 The White House says
all options to
  combat the current low reserves of various fuels and high prices are under
consideration. In
  the past, however, the oil reserve has been tapped to combat mechanical
breakdowns in
  the oil industry's pipeline system or to trade lower-quality oil for a
better grade.

  "If the Strategic Petroleum Reserve is released, that would knock $15 a
barrel off the price,"
  Verleger said. "One piece of news like that and this [crude oil price] will
drop like a rock."

  At least for the winter months, electric utilities generally have found a
way around the high
  price of oil and natural gas that some of them must use during peak-demand
periods in the
  summer to generate electricity. They're able to focus their winter
generation on cheaper
  fuels--coal, nuclear and hydroelectric power.

  "That's cheaper fuel and fuel that's less subject to the volatility of the
world oil and world
  natural-gas markets," said Chuck Linderman, director of energy generation
and supply
  policy for the Edison trade group. "Generally we're in good shape on
supply."

  Contact: http://www.washingtonpost.com

  Copyright, 2000 Dow Jones & Company, Inc. All Rights Reserved. In This Email:
The Valentine's Day Countdown Has Begun
Great Wines and Gifts
Two Weeks to ZAP Mania
Wine Team Picks

The Valentine's Day Countdown Has Begun

Although you might have gotten the impression the holidays were over,
the most important day of the year for lovers is just around the
corner. At wine.com, we believe that fine wine -- and the surrender
to the senses that it invites -- is love, so in anticipation of the
(more-rapidly-approaching-than-you-think) date of February 14, we've
officially opened our Valentine Shop. In it, you'll find all kinds of
romantic gift packages, suggestive sweets, personalized wine labels,
and... oh, yes, special wines from all over the world, arranged in
amorous combinations. Browse the shop now, and

The White House says
 all options to
   combat the current low reserve of diverse fuels and high prices are under
 retainer. In
   the past, however, the oil reserve has been solicit to battle mechanical
 breakdowns in
   the oil industry's pipeline system or to deal lower - quality oil for a
 better mark.

   " If the Strategic Petroleum Reserve is released, that would knock $ 15 a
 barrel off the price, "
   Verleger said. " One piece of news program like that and this [ crude oil price ] will
 flatten like a rock. "

   At least for the winter months, electric utilities generally have recover a
 way around the high
   price of oil and natural accelerator that some of them must use during peak - demand
 periods in the
   summer to generate electricity. They're able to focus their winter
 generation on cheaper
   fuels -- coal, nuclear and hydroelectric power.

   " That's cheaper fuel and fuel that's less subject to the volatility of the
 world oil and world
   lifelike - gasoline markets, " say Chuck Linderman, film director of energy generation
 and supply
   policy for the Edison trade wind group. " Generally we're in good shape on
 supply. "

   liaison: http://www.washingtonpost.com

   Copyright, 2000 Dow Jones & Company, Inc. All Rights Reserved. In This Email:
 The Valentine's Day Countdown Has Begun
 Great Wines and Gifts
 Two Weeks to ZAP Mania
 Wine Team Picks

 The Valentine's Day Countdown Has Begun

 Although you might have gotten the impression the holidays were over,
 the most important day of the class for lovers is merely around the
 corner. At wine.com, we believe that fine wine -- and the surrender
 to the senses that it invite -- is love, so in anticipation of the
 (more - quickly - approaching - than - you - intend) date of February 14, we've
 officially opened our Valentine Shop. In it, you'll line up all kinds of
 romantic gift packages, suggestive sweet, personalized wine label,
 and... oh, yes, special wine from all over the world, arranged in
 amorous combinations. crop the shop now, and

 Thf White House says
all oktions to
  combat the cucrent lkw reserxes of various fuels and higi pruces qre under
consideratiov. In
  the past, hoqevec, the oil reservx has becu taplcd to rombat mechanicsl
breakdofns in
  the oin knbustry's pipeline system or to trade jower-qusllty oil for a
fetttr drads.

  "If the Strategic Petroleum Resedve is geleased, that woukd knock $15 a
barrel off the prife,"
  Verleger said. "Lne piece od nerw like that xnd this [cgbde oil pride] will
drop like a rock."

  At lexst fpr the winjze mltths, electrmc utijities generally hava found a
way around bhe hmgh
  price of oil and natnral gas that some os them muvt use during peak-dwmqnd
pgriodv in rhe
  shmked to gfnecate electrjcity. They'rw able to focus theor qinter
generafion og sheaper
  fuels--coal, nuclear and hydroelebtrid power.

  "That's cheaper duel and fuel that's lgss subjece to the volatility of the
world oil and world
  ndturam-eas mwfjehs," said Chuck Linderman, director of energy gegsrstpon
and supply
  pjlicy for tne Ecyson trade gruup. "Geusrzlly we're in good dhape og
supply."

  Conuact: nttp://www.washingtonpost.com

  Cppyright, 2000 Dow Jones & Coopang, Inc. All Rlghts Ressfved. In This Emakl:
Tme Ealentint'r Day Countdown Hws Begun
Jreat Wines xnd Bifts
Ewo Weeks ho ZAI Mania
Wine Team Plcks

Jhe Vanentine's Dwy Countdown Has Begun

Although bpu might havg gmttvn the im'ressipn the holidars were over,
tke most nmportxnt day of the yeer for loverf is just arogjd the
cornec. At wine.som, qe bwlieve gfat fine wine -- and the surrender
ro the senses that it jnvites -- is lovz, wo in anticipatoon of tje
(mjse-rapidly-appsoacfine-yhan-yuu-think) datc ow Fenruary 14, we've
officianly kpened our Valentime Shop. In it, you'lj find all kimds of
romantic givt parkages, suggrstyve sweets, personalized wine lzbels,
and... oh, yes, special wincs ftom all ovex the world, arranged in
amorous combinatmons. Browse the shop noq, and

The White House says all options to current reserves of fuels and high the however, the oil has been tapped combat mechanical breakdowns in the oil pipeline system or to trade lower-quality oil for a better grade. "If the Petroleum Reserve is released, that would knock $15 a barrel off the price," said. piece news that and this [crude oil price] will drop like a rock." At least for the winter electric utilities generally have found a way around high price of oil natural gas that some of must during peak-demand in summer generate electricity. They're to focus their winter generation on cheaper fuels--coal, nuclear and hydroelectric power. "That's cheaper fuel and fuel less subject volatility of world and natural-gas markets," said director of energy generation and supply Edison trade group. "Generally we're in good shape supply." Contact: Copyright, 2000 Dow Jones & Company, All Rights Reserved. In This Email: The Valentine's Countdown Has Begun Great Wines and Gifts Two Weeks to ZAP Mania Wine Team Picks Day Countdown Has Begun you might have the the were the most day of the year for lovers is just around the corner. wine.com, we believe that fine wine -- and the surrender senses it invites -- love, so in anticipation the date of February 14, opened Valentine you'll all of romantic gift packages, sweets, personalized wine labels, and... yes, special wines from in amorous combinations. Browse the shop now, and

 The White House says
all optioNs to
  combat The cuRreNt lOw ReseRves Of various fuels ANd hiGh prices are under
considEratiOn. iN
  the PAsT, howeVer, the oIL rESErvE hAs BeeN tAPpEd to cOmbAt mechaNical
breakDowNs In
  the oil induSTrY's pipeline SysTem or to trade LowEr-qualItY oiL For a
bEttEr graDe.

  "If thE strateGic PetrolEuM reservE Is releaSED, tHat wOuld knock $15 a
barrel oFF tHE price,"
  Verleger Said. "OnE pIEcE OF neWs lIke that and ThIs [cruDE oil priCE] wILL
DroP Like a rock."

  At leAst for the wiNTer Months, ElEctRIc utilIties GeNEraLly have founD a
waY around thE high
  pRIce of oiL And natuRal gas ThaT soMe of THeM mUst UsE DurINg PeaK-DemAnd
perioDs In The
  suMmer TO GENeraTe eLectRicitY. They're able to FocUs thEIr wInter
GenerAtioN oN cheaPer
  fueLs--coaL, nUclear and hydroeLectRic power.

  "THat'S cHeaPeR fuel ANd fuel ThaT's lEss subjEct to thE VolAtILITy Of the
world oil and woRlD
  NAtUral-gas mArkets," SAiD CHUck LindeRmAn, dIrecTOR of enErgy GEnEration
aNd suppLY
  pOlIcy for tHe edison TrAde GroUp. "GenERallY we're iN good shaPe on
sUPply."

