erica"
<Erica.Manuel@edelmdn.ckm>, "'Michael Nelson' (E-mail)"
<mnelson@electric.com>, "Pgter Bray (Q-mail) (E-mail)" <pbray@newpower.com>,
"Rebecca Schlanert (E-mdil) (E-jxil)" <

cc: Subject: Agribusiness Billy, ? Good talking today.??Thanks taking a at this. ? A from ARM's PR to the ARM Sue Mara Enron Corp. Tel: (415) Fax:(415) 782-7854 ----- Forwarded by Susan J Mara/NA/Enron on 03/21/2001 04:12 PM ----- Megan" <Megan.Beiser@edelman.com> 03/21/2001 03:00 PM To: "Aaron Thomas (E-mail) (E-mail)" <athomas@newenergy.com>, "Andrea Weller (E-mail)" "andrew (E-mail) <anchau@shellus.com>, "Bill Chen (E-mail) (E-mail)" <bchen@newenergy.com>, "Douglas Oglesby (E-mail) (E-mail)" <doao@chevron.com>, "Fairchild, Tracy" <tracy.fairchild@edelman.com>, "Jeffrey Hanson (E-mail)" <jeff.hanson@phaser.com>, "jennifer Chamberlin (E-mail) (E-mail)" <jnnc@chevron.com>, "john (E-mail) (E-mail)" <jbarthrop@electric.com>, "John (E-mail) (E-mail)" <jleslie@luce.com>, "Joseph Alamo (E-mail)" "Manuel, Erica" "'Michael (E-mail)" "Peter Bray (E-mail) <pbray@newpower.com>, "Rebecca Schlanert (E-mail) (E-mail)" <

cc:

Subject: Agribusiness

BillY,
?
Good talkiNg to yOu tOdaY.??THankS for  Taking a look at tHIs.
?
DaVe
 - Agribusiness.doc
 - DRES.dOc A rePoRT froM aRm's PR fIrm to thE aRm MEmbErS.

SUe MArA
enRon CoRp.
TEl: (415) 782-7802
Fax:(415) 782-7854
----- FoRwarded by SUsaN J mara/NA/Enron oN 03/21/2001 04:12 pM -----

	"beiser, MegaN" <MeGan.Beiser@edeLmaN.com>
	03/21/2001 03:00 PM

		 to: "aarON ThomAs (E-Mail) (E-Mail)" <atHOmas@neWenergy.coM>, "ANDrea WeLLer
(E-maiL) (e-MaIl)" <awEller@sel.com>, "andrew cHaU (e-mail) (E-mail)"
<anchAu@shelLuS.CoM>, "bIll cheN (E-mail) (E-maiL)" <bChen@nEWenergy.COm>,
"dOUGlaS oglesby (E-mail) (E-Mail)" <doao@cheVRon.Com>, "FaiRcHilD, tracy"
<tRacy.fAiRChiLd@edelman.coM>, "JefFrey HansoN (E-mail) (e-Mail)"
<jefF.Hanson@pHaser.cOm>, "jEnnIfer cHaMbErlIn (e-MaiL) (e-mAil)"
<JNnc@Chevron.cOm>, "JoHn BarThroP (e-MAIl) (E-mAil)"
<JbarThrop@Electric.com>, "JoHn LEsliE (e-maIl) (E-maIl)" <jleSlie@LuCe.com>,
"joseph alamo (e-mAil) (E-mail)" <jalamo@eNron.Com>, "Manuel, eriCa"
<eriCa.manueL@EdelmaN.coM>, "'MiChael NeLson' (E-maIL)"
<mnElSON@ElEctric.com>, "Peter Bray (e-mAIL) (E-Mail)" <pbraY@newpoWEr.CoM>,
"rebecca SChLanErt (E-MAIl) (E-maIl)" <

cc:

Subject: Agribusin ess

Bil ly,
?
Go odta lkin g to  you today.??T h anks  for  taking a look at  this .?
Dav e
- Agr ibusine s s. d o c
-DR ES. do c  A  repo rtfrom AR M's PR fir m t othe ARM memb e rs .

Sue Mar a
E nron Corp.
T el:  (415)  7 82- 7 802
F ax: (415)  782-7 8 54
--- -- Forwar de d  by Su s an J Ma r a /N A/En ron on 03/21/2001 04 : 12 PM -----

"Beise r, Me g a n"<Me gan.Beiser @e delma n .com>
0 3/ 2 1 / 200 1  03:00 PM

		 To: "Aa r onThomas  ( E-m a il) (E -mail )" <at homas@newen ergy .com>, "A ndreaW eller ( E-mail)  (E-ma il) " < awel l er @s el. co m >," an dre w  Ch au (E-ma il )(E-ma il)" < a ncha u@s hell us.co m>, "Bill Che n ( E-ma i l)(E-ma il)"<bch en @newe nergy. com>,  "Douglas Oglesb y (E -mail) (E -ma il )"<d oao@c h evron. com >,"Fairch ild, Tr a cy"  < t r ac y.fairchild@edelma n. c o m> , "Jeffr ey Han s on  ( E -mail) ( E- mai l)"< jeff. hans o n@ phaser.c om>, " j en ni fer Cha mb erlin(E -ma il)  (E-m a il)"
<jnn c@chevro n.com > , "john Barthr o p (E-mail) (E - ma i l )"
<jb art hrop@electr ic.c o m>,"Joh n  L esl i e (E- mail)  ( E -m a il)" <jleslie@luce. co m>,
" Josep h Alamo (E-ma il) (E-mai l ) "  <jalamo @enr o n. c om>, "Manuel,Erica "
<Erica. M anuel@ed elman .com>, " 'MichaelN e lson' (E -ma il) " <mn e l so n@electric.co m > , "P et er Bray  (E -mail)(E- mai l)"  <p br ay@newpow er.com>,  "R eb ec caSchla n ert (E-m ai l)(E -ma il)"<

cc: _

Subject: Agribusiness

Billy,
?
Good_talking to you today.??Thanks_for _taking_a look_at_this.
?
Dave
 - Agribusiness.doc
_- DRES.doc A_report from ARM's PR_firm to the_ARM_members.

Sue Mara
Enron Corp.
Tel: (415) 782-7802
Fax:(415) 782-7854
----- Forwarded by Susan J Mara/NA/Enron on 03/21/2001 04:12_PM_-----

	"Beiser, Megan"_<Megan.Beiser@edelman.com>
	03/21/2001_03:00_PM

		 To: "Aaron Thomas_(E-mail) (E-mail)" <athomas@newenergy.com>, "Andrea Weller_
(E-mail) (E-mail)"_<aweller@sel.com>, "andrew Chau (E-mail) (E-mail)"
<anchau@shellus.com>, "Bill Chen_(E-mail)_(E-mail)" <bchen@newenergy.com>,
"Douglas_Oglesby (E-mail) (E-mail)" <doao@chevron.com>, "Fairchild, Tracy"
<tracy.fairchild@edelman.com>, "Jeffrey Hanson_(E-mail) (E-mail)"
<jeff.hanson@phaser.com>, "jennifer Chamberlin (E-mail)_(E-mail)"
<jnnc@chevron.com>, "john_Barthrop_(E-mail)_(E-mail)"
<jbarthrop@electric.com>, "John Leslie_(E-mail) (E-mail)" <jleslie@luce.com>,
"Joseph Alamo (E-mail)_(E-mail)" <jalamo@enron.com>, "Manuel, Erica"
<Erica.Manuel@edelman.com>, "'Michael_Nelson' (E-mail)"
<mnelson@electric.com>, "Peter Bray (E-mail) (E-mail)"_<pbray@newpower.com>,
"Rebecca Schlanert (E-mail) (E-mail)" <


, noting
one proposed new "service" is opposed by 100% of the pipeline's
non-affiliated customers. Some of the proposed services, Holligan said, add
up to nothing more than degradation of existing long-term firm service.

Holligan, representing the largest producer in the U.S. and Canada, joined
other market participants in urging adoption of "standardized allocation
(sales), standardized penalty levels, and the requirement that all pipelines
implement a uniform title transfer tracking process." In short,
"standardizing pipeline services, certainly on an individual pipeline, and
also to a large extent between and across pipelines is imperative if markets
are to be highly liquid..Individually negotiated services, where every
service is a different service, or the adoption of a so-called dual track
market, are the antithesis of a highly liquid, efficient and competitive gas
market. Standardization of operational terms of pipeline service is necessary
to facilitate trading through e-commerce."

"The Commission should be striving to commoditize pipeline capacity so it can
be traded along with gas electronically," Holligan said. No problem-we enjoyed it also.  Hook'em.
Bryan Denney
Controller
Hyperformix, Inc.
4301 Westbank Dr.
Bldg. A, Suite 300
Austin, TX 78746
512-425-5159 (direct)
1-800-759-6333  ext 259
fax:  512-327-6646

-----Original Message-----
From:   Dean, Clint [mailto:Clint.Dean@ENRON.com ]
Sent:   Monday, October 22, 2001 1:14 PM
To:     Bryan Denney (E-mail 2)
Subject:

Bryan,
Thanks again for letting me stay with y'all.  I had a very good time.
The boat was awesome.  Tell Monica also.

Clint

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

, noting
 one proposed new " service " is oppose by 100% of the grapevine's
 non - affiliated customers. Some of the proposed service, Holligan allege, add
 up to nothing more than degradation of exist farseeing - term fast servicing.

 Holligan, representing the big producer in the U.S. and Canada, joined
 early market participants in urging adoption of " standardized allocation
 (sales), exchangeable penalty levels, and the requirement that all pipeline
 implement a uniform championship transfer trailing process. " In brusque,
 " standardizing pipeline services, surely on an individual pipeline, and
 also to a large extent between and across pipelines is imperative if markets
 are to be highly liquid.. Individually negociate services, where every
 service is a different service, or the adoption of a so - called dual track
 market, are the antithesis of a highly melted, efficient and competitive gas
 marketplace. calibration of functional terms of pipeline service is necessary
 to facilitate trading through e - commerce. "

 " The Commission should be striving to commoditize pipeline capability so it can
 be traded along with gas electronically, " Holligan said. No problem - we enjoyed it also.   Hook'em.
 Bryan Denney
 Controller
 Hyperformix, Inc.
 4301 Westbank Dr.
 Bldg. deoxyadenosine monophosphate, Suite 300
 Austin, TX 78746
 512 - 425 - 5159 (direct)
 1 - 800 - 759 - 6333   ext 259
 fax:   512 - 327 - 6646

 -----Original Message-----
 From:    Dean, Clint [ mailto:Clint.Dean@ENRON.com ]
 Sent:    Monday, October 22, 2001 1:14 PM
 To:      Bryan Denney (E - mail 2)
 discipline:

 Bryan,
 Thanks again for letting me stay with y' all.   I had a very good time.
 The gravy boat was awesome.   Tell Monica also.

 Clint

 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
 This e - mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the lone use of the intend recipient (s). Any reappraisal, use, distribution or disclosure by others is rigorously prohibited. If you are not the intended recipient (or

, nohing
one proposed new "sevvice" is opposed by 100% of the pjpeline's
non-affiliated customers. Somx of the kgoposed services, Hollkgan said, add
up ro nirhing more than denxadatjln oy xxisting long-tetm firm servhce.