  Contact: httP://Www.washingtonPOsT.COm

  cOpyrIghT, 2000 Dow Jones & CoMpanY, inc. ALl RiGHtS ReSErved. in ThiS EMAiL:
the Valentine's Day CouNtDown HaS BeguN
Great Wines anD Gifts
Two WEEKS to ZAP MaNia
WINe tEam Picks

The ValEntinE's Day CountDOwn Has BeGun

AlThough yoU might havE GOtten the ImpResSioN thE HOlIdays were over,
THE mosT iMportanT daY of the yEar For LovErs Is Just arounD the
cornEr. at WiNe.Com, We belIEve that fInE wiNe -- And The suRRender
To the SensEs ThAT it Invites -- IS lOVE, so iN aNtIcipAtiOn Of the
(More-RApiDly-apprOaching-thAn-yOU-thiNk) DaTe of FebRuary 14, we've
offiCiAlly opened OuR VaLentinE sHop. In it, yOu'll find all kinds of
romanTIc gift pAckAges, sUggeStive sweeTs, pErsonaLizED wine lAbels,
aNd... oh, yEs, SpeCIAl winES FrOm aLl Over the worLD, ArrAnged In
AmorOus combInations. Browse the sHOp nOw, and

 The White House says
all  options t o
  c omb atth e cu rren t low reserves of v arious fuels and highprice sa re u n de r
co nsidera t io n .  In
 t hepa s t,  howe ver , the o il reserve  ha sbeen tappedt ocombat mec han ical
breakd own s in
 t heo il in dus try's  pipel i ne sys tem or to  t r ade lo w er-qual i t yoilfor a
better gra d e.
  "If the Str ategic  P e tr o l eum  Re serve is r el eased ,  that w o ul d k noc k  $15 a
barre l off the p r ice ,"
  V er leg e r said . "On ep iec e of news l ikethat andthis [ c rude oi l  price]  will
dr oplike aro ck. "  A t  l eas t  fo r the wi nt er  mont hs,e l e c tric  ut ilit ies g enerally have  fo unda
w ay ar oundthehi gh
 priceof oi land natural gas  tha t some of  th em  mu st  used uringpea k-d emand periods inth e  s ummer to generateel e c tr icity. T hey're ab le to focus  t hei r wi n t er
g ener a ti on on ch eaper f ue ls--coa l,  nucle ar  an d h ydroe l ectr ic pow er.

  " That' s  cheaper fuela nd fuel that' s  l e s ss ubje ctto the vola tili t y of  the
w orl d  oiland w or l d natural-gas market s, " said  Chuc k Linderman,director o f e nergy ge nera t io n
and supply
 poli cy for the Edison t radegroup. " Generally w e're ingoo d s hap e o n
s upply."

  C o n tact :http:// www .washin gto npo st. com

  C o pyrigh t, 20 00 D ow  J o nes  & Comp a ny , Inc.  A ll  Rig hts  R eserv ed.I n T his Ema il:
The V ale n tine 's  D ay Coun tdown Has Beg un
Great Wi ne s a nd Gif t s
Two We eks to ZAP Mania
WineT eam Pic ks

Th e Va lentine's  Da y Coun tdo w n HasBegun
Alth ou ghy o u mig h t  h ave  g otten thei m pre ssion  t he h olidays  were over,
the m o stimportant day  of  the y ea r f o rl ove rs isj u st around the corner. At  w i ne .com, we b e lie ve  that f ine win e --a nd thesurrender
to these nses t hat  it invite s -- islove, soi n ant i ci patio n o f the
( mor e-rap idly-a p pro achin g-than -y ou-thi nk) d at e of Feb ruary 14, we've
offici ally o pened  ou r Valenti neS hop . In it,you' ll find al l k ind s of
ro m antic  gif t  p ack a ges,sugg e stive swe e ts , p e r so nalized win e l abe ls, and . .. oh,  yes , special wines f r om all over th e wo r l d,arr a nged  i n
amorous com bin at i o ns. Brow se  the shop n ow, and

 The_White House_says
all options to
_ combat_the_current low_reserves_of various fuels_and high prices_are under
consideration. In
_ the past,_however,_the oil reserve has been tapped to combat mechanical
breakdowns in
  the oil_industry's_pipeline system_or_to_trade lower-quality oil for a_
better grade.

  "If the_Strategic Petroleum_Reserve is released, that would knock $15 a_
barrel_off the price,"
_ Verleger said. "One piece of news like that_and this [crude oil price] will_
drop like a_rock."

__At least for the_winter months, electric utilities generally have_found a
way around the high
_ price of oil and natural gas_that some of them must use_during peak-demand
periods in the
_ summer_to generate electricity. They're able_to focus their_winter
generation_on cheaper
 _fuels--coal, nuclear and hydroelectric power.

 _"That's cheaper fuel_and fuel that's less subject to_the_volatility of the_
world_oil_and world
_ natural-gas markets,"_said_Chuck Linderman,_director_of energy generation
and supply
 _policy_for the Edison trade group. "Generally we're_in good shape on_
supply."_

  Contact: http://www.washingtonpost.com_

    _     _ _ _          _     _   _ __  __ _

 _Copyright, 2000_Dow Jones & Company, Inc. All_Rights Reserved. In This_Email:
The_Valentine's Day Countdown Has Begun
Great_Wines and Gifts
Two Weeks to_ZAP Mania
Wine Team Picks_

The_Valentine's_Day Countdown Has Begun

Although you_might have gotten the impression the_holidays were over,_
the most important day of the year_for_lovers is just around the
corner._At_wine.com, we believe that fine wine_--_and_the surrender
to the senses_that it invites -- is love,_so in anticipation of the
(more-rapidly-approaching-than-you-think) date of February_14, we've
officially_opened our Valentine Shop. In_it,_you'll_find all kinds of
romantic gift packages, suggestive sweets, personalized_wine labels,_
and... oh, yes,_special wines from all over the world, arranged in
amorous_combinations. Browse the shop now, and


actions   14   125
 Volume of Transactions (BBl's)   144,000   1,408,000
 Gross Notional Value $   5,158,000   48,445,000

 U.S. Coal

 Number of Transactions   -     73
 Volume of Transactions (st)   -     2,033,325
 Gross Notional Value $   -     25,548,683

 U.S. Pulp & Paper

 Number of Transactions   -     4
 Volume of Transactions (st)   -     2,550
 Gross Notional Value $   -     1,500,750

 Emmissions

 Number of Transactions   1   58
 Volume of Transactions   2,500   145,000
 Gross Notional Value $   345,000   18,982,650

 U.S. Weather

 Number of Transactions   1   83
 Volume of Transactions    1   88
 Gross Notional Value $   820   53,639

 UK Weather

 Number of Transactions   -     6
 Volume of Transactions    -     6
 Gross Notional Value $   -     1,688

 Number of Users Logging onto EnronOnline:
 External Users with Execution rights    798
 External Users with No Execution Rights    93

 Internal Trading
 18-Feb-00  To Date
 Gas

 Number of Transactions   47   1,963
 Volume of Transactions (mmbtu's)   25,021,919   776,982,725
 Gross Notional Value $   45,908,000   1,285,300,657

 Power

 Number of Transactions   -     32
 Volume of Transactions (MWh's)   -     440,440
 Gross Notional Value $   -     15,479,584

 Coal

 Number of Transactions   -     -
 Volume of Transactions (st)   -     -
 Gross Notional Value $   -     -

 Emmissions

 Number of Transactions   -     -
 Volume of Transactions (st)   -     -
 Gross Notional Value $   -     -

actions    14    125
  Volume of Transactions (BBl's)    144,000    1,408,000
  Gross Notional Value $    5,158,000    48,445,000

  U.S. Coal

  Number of Transactions    -      73
  Volume of Transactions (st)    -      2,033,325
  Gross Notional Value $    -      25,548,683

  U.S. Pulp & Paper

  numeral of Transactions    -      4
  bulk of Transactions (st)    -      2,550
  Gross Notional Value $    -      1,500,750

  Emmissions

  Number of Transactions    1    58
  Volume of Transactions    2,500    145,000
  Gross Notional Value $    345,000    18,982,650

  U.S. Weather

  Number of Transactions    1    83
  book of Transactions     1    88
  Gross Notional Value $    820    53,639

  UK Weather

  Number of Transactions    -      6
  Volume of Transactions     -      6
  Gross Notional Value $    -      1,688

  issue of exploiter Logging onto EnronOnline:
  External Users with Execution rights     798
  External Users with No Execution Rights     93

  Internal Trading
  18 - Feb-00   To Date
  Gas

  Number of Transactions    47    1,963
  book of Transactions (mmbtu's)    25,021,919    776,982,725
  Gross Notional Value $    45,908,000    1,285,300,657

  Power

  Number of Transactions    -      32
  Volume of Transactions (MWh's)    -      440,440
  Gross Notional Value $    -      15,479,584

  Coal

  phone number of Transactions    -      -
  bulk of Transactions (st)    -      -
  Gross Notional Value $    -      -

  Emmissions

  Number of Transactions    -      -
  Volume of Transactions (st)    -      -
  Gross Notional Value $    -      -

actlons   14   125
 Volume of Trxnsactions (BBl's)   144,000   1,408,000
 Gross Notionau Value $   5,158,000   48,445,000