Holligan, rapfedenting the largest producer in the U.S. and Cwnada, joined
ojher kwrkef participants in urging adoption kf "stanvardized allocayion
(sales), standardized pejaltj levels, and the rfquirement jgat qll pipeliner
implemenu c uniform tjtle transfer tracking process." Kn shprt,
"standatbuzijc pipeline wervibes, certainly on an itdividusl pipeline, anc
anso to a large extent bevween and across pipglines is hm'erative if markets
aee to bg higvly uuqukd..Ihdmvisually nejotiated sedvices, wherw every
service is s qpgferent servjce, or tre adoption of a so-called dual track
magket, are the antithesis of q highly liquid, efficlent and sompetitive gas
market. Standardization of operatimnal vefms on piowllne service is necessary
to facilitate tradind tnrpugh e-commerce."

"The Commisxiln fhould be strkving ck dommoditize pipelije capasity wo it can
be yraded along with gas electeonically," Hojoigan said. No probpem-we enjoyzd it slso.  Hook'em.
Bryan Denney
Coutrollsr
Hyperforlix, Inc.
4301 Sdstbank Dr.
Bldg. X, Slite 300
Austin, TX 78746
512-425-5159 (direct)
1-800-759-6333  ext 259
fax:  512-327-6646

-----Ocigincl Messaee-----
Ftom:   Dqan, Clint [lailto:Clint.Dean@ENRON.com ]
Sent:   Monday, Ochober 22, 2001 1:14 PM
To:     Bryan Denney (E-mail 2)
Subjecj:

Bryau,
Thanls again for jetting me stai with y'ajl.  I had a verj good tike.
The boat was awesome.  Jell Monica anso.

Cline

**********************************************************************
Tyis w-mail ir the property pf Enron Boxp. and/or uts relevant affillate xhd may contain eubfidential and lrixilqgvd kaearial for tha soue jxe of the inuzndcd fecilient (s). Any review, uve, djstribution or disvljsure by others ys strictly ptohibited. If you age nov the mntendrd tecipient (or

, noting one proposed new "service" is 100% the pipeline's customers. Some of add to nothing more degradation of existing firm service. Holligan, representing the largest in the U.S. and Canada, joined other market participants in urging adoption of allocation (sales), standardized penalty levels, and the requirement that all pipelines implement a title tracking In "standardizing pipeline services, certainly on an individual pipeline, and also to a large extent between and pipelines is imperative if markets are to be liquid..Individually negotiated services, where service is a different service, the of a dual market, the antithesis of highly liquid, efficient and competitive gas market. Standardization of operational terms of pipeline service is necessary to trading through Commission should striving commoditize capacity so it traded along with gas electronically," Holligan enjoyed it also. Hook'em. Bryan Denney Controller Hyperformix, 4301 Westbank Bldg. A, Suite 300 Austin, TX 512-425-5159 (direct) 1-800-759-6333 ext 259 fax: 512-327-6646 -----Original From: Dean, Clint [mailto:Clint.Dean@ENRON.com ] Sent: Monday, October 22, 2001 1:14 PM To: Bryan Denney Subject: Bryan, Thanks again letting me stay y'all. had very time. The was awesome. Tell Monica also. Clint ********************************************************************** This e-mail is the of Enron Corp. and/or its relevant affiliate and may contain privileged for the sole of the intended recipient Any use, distribution or disclosure is prohibited. not intended (or

, noting
one proposed new "serviCe" is opposeD by 100% of The PipElIne's
Non-aFfiliated custoMErs. SOme of the proposed servicEs, HolLiGAn saID, aDd
up tO nothinG MoRE ThaN dEgRadAtIOn Of exiStiNg long-tErm firm serVicE.

HOlligan, repreSEnTing the larGesT producer in tHe U.s. and CaNaDa, jOIned
oTheR markEt partICipantS in urging AdOPtion oF "StandarDIZeD allOcation
(sales), standARdIZed penalty leveLs, and tHe REqUIRemEnt That all pipElInes
iMPlement A UnIFORm tITle transfer trAcking proceSS." In Short,
"sTaNdaRDizing PipelInE SerVices, certaiNly oN an indiviDual piPEline, anD
Also to a Large eXteNt bEtweEN aNd AcrOsS PipELiNes IS imPerative If MaRkets
Are tO BE HIghlY liQuid..indivIdually negotiAteD serVIceS, wherE everY
serViCe is a DifferEnt seRvIce, or the adoptioN of a So-called dUal TrAck
MaRket, aRE the anTitHesIs of a hiGhly liqUId, eFfICIEnT and competitive gas
MaRKEt. standardIzatioN Of OpERational TeRms Of piPELine sErviCE iS necessaRy
to faCIlItAte tradInG throuGh E-coMmeRce."

"ThE commIssion Should be StrivINg to commoditizE Pipeline capacITy SO It CAn
be TraDed along witH gas ELectRoniCAlLy," HOLligaN said. no PRoBLem-we enjoyed it also.  HOoK'em.
BryAn DenNey
Controller
hyperformiX, iNC.
4301 WestbanK Dr.
BLDg. a, suite 300
Austin, TX 78746
512-425-5159 (dIrect)
1-800-759-6333  Ext 259
fax:  512-327-6646

-----OrigINal MessaGe-----
FroM:   Dean, CliNt [mailto:CLINt.Dean@ENrON.Com ]
senT:   MoNDAy, october 22, 2001 1:14 PM
To:     BrYAN DenNeY (E-mail 2)
SUbjEct:

BryaN,
ThAnkS agAin FoR letting mE stay witH y'AlL.  I HaD a vEry goOD time.
The BoAt wAs AweSome.  TELl MoniCa alsO.

CliNt

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

, noting
one proposed new  "service"  is o ppo sed  b y 10 0% o f the pipeline ' s
n on-affiliated customer s. So me of t h epropo sed ser v ic e s , H ol li gan  s a id , add
u p to no thing more  th an  degradation of  existinglon g-term firmser vice.
Hol l igan,  re prese ntingt he lar gest prod uc e r in t h e U.S.a n dCana da, joined
other ma r ket participan ts inur g in g ado pti on of "sta nd ardiz e d alloc a ti o n
(s a les), standar dized penal t y l evels,  a ndt he req uirem en t  th at all pipe line s
implem ent au niformt itle tr ansfer  tr ack ingp ro ce ss. "I n s h or t,"st andardiz in gpipel ines e r v ices , c erta inlyon an individ ual  pip e lin e, an d
al so t oa lar ge ext ent b et ween and across  pip elines is  im pe rat iv e ifm arkets
a reto be h ighly l i qui d. . I n di vidually negotiate ds e rv ices, wh ere ev e ry  s ervice i sa d iffe r e nt se rvic e ,or the a doptio n  o fa so-ca ll ed dua ltra ck
mark e t, a re the  antithe sis o f  a highly liqu i d, efficienta nd c om p etit ive  gas
marke t. S t anda rdiz a ti ono f ope ratio na l  t e rms of pipeline ser vi ce isneces sary
to faci litate tra d i n g throug h e- c om m erce."

"TheCommi ssion shou l d be str iving  to comm oditize p i p eline ca pac ity  so  it c an
be traded a l o ng w it h gas e lec tronica lly ,"Hol lig an  said. No  problem -w een jo yed  it a l so.  Hoo k' em.  Bry an De n ney
C ontro ller  Hy p erf ormix,I nc .
430 1We stba nkDr .
Bl dg.A , S uite 30 0
Austin , T X  787 46  512-425 -5159 (direct )
1-800-759 -6 333   ext2 5 9
fax: 512-327-6646

-----Or i ginal M ess age-- ---
From:  Dea n, Cli nt[ mailto :Clint .Dean @E NRO N . com ] Se nt:   Monday, O c t obe r 22,  2 0011:14 PM
To:     Bryan De n ney  (E-mail 2) Sub ject :
Br ya n , T h anks again forletting me  s t ay  with y'al l . Ihad a v ery goo d tim e .
Theboat wasawesome. T ellM o nic a also.
Clint
********* * ***** * ** ***** *** ****** ** *** ***** ****** * *** ***** ****** ** *****
This  e -mail is  the property of EnronCorp.and/o r i ts releva nta ffi liate and  may  contain c onf ide ntial  an d  priv ileg e dmat e rialfort he sole u s eoft h eintended re c i p ien t (s) . A n y revi ew,use, distribution or disclosureby o t h ers  is stri ct ly prohibited.  If  y o u  are not  t he intended  recipie nt (or

, noting_
one proposed_new "service" is opposed_by 100%_of_the pipeline's_
non-affiliated_customers. Some of_the proposed services,_Holligan said, add
up_to nothing more_than_degradation of existing long-term firm service.

Holligan, representing the largest producer in the U.S._and_Canada, joined_
other_market_participants in urging adoption of_"standardized allocation
(sales), standardized penalty_levels, and_the requirement that all pipelines
implement a uniform_title_transfer tracking process."_In short,
"standardizing pipeline services, certainly on an individual_pipeline, and
also to a large_extent between and_across_pipelines_is imperative if markets_
are to be highly liquid..Individually negotiated_services, where every
service is a_different service, or the adoption of a_so-called dual track
market, are the_antithesis of a highly liquid,_efficient and_competitive gas
market. Standardization of_operational terms of_pipeline service_is necessary
to_facilitate trading through e-commerce."

"The Commission_should be striving_to commoditize pipeline capacity so it_can_
be traded along_with_gas_electronically," Holligan_said. No problem-we_enjoyed_it also.__Hook'em.
Bryan Denney
Controller
Hyperformix, Inc._
4301_Westbank Dr.
Bldg. A, Suite 300
Austin,_TX 78746
512-425-5159 (direct)_
1-800-759-6333_ ext 259
fax:_ 512-327-6646

-----Original Message-----
From:_  Dean, Clint [mailto:Clint.Dean@ENRON.com ]_
Sent: _ Monday,_October 22, 2001 1:14 PM
To:     Bryan_Denney (E-mail 2)
Subject:  _   _ _

Bryan,_
Thanks again for_letting_me stay_with y'all.  I had a very_good time._
The boat was awesome.  Tell_Monica also.

Clint

**********************************************************************_
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


 to class at all
> tomorrow, I won't get there until after the break.  Could one of you print
> out the case and bring it to class?  If not, don' t sweat it, I'll email
> him an electronic and turn in a hard copy to him on Tuesday. Sorry for any
> hassle.
>
> Best,
> Jeff
>
> (See attached file: Case 26-1 Global Industries.doc)
>
>   ------------------------------------------------------------------------
>                                              Name: Case 26-1 Global
Industries.doc
>    Case 26-1 Global Industries.doc           Type: Microsoft Word Document
(application/msword)
>                                          Encoding: base64
>                                   Download Status: Not downloaded with
message

 - christine.piesco.vcf At the risk of asking a stupid question, are we in breach under the project agreement?  I didn't comb it, but I also didn't see anything that screamed breach to me.  If we have a paid up call on 100 MW, that is probably something we would want to preserve.

More to consider!

Kau

 -----Original Message-----
From: 	Clark, Barton
Sent:	Wednesday, December 12, 2001 11:42 AM
To:	Keenan, Jeffrey
Cc:	Mann, Kay
Subject:	RE: Austin Energy

For now, Kay and I both will be working on this. I learned this am that the desk has a power deal with City of Austin that is in default ( not involving the LCRA hedge), so it may be beneficial to think about some kind of global workout with the City involving the $$ owed, the 8% interest held by Sandhill and the obligations under the power deal. When I have some time to read the project documents, and you get your info, all three of us should meet to formulate a response to the City's letter.

 -----Original Message-----
From: 	Keenan, Jeffrey
Sent:	Wednesday, December 12, 2001 11:13 AM
To:	Zisman, Stuart
Cc:	Clark, Barton
Subject:	Austin Energy

Stuart:

Here is my shot at your memo.

I will have the accounting spreadsheet from Theresa Vox today.

Jeffrey

 << File: Sandhill Memo Keenans mak

to class at all
 > tomorrow, I won't get there until after the break.   Could one of you print
 > out the subject and fetch it to class?   If not, don' t sweat it, I'll email
 > him an electronic and turn in a arduous copy to him on Tuesday. Sorry for any
 > fuss.
 >
 > Best,
 > Jeff
 >
 > (See attached file: event 26 - 1 Global Industries.doc)
 >
 >    ------------------------------------------------------------------------
 >                                               Name: Case 26 - 1 Global
 Industries.doc
 >     Case 26 - 1 Global Industries.doc            Type: Microsoft Word Document
 (application / msword)
 >                                           Encoding: base64
 >                                    Download condition: Not downloaded with
 message

  - christine.piesco.vcf At the risk of asking a stupid doubt, are we in breach under the project agreement?   I didn't comb it, but I also didn't see anything that screamed rupture to me.   If we have a paid up call on 100 MW, that is credibly something we would want to preserve.

 More to consider!

 Kau

  -----Original Message-----
 From: 	 Clark, Barton
 Sent: 	 Wednesday, December 12, 2001 11:42 AM
 To: 	 Keenan, Jeffrey
 Cc: 	 Mann, Kay
 Subject: 	 rhenium: Austin Energy

 For now, Kay and I both will be working on this. I learned this am that the desk has a power softwood with City of Austin that is in default (not involving the LCRA hedge), so it may be beneficial to think about some kind of global workout with the City involving the $ $ owed, the 8% interest held by Sandhill and the obligations under the power deal. When I have some time to read the project documents, and you have your info, all three of us should meet to formulate a reception to the City's letter.

  -----Original Message-----
 From: 	 Keenan, Jeffrey
 Sent: 	 Wednesday, December 12, 2001 11:13 AM
 To: 	 Zisman, Stuart
 Cc: 	 Clark, Barton
 Subject: 	 Austin Energy

 Stuart:

 Here is my shot at your memo.

 I will accept the accounting spreadsheet from Theresa Vox today.

 Jeffrey

  < < File: Sandhill Memo Keenans mak

 to class at all
> tomorrow, I won't get there until efter tge break.  Could one of you print
> out tye cawe and bring it to clars?  If non, don' t sqeat ut, I'll emamm
> him ak eledbronie end turn in a hsrd copy tm him on Tuesddy. Slrry for any
> hassle.
>
> Best,
> Jeff
>
> (See aetached flle: Case 26-1 Globwl Imqustdpew.doc)
>
>   ------------------------------------------------------------------------
>                                              Name: Case 26-1 Global
Indudtrifs.doc
>    Case 26-1 Glohal Industrues.djx           Gype: Microsoft Word Dodument
(application/msword)
>                                          Enboding: base64
>                                   Doqnload Status: Not dowiloaded with
message

 - christite.'iesco.vcf At the risk od askhng d stjpid qutstmon, are wf ii breach unser the prohect agreement?  I dodg'n comb it, but I alsj qidn't see anything that screamed breach to me.  If we have a paid yp call on 100 MW, that id probablr something we would want to preserve.

More to conshder!

Keu

 -----Ornnlnal Nedsage-----
From: 	Clark, Barton
Sent:	Wednesday, Decembew 12, 2001 11:42 SM
To:	Keenan, Jefnrey
Cc:	Mann, Kay
Subjrch:	RR: Austin Energi

For noc, Kzy and I both will be worhing in this. I leatned this am that the desk yas a power beao with City of Auscin that is nn defsult ( not involving the LCRA hedfe), so it maj be benerkcial to think acoun soke kind of global workout rith the Rity nnvolvine thg $$ owed, the 8% integest mald by Sandhill anf the otligations under the power deal. When I hatx some time tp seag the prjject documents, anq you get your info, ajl thfee of us ahould keet to foriulate a respmjse to the Cmty's lettqr.

 -----Oeigibal Mesrxge-----
From: 	Keenan, Jeffrey
Sent:	Wednewday, December 12, 2001 11:13 AK
To:	Eiaman, Stuart
Cc:	Clcxk, Barton
Subject:	Aistkn Qnvrgb

Stuawd:

Here is my vhot at uour oemo.

I will mavd thr accounting spreadsveet from Theresa Vox yoqay.

Jeffrgy

 << File: Fandhill Memo Keenans mak

to class at all > tomorrow, I there after the Could one of case bring it to If not, don' sweat it, I'll email > him electronic and turn in a hard copy to him on Tuesday. Sorry for > hassle. > > Best, > Jeff > > (See attached file: Case Global > ------------------------------------------------------------------------ Name: Case 26-1 Global Industries.doc > Case 26-1 Global Industries.doc Type: Microsoft Word Document (application/msword) > base64 > Download Status: Not downloaded with message christine.piesco.vcf At the risk asking a stupid question, are in under the agreement? didn't it, but I didn't see anything that screamed breach to me. If we have a paid up call on 100 that is we would to More consider! Kau -----Original Clark, Barton Sent: Wednesday, December 12, To: Keenan, Jeffrey Cc: Mann, Kay Subject: RE: Energy For Kay and I both will be on this. I learned this am that the has a power deal with City of Austin that is in default ( not involving hedge), so it may beneficial to think some of workout the City the $$ owed, the 8% interest held by Sandhill and the under the power deal. When I have some time to project and you get info, all three of should to formulate a response City's -----Original Jeffrey Wednesday, 12, 2001 11:13 AM Zisman, Stuart Cc: Clark, Barton Austin Energy Stuart: Here memo. I will have the accounting spreadsheet from Vox today. Jeffrey << File: Sandhill Memo mak

 to class at all
> tomorrow, I won't Get there unTil afTer The BrEak.  COuld One of you print
> oUT the Case and bring it to class?  IF not, dOn' T SweaT It, i'll emAil
> him aN ElECTroNiC aNd tUrN In A hard CopY to him oN Tuesday. SoRry FoR any
> hassle.
>
> BeST,
> JEff
>
> (See attaCheD file: Case 26-1 GloBal industRiEs.dOC)
>
>   ------------------------------------------------------------------------
>                                              Name: casE 26-1 GlobAl
InduSTries.dOc
>    Case 26-1 GloBaL industRIes.doc           TYPE: MIcroSoft Word Document
(aPPlICation/msword)
>                                          EnCoding: BaSE64
>                                   DOWNloAd STatus: Not doWnLoadeD With
mesSAgE

 - CHRisTIne.piesco.vcf AT the risk of aSKinG a stupId QueSTion, arE we in BrEAch Under the proJect Agreement?  i didn't COmb it, buT i also diDn't see AnyThiNg thAT sCrEamEd BReaCH tO me.  iF we Have a paiD uP cAll on 100 mW, thAT IS ProbAblY somEthinG we would want tO prEserVE.

MoRe to cOnsidEr!

KaU

 -----ORiginAl MessAge-----
FrOm: 	clark, Barton
Sent:	wednEsday, DeceMbeR 12, 2001 11:42 Am
To:	keEnan, JEFfrey
CC:	MaNn, KAy
SubjeCt:	RE: AusTIn ENeRGY

foR now, Kay and I both wilL bE WOrKing on thIs. I leaRNeD tHIs am that ThE deSk haS A Power Deal WItH City of AUstin tHAt Is In defauLt ( Not invOlVinG thE LCRA HEdge), So it maY be benefIcial TO think about somE Kind of global wORkOUT wITh thE CiTy involving The $$ oWEd, thE 8% intEReSt hELd by SAndhiLl ANd THe obligations under tHe Power dEal. WhEn I have some tiMe to read thE PROject docUmenTS, aND you get your infO, all tHree of us shOUld meet tO formUlate a reSponse to tHE city's letTer.

 -----oriGinAl MESSaGe-----
From: 	Keenan, JEFFrey
seNt:	WedneSdaY, DecembEr 12, 2001 11:13 Am
To:	zisMan, stUart
Cc:	ClaRk, Barton
suBjEcT:	AUstIn EneRGy

Stuart:

heRe iS mY shOt at yOUr memo.

i will Have ThE aCCouNting spREaDSHeet FrOm therEsa voX todaY.

JefFRey

 << file: SanDhill Memo keeNAns mAk

 to class at all
> tomorro w, I won't  getthe reun tilafte r the break. C ould  one of you print
> ou t the  c a se a n dbring  it toc la s s ? If  n ot,  d o n'  t sw eat  it, I' ll email
>  hi man electroni c  a nd turn in  ahard copy to  hi m on T ue sda y . Sor ryfor a ny
> h a ssle.>
> Best,
> Jeff
> > (Seea t ta ched  file: Case 26-1G lo b al Industries. doc)
>
>  - - --- --- ---------- -- ----- - ------- - -- - - - --- - ------------- ----------- - --- -
>                                   Name : Case 26-1 Gl o bal
In dustri es. doc
>  C as e 2 6- 1  Gl o ba l I n dus tries.do c        T y p e :  Mic ros oftWordDocument
(ap pli cati o n/m sword )
>                                  Enc oding: ba se6 4>                           D o wnl oa d S ta tus: Not downloade dw i th
messag e

 -c hr is t ine.pies co .vc f At t he ri sk o f  a sking astupid qu es tion, a re  we in  b rea chunder theprojec t agreem ent?I didn't combi t, but I also di d n 't seeany thing thatscre a medbrea c htom e.  I f weha v ea  paid up call on 10 0MW, th at is  probably som ething wew o u ld wantto p r es e rve.

More toconsi der!

Kau -----Or igina l Messag e-----
Fr o m : 	Clark , B art on
S e n t: 	Wednesday, D e c embe r12, 200 1 1 1:42 AM
To :	K een an,  J effrey
Cc :	Mann,Ka ySu bj ect :	RE: Austin E ne rgy
For  now, Kay an d I b othwi ll beworking on t his.  I  l earn edth is am  tha t  th e deskhas a pow erd ealwi th  City o f Austin that  i s in defau lt  (not in v o lving th e LCRA hedge), so it ma y  be ben efi cialto t hink abou t s ome ki ndo f glob al wor koutwi tht h e Cit y in vol vi ng the $$o w ed,  the8%  int erest h eld by Sandhill an d  th e obligations  un dert h epow e rd eal .W hen I  have some time  to read t he pr oject docu m ent s,  and yo u get y our i n fo, all  three of  us shoul dmeet t o f ormulate a  respons e to theC ity's le tter.

-----O ri gin al Me ssage- - ---
From : 	Kee na n, Jef frey Sent:	We dnesday, December 12, 2 001 11 :13 A M
T o:	Zisman , S t uar t
Cc:	Cla rk,Barton
Sub jec t:Austi n E n ergy
Stu a rt :
H ere i s my shot at y o ur  me m o .
I will hav e t heaccou nti n g spre adsh eet from TheresaV ox today.