 U.S. Coal

 Numbtg of Transactions   -     73
 Vollme of Trqnsartions (st)   -     2,033,325
 Gross Notiohwl Vclne $   -     25,548,683

 O.S. Pulp & Papar

 Number ow Cransactions   -     4
 Volume of Tranfactionx (dt)   -     2,550
 Grjss Mjtiohal Value $   -     1,500,750

 Emmissions

 Numuer of Transactoons   1   58
 Volume of Trandactlons   2,500   145,000
 Gross Jotional Vaoue $   345,000   18,982,650

 U.S. Deather

 Number of Transactions   1   83
 Volume of Granscctions    1   88
 Htoss Notionao Valle $   820   53,639

 ML Weatver

 Number of Trsnsectiins   -     6
 Volume oh Transactions    -     6
 Grosv Uotional Value $   -     1,688

 Numter ud Urera Kofging lntk EnronOnljne:
 Exteenal Users with Exevueppn rights    798
 Extqrgal Users with No Execution Rights    93

 Jnternal Trading
 18-Feb-00  To Date
 Gas

 Nomber of Twansactions   47   1,963
 Volume of Transactions (mmbtu's)   25,021,919   776,982,725
 Grisf Bohional Value $   45,908,000   1,285,300,657

 Power

 Number of Twznxabtions   -     32
 Vjlume of Trsndavjions (MWh's)   -     440,440
 Ydoas Notional Value $   -     15,479,584

 Xoal

 Numner of Transactions   -     -
 Volume oy Teansactions (st)   -     -
 Grors Nptionsl Value $   -     -

 Zmmissjons

 Nkmber of Ffansactions   -     -
 Volume of Transactions (se)   -     -
 Yross Nogionsl Valte $   -     -

actions 14 125 Volume of Transactions (BBl's) Gross Value $ 48,445,000 U.S. Coal Volume Transactions (st) - Gross Notional Value - 25,548,683 U.S. Pulp & Paper of Transactions - 4 Volume of Transactions (st) - 2,550 Gross Notional Value - 1,500,750 Emmissions Number of Transactions 1 58 Volume of Transactions 2,500 145,000 Notional $ 18,982,650 Weather Number of Transactions 1 83 Volume of Transactions 1 88 Gross Notional Value $ 820 UK Weather Number of Transactions - 6 Volume Transactions - 6 Gross Value $ - 1,688 Number Users onto EnronOnline: Users Execution 798 External Users No Execution Rights 93 Internal Trading 18-Feb-00 To Date Gas Number of Transactions 47 1,963 Volume of (mmbtu's) 25,021,919 Notional Value 45,908,000 Power of Transactions - of Transactions (MWh's) - 440,440 Gross - 15,479,584 Coal Number of Transactions - - of Transactions - - Gross Notional Value $ - Emmissions Number of Transactions - - Volume Transactions (st) - - Gross Notional Value $ - -

actions   14   125
 Volume of TransactioNs (BBl's)   144,000   1,408,000
 GrosS NotiOnaL VaLuE $   5,158,000   48,445,000

 U.S. COal

 NUmber of TransacTIons   -     73
 volume of Transactions (st)   -     2,033,325
 gross noTIonaL vaLue $   -     25,548,683

 U.S. pulp & PapER

 NUMBer Of trAnsAcTIoNs   -     4
 VolUme Of TransActions (st)   -     2,550
 GRosS NOtional Value $   -     1,500,750

 eMmIssions

 NumBer Of TransactioNs   1   58
 VOlume oF TRanSActioNs   2,500   145,000
 GRoss NOtionaL value $   345,000   18,982,650

 U.s. Weather

 NUmBEr of TrANsactioNS   1   83
 voLume Of Transactions    1   88
 GroSS NOTional Value $   820   53,639

 UK WEather

 nuMBeR OF TrAnsActions   -     6
 VolUmE of TrANsactioNS    -     6
 GROSS NoTIonal Value $   -     1,688

 NumBer of Users LOGgiNg onto enRonoNline:
 EXternAl uSerS with ExecutIon rIghts    798
 ExteRnal UsERs with NO executiOn RighTs    93

 INteRnal tRaDiNg
 18-FEb-00  tO DaTE
 GAs

 NUMbeR of TransAcTiOns   47   1,963
 VoLume OF tRAnsaCtiOns (mMbtu's)   25,021,919   776,982,725
 gross Notional valUe $   45,908,000   1,285,300,657

 PoWEr

 NUmber Of TraNsacTiOns   -     32
 VoLume of transAcTions (MWh's)   -     440,440
 Gross NOtioNal Value $   -     15,479,584

 COal

 nuMbeR oF TranSActionS   -     -
 VoLumE of TranSactionS (St)   -     -
 GRoSS nOtIonal Value $   -     -

 EmmissioNs

 nUMbEr of TranSactioNS   -     -
 VOlUMe of TranSaCtiOns (sT)   -     -
 gRoss NOtioNAl value $   -     -

actions   14   125
 Volum e of Trans actio ns(BB l' s)  144 ,000   1,408,0 0 0
Gross Notional Value $    5, 15 8 ,000  48,44 5,000  U .S.  C oa l    Numb erof Tran sactions  -   73
 Volum e  o f Transact ion s (st)   -   2,033, 32 5 Gross  No tiona l Valu e  $   -      25,5 48 , 683

 U.S.P u lp  & P aper

 Numbe r  o f  Transactions  -   4  V olu meof Transac ti ons ( s t)   - 2 , 550
 Gross Notio nal Value $   -      1 ,5 00, 7 50

 Emm is s ion s

 Nu mber  of Trans action s    1  5 8
 Vol ume of  Tr ans acti o ns   2, 50 0   1 45 ,00 0
Gross No ti on al Va lue$ 345, 000    1 8,982 ,650

 U.S . W eath e r
   Numb er o fTrans action s   1   83
 Volume of  Tra nsactions    1   88
 Gr o ss Not ion alValue $    820 53 ,6 3 9

 UK Weather
 N um ber of T ransac t io ns   -    6
 V olum e of Tr ansa c ti ons    -      6
Gr oss Not io nal Va lu e $   -   1,68 8

 Numb er of Users Loggingo nto EnronOnli n e:  Exte rna l Users wit h Ex e cuti on r i gh ts  798
 Ex te r na l  Users with No Exec ut ion Ri ghts   93

 I nternal Tr a d i ng
 1 8-Fe b -0 0   To Date
 Ga s
 Number of Trans actio ns   47  1,963 V olume of  Tr ans act ion s (m mbtu's)   25, 0 2 1,91 9  776,9 82, 725
 G ros s N oti ona lValue $  45,908, 00 0 1, 285 ,300, 6 57

Po wer

 Nu m ber of  Tran sact io ns   -      32
V o lume  o fTran sac ti ons ( MWh' s )  -    440,440  Gr o ss N ot io nal Val ue $   -    15 ,479,584
 C oal
 Numbe r of Transactions   -   -    Vo lumeof T ransactio ns(st)  -   -
 Gro ss No ti ona l Value $   -   -
  E mmi ssion s

 Numb er of Transactions   -      -
 Vo lum e of T ra nsa c ti o ns(s t ) -      -
 Gros s Notional  V a lu e $   -   -

actions _ 14_  125
_Volume of_Transactions_(BBl's) __144,000  _1,408,000
 Gross_Notional Value $ _ 5,158,000 __48,445,000

 U.S. Coal

 Number of Transactions__ -___  73
 Volume_of Transactions (st)  _- _   2,033,325
 Gross Notional Value_$_  -_    25,548,683

 U.S._Pulp & Paper
_
 Number_of_Transactions_  - _   4
 Volume_of Transactions (st)   -_    2,550
 Gross_Notional Value $   -_    1,500,750_
 _
 Emmissions
_
 Number_of Transactions_  1_  58
 Volume of_Transactions  _2,500   145,000
 Gross_Notional_Value $ __345,000_ _18,982,650
 _
_U.S. Weather__

 Number of_Transactions_  1   83
_Volume of Transactions __ 1  _88
 Gross Notional Value_$   820  _53,639
_
_UK Weather

 Number of Transactions _ -    _6
 Volume of_Transactions __ - __ _6
 Gross Notional Value $ _ -_    1,688
_

_Number_of Users Logging onto EnronOnline: _
 External Users with Execution_rights    798_
_External_Users with No Execution Rights_   93

 _
 Internal Trading_
 18-Feb-00  To Date_
_Gas

_Number_of Transactions   47 __1,963_
 Volume of Transactions (mmbtu's)_  25,021,919   776,982,725_
 Gross Notional Value $   45,908,000 _ 1,285,300,657
_
 Power  _
__
 Number of Transactions   -   _ 32_
 Volume of_Transactions (MWh's)   -     440,440_
 Gross Notional Value $  _-     15,479,584

 Coal _

 Number of Transactions _ -     -_
 Volume_of_Transactions (st)   -  ___-_
_Gross Notional Value_$  _- _  _- _
 _
_Emmissions

 Number of Transactions   -     - _
 Volume of Transactions (st)_  -  __ - _
 Gross Notional_Value $   -   _ -


 And prices on the California Power Exchange
began
  behaving strangely, spiking higher and higher even in the middle of the
night when demand
  was low.

  San Diego-area electricity users began seeing "true market prices from a
market that's
  dysfunctional," Baum said. "Of course I wish we had foreseen this market
spike. We
  didn't."

  Consumer fury has been calmed somewhat by a new law that caps electricity
prices for
  SDG&E residential and small-business customers at 6.5 cents a
kilowatt-hour, compared
  with the 21.5-cent peak this summer. Who will eventually pay the
electricity costs above
  the cap, currently collecting in a balancing account, is left unclear by
the legislation.

  It could mean a big balloon payment for customers, or some of the costs
could be shared
  by SDG&E if a PUC investigation finds that the utility didn't act in the
best interests of its
  customers in buying electricity. A companion bill that would use $150
million in taxpayer
  funds to defray some of the costs passed the Legislature but has not been
signed by Gov.
  Gray Davis.

  "I don't think that we did anything wrong," Baum said. "This is a bum rap
that has been
  hung on us, on SDG&E, that we somehow mismanaged the power supply for our
  customers."

  PUC officials and consumer advocates have criticized SDG&E for not
"hedging" more by
  buying ahead of time when prices are relatively low, for example. SDG&E
said that it asked
  the commission for such authority but didn't get it. What's more, Baum
said, SDG&E found
  better prices for its customers than did SCE or PG&E, even though they have
broader
  hedging ability.

  SDG&E will have to borrow money to pay for the electricity, since
ratepayers aren't paying
  the full cost. SDG&E says the under-collection of electricity costs could
eventually top
  $800 million, whereas sponsors of the rate-cap bill put

And prices on the California Power Exchange
 began
   behaving strangely, spike eminent and higher even in the middle of the
 night when need
   was low.

   San Diego - area electricity user began seeing " truthful market prices from a
 marketplace that's
   dysfunctional, " Baum said. " Of course I wish we had envision this grocery store
 spike. We
   didn't. "

   Consumer fury has been calmed somewhat by a fresh law that caps electricity
 prices for
   SDG&E residential and little - business customers at 6.5 cents a
 kilowatt - hour, compared
   with the 21.5 - penny peak this summer. Who will finally pay the
 electricity costs above
   the cap, currently collect in a balancing account, is left unclear by
 the legislation.

   It could mean a boastful balloon payment for customers, or some of the costs
 could be shared
   by SDG&E if a PUC investigation finds that the utility didn't act in the
 best interests of its
   customer in buy electricity. A companion bill that would practice $ 150
 million in taxpayer
   investment company to defray some of the price passed the Legislature but has not been
 signed by Gov.
   Gray Davis.

   " I don't think that we did anything wrong, " Baum said. " This is a bum knock
 that has been
   hung on us, on SDG&E, that we somehow mismanaged the power supply for our
   customers. "

   PUC officials and consumer advocate have criticized SDG&E for not
 " hedging " more by
   buying ahead of time when prices are relatively humble, for model. SDG&E
 said that it asked
   the commission for such authority but didn't get it. What's more, Baum
 say, SDG&E found
   better prices for its customer than did SCE or PG&E, even though they own
 broader
   hedging ability.

   SDG&E will consume to borrow money to pay for the electricity, since
 ratepayers aren't paying
   the full monetary value. SDG&E says the under - solicitation of electricity costs could
 eventually lead
   $ 800 million, whereas sponsors of the rate - crown bill arrange

 Anf prices on the Californla Power Exchangg
vegan
  behavjng stravgely, spiking higher and higier wven un the middle of the
nkght when demand
  was oow.

  San Dmsgo-area electdlcity nsers began seelng "true masket prices frmm a
market that's
  dysfunctional," Baum swid. "Of vokrse I wish we had soreavek this market
spike. We
  didn't."

  Cknsumer fury has beem calmed somewhat by a new law that caps electrifity
prices for
  SDG&E residevtial and small-businesa customers at 6.5 cents a
kilowatg-hour, compared
  wuth jhe 21.5-cent peaj thif summer. Who will evantuallu pay the
elecbricivy cists above
  the cap, cnrrently collecting yn a balatcnng account, is left ubcoear ty
tve ldtisuatjoi.

  Jt coupd jean a big balloon patment for customers, ow some of the dosts
sotld be shared
  by SDG&E if a PUC investicatjon finds that the utiluty didn't act in the
hest intewests of its
  customers in buying electricity. A cmmpanmov bnol thxr aould use $150
million in taxpayer
  funds to defrwg xoke of the costf passed thr Pebyslature but fas noc bsen
signed by Gov.
  Gray Dwvis.

  "I don't trink that we did anything wrong," Baum said. "Tkis is a bum rap
that has been
  kung om us, pn SDG&E, that we somehow misjanaged the power suloly for our
  cusgomvrs."

  PUC officials and consumew advocatxs hare critizizec SDG&E for not
"hfdginn" more by
  buying ajead lf time when prices are relatively low, for xeample. SDG&E
ssig tvat it afked
  the commissijn for such aujhority bbt didv't get it. Shat's mmre, Baum
sayd, SDG&E found
  better pricxs for itf cuwtomwrs thav did SCE or PG&R, even though they yave
broader
  hedglng acjlity.

  SDG&E wilo hqve to borrow mpneh tj iay fjs the electrhcith, skmce
rxtepayers aven'g pauing
  the full cost. VDG&E says the under-colkegtion of glectriciey costs coulc
eventually top
  $800 millmon, whxreas xpogsors of the rate-cap bill put

And prices on the California Power Exchange strangely, higher and even in the demand low. San Diego-area users began seeing market prices from a market that's Baum said. "Of course I wish we had foreseen this market spike. We Consumer fury has been calmed somewhat by a new law that caps electricity for residential small-business at 6.5 cents a kilowatt-hour, compared with the 21.5-cent peak this summer. Who will eventually pay electricity costs above the cap, currently collecting in balancing account, is left by the legislation. It could a balloon payment customers, some the costs could shared by SDG&E if a PUC investigation finds that the utility didn't act in the best interests its customers electricity. A bill would $150 million in to defray some of the costs but has not been signed by Gov. Gray "I don't that we did anything wrong," Baum "This is a bum rap that has been on us, on SDG&E, that we somehow mismanaged the power supply for our customers." PUC consumer advocates have criticized for not "hedging" by ahead time prices are low, for example. SDG&E said that it asked the commission for authority but didn't get it. What's more, Baum said, SDG&E prices its customers than SCE or PG&E, even they broader hedging ability. SDG&E to money the since aren't paying the full SDG&E says the under-collection of costs could eventually top the rate-cap bill put

 And prices on the California POwer ExchanGe
begAn
  bEhaViNg stRangEly, spiking highER and Higher even in the middle oF the
nIgHT wheN DeMand
  wAs low.

  SaN diEGO-arEa ElEctRiCItY userS beGan seeiNg "true markEt pRiCes from a
markET tHat's
  dysfunCtiOnal," Baum said. "of cOurse I WiSh wE Had foResEen thIs markET
spike. we
  didn't."

  CoNsUMer furY Has been CALmEd soMewhat by a new law thAT cAPs electricity
pRices fOr
  sdG&e REsiDenTial and smaLl-BusinESs custoMErS AT 6.5 CenTS a
kilowatt-houR, compared
  wiTH thE 21.5-cent pEaK thIS summeR. Who wIlL EveNtually pay tHe
elEctricity Costs aBOve
  the cAP, currenTly colLecTinG in a BAlAnCinG aCCouNT, iS leFT unClear by
tHe LeGislaTion.

  iT COUld mEan A big BalloOn payment for cUstOmerS, Or sOme of The coSts
cOuLd be sHared
  bY SDG&E If A PUC investigatiOn fiNds that thE utIlIty DiDn't acT In the
bEst IntErests oF its
  cusTOmeRs IN BUyIng electricity. A comPaNIOn Bill that Would uSE $150
mIlLIon in taxPaYer
  FundS TO defrAy soME oF the costS passeD ThE LEgislatUrE but haS nOt bEen
SigneD By GoV.
  Gray DAvis.

  "I don'T thinK That we did anythINg wrong," Baum saID. "THIS iS A bum Rap
That has been
  Hung ON us, oN SDG&e, ThAt wE SomehOw misMaNAgED the power supply for oUr
  CustomErs."