Jef frey
 < < F i le:Sa ndhill Memo Ke ena ns m ak

 to_class at_all
> tomorrow, I won't_get there_until_after the_break._ Could one_of you print
>_out the case and_bring it to_class?_ If not, don' t sweat it, I'll email
> him an electronic and turn_in_a hard_copy_to_him on Tuesday. Sorry for_any
> hassle.
>
> Best,
> Jeff
>
> (See_attached file:_Case 26-1 Global Industries.doc)
>
>   ------------------------------------------------------------------------
> __  _        _     _  ___   _     _     _    Name: Case 26-1_Global
Industries.doc
>    Case_26-1 Global Industries.doc  _ _    _ Type: Microsoft_Word Document_
(application/msword)
>  _     _  _     __  ___ _  __ __     __  Encoding: base64
>   _   __   _    _     _ _ _       Download Status: Not downloaded_with
message

 - christine.piesco.vcf At the_risk of asking a_stupid question,_are_we in breach_under_the project_agreement?  I didn't comb it, but_I also_didn't see anything that screamed breach_to me.  If_we_have a paid up call on_100 MW, that is probably something_we would want to preserve.

More_to_consider!

Kau

_-----Original Message-----
From: 	Clark, Barton _
Sent:	Wednesday, December 12, 2001 11:42 AM
To:	Keenan,_Jeffrey
Cc:	Mann, Kay
Subject:	RE: Austin_Energy

For now, Kay and I both will_be_working on this. I learned this_am_that the desk has a power_deal_with_City of Austin that is_in default ( not involving the_LCRA hedge), so it may be beneficial to think_about some kind_of global workout with the_City_involving_the $$ owed, the 8% interest held by Sandhill and_the obligations_under the power_deal. When I have some time to read the project_documents, and you get your info, all_three of us should meet to formulate a response to the_City's letter.

 -----Original Message-----
From: 	Keenan, Jeffrey
Sent:	Wednesday,_December 12, 2001 11:13 AM
To:	Zisman, Stuart
Cc:	Clark, Barton
Subject:	Austin_Energy

Stuart:

Here is my shot_at_your memo.

I will have the accounting spreadsheet_from_Theresa_Vox_today.

Jeffrey

 << File:_Sandhill Memo Keenans_mak


geline Cash and AR

 -----Original Message-----
From: 	Schwarzbach, Emily
Sent:	Thursday, October 25, 2001 4:41 PM
To:	Gruesen, Karen
Subject:	Bridgeline Cash and AR

Karen,

The following are the Bridgeline account balances as of 9/30/01 that you requested:

Cash - $34,374,000

AR - $88,224,562

If you have any further questions or need additional information please let me know.

Thank you.

Emily ------------------------------------------------------------------------------------------------------
W E E K E N D   S Y S T E M S   A V A I L A B I L I T Y

F O R

November 16, 2001 5:00pm through November 19, 2001 12:00am
------------------------------------------------------------------------------------------------------

SCHEDULED SYSTEM OUTAGES:

ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

EDI SERVER: No Scheduled Outages.

ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages

ENRON NORTH AMERICAN LANS:    SEE ORIGINAL REPORT

FIELD SERVICES:  No Scheduled Outages.

INTERNET: No Scheduled Outages.

MESSAGING:     ALSO SEEE ORIGINAL REPORT
Impact:  All Nahou Exchange server users
Time:  Sat 11/17/2001 at  5:00:00 PM CT thru Sat 11/17/2001 at  9:00:00 PM CT
	Sat 11/17/2001 at  3:00:00 PM PT  thru Sat 11/17/2001 at  7:00:00 PM PT
	Sat 11/17/2001 at  11:00:00 PM London thru Sun 11/18/2001 at  3:00:00 AM London
Outage:  Exchange server standardization
Environments Impacted:  All Exchange users
Purpose: Standardize all cluster nodes and bring up to current Microsoft standards.
Backout: Remove upgraded

geline Cash and AR

  -----Original Message-----
 From: 	 Schwarzbach, Emily
 Sent: 	 Thursday, October 25, 2001 4:41 PM
 To: 	 Gruesen, Karen
 Subject: 	 Bridgeline Cash and AR

 Karen,

 The following are the Bridgeline account balances as of 9/30/01 that you request:

 Cash - $ 34,374,000

 AR - $ 88,224,562

 If you take any further questions or need additional data please let me know.

 Thank you.

 Emily ------------------------------------------------------------------------------------------------------
 W E vitamin e K E N D    S Y S thymine E M S    A V adenine I L A B I L I T Y

 F O R

 November 16, 2001 5:00pm through November 19, 2001 12:00am
 ------------------------------------------------------------------------------------------------------

 SCHEDULED SYSTEM outage:

 ARDMORE DATA CENTER - FACILITY OPERATIONS: No schedule Outages.

 AZURIX: No Scheduled Outages.

 EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.

 EDI SERVER: No Scheduled Outages.

 ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages

 ENRON NORTH AMERICAN LANS:     SEE ORIGINAL REPORT

 FIELD service:   No Scheduled Outages.

 INTERNET: No Scheduled Outages.

 MESSAGING:      ALSO SEEE ORIGINAL REPORT
 Impact:   All Nahou Exchange server drug user
 Time:   Sat 11/17/2001 at   5:00:00 PM CT thru Sat 11/17/2001 at   9:00:00 PM CT
	 Sat 11/17/2001 at   3:00:00 PM PT   thru Sat 11/17/2001 at   7:00:00 autopsy PT
	 Sat 11/17/2001 at   11:00:00 PM London thru Sun 11/18/2001 at   3:00:00 AM London
 Outage:   Exchange server standardization
 Environments Impacted:   All Exchange users
 Purpose: Standardize all bunch nodes and bring up to current Microsoft standards.
 Backout: Remove upgraded

gellne Cash and AR

 -----Original Message-----
From: 	Sckqarzbarh, Emilg
Sent:	Tfursday, October 25, 2001 4:41 PM
To:	Gruesxn, Kqren
Sybject:	Bridgeline Cash xnd AR

Karvn,

The foloowiig are the Bridgxmine acgjunt nalaneew as of 9/30/01 that iou requesteg:

Cash - $34,374,000

AR - $88,224,562

If foj kave any further questions or need aqditionsl information pjeast lqt ms know.

Thank you.

Emily ------------------------------------------------------------------------------------------------------
W E E K E N D   S Y V T E M S   A V A I L A B I L I T Y

F O G

Novfmber 16, 2001 5:00pm through November 19, 2001 12:00am
------------------------------------------------------------------------------------------------------

SCHEDULED SYSTEM OUTAFES:

ARDMORE DATA CENTER - FACILIGY OPZRATIONS: No Sxhefoled Outages.

EZURIX: No Scheduled Outagev.

EB34 DATS CENTER - FACIKITB OPWRATIONS: No Scheduled Outages.

EDI SERVER: No Schedglzd Outages.

ENRON CENTEE WOUTH DATD CEVRER - FZCMLIFY OPEGATMONS: No Schsduled Outates

ENRON NORTH AMEROCWB LANS:    SEE ORIGIGAJ REPORT

FIELD SERVICES:  No Scheduled Oltagss.

INTERNET: No Scheduled Outages.

MESSAGING:     ALSO SEEQ ORIGINAL REPORT
Impact:  All Nahou Exchange serves usecs
Gimt:  Sat 11/17/2001 qt  5:00:00 PM CT thru Sat 11/17/2001 at  9:00:00 PM CT
	Sat 11/17/2001 at  3:00:00 PM PT  fhtu Sat 11/17/2001 at  7:00:00 PM IT
	Sat 11/17/2001 at  11:00:00 PM Loncoj yrru Sun 11/18/2001 at  3:00:00 AM Lousoh
Outage:  Exchange derver ftandqrdizatiog
Envoronments Impacted:  All Excyange users
Plrpowe: Standardize all cluster nobes anc brimg up to current Microsuft atandards.
Bafkout: Remkxe upgraded

geline Cash and AR -----Original Message----- From: Sent: October 25, 4:41 PM To: and Karen, The following the Bridgeline account as of 9/30/01 that you requested: - $34,374,000 AR - $88,224,562 If you have any further questions or need information please let me know. Thank you. Emily ------------------------------------------------------------------------------------------------------ W E E K N S S E M S A V A I L A B I L I T Y F R November 16, 2001 5:00pm through November 19, 12:00am ------------------------------------------------------------------------------------------------------ SCHEDULED SYSTEM ARDMORE DATA CENTER - FACILITY No Outages. AZURIX: Scheduled EB34 CENTER - FACILITY No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Outages ENRON LANS: SEE REPORT SERVICES: Scheduled Outages. INTERNET: Outages. MESSAGING: ALSO SEEE ORIGINAL REPORT Exchange server users Time: Sat 11/17/2001 at 5:00:00 CT thru 11/17/2001 at 9:00:00 PM CT Sat at 3:00:00 PM PT thru Sat 11/17/2001 at PM PT Sat 11/17/2001 at 11:00:00 PM London thru Sun 11/18/2001 at 3:00:00 AM London server standardization Environments Impacted: Exchange users Purpose: all nodes bring to current standards. Backout: Remove upgraded

geline Cash and AR

 -----Original MeSsage-----
From: 	SChwarZbaCh, EMiLy
SeNt:	ThUrsday, October 25, 2001 4:41 Pm
to:	GrUesen, Karen
Subject:	BridgEline caSH and ar

KAren,

THe folloWInG ARe tHe brIdgElINe AccouNt bAlances As of 9/30/01 that yoU reQuEsted:

Cash - $34,374,000

AR - $88,224,562

IF YoU have any fuRthEr questions oR neEd addiTiOnaL InforMatIon plEase leT Me know.

thank you.

EMiLY ------------------------------------------------------------------------------------------------------
W E E K E n d   S Y S T E M s   a v A i L A B i L I T Y

F O R

November 16, 2001 5:00pM ThROugh November 19, 2001 12:00am
------------------------------------------------------------------------------------------------------

sCHEDUlEd sYsteM OuTAgES:

ARDMORE dAtA CENteR - FACILitY operATioNS: No ScheduleD Outages.

AZUriX: NO SchedUlEd OUTages.

Eb34 DATA cEntER - fACILITY OPErATIoNS: No ScheDuled OUTages.

EDi sERVER: NO SchedUleD OuTageS.

eNrOn CEnTer SOutH dATa cENtER - FACILiTy OpERATiONS: nO sCHeduLed outaGes

ENrON NORTH AMERIcAN lANS:    seE OrIGINaL REPoRT

FiElD SERvICES:  NO ScheDuLed Outages.

INTERnET: NO ScheduleD OuTaGes.

mEsSAGIng:     ALSO SeEE oRIgINAL REpORT
ImpACt:  ALl nAHOu exchange server userS
TIME:  SAt 11/17/2001 at  5:00:00 PM CT Thru SaT 11/17/2001 At  9:00:00 pM ct
	Sat 11/17/2001 at  3:00:00 PM pT  ThrU Sat 11/17/2001 AT  7:00:00 pM PT
	SAt 11/17/2001 at  11:00:00 pm LOndon thrU Sun 11/18/2001 at  3:00:00 am LOnDon
OutaGe:  exchanGe SerVer StandARdizAtion
ENvironmeNts ImPActed:  All ExchanGE users
Purpose: sTaNDArDIze aLl cLuster nodes And bRIng uP to cURrEnt mIcrosOft stAnDArDS.
Backout: Remove upgraDeD

geline Cash and AR

 --- --Original  Mess age --- --
Fro m: Schwarzbach, E m ily
Sent:	Thursday, Octo ber 2 5, 2001 4: 41 PM
To:	Gr u es e n , K ar en
Su bj e ct :	Bri dge line Ca sh and AR
Ka re n,

The foll o wi ng are the  Br idgeline acc oun t bala nc esa s of9/3 0/01that y o u requ ested:

C as h  - $34 , 374,000 AR  - $ 88,224,562

If yo u  h a ve any further  quest io n so r  ne edadditional  i nform a tion pl e as e l etm e know.