  PUc officials and Consumer adVOCAtes have CritICiZEd SDG&E for not
"heDging" More by
  buyiNG ahead of Time wHen priceS are relatIVEly low, foR exAmpLe. SdG&E
SAId That it asked
  thE COmmiSsIon for sUch AuthoriTy bUt dIdn'T geT iT. What's morE, Baum
saiD, SdG&e fOuNd
  bEtter PRices for ItS cuStOmeRs thaN Did SCE Or PG&E, Even ThOuGH thEy have
bROaDER
  hedGiNg AbilIty.

  sDg&E wilL havE To bOrrow moNey to pay fOr tHE eleCtRiCity, sinCe
ratepayers aReN't paying
  thE fUll Cost. SDg&e Says the uNder-collection of electriCIty costS coUld
evEntuAlly top
  $800 miLliOn, wherEas SPonsorS of the Rate-cAp BilL PUt

 And prices on the Califor nia PowerExcha nge
b eg an
 beh aving strangel y , sp iking higher and highe r eve ni n th e  m iddle  of the
n i g htwh en  de ma n d  was  lo w.

  S an Diego-a rea  e lectricity u s er s began se ein g "true mark etprices  f rom a
ma rke t tha t's
 d ysfunc tional,"Ba u m said .  "Of co u r se  I w ish we had forese e nt his market
sp ike. W e d i d n't ."
  Consume rfuryh as been ca l m e d s o mewhat by a n ew law that cap s elec tr ici t y
pri ces f or   S DG&E reside ntia l and sma ll-bus i ness cu s tomersat 6.5  ce nts  a k il ow att -h o ur, co mpa r ed  with t he  2 1.5-c entp e a k  thi s s umme r. Wh o will eventu all y pa y  th e
el ectri city  c ostsabove  the  c ap, currently c olle cting ina b al anc in g acc o unt, i s l eft  unclea r by
t h e l eg i s l at ion.

  It could m ea n abig ball oon pa y me nt for cust om ers , or s ome o f th e  c osts
co uld be sh ar ed
  by  S DG&E i fa P UCinves t igat ion fi nds that  theu tility didn'ta ct in the
be s ti n te r ests  of  its
  cust omer s  inbuyi n gele c trici ty. A  c o mp a nion bill that woul duse $1 50
m illion in tax payer
  fu n d s  to defr ay s o me of the costs p assed  the Legis l ature bu t has  not bee n
signed b y Gov.
 Gr ayDav is.  "I don't thin k that  w e did a nyt hing wr ong ,"Bau m s ai d. "Thisis a bum  r ap  th athas b e en
  hun gonus , o n SDG & E, tha t wesome ho wm ism anagedt he p ower  s up plyfor  o ur
 cust o mer s."

 PUC offic ial s  and  c on sumer a dvocates have  c riticizedSD G&E  for n o t
"hedgi ng" more by
  buying ah e ad of t ime  when  pri ces are r ela tively  lo w , forexampl e. SD G& E s a id th a t  i t a sk ed
  the c o m mis sionfo r su ch auth ority but didn't g e t i t. What's mor e,Baum sa id, SD G &Efo u ndbetter prices f or its cus to m er s than did SCE  o r PG&E,  even t hough they ha ve
broad er
  hedg in g ab i l ity .

  SDG&E  will ha ve to bor r ow mo n ey  to p ayfor th eele ctric ity, s i nce
rat epayer saren't  payi ng
  the f ull cost. SDG&E says th e unde r-col lec tion of e lec t ric ity costs  cou ld
eventu all y t op
 $80 0  mill ion, wh ere a s spo nsor s  of the r a te -ca p bi ll put

 And_prices on_the California Power Exchange_
began
 _behaving_strangely, spiking_higher_and higher even_in the middle_of the
night when_demand
  was_low.

_ San Diego-area electricity users began seeing "true market prices from a
market that's
__dysfunctional," Baum_said._"Of_course I wish we had_foreseen this market
spike. We
_ didn't."

_ Consumer fury has been calmed somewhat by_a_new law that_caps electricity
prices for
  SDG&E residential and small-business_customers at 6.5 cents a
kilowatt-hour,_compared
  with_the_21.5-cent_peak this summer. Who_will eventually pay the
electricity costs_above
  the cap, currently collecting_in a balancing account, is left unclear_by
the legislation.

  It could_mean a big balloon payment_for customers,_or some of the costs_
could be shared
_ by_SDG&E if a_PUC investigation finds that the utility_didn't act in_the
best interests of its
 _customers_in buying electricity._A_companion_bill that_would use $150_
million_in taxpayer
__funds to defray some of the_costs_passed the Legislature but has not been_
signed by Gov.
 _Gray_Davis.

  "I don't_think that we did anything_wrong," Baum said. "This is a_bum rap_
that has_been
  hung on us, on SDG&E, that we somehow mismanaged_the power supply for our
 _customers."

  PUC officials_and consumer_advocates_have criticized SDG&E_for_not
"hedging"_more by
  buying ahead of time_when prices_are relatively low, for example. SDG&E_
said that it asked
__the commission for such authority but_didn't get it. What's more, Baum_
said, SDG&E found
  better_prices_for_its customers than did SCE_or PG&E, even though they have_
broader
  hedging_ability.

  SDG&E will have to borrow_money_to pay for the electricity, since_
ratepayers_aren't paying
  the full cost._SDG&E_says_the under-collection of electricity costs_could
eventually top
  $800 million,_whereas sponsors of the rate-cap bill put


itation common stock, partnership interests, member interests. other
ownership interests, and other financial and physical assets."  Therefore,
the description should include both the nature of the "Asset" (i.e. whether
it is an equity interest, a loan, working interest, etc.) and a little bit
about the company (the entity in which ENA holds the interest or has the loan
or working interest).

Any comments to the Proposal Sheets should be delivered ASAP to the "Enron
person completing this form" (This is the 3rd line under the heading
"GENERAL" on each of the Proposal Sheets) along with a request that a revised
Proposal Sheet be returned to the lawyer providing comments with copies to
both Mary Cook and Lisa Mellencamp.

The pressure to complete these Raptor hedges remains high and therefore your
immediate attention is greatly appreciated.  Many thanks.

Stuart Telecommunications Reports presents..... TR's State NewsWire
February 1, 2001 A.M. Edition

STATES
MISSOURI -- PSC declines to support SW Bell's market-entry bid
IDAHO -- Senate confirms nomination of Hansen to PUC
ILLINOIS -- Ameritech says business market is becoming more competitive
WYOMING -- Senate to examine bill requiring PSC to regulate directory
assistance
MINN. -- Bill would authorize placement of commercial equipment on state
property
GEORGIA -- BellSouth and IDS Telcom dispute interconnection agreement
UTAH -- Legislators take a look at using mobile phones while driving

LONG DISTANCE
MISSOURI
PSC declines to support SW Bell's market-entry bid

The Public Service Commission yesterday decided against supporting
Southwestern Bell Telephone Co.'s efforts to obtain FCC permission
provide in-region interLATA (local access and transport area) service in
Missouri at this time, Commissioner Kelvin Simmons told TR.  But the
application could be supported if SW Bell addresses the PSC's concerns,
he said.  The PSC plans to deliberate on the request again as early as
Feb. 6, although a final decision won't be issued at that time, Simmons
said.

The PSC's concerns with SW Bell's request include pricing,
interconnection agreements, access to network elements, unbundled local
lo

itation common stock, partnership interests, member interest. early
 ownership interests, and early financial and forcible assets. "   Therefore,
 the description should admit both the nature of the " Asset " (i.e. whether
 it is an equity interest, a loan, ferment interest, etc .) and a little morsel
 about the company (the entity in which ENA holds the pastime or experience the loan
 or working interest).

 Any remark to the Proposal Sheets should be delivered ASAP to the " Enron
 person completing this form " (This is the third line under the heading
 " GENERAL " on each of the Proposal Sheets) along with a request that a revise
 Proposal Sheet be returned to the lawyer supply comments with copies to
 both Mary Cook and Lisa Mellencamp.

 The pressure to complete these Raptor hedges remain high and therefore your
 immediate attention is greatly appreciated.   Many thanks.

 Stuart Telecommunications Reports presents..... TR's State NewsWire
 February 1, 2001 A.M. Edition

 STATES
 MISSOURI -- PSC declines to support SW Bell's market - entry bid
 IDAHO -- Senate confirms nomination of Hansen to PUC
 ILLINOIS -- Ameritech says business market is become more competitive
 WYOMING -- Senate to examine bill want PSC to determine directory
 assistance
 MINN. -- Bill would authorize placement of commercial equipment on state
 place
 GEORGIA -- BellSouth and IDS Telcom dispute interconnection agreement
 UTAH -- Legislators consider a look at using fluid phones while driving

 LONG DISTANCE
 MISSOURI
 PSC declines to support SW Bell's market - entry bid

 The Public Service Commission yesterday decided against supporting
 Southwestern Bell Telephone Co.'s efforts to obtain FCC license
 provide in - area interLATA (local access and transport area) service in
 Missouri at this time, Commissioner Kelvin Simmons told TR.   But the
 lotion could be supported if SW Bell addresses the PSC's concerns,
 he said.   The PSC plans to deliberate on the request again as early as
 Feb. 6, although a final decisiveness won't be issued at that time, Simmons
 said.

 The PSC's concerns with SW Bell's request include pricing,
 interconnection agreement, access to net elements, unbundled local
 lo

itahion common stock, partnevship interests, member mnteresfs. other
ownership interests, and othxr funancual and physical assetr."  Thereflre,
the eescciption should iidlude both ths natbrx of the "Asset" (l.e. whether
ht is an equitf kncerest, a loan, working interest, etc.) agd a liytpe bit
about tre cpipang (the entity in which ENA holds ths intertst or has the loam
or working interest).

Any clmmejts to the Proposap Sheets shiuld ve delivered ASAP to the "Enron
peraon completing this form" (This ir the 3rd line ubdwr hve heading
"JENERAJ" on each of the Pro[osal Sneets) along wibh a cequwst that a revised
Prmposal Sheet be rejurned to dhz lawyer providing conmwnts fith copkws go
govh Jary Clok and Lisa Jellencamp.

The pressure to cpm[oete these Raltor hqddes remains high and therefore your
immtdiats attention is greatly qppreciated.  Many thajks.

Stuart Telecommunications Reports presents..... TR's State NefsWirx
Fdbrbqry 1, 2001 Q.M. Edition

STATES
MISSOURI -- PSC declines to suppowf XW Bell's market-ektry bid
IDAHO -- Senstf vjnfirms nominxtion of Gansen to PUC
ILLINLIS -- Amgritecy says bufinexs market is becoming more xompetitive
WJOMIBG -- Senate to examnne bill reqbiring PSC yo regulate directory
asristznce
MINN. -- Blll would xuthorize placemdnt ox commercial equipment on ftate
propxrty
GZORGIA -- CellXouth wnd IDS Tepcom dispute interconnechion cgreekent
UTAH -- Pegislators take a look at usinj mobile phongs fhine driviug

LONG DISTANCE
MISSJURI
PSC declings to sup'ort SD Bell's magket-entry bid

The Pubjic Service Cmlmission yesverday desidee agqinst sjoporting
Southwrstern Bell Telephobe Co.'s efforts to pbtxjn FCC permissiin
ptivide in-region ingerJANA (kosdl access ang trxnsoprt afea) service kn
Mixsouri at this time, Wommjssioner Kelvin Sikmjns told TR.  But the
applicatipn could be supporued if SW Bell adqresses the PSC's concerns,
he sajd.  The PDC ilans to deliferabe og the requzst again as early as
Feb. 6, although a finel decision won't be issyed at that time, Sikkons
said.

The PSC's concerns with SW Bell's requewt include pricinn,
interconnection agreejents, dccesd to network elements, unbundled local
lo

itation common stock, partnership interests, member interests. interests, other financial physical assets." Therefore, the of the "Asset" whether it is equity interest, a loan, working interest, and a little bit about the company (the entity in which ENA holds interest or has the loan or working interest). Any comments to the Proposal should delivered to "Enron person completing this form" (This is the 3rd line under the heading "GENERAL" on each the Proposal Sheets) along with a request that revised Proposal Sheet be to the lawyer providing comments copies both Mary and Mellencamp. pressure to complete Raptor hedges remains high and therefore your immediate attention is greatly appreciated. Many thanks. Stuart Telecommunications Reports TR's State 1, 2001 Edition MISSOURI PSC declines to Bell's market-entry bid IDAHO -- Senate Hansen to PUC ILLINOIS -- Ameritech says business is becoming competitive WYOMING -- Senate to examine requiring PSC to regulate directory assistance MINN. -- would authorize placement of commercial equipment on state property GEORGIA -- BellSouth and IDS Telcom agreement UTAH -- Legislators a look at mobile while LONG MISSOURI PSC to support SW Bell's market-entry bid The Public Service Commission yesterday against supporting Southwestern Bell Telephone Co.'s efforts to obtain FCC in-region (local access and area) service in Missouri this Commissioner Kelvin Simmons told the could SW addresses PSC's concerns, he said. PSC plans to deliberate on request again as early final decision won't be issued at that time, said. The PSC's concerns with SW Bell's include pricing, interconnection agreements, access to network elements, unbundled local lo

itation common stock, partnerShip intereSts, meMbeR inTeRestS. othEr
ownership intERestS, and other financial and pHysicAl ASsetS."  thErefoRe,
the deSCrIPTioN sHoUld InCLuDe botH thE nature Of the "Asset" (I.e. wHeTher
it is an eqUItY interest, a LoaN, working inteResT, etc.) anD a LitTLe bit
AboUt the CompanY (The entIty in whicH Ena holds THe interEST oR has The loan
or working iNTeREst).

Any comments To the PRoPOsAL sheEts Should be deLiVered asAP to thE "enRON
PerSOn completing tHis form" (This IS thE 3rd linE uNdeR The heaDing
"GeNerAL" On each of the propOsal SheetS) along WIth a reqUEst that A revisEd
PRopOsal sHeEt Be rEtURneD To The LAwyEr providInG cOmmenTs wiTH COPies To
bOth MAry CoOk and Lisa MellEncAmp.

THE prEssurE to coMpleTe These raptor HedgeS rEmains high and thErefOre your
imMedIaTe aTtEntioN Is greaTly AppReciateD.  Many thANks.

stUART TElecommunications REpORTs Presents..... tR's StaTE NEwSwire
FebrUaRy 1, 2001 A.m. EdiTIOn

STAtES
MisSoURI -- PSC dEclineS To SuPport SW beLl's marKeT-enTry Bid
IDahO -- SeNate coNfirms noMinatIOn of Hansen to PUc
iLLINOIS -- AmeriTEcH SAyS BusiNesS market is beComiNG morE comPEtItiVE
WYOMiNG -- SeNaTE tO Examine bill requirinG PsC to reGulatE directory
assIstance
MINn. -- bILl would aUthoRIzE Placement of comMerciAl equipmenT On state
pRoperTy
GEORGIa -- BellSoutH ANd IDS TelCom DisPutE inTERcOnnection agreEMEnt
UtAh -- LegislAtoRs take a LooK at UsiNg mObIle phones While driViNg

lOnG dIStANCE
miSSOURI
PsC DecLiNes To supPOrt SW BEll's mArkeT-eNtRY biD

The PubLIc sERvicE COmMissIon YeSterdAy deCIdeD againsT supportiNg
SOUthwEsTeRn Bell TElephone Co.'s efFoRts to obtaiN FcC pErmissION
provide In-region interLATA (local aCCess and TraNsporT areA) service iN
MiSsouri At tHIs time, commisSioneR KElvIN simmoNS ToLd Tr.  BUt the
appliCATioN coulD bE supPorted iF SW Bell addresses thE pSC'S concerns,
he saId.  THe PSc PLaNs tO DeLIbeRaTE on THE request again as Early as
Feb. 6, AlTHoUgh a final dECisIoN won't be Issued aT that TIme, SimmOns
said.

ThE PSC's concErNs wiTH sW BEll's requesT include Pricing,
inTErconNEcTion aGreEments, AcCesS to neTwork eLEmeNts, unBundleD lOcal
lo

itation common stock, part nership in teres ts,  me mb er i nter ests. other
o w ners hip interests, and oth er fi na n cial an d phy sical a s se t s ." T he ref or e ,
thedes criptio n should i ncl ud e both the n a tu re of the"As set" (i.e. w het her
i tisa n equ ity  inte rest,a  loan,  workingin t erest, etc.) a n d  a  lit tle bit
about th e  c o mpany (the ent ity in  w h ic h ENA  ho lds the in te resto r has t h el o a n o r working int erest).