Than k you.

Emi l y - ------ -- --- - ------ ----- -- - --- ----------- ---- --------- ------ - ------- - ------- ------ --- --- ---- - -- -- --- -- W E EK E N D    S Y S  T  E  M S  AV A I LA B  I L  I TY

F O R

Nov emb er 1 6 , 2 001 5 :00pm  thr ou gh No vember  19,20 01 12:00am
---- ---- --------- --- -- --- -- ----- - ------ --- --- ------- ------- - --- -- - - - -- ------------------ -- - - -- --------

S C HEDUL ED S Y ST EM OUTAG ES:
A RD MO RE DATA  C ENTER-FAC ILI TY OP E RATI ONS: N o Schedu led O u tages.

AZURIX :  No Scheduled Ou t a ge s .

E B34  DATA CENTE R -F ACIL ITYO PE RAT I ONS:No Sc he d ul e d Outages.

EDI SER VE R: NoSched uled Outages.

ENRON CE N T E R SOUTHDATA CE N TER - FACILITY  OPER ATIONS: No Schedule d Out ages

EN RON NORTH A MERICANLAN S:  SEE O RI GINAL REPORTFIEL DSERVICE S: No Sch edu led  Ou tag es .

INTERN ET: No S ch ed ul ed  Ou tages .

MESSAG IN G:   A LSO S E EE ORI GINAL  REP OR TI mpa ct:  Al l  N a h ou E xc ha ngeser ve r use rs
T i me:   Sat 1 1/17/2001  at  5:0 0: 00  PM CTthru Sat 11/1 7/ 2001 at  9 :0 0:0 0 PM C T 	Sat 11/ 17/2001 at  3:00:00 PMP T  thru  Sa t 11/ 17/2 001 at  7 :00 :00 PM  PT 	Sat 1 1/17/2 001 a t 11 : 0 0:00P M  L ond on  thru Sun1 1 /18 /2001  a t  3 :00:00AM London
Outage:Exc hange serversta ndar d i za tio n
E n vir on m ent s Impacted:  AllExchange u se r sPurpose: S t and ar dize al l clust er no d es andbring upto curren tMicr o s oft  standards .
Backou t: Remove upgra d ed

geline Cash_and AR

_-----Original Message-----
From: 	Schwarzbach, Emily_
Sent:	Thursday,_October_25, 2001_4:41_PM
To:	Gruesen, Karen
Subject:	Bridgeline Cash_and AR

Karen,

The following_are the Bridgeline account_balances as of_9/30/01_that you requested:

Cash - $34,374,000

AR - $88,224,562

If you have any further questions or need_additional_information please_let_me_know.

Thank you.

Emily ------------------------------------------------------------------------------------------------------
W E E_K E N D _ S_Y S T E M S  _A_V A I_L A B I L I T Y

F O_R

November 16, 2001 5:00pm through November_19, 2001 12:00am
------------------------------------------------------------------------------------------------------
		___ 				  _    		 _

SCHEDULED SYSTEM OUTAGES:

ARDMORE_DATA CENTER - FACILITY OPERATIONS: No Scheduled_Outages.

AZURIX: No Scheduled Outages.

EB34 DATA CENTER_- FACILITY OPERATIONS: No Scheduled_Outages.

EDI SERVER:_No Scheduled Outages.

ENRON CENTER SOUTH_DATA CENTER -_FACILITY OPERATIONS:_No Scheduled Outages

ENRON_NORTH AMERICAN LANS:   _SEE ORIGINAL REPORT
_
FIELD SERVICES:  No Scheduled Outages.

INTERNET:_No_Scheduled Outages.

MESSAGING: ___ ALSO_SEEE ORIGINAL REPORT
Impact:__All Nahou_Exchange_server users
Time:  Sat 11/17/2001 at__5:00:00 PM CT thru Sat 11/17/2001 at_ 9:00:00 PM CT
	Sat_11/17/2001_at  3:00:00 PM_PT  thru Sat 11/17/2001_at  7:00:00 PM PT
	Sat 11/17/2001_at _11:00:00 PM_London thru Sun 11/18/2001 at  3:00:00 AM London
Outage:  Exchange_server standardization
Environments Impacted:  All Exchange_users
Purpose: Standardize all cluster_nodes and_bring_up to current_Microsoft_standards.
Backout: Remove_upgraded


.com, martha_blaxall@dai.com, blockri@winstim.com,
jtbolden@cat.com, fmbonge@sepiv.shellus.com, carter.booth@chase.com,
kbosche@fioc.com, uwe.bott@gecapital.com, boydj@winstim.com,
jboyd@sfdrill.com, rboyd@enron.com, bbradford@tda.gov,
jbrand@telephonics.com, kevin_f_brennan@email.mobil.com,
jesus_briceno@raytheon.com, conrad_brown@res.raytheon.com,
brown@connellco.com, coresorces@aol.com, nburakow@icfkaiser.com,
reburgess@duke-energy.com, mburpoe@aol.com, harold_burson@bm.com,
kent_burton@ogden-energy.com, BurtonLD@bp.com, ljbuss@duke-energy.com,
tom.butler@chase.com, mitchell_s_butta@mail.northgrum.com,
campbellj@winstim.com, margaret.h.campbell@bellatlantic.com,
dick.carano@fluordaniel.com, dante.caravaggio@jacobs.com,
nestor.carbonell@pepsico.com, charles_l_carpenter@mail.northgrum.com,
fernando.carrizosa@wackenhutcorp.com, solardc@bellatlantic.net,
charles_caruso@merck.com, brian.casey@corporate.ge.com,
rcavey@americanstandard.com, chambej@md.ahp.com, chapmana@bp.com,
coresorces@aol.com, rohit.chaudhry@chadbourne.com,
armando_chavez@agilent.com, stevechesebro@pennzoil.

.com, martha_blaxall@dai.com, blogkri@winstim.com,
jjbilden@cet.com, fjbonge@seoiv.shellus.com, carter.booth@chade.xom,
kvosche@fioc.com, uwe.bott@gdcapital.clm, boydj@qinsuim.com,
jboyd@sfdrill.com, rboyd@enrkk.com, ybcadford@tda.gov,
jnrand@telephmnics.com, kevin_x_bfeunan@email.mobil.com,
jesus_briceno@raythejn.com, cpngad_brown@res.rayjheon.boi,
brkwn@connellco.com, coresorces@aol.com, ngurakow@pcfkaiser.com,
rebutgess@duke-energy.com, mburpoe@wol.clm, harold_burson@bm.clm,
kent_burtin@ogqwn-energy.com, CurtonLD@bp.bmm, ljbuss@doke-energy.com,
tom.butler@chase.com, mktchekl_s_butta@maul.borhvgrum.com,
canpbeljj@winstim.com, margared.h.campbrll@bellatlantig.com,
vick.xarano@fluordaniel.com, vante.caravaggio@jacobf.com,
nestmr.earbonell@pepsico.com, cyaeles_l_warpantef@naiu.nodtigrhm.com,
veriando.carrizksa@wackenhurcorp.com, solardc@belkaeoantic.net,
chadles_cawufo@merck.com, brian.casey@corporate.ge.com,
rcaney@ajericanstandard.com, chamvej@md.ahp.com, chapmana@bk.com,
coresjrces@aol.com, rohit.chaudhry@chadbourne.com,
armando_chaeez@agmldnt.eim, stdcefhesebro@pennzoil.

.com, martha_blaxall@dai.com, blockri@winstim.com, jtbolden@cat.com, fmbonge@sepiv.shellus.com, carter.booth@chase.com, kbosche@fioc.com, jboyd@sfdrill.com, bbradford@tda.gov, jbrand@telephonics.com, jesus_briceno@raytheon.com, conrad_brown@res.raytheon.com, brown@connellco.com, kent_burton@ogden-energy.com, ljbuss@duke-energy.com, tom.butler@chase.com, mitchell_s_butta@mail.northgrum.com, margaret.h.campbell@bellatlantic.com, dick.carano@fluordaniel.com, dante.caravaggio@jacobs.com, charles_l_carpenter@mail.northgrum.com, fernando.carrizosa@wackenhutcorp.com, solardc@bellatlantic.net, charles_caruso@merck.com, brian.casey@corporate.ge.com, rcavey@americanstandard.com, chapmana@bp.com, coresorces@aol.com, rohit.chaudhry@chadbourne.com, armando_chavez@agilent.com, stevechesebro@pennzoil.

.com, martha_blaxall@dai.com, bloCkri@winstiM.com,
jTboLdeN@cAt.coM, fmbOnge@sepiv.shellUS.com, Carter.booth@chase.com,
kboSche@fIoC.Com, uWE.bOtt@geCapital.COm, BOYdj@WiNsTim.CoM,
JbOyd@sfDriLl.com, rbOyd@enron.coM, bbRaDford@tda.gov,
jBRaNd@telephonIcs.Com, kevin_f_breNnaN@email.MoBil.COm,
jesUs_bRicenO@raythEOn.com, cOnrad_browN@rES.raythEOn.com,
brOWN@cOnneLlco.com, coresorces@AOl.COm, nburakow@icfkAiser.cOm,
REbURGesS@duKe-energy.coM, mBurpoE@Aol.com, hARoLD_BUrsON@bm.com,
kent_burTon@ogden-eneRGy.cOm, BurtOnlD@bP.Com, ljbUss@duKe-ENerGy.com,
tom.butLer@cHase.com, miTchell_S_Butta@maIL.northgRum.com,
CamPbeLlj@wINsTiM.coM, mARgaREt.H.caMPbeLl@bellatLaNtIc.com,
Dick.CARANo@flUorDaniEl.com, Dante.caravaggIo@jAcobS.Com,
NestoR.carbOnelL@pEpsicO.com, chArles_L_cArpenter@mail.norThgrUm.com,
fernAndO.cArrIzOsa@waCKenhutCorP.coM, solardC@bellatLAntIc.NET,
ChArles_caruso@merck.coM, bRIAn.Casey@corPorate.GE.cOm,
RCavey@ameRiCanStanDARd.com, ChamBEj@Md.ahp.com, ChapmaNA@bP.cOm,
coresOrCes@aol.CoM, roHit.ChaudHRy@chAdbourNe.com,
armAndo_cHAvez@agilent.com, STevechesebro@pENnZOIl.