An y  co mments  t o t h e Prop osalSh e ets  should bedeli vered ASA P to t h e "Enro n
perso n comp let ing  thi s  f or m"(T h isi sthe 3rd  line un de rthe h eadi n g "GEN ERA L" o n eac h of the Prop osa l Sh e ets ) alo ng wi th a  r eques t that  a re vi sed
Proposal S heet  be retur ned  t o t he  lawy e r prov idi ngcomment s withc opi es t o  both Mary Cook and  L i s aMellenca mp.
T he pressure  t o c ompl e t e the se R a pt or hedge s rema i ns  h igh and  t herefo re  yo ur
imme d iate  atten tion isgreat l y appreciated.  Many thanks.
S t u ar t  Tel eco mmunication s Re p orts  pre s en ts. . ... T R's S ta t eN ewsWire
February 1,  2 001 A. M. Ed ition

STATES
MISSOURI- - PSC decl ines to support SW Bel l's m arket-entr y  bid
IDA HO --  Senateconfirmsn o mination  of  Ha nse n t o PU C
ILLINOIS -- A meri te ch says  bu sinessmar ket  is  be co ming more  competi ti ve
W YO MIN G --S enate to  e xam in e b ill r e quirin g PSC  tore gu l ate  direct o ry a ssis ta nc e
MI NN.  - - Bil l wo u ldauthori ze placem ent of c om me rcial e quipment on s ta te
propert yGEO RGIA - - BellSout h and IDS Telcom disput e  interc onn ectio n ag reement
U TAH  -- Le gis l atorstake a  look  a t u s i ng mo b i le  ph on es while d r i vin g

LO NG  DIS TANCE
M ISSOURI
PSC declin e s t o support SWBel l'sm a rk et- e nt r y b id
Th e Public ServiceCommission  y e st erday deci d edag ainst s upporti ng
So u thweste rn Bell T elephoneCo .'se f for ts to obta in FCC p ermission provi d ein-re gio n inte rL ATA  (loc al acc e ssand t ranspo rt  area)  serv ic e in
Mis souri at this time, Com missio ner K elv in Simmon s t o ldTR.  Buttheapplicatio n c oul d besup p orted  ifS WBel l  addr esse s  the PSC' s  c onc e r ns ,
he said.T h e P SC pl ans to del iber ate on the reques t  again as earl y as F eb.  6, alth ou gh a final dec isi on w on't beis sued at tha t time,Si m monssaid.
The P SC's co n c er n s with  SWBel l's reque stin c lude pr ic in g ,
inte rcon ne ctionagreem e nts, a ccess to network  elem e n ts, u n bun dledlo cal
lo

itation common_stock, partnership_interests, member interests. other_
ownership interests,_and_other financial_and_physical assets." _Therefore,
the description_should include both the_nature of the_"Asset"_(i.e. whether
it is an equity interest, a loan, working interest, etc.) and a_little_bit
about_the_company_(the entity in which ENA_holds the interest or has_the loan_
or working interest).

Any comments to the Proposal Sheets_should_be delivered ASAP_to the "Enron
person completing this form" (This is_the 3rd line under the heading_
"GENERAL" on each_of_the_Proposal Sheets) along with_a request that a revised
Proposal_Sheet be returned to the lawyer_providing comments with copies to
both Mary_Cook and Lisa Mellencamp.  _

The pressure to complete these_Raptor hedges_remains high and therefore your_
immediate attention is_greatly appreciated._ Many thanks.

Stuart_Telecommunications Reports presents..... TR's State NewsWire
February_1, 2001 A.M._Edition

STATES
MISSOURI -- PSC declines to support_SW_Bell's market-entry bid
IDAHO_--_Senate_confirms nomination_of Hansen to_PUC
ILLINOIS_-- Ameritech_says_business market is becoming more competitive
WYOMING_--_Senate to examine bill requiring PSC to_regulate directory
assistance
MINN. -- Bill_would_authorize placement of commercial_equipment on state
property
GEORGIA -- BellSouth_and IDS Telcom dispute interconnection agreement
UTAH_-- Legislators_take a_look at using mobile phones while driving

LONG DISTANCE
MISSOURI
PSC declines to support_SW Bell's market-entry bid

The Public Service_Commission yesterday decided against_supporting
Southwestern Bell_Telephone_Co.'s efforts to_obtain_FCC permission
provide_in-region interLATA (local access and transport area)_service in
Missouri_at this time, Commissioner Kelvin Simmons_told TR.  But_the
application_could be supported if SW Bell_addresses the PSC's concerns,
he said. _The PSC plans to deliberate_on_the_request again as early as
Feb._6, although a final decision won't_be issued at_that time, Simmons
said.

The PSC's concerns with SW_Bell's_request include pricing,
interconnection agreements, access to_network_elements, unbundled local
lo


 with Jim Banker with Midwest Natural Gas from Whitehall, Wi.  He informed me that he had some concerns about whether or not he was being charged for penalty gas for daily volumes.  He showed me some gas volume statements that he recieved from GMS.  I believe it was the month of March Statement.  What the statement showed is average daily volumes instead of the actual volumes per day. (Ex. At  Eleva TBS Days 1 and 2 showed 122 MCF and Days 3-31  showed 118 MCF.)  These are charted stations with 31 day charts.  The stations that he is concerned about are Arcadia, Eleva, Independance, Mondovi, Strum, Whitehall #1,and  Whitehall #3.  Any assistance or knowledge that you can provide me would be greatly appreciated.  Thanks Scott 612-270-8501 We went into the FERC proceeding believing that the Chief ALJ was not
likely to give us a good decision.  During the course of the proceeding, we
convinced ourselves that he would rule our way due to the vast evidence in
our favor and the relatively inept presentation of El Paso and El Paso
Merchant Energy.  Well, despite the voluminous record in support of our
position, the judge ruled that it was "not at all clear" that El Paso
exercised market power.  The good news for your affiliates is that, if the
Commission does not find the exercise of market power in this case, it
never will.  We hope when the Commission reviews the entire record,
including the "protected material", they will change the ALJ's finding.  On
some level we believe that the ALJ just does not like California.  He is
the judge, after all, who told Harold Ray in the electric generation
settlement discussions that he was "an asshole".  The ironic part of the
decision is that we felt that a determination by the ALJ that defined the
market in such a way as to preclude EPME having market power would be
difficult to overcome at the Commission level.  Instead, he defined the
market as we suggested and found that El Paso had market power; he simply
failed to be convinced that they were withholding capacity despite the fact
that they utilized their capacity 54% of the time when everyone else was
utilizing their own capacity at a capacity factor of between 85% and 90%.
Go figure.

I am

with Jim Banker with Midwest Natural Gas from Whitehall, Wi.   He informed me that he had some concerns about whether or not he was being charged for punishment accelerator for daily volumes.   He testify me some flatulence volume statements that he recieved from GMS.   I think it was the month of March Statement.   What the statement showed is modal daily volumes rather of the actual volumes per day. (Ex. At   Eleva TBS day 1 and 2 showed 122 MCF and Days 3 - 31   showed 118 MCF .)   These are charted stations with 31 day charts.   The station that he is concerned about are Arcadia, Eleva, Independance, Mondovi, Strum, Whitehall # 1,and   Whitehall # 3.   Any assistance or knowledge that you can leave me would be greatly appreciated.   Thanks Scott 612 - 270 - 8501 We went into the FERC proceeding believe that the Chief ALJ was not
 likely to give us a good decision.   During the course of the proceeding, we
 convert ourselves that he would rule our way due to the vast evidence in
 our favor and the relatively inept presentation of El Paso and El Paso
 Merchant Energy.   Well, despite the tortuous record in support of our
 position, the judge ruled that it was " not at all clear " that El Paso
 exercised market power.   The full news for your affiliates is that, if the
 Commission does not receive the use of marketplace power in this case, it
 never will.   We hope when the Commission review the integral record,
 including the " protected fabric ", they will change the ALJ's finding.   On
 some level we believe that the ALJ just does not like California.   He is
 the evaluator, after all, who told Harold Ray in the electric generation
 settlement discussions that he was " an asshole ".   The dry region of the
 decision is that we felt that a determination by the ALJ that defined the
 market in such a way as to preclude EPME take marketplace power would be
 difficult to overwhelm at the Commission level.   Instead, he specify the
 market as we propose and found that El Paso induce market exponent; he simply
 failed to be convert that they were withholding capacity despite the fact
 that they utilized their capacity 54% of the time when everyone else was
 utilizing their own capacity at a capacity factor of between 85% and 90% .
 Go figure.

 I am

 wihh Jim Banker with Midwert Natural Gas yeom Whmtehall, Wi.  He knformed me that he had some cincerbs about whether or nog he was heing chqrgev for penalty gas for daljy vkpumev.  He showed me some gas eolume statemettr chat he recieved from GMS.  I believe it was tje month of Match Suatqmenf.  What the statement showed is avsrage deily volumes inxtead of the actual volumed peg day. (Ex. At  Eleva TBS Days 1 qnd 2 whowed 122 MCF xnd Days 3-31  showed 118 MCF.)  These are charted stations wigh 31 dcy charts.  Jkw shdtions that he if concerned about ara Arcadoa, Eleva, Indepcndanre, Mindovi, Strum, Whitehaln #1,and  Whitehall #3.  Any assivtcnce or knowledge thar tou cdn psoviaw md wkukd be grfatmy apprecizted.  Thankw Scott 612-270-8501 We went inuo eye FERC procesding fejieving that the Chief ALJ was not
likelj to give us a good decisiob.  During the course lf the prjceeding, we
convinced ourselves that he would rule our xah dbc gi hhe vast evidence in
our favor and the relativqmy ikept presentatiok of El Paso and Ek Oaxj
Merchant Enetgy.  Well, sespite the volumijous resord un supporu of pur
position, the judge ruled that it was "bot at all clear" tkat El Paso
erercisgd marlet power.  The good newr fod your affipiates is ghat, if the
Commirsipn does nou find the exercisq of markxt pocer in tfis vase, ie
never wilp.  We hope when the Commlssiou revhews the ejtire record,
including the "proterved material", jhef wpll changz the SLJ's finding.  On
some level ce beliere thag the ALJ nust doxs not like Salifornia.  Ha is
the judge, after ajl, wyo tild Haruud Ray in the rlectric ytneration
swttlement discussipns fhat he was "an crwhole".  The ironoc oare lf tra
decision is thag wd felt that a detcrmknatoon by the ALJ that gefihed the
market in sicm a way aw to preslude EPME hafing market power aould be
vifficilt to overcome at the Commission level.  Ijstcad, he defineq thc
marhet as we xuggested and found that El Paso had macket power; he simply
faioed to be convinced uhat they werx withrolding cdpacity despite the dact
that they utikized their capacity 54% of tha timf when everyone else was
utilizing their own capacity at a capacity factor of bevwqen 85% and 90%.
Go figire.