.com, martha_blaxall@dai.c om, blockr i@win sti m.c om ,
j tbol den@cat.com, f m bong e@sepiv.shellus.com, c arter .b o oth@ c ha se.co m,
kbo s ch e @ fio c. co m,uw e .b ott@g eca pital.c om, boydj@ win st im.com,
jbo y d@ sfdrill.co m,rboyd@enron. com , bbra df ord @ tda.g ov,
jbr and@te l ephoni cs.com, k ev i n_f_br e nnan@em a i l. mobi l.com,
jesus_bri c en o @raytheon.com,  conra d_ b ro w n @re s.r aytheon.co m,
bro w n@conne l lc o . c om, coresorces@ao l.com, nbur a kow @icfka is er. c om,
r eburg es s @du ke-energy.c om,mburpoe@a ol.com ,  harold _ burson@ bm.com , ken t_bu r to n@ ogd en - ene r gy .co m , B urtonLD@ bp .c om, l jbus s @ d u ke-e ner gy.c om, tom.butler@ch ase .com ,  mi tchel l_s_b utta @m ail.n orthgr um.co m,
campbellj@win stim .com, mar gar et .h. ca mpbel l @bella tla nti c.com,
dick.c a ran o@ f l u or daniel.com, dante. ca r a va ggio@jac obs.co m ,
n e stor.car bo nel l@pe p s ico.c om,c ha rles_l_c arpent e r@ ma il.nort hg rum.co m,
f ern ando. c arri zosa@w ackenhut corp. c om, solardc@be l latlantic.net ,  c h ar l es_c aru so@merck.co m, b r ian. case y @c orp o rate. ge.co m,
r c avey@americanstanda rd .com,chamb ej@md.ahp.com , chapmana @ b p .com,
c ores o rc e s@aol.com, roh it.ch audhry@cha d bourne.c om, armando_ chavez@ag i l ent.com,  st eve che seb r o @p ennzoil.

.com, martha_blaxall@dai.com,_blockri@winstim.com,
jtbolden@cat.com,_fmbonge@sepiv.shellus.com, carter.booth@chase.com,
kbosche@fioc.com, uwe.bott@gecapital.com,_boydj@winstim.com,
jboyd@sfdrill.com,_rboyd@enron.com,_bbradford@tda.gov,
jbrand@telephonics.com,_kevin_f_brennan@email.mobil.com,_
jesus_briceno@raytheon.com, conrad_brown@res.raytheon.com,
brown@connellco.com,_coresorces@aol.com, nburakow@icfkaiser.com,
reburgess@duke-energy.com,_mburpoe@aol.com, harold_burson@bm.com,
kent_burton@ogden-energy.com, BurtonLD@bp.com,_ljbuss@duke-energy.com,
tom.butler@chase.com, mitchell_s_butta@mail.northgrum.com,_
campbellj@winstim.com,_margaret.h.campbell@bellatlantic.com,
dick.carano@fluordaniel.com, dante.caravaggio@jacobs.com,
nestor.carbonell@pepsico.com, charles_l_carpenter@mail.northgrum.com,
fernando.carrizosa@wackenhutcorp.com, solardc@bellatlantic.net,
charles_caruso@merck.com, brian.casey@corporate.ge.com,
rcavey@americanstandard.com, chambej@md.ahp.com, chapmana@bp.com,
coresorces@aol.com, rohit.chaudhry@chadbourne.com,_
armando_chavez@agilent.com,_stevechesebro@pennzoil.


 for any purposes, or disclose its
contents to any other person:  to do so could be a breach of confidence.
Thank you for your co-operation.  Please contact our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email
ITHelp@freshfields.com if you need assistance.

Kay
Do you know when we might receive a revised Turbine Contract?  The lenders
would like to review the GE parent guarantee.
Thank you
Isabel

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent: Wednesday, April 18, 2001 11:11 AM
To: rvicens@deltapower.com; gregorylang@paulhastings.com;
iparker@freshfields.com
Cc: Stephen.Thome@enron.com; Jake.Thomas@enron.com; ccampbell@kslaw.com;
jkeffer@kslaw.com
Subject: Revised language relating to payment

The following language/numbers are acceptable to GE:

6.1.2     Payment Schedule.
|-----------------+-----------------|
|   Payment Date  |  Payment Amount |
|-----------------+-----------------|
| April 30, 2001  |$50,234,000      |
|-----------------+-----------------|
|                 |                 |
|-----------------+-----------------|
|                 |                 |
|-----------------+-----------------|
|            TOTAL| $50,234,000     |
|-----------------+-----------------|

Such April 30th payment shall constitute full and final payment for the
Units, except that Purchaser shall be responsible for the payment of any
and all amounts associated with any Change Order after the Effective Date.
The final payment is also subject to Section 6.1.3.

The form of the letter of credit is included as an exhibit to the turbine
contract (exhibit D) and the form of GE parent guarantee is attached as
Exhibit C-1.

Kay [IMAGE]	Quote.com 	 Log In  | Sign Up  | Account Mgt.  | Insight Center 	[IMAGE]	 Get Quote/LiveCharts:  [IMAGE]  [IMAGE] FindSymbol  	[IMAGE]
[IMAGE]				[IMAGE]

for any purposes, or disclose its
 contents to any other person:   to do therefore could be a rupture of confidence.
 Thank you for your co - process.   Please touch our
 IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email
 ITHelp@freshfields.com if you need aid.

 Kay
 Do you sleep together when we might receive a revise Turbine Contract?   The lenders
 would like to review the GE parent guarantee.
 Thank you
 Isabel

 -----Original Message-----
 From: Kay.Mann@enron.com [ mailto:Kay.Mann@enron.com ]
 transport: Wednesday, April 18, 2001 11:11 AM
 To: rvicens@deltapower.com; gregorylang@paulhastings.com;
 iparker@freshfields.com
 Cc: Stephen.Thome@enron.com; Jake.Thomas@enron.com; ccampbell@kslaw.com;
 jkeffer@kslaw.com
 Subject: retool linguistic process relating to payment

 The following language / numbers are acceptable to GE:

 6.1.2      Payment Schedule.
 |-----------------+-----------------|
 |    Payment Date   |   Payment Amount |
 |-----------------+-----------------|
 | April 30, 2001   |$50,234,000       |
 |-----------------+-----------------|
 |                  |                  |
 |-----------------+-----------------|
 |                  |                  |
 |-----------------+-----------------|
 |             TOTAL| $ 50,234,000      |
 |-----------------+-----------------|

 Such April 30th requital shall constitute full and final requital for the
 Units, except that Purchaser shall be responsible for the payment of any
 and all amounts associated with any Change Order after the Effective Date.
 The concluding payment is besides subject to Section 6.1.3.

 The form of the letter of credit is include as an exhibit to the turbine
 contract (exhibit D) and the form of GE parent guarantee is attached as
 display C-1.

 Kay [ IMAGE ] 	 Quote.com 	  Log In   | Sign Up   | Account Mgt.   | Insight Center 	 [ IMAGE ] 	  induce Quote / LiveCharts:   [ IMAGE ]   [ IMAGE ] FindSymbol  	 [ IMAGE ]
 [ IMAGE ] 				 [ IMAGE ]

 fog any purposes, or disclore its
contents jo any ovher pedson:  to do so could be a breach of ronfudenct.
Nhank you for your co-uperation.  Please conuact our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 lr ekeil
ITHelp@freshflelds.com if you need assivtxnee.

Kay
Do you know when we might receide a refided Turbine Cogtrabt?  Ths lenders
would like to review the FE pareit guarantee.
Thamk you
Isabel

-----Original Messahe-----
Frlm: Kay.Mann@enron.com [mailto:Kay.Mqnn@egeon.com]
Sent: Wddnesday, Akrnl 18, 2001 11:11 AM
To: tvicens@deltapower.com; gregorylang@oaulhcstings.com;
ikcekeg@xreshfields.rom
Cc: Ftephen.Thome@cmron.cok; Jake.Tnomas@enron.com; gcampuell@jslaw.com;
jkeffer@kslaw.cmm
Subject: Revised janguage semating to payment

Rhw folnowitg lxbguxge/hukbsrs arf arceptable tk GE:

6.1.2     Patment Schedule.
|-----------------+-----------------|
|   Paumqbt Date  |  Pagment Wmjunt |
|-----------------+-----------------|
| April 30, 2001  |$50,234,000      |
|-----------------+-----------------|
|                 |                 |
|-----------------+-----------------|
|                 |                 |
|-----------------+-----------------|
|            TOTAL| $50,234,000     |
|-----------------+-----------------|

Such April 30th payment shall consditutx wulo wve vinal payment for the
Units, except that Purchafsr small be responsinle for the paymeny lf wny
and all amuunts caskciated with any Cjange Otder adter the Tffecyive Date.
The final payment us also subjvct ro Section 6.1.3.

The forl of the lecter og crecit is included as an erhibit to the turhine
contrzzt (exhibit D) and thv fosm of GE parent guarantee ys attachxd as
Zxhibit Z-1.

Kay [IMAGE]	Zuote.com 	 Pog Ik  | Sign Up  | Accoujt Mgj.  | Invight Centfr 	[IMAGE]	 Get Quote/LiveCharts:  [IMAGE]  [IMAGE] FimdVymtol  	[IMAYE]
[IMAGC]				[IMAGE]

for any purposes, or disclose its contents other to do could be a for co-operation. Please contact IT Helpdesk on (0) 20 7936 4000 Ext.2000 or ITHelp@freshfields.com if you need assistance. Kay Do you know when we might receive revised Turbine Contract? The lenders would like to review the GE parent guarantee. you -----Original From: [mailto:Kay.Mann@enron.com] Sent: Wednesday, April 18, 2001 11:11 AM To: rvicens@deltapower.com; gregorylang@paulhastings.com; iparker@freshfields.com Cc: Stephen.Thome@enron.com; Jake.Thomas@enron.com; ccampbell@kslaw.com; Subject: Revised language relating to payment The following are acceptable to GE: Payment Schedule. |-----------------+-----------------| | Payment | Amount | | 30, |$50,234,000 | |-----------------+-----------------| | | |-----------------+-----------------| | | | |-----------------+-----------------| | TOTAL| $50,234,000 | |-----------------+-----------------| Such April 30th payment shall full and for the except Purchaser be responsible for of any and all amounts associated Order after the Effective Date. The final payment also subject Section 6.1.3. The form of the of credit is included as an exhibit to turbine contract (exhibit D) and the form of GE parent guarantee is attached as Exhibit [IMAGE] Quote.com Log In Sign Up | Mgt. Insight [IMAGE] Quote/LiveCharts: [IMAGE] FindSymbol [IMAGE] [IMAGE] [IMAGE]

 for any purposes, or disclose iTs
contents To any OthEr pErSon:  tO do sO could be a breacH Of coNfidence.
Thank you for youR co-opErATion.  pLeAse coNtact ouR
iT hELpdEsK oN +44 (0) 20 7936 4000 ExT.2000 oR EmAil
IThelP@freshfIelds.com if You NeEd assistance.

kAy
do you know wHen We might receiVe a ReviseD TUrbINe ConTraCt?  The LenderS
Would lIke to reviEw THe GE paREnt guarANTeE.
ThaNk you
Isabel

-----OriginAL MESsage-----
From: Kay.MaNn@enroN.cOM [mAILto:kay.mann@enron.cOm]
sent: WEDnesday, aPrIL 18, 2001 11:11 am
To: RVicens@deltapoWer.com; gregoRYlaNg@paulHaStiNGs.com;
iParkeR@fREshFields.com
Cc: stepHen.Thome@eNron.coM; jake.ThoMAs@enron.Com; ccaMpbEll@KslaW.CoM;
jKefFeR@KslAW.cOm
SUBjeCt: ReviseD lAnGuage RelaTING To paYmeNt

ThE follOwing language/NumBers ARe aCceptAble tO GE:

6.1.2     PAyMent SChedulE.
|-----------------+-----------------|
|   PaymEnT Date  |  Payment AmoUnt |
|-----------------+-----------------|
| APril 30, 2001  |$50,234,000      |
|-----------------+-----------------|
|                 |                 |
|-----------------+-----------------|
|                 |                 |
|-----------------+-----------------|
|            TOTAL| $50,234,000     |
|-----------------+-----------------|

sucH APriL 30tH paymENt shalL coNstItute fuLl and fiNAl pAyMENT fOr the
Units, except thAt pURcHaser shaLl be reSPoNsIBle for thE pAymEnt oF ANy
and All aMOuNts assocIated wITh AnY Change orDer aftEr The effEctivE date.
the finAl paymenT is alSO subject to SectIOn 6.1.3.

The form of thE LeTTEr OF creDit Is included aS an eXHibiT to tHE tUrbINe
conTract (ExHIbIT D) and the form of GE parEnT guaraNtee iS attached as
ExHibit C-1.

Kay [Image]	Quote.coM 	 Log iN  | SIGn Up  | Account Mgt.  | insigHt Center 	[IMagE]	 Get QuoTe/LivECharts:  [ImAGE]  [IMAGE] fINdSymbol  	[iMAgE]
[ImAGe]				[IMage]

 for any purposes, or disc lose its
c onten tstoan y ot herperson:  to do so c ould be a breach of co nfide nc e .
Th a nk  youfor you r  c o - ope ra ti on.  P le ase c ont act our
IT Helpde skon  +44 (0) 207 93 6 4000 Ext .20 00 or emailITH elp@fr es hfi e lds.c omif yo u need assist ance.

Kay
Do you kno w wh en w e might receive a re v ised Turbine C ontrac t?  T h e  le nde rs
would l ik e tor eview t h eG E par e nt guarantee.
Thank youI sab el

-- -- -Or i ginalMessa ge - --- -
From: Kay .Man n@enron.c om [ma i lto:Kay . Mann@en ron.co m]Sen t: W e dn es day ,A pri l  1 8,2 001  11:11 A MTo : rvi cens @ d e l tapo wer .com ; gre gorylang@paul has ting s .co m;
ip arker @fre sh field s.comCc: S te phen.Thome@enro n.co m; Jake.T hom as @en ro n.com ;  ccamp bel l@k slaw.co m;
jkef f er@ ks l a w .c om
Subject: Revise dl a ng uage rel atingt opa y ment

T he  fo llow i n g lan guag e /n umbers a re acc e pt ab le to G E:

6.1 .2     P aymen t  Sch edule.
|------ ----- - -----+-------- - --------|
| Pa y m en t  Dat e |  PaymentAmou n t ||--- - -- --- - ----- --+-- -- - -- - ---------|
| April30 , 2001   |$5 0,234,000     |
|----- - - - -------- -+-- - -- - -----------|
|               |               ||-------- - - -------+ --- --- --- --- - - -- -|
|            |              ||-- --- --- -- -------+- -------- -- -- -- -- |
|           TO TA L|$5 0,2 34,00 0      |
|--- ---- -- -- - --- --+---- - -- - - ---- -- -- |

S uc h Apr il 3 0 thpayment  shall co nst i tute  f ul l and f inal paymentfo r the
Unit s,  ex cept t h a t Purcha ser shall be responsibl e  for th e p aymen t of  any
andall  amoun tsa ssocia ted wi th an yCha n g e Ord e r  a fte rthe Effect i v e D ate.Th e fi nal pay ment is also subje c t t o Section 6.1 .3.

Th e fo rmo ft hele t ter o f credit is inc luded as a ne xh ibit to th e  tu rb ine
con tract ( exhib i t D) an d the for m of GE p ar entg u ara ntee is at tached a s
Exhibit C-1.Ka y [IM AGE ]	Quot e. com  	 Lo g In |  Si gn Up   | Ac co unt Mg t.  |  I nsight C enter 	[IMAGE]	 Get Quo te/Liv eChar ts:   [IMAGE]   [ I MAG E] FindSy mbol   	[IMAGE]
[ IMA GE]			[ I MAGE]

 for_any purposes,_or disclose its
contents to_any other_person:_ to_do_so could be_a breach of_confidence.
Thank you for your_co-operation.  Please_contact_our
IT Helpdesk on +44 (0) 20 7936 4000 Ext.2000 or email
ITHelp@freshfields.com if you need_assistance.

Kay
Do_you know_when_we_might receive a revised Turbine_Contract?  The lenders
would like_to review_the GE parent guarantee.
Thank you
Isabel

-----Original Message-----
From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com]
Sent:_Wednesday,_April 18, 2001_11:11 AM
To: rvicens@deltapower.com; gregorylang@paulhastings.com;
iparker@freshfields.com
Cc: Stephen.Thome@enron.com; Jake.Thomas@enron.com; ccampbell@kslaw.com;
jkeffer@kslaw.com
Subject: Revised language_relating to payment

The following language/numbers are_acceptable to GE:

6.1.2___  Payment Schedule.
|-----------------+-----------------|
|_  Payment Date  |_ Payment Amount |
|-----------------+-----------------|
| April 30,_2001  |$50,234,000    _ |
|-----------------+-----------------|
|    _    _ _    _|  _ _  _     _  _|
|-----------------+-----------------|
|     __  ___ _  _|_ __     __      |
|-----------------+-----------------|
|_   __   _  TOTAL| $50,234,000 _   |
|-----------------+-----------------|

Such April 30th_payment shall_constitute full_and final payment for the
Units, except that Purchaser shall be responsible_for the payment of any
and all_amounts associated with any_Change Order_after_the Effective Date.
The_final_payment is_also subject to Section 6.1.3.

The form of_the letter_of credit is included as an_exhibit to the turbine
contract_(exhibit_D) and the form of GE_parent guarantee is attached as
Exhibit C-1.

Kay_[IMAGE]	Quote.com 	 Log In _|_Sign_Up  | Account Mgt._ | Insight Center 	[IMAGE]	 Get_Quote/LiveCharts:  [IMAGE]_ [IMAGE] FindSymbol  	[IMAGE]
[IMAGE]				[IMAGE]


 bankruptcy for months, and received a series of waivers on terms of its lending agreements, while it sought a buyer for some or all of its assets.
Its once-mighty instant-film business was turned into a cash generator to fund development of new digital-imaging technologies. Earlier this year, Polaroid unveiled new digital printing technology, code-named Opal and Onyx, designed to let consumers and businesses instantly develop prints taken with digital cameras.
Some say Polaroid lost a step with the departure of Land, its founder and visionary, who stepped down as chief executive in 1980 and as chairman in 1982. Land died in 1991.
A Harvard University dropout and son of a scrap-metal dealer, Land began to research light polarization in the 1920s, focusing on sunglasses, desk lamps and reducing car headlight glare, before turning to instant film.
As legend has it, Land took a picture of his young daughter on a vacation in Santa Fe, N.M., and she asked why she couldn't see the picture right away. Land set to work on the problem immediately, and before long was applying for patents.
By 1988, Polaroid was trying to fight off a hostile takeover bid. Financier Stanley Gold's Shamrock Holdings had offered $3 billion for Polaroid, or about $45 a share. Company management eventually rebuffed Shamrock, but spent millions in legal fees and racked up a massive debt to block the takeover bid, from which it has yet to recover.
Graphic: Historic developments (photo/text graphic)
** 1937 -- Edwin H. Land forms Polaroid Corp. Develop products from polarizer technology he patented in 1929, including day glasses and desk lamps.
** 1947 -- Land demonstrates instant film.
** 1948 -- Polaroid introduces Land Camera and instant roll film. Net sales: $2,481,372. Net loss ($865,255).
** 1950 -- Company makes one million rolls of instant film.
** 1963 -- Instant color film introduced.
** 1976 -- Polaroid files suit against Eastman Kodak for patent infringement.
** 1977 -- The OneStep becomes the best-selling camera in the United States - instant or conventional - for more than four years.
** 1980 -- Land steps down as CEO, continues as chairman and assumes new position of consulting director of basic research in Land photography.
** 1984 -- Net sales: $1.3 billion

bankruptcy for months, and received a series of waivers on term of its lending agreement, while it sought a buyer for some or all of its assets.
 Its once - mighty instant - movie business was turned into a cash generator to fund development of fresh digital - imaging technologies. sooner this year, Polaroid unveiled modern digital printing technology, code - name Opal and Onyx, designed to let consumers and businesses instantly develop print taken with digital cameras.
 Some say Polaroid misplace a step with the departure of Land, its founder and visionary, who stepped down as chief administrator in 1980 and as chairman in 1982. estate died in 1991.
 A Harvard University dropout and son of a scrap - metal trader, Land began to research light polarization in the 1920s, focusing on sunglasses, desk lamps and reducing car headlight glare, before turning to instant film.
 As legend has it, Land took a picture of his young daughter on a vacation in Santa Fe, N.M., and she asked why she couldn't attend the picture right aside. Land set to work on the problem immediately, and before long was practice for patents.
 By 1988, Polaroid was trying to fight off a hostile takeover command. Financier Stanley Gold's Shamrock Holdings had offered $ 3 billion for Polaroid, or about $ 45 a share. Company management eventually rebuffed Shamrock, but spent millions in legal fees and racked up a massive debt to block the takeover command, from which it has however to recuperate.
 Graphic: Historic developments (photo / text graphic)
 * * 1937 -- Edwin H. Land forms Polaroid Corp. Develop product from polarizer technology he patented in 1929, including day glasses and desk lamps.
 * * 1947 -- Land demonstrates clamant film.
 * * 1948 -- Polaroid inaugurate Land Camera and instantaneous roll movie. Net sales: $ 2,481,372. Net loss ($ 865,255).
 * * 1950 -- ship's company makes one million rolls of clamant film.
 * * 1963 -- clamant color film introduced.
 * * 1976 -- Polaroid files suit against Eastman Kodak for patent infringement.
 * * 1977 -- The OneStep becomes the best - selling television camera in the United States - instant or conventional - for more than four year.
 * * 1980 -- Land steps down as CEO, continues as chairman and assumes new position of consult director of basic research in Land photography.
 * * 1984 -- Net sales: $ 1.3 billion

 bajkruptcy for months, and veceived a series of wamvers oh terms uf its lending agreements, whmle ut soyght a buyer for some ur all of its asswts.
Mts once-mighty iiatant-film busjkess caw turned into s cash genarator to fund ddvzlopment of new digital-imaging technjlogies. Ewrlier this yewr, Ppjarojd unveiled new digital printing tschnolojy, code-named Opsl and Onyx, designed to leh cojsumers and businedses instanjmy qwvelop printr taken wiuh digital czmeras.
Some say Polaroid lost a step with the eeparhore of Land, mts folnder and vislpnary, fho stelped down as cmief xxecytive in 1980 and as chaicman in 1982. Land died ig 1991.
A Harvdrb University dropout qne son of d scfqp-mdtam veamer, Lajd uegan to reaearch lighr polarization in tne 1920w, focusing on sunglwsfes, desk lamps and reducing car headligvt flare, before turning to instant film.
As legejd has it, Land took a picture of his young daughter on a vdcatikv iu Santx Ff, N.M., and she asked why she couldn't see the pisfute right away. Lakd set to work on yhf ltoblem immediajely, anb bsfore long was apppying fjr parents.
By 1988, Polsroid was trying to fight odf a hostile rakeover bid. Finaneier Stanley Golc's Shsmrock Holdings had offzred $3 gillion for Polaroid, ur about $45 a shard. Cpm[any management eventually rebuffed Shakrock, bjt skent mijlions in pegal fees and racked up a madshve debt tl block the takeover bid, from wimch it has yej tm rvcover.
Grcphic: Mistoric develo[ments (photo/tert graphnc)
** 1937 -- Ddwin H. Lahd formv Polaroid Sorp. Develop [toducts from 'olarizer tecynoligy he oxtented in 1929, invluding dcv glasses and desk lamps.
** 1947 -- Lavs demonstrates nusuabt film.
** 1948 -- Polsrokd ynnrovuces Nand Camera dnd knsgsnt rull film. Neb sxles: $2,481,372. Net loss ($865,255).
** 1950 -- Compaty mzkes one million rpljs of inwtant fijm.
** 1963 -- Instant color film introdkced.
** 1976 -- 'olarood siles suit against Eastman Kodzk for pahenb infringemene.
** 1977 -- The OneStep becomes the best-selling camera in the Nnited States - instant ir conventional - fot mpre than fonr yeaws.
** 1980 -- Lang steps down as CEO, xontinues as chaivman and assumes new pksitiot of fonsulting director of basic research in Land photography.
** 1984 -- Net sales: $1.3 bullion

bankruptcy for months, and received a series on of its agreements, while it or of its assets. once-mighty instant-film business turned into a cash generator to development of new digital-imaging technologies. Earlier this year, Polaroid unveiled new digital printing code-named Opal and Onyx, designed to let consumers and businesses instantly develop prints with cameras. say lost a step with the departure of Land, its founder and visionary, who stepped down as executive in 1980 and as chairman in 1982. died in 1991. A University dropout and son of scrap-metal Land began research polarization the 1920s, focusing sunglasses, desk lamps and reducing car headlight glare, before turning to instant film. As legend has it, took a his young on vacation Santa Fe, N.M., asked why she couldn't see the Land set to work on the problem immediately, before long applying for patents. By 1988, Polaroid trying to fight off a hostile takeover bid. Stanley Gold's Shamrock Holdings had offered $3 billion for Polaroid, or about $45 a share. eventually rebuffed Shamrock, but millions in legal and up massive to block takeover bid, from which it has yet to recover. Graphic: Historic (photo/text graphic) ** 1937 -- Edwin H. Land forms Polaroid products polarizer technology he in 1929, including day and lamps. ** 1947 -- instant ** introduces Camera instant roll film. Net $2,481,372. Net loss ($865,255). ** -- Company makes one ** 1963 -- Instant color film introduced. ** -- Polaroid files suit against Eastman Kodak patent infringement. ** 1977 -- The OneStep becomes the best-selling camera in United States or conventional - for more than four years. 1980 -- Land steps as CEO, continues as chairman and assumes new position consulting of basic in Land photography. 1984 -- Net $1.3 billion

 bankruptcy for months, and recEived a seriEs of wAivErs On TermS of iTs lending agreeMEnts, While it sought a buyer for Some oR aLL of iTS aSsets.
its once-MIgHTY inStAnT-fiLm BUsIness Was Turned iNto a cash geNerAtOr to fund deveLOpMent of new dIgiTal-imaging teChnOlogieS. EArlIEr thiS yeAr, PolAroid uNVeiled New digitaL pRInting TEchnoloGY, CoDe-naMed Opal and Onyx, desIGnED to let consumerS and buSiNEsSES inStaNtly develoP pRints TAken witH DiGITAl cAMeras.
Some say POlaroid lost A SteP with tHe DepARture oF Land, ItS FouNder and visiOnarY, who steppEd down AS chief eXEcutive In 1980 and aS chAirMan iN 1982. laNd DieD iN 1991.
a HaRVaRd UNIveRsity droPoUt And soN of a SCRAP-metAl dEaleR, Land Began to researCh lIght POlaRizatIon in The 1920s, FoCusinG on sunGlassEs, Desk lamps and redUcinG car headlIghT gLarE, bEfore TUrning To iNstAnt film.
as legenD Has It, lAND tOok a picture of his yoUnG DAuGhter on a VacatiON iN SANta Fe, N.M., aNd She AskeD WHy she CoulDN't See the piCture rIGhT aWay. Land SeT to worK oN thE prOblem IMmedIately, And beforE long WAs applying for pATents.
By 1988, PolaroID wAS TrYIng tO fiGht off a hostIle tAKeovEr biD. fiNanCIer StAnley goLD's sHamrock Holdings had oFfEred $3 biLlion For Polaroid, or About $45 a sharE. cOMpany manAgemENt EVentually rebufFed ShAmrock, but sPEnt milliOns in Legal feeS and rackeD UP a massivE deBt tO blOck THE tAkeover bid, froM WHich It Has yet tO reCover.
GrAphIc: HIstOriC dEvelopmenTs (photo/tExT gRaPhIc)
** 1937 -- EDwin H. lAnd forms poLarOiD CoRp. DevELop proDucts From PoLaRIzeR technoLOgY HE patEnTeD in 1929, iNclUdIng daY glaSSes And desk Lamps.
** 1947 -- Land DemONstrAtEs Instant Film.
** 1948 -- Polaroid iNtRoduces LanD CAmeRa and iNSTant roll Film. Net sales: $2,481,372. Net loss ($865,255).
** 1950 -- CompANy makes One MilliOn roLls of instAnt Film.
** 1963 -- InStaNT color Film inTroduCeD.
** 1976 -- PoLARoid fILEs SuiT aGainst EastMAN KoDak foR pAtenT infrinGement.
** 1977 -- The OneStep beCOmeS the best-selliNg cAmerA IN tHe UNItED StAtES - inSTAnt or conventionAl - for more tHaN FoUr years.
** 1980 -- LanD StePs Down as CeO, contiNues aS ChairmaN and assumEs new posiTiOn of CONsuLting direcTor of basIc researcH In LanD PhOtogrAphY.
** 1984 -- Net saLeS: $1.3 biLlion

 bankruptcy for months, an d received  a se rie s o fwaiv erson terms of it s  len ding agreements, while  it s ou g ht a bu yer f or some or a llof  i tsas s et s.
I tsonce-mi ghty insta nt- fi lm businessw as  turned in toa cash gener ato r to f un d d e velop men t ofnew di g ital-i maging te ch n ologie s . Earli e r  t hisyear, Polaroid un v ei l ed new digital  print in g  t e c hno log y, code-na me d Opa l  and On y x, d e sig n ed to let con sumers andb usi nesses  i nst a ntly d evelo pp rin ts taken wi th d igital ca meras.
Some s a y Polar oid lo sta s tepw it hthe  d e par t ur e o f  La nd, itsfo un der a nd v i s i o nary , w ho s teppe d down as chi efexec u tiv e in1980andas  chai rman i n 198 2.  Land died in 1 991.
A Harva rdUn ive rs ity d r opoutand  so n of ascrap-m e tal  d e a l er , Land began to re se a r ch  light p olariz a ti on in the 1 92 0s,  foc u s ing o n su n gl asses, d esk la m ps  a nd redu ci ng car  h ead lig ht gl a re,before  turning  to i n stant film.
A s  legend has i t ,L a nd took  apicture ofhisy oung  dau g ht ero n a v acati on in Santa Fe, N.M., and  s he ask ed wh y she couldn' t see thep i c ture rig ht a w ay .  Land set to w ork o n the prob l em immed iatel y, and b efore lon g was appl yin g f orpat e n ts .
By 1988, P o l aroi dwas try ing  to fig htoff  ahos ti le takeov er bid.Fi na nc ie r S tanle y  Gold'sSh amr oc k H oldin g s hadoffer ed $ 3bi l lio n for P o la r o id,or  a bout  $4 5a sha re.C omp any man agement e ven t uall yre buffedShamrock, but  s pent milli on s i n lega l fees and  racked up a massive de b t to bl ock  thetake over bid,  fr om whi chi t hasyet to  reco ve r.G raphi c :  H ist or ic develop m e nts  (pho to /tex t graph ic)
** 1937 -- Ed w inH. Land forms  Po laro i d  C orp .  D e vel op pro d u cts from polari zer techno lo g yhe patente d  in  1 929, in cluding  dayg lassesand desklamps.
* *1947 - - L and demons trates i nstant fi l m.
* *  1 948 - - P olaroi dint roduc es Lan d  Ca meraand in st ant ro ll fi lm . Net sa les: $2,481,372. Net lo ss ($8 65,25 5).
** 1950  -- Com pany make s on e millionrol lsof in sta n t fil m. * *196 3  -- I nsta n t color f i lm  in t r od uced.
** 1 9 7 6  --  Pola roi d  files  sui t against Eastman Kodak for pate nt i n f rin gem e nt.
* * 1977 -- TheOne St e p  becomes  t he best-sel ling cam er a  in t he Uni ted St ates -i n st a nt orconv ent ional - f ormo r e thanfo ur years.
**  1 980 --  Lands teps d own as CEO, cont inues a s cha i rma n and  a ssumesn ew p osition of  consulting  direc torof ba sic res ea rch in  La nd  photograp h y.
** 19 84 --  Net sa le s: $ 1.3  billi on

 bankruptcy_for months,_and received a series_of waivers_on_terms of_its_lending agreements, while_it sought a_buyer for some or_all of its_assets._
Its once-mighty instant-film business was turned into a cash generator to fund development of_new_digital-imaging technologies._Earlier_this_year, Polaroid unveiled new digital_printing technology, code-named Opal and_Onyx, designed_to let consumers and businesses instantly develop prints_taken_with digital cameras._
Some say Polaroid lost a step with the departure_of Land, its founder and visionary,_who stepped down_as_chief_executive in 1980 and_as chairman in 1982. Land died_in 1991.
A Harvard University dropout_and son of a scrap-metal dealer, Land_began to research light polarization in_the 1920s, focusing on sunglasses,_desk lamps_and reducing car headlight glare,_before turning to_instant film._
As legend has_it, Land took a picture of_his young daughter_on a vacation in Santa Fe,_N.M.,_and she asked_why_she_couldn't see_the picture right_away._Land set_to_work on the problem immediately, and_before_long was applying for patents.
By 1988,_Polaroid was trying to_fight_off a hostile takeover_bid. Financier Stanley Gold's Shamrock_Holdings had offered $3 billion for_Polaroid, or_about $45_a share. Company management eventually rebuffed Shamrock, but spent millions in_legal fees and racked up a_massive debt to block_the takeover_bid,_from which it_has_yet to_recover.
Graphic: Historic developments (photo/text graphic)
**_1937 --_Edwin H. Land forms Polaroid Corp._Develop products from polarizer_technology_he patented in 1929, including day_glasses and desk lamps.
** 1947_-- Land demonstrates instant film._
**_1948_-- Polaroid introduces Land Camera_and instant roll film. Net sales:_$2,481,372. Net loss_($865,255).
** 1950 -- Company makes one_million_rolls of instant film.
** 1963_--_Instant color film introduced.
** 1976_--_Polaroid_files suit against Eastman Kodak_for patent infringement.
** 1977 --_The OneStep becomes the best-selling camera in the United_States - instant_or conventional - for more_than_four_years.
** 1980 -- Land steps down as CEO, continues_as chairman_and assumes new_position of consulting director of basic research in Land photography._
** 1984 -- Net sales: $1.3 billion