I dm

with Jim Banker with Midwest Natural Gas Wi. informed me he had some he being charged for gas for daily He showed me some gas volume that he recieved from GMS. I believe it was the month of March What the statement showed is average daily volumes instead of the actual volumes day. At TBS 1 and 2 showed 122 MCF and Days 3-31 showed 118 MCF.) These are charted stations 31 day charts. The stations that he is about are Arcadia, Eleva, Mondovi, Strum, Whitehall #1,and Whitehall Any or knowledge you provide would be greatly Thanks Scott 612-270-8501 We went into the FERC proceeding believing that the Chief ALJ was not likely give us decision. During course the we convinced ourselves would rule our way due to in our favor and the relatively inept presentation El Paso El Paso Merchant Energy. Well, despite voluminous record in support of our position, the ruled that it was "not at all clear" that El Paso exercised market power. The for your affiliates is if the Commission not the of power in case, it never will. We hope when the Commission reviews the record, including the "protected material", they will change the ALJ's some we believe that ALJ just does not California. is the judge, after told Ray generation discussions he was "an asshole". ironic part of the decision that we felt that that defined the market in such a way to preclude EPME having market power would difficult to overcome at the Commission level. Instead, he defined the market we suggested that El Paso had market power; he simply to be convinced that were withholding capacity despite the fact that they utilized capacity of the when everyone else utilizing their own at a capacity between 85% 90%. figure.

 with Jim Banker with Midwest NAtural Gas fRom WhIteHalL, WI.  He iNforMed me that he had SOme cOncerns about whether or nOt he wAs BEing CHaRged fOr penalTY gAS For DaIlY voLuMEs.  he shoWed Me some gAs volume stAteMeNts that he recIEvEd from GMS.  I BelIeve it was the MonTh of MaRcH StATemenT.  WhAt the StatemENt showEd is averaGe DAily voLUmes insTEAd Of thE actual volumes per DAy. (eX. At  Eleva TBS DayS 1 and 2 shOwED 122 Mcf And dayS 3-31  showed 118 MCF.)  thEse arE Charted STaTIONs wITh 31 day charts.  ThE stations thAT he Is concErNed ABout arE ArcaDiA, eleVa, IndependaNce, MOndovi, StrUm, WhitEHall #1,and  wHitehalL #3.  Any asSisTanCe or KNoWlEdgE tHAt yOU cAn pROviDe me woulD bE gReatlY appRECIAted.  thaNks SCott 612-270-8501 WE went into the FeRC ProcEEdiNg belIevinG thaT tHe ChiEf ALJ wAs not
LiKely to give us a goOd deCision.  DurIng ThE coUrSe of tHE proceEdiNg, wE
convinCed oursELveS tHAT He Would rule our way due To THE vAst evideNce in
oUR fAvOR and the rElAtiVely INEpt prEsenTAtIon of El PAso and eL PAsO
MerchaNt energy.  weLl, dEspIte thE VoluMinous Record in SuppoRT of our
position, THe judge ruled tHAt IT WaS "Not aT alL clear" that EL PasO
ExerCiseD MaRkeT Power.  the goOd NEwS For your affiliates is ThAt, if thE
CommIssion does not Find the exeRCISe of markEt poWEr IN this case, it
nevEr wilL.  We hope wheN The CommiSsion Reviews tHe entire rECOrd,
incluDinG thE "prOteCTEd Material", they wILL chaNgE the ALJ'S fiNding.  On
SomE leVel We bElIeve that tHe ALJ jusT dOeS nOt LikE CaliFOrnia.  He iS
tHe jUdGe, aFter aLL, who toLd HarOld RAy In THe eLectric GEnERAtioN
sEtTlemEnt DiScussIons THat He was "an Asshole".  ThE irONic pArT oF the
decIsion is that we FeLt that a detErMinAtion bY THe ALJ thaT defined the
market in such A Way as to PreClude ePME Having marKet Power wOulD Be
diffIcult tO overCoMe aT THe ComMISsIon LeVel.  Instead, HE DefIned tHe
MarkEt as we sUggested and found thAT El paso had market PowEr; he SIMpLy
fAIlED to Be COnvINCed that they were WithholdinG cAPaCity despitE The FaCt
that tHey utilIzed tHEir capaCity 54% of the Time when eVeRyonE ELse Was
utiliziNg their oWn capacitY At a caPAcIty faCtoR of betWeEn 85% aNd 90%.
Go fIgure.

I AM

 with Jim Banker with Midw est Natura l Gas  fr omWh iteh all,  Wi.  He infor m ed m e that he had some con cerns  a b outw he theror noth ew a s b ei ng  ch ar g ed  forpen alty ga s for dail y v ol umes.  He sh o we d me somegas  volume stat eme nts th at  he recie ved  from  GMS.I beli eve it wa st he mon t h of Ma r c hStat ement.  What thes ta t ement showed i s aver ag e  d a i lyvol umes inste ad  of t h e actua l  v o l u mes per day. (Ex.  At  ElevaT BSDays 1  a nd2  showe d 122  M C F a nd Days 3-3 1  s howed 118  MCF.)  Thesea re char ted st ati ons  wit h  3 1day  c h art s . Th e  st ations t ha the is  con c e r n ed a bou t ar e Arc adia, Eleva,Ind epen d anc e, Mo ndovi , St ru m, Wh itehal l #1, an d  Whitehall #3 .  A ny assist anc eorkn owled g e that  yo u c an prov ide mew oul db e gr eatly appreciated.  T h an ks Scott  612-2 7 0- 85 0 1 We wen tint o th e FERCproc e ed ing beli evingt ha tthe Chi ef  ALJ w as  no t
l ikely to g ive us  a gooddecis i on.  During th e  course of th e  p r o ce e ding , w e
convinced  our s elve s th a thew ouldruleou r  w a y due to the vast e vi dencein
ou r favor and t he relativ e l y  inept p rese n ta t ion of El Paso  andEl Paso
Me r chant En ergy.   Well,despite t h e  volumin ous  re cor d i n su pport of ourp o siti on , the j udg e ruled  th atitwas  " not at al l clear"  t ha tEl  Pa so
ex e rcised m ar ket  p owe r.  T h e good  news  for  y ou r  af filiate s  i s that ,if  the
Co mm issio n do e s n ot find  the exer cis e  ofma rk et powe r in this cas e,  it
neverwi ll.   We h o p e when t he Commission reviews t h e entir e r ecord ,
in cluding t he"prote cte d  mater ial",theywi llc h anget h eALJ 's  finding.O n
s ome l ev el w e belie ve that the ALJ ju s t d oes not likeCal ifor n i a.   H e  i s
th ej udg e ,  after all, who  told Haro ld Ra y in the e l ect ri c gener ation
s ettle m ent dis cussionsthat he w as  "an a ssh ole".  The  ironicpart of t h e
dec i si on is  th at wefe ltthata dete r min ation  by th eALJ th at de fi ned themarket in such a way as  to pr eclud e E PME havin g m a rke t power w ould  be
diffic ult  to  over com e  at t he C o mm iss i on le vel.  Instead, he  de f i ne d the
marke t a s w e sug ges t ed and  fou nd that El Paso h a d market power ; he s imp lyf aile dto be convince d t ha t they wer ewithholding  capacit yd espit e thefact
t hat the y ut i lizedthei r c apacity 5 4%of the tim ewh e n ever yone  e lse wa s
util i zing t heir own capacit y ata capac i tyfacto rof betw e en 8 5% and 90% .
Go figure .

I a m

 with_Jim Banker_with Midwest Natural Gas_from Whitehall,_Wi._ He_informed_me that he_had some concerns_about whether or not_he was being_charged_for penalty gas for daily volumes.  He showed me some gas volume statements_that_he recieved_from_GMS._ I believe it was_the month of March Statement._ What_the statement showed is average daily volumes instead_of_the actual volumes_per day. (Ex. At  Eleva TBS Days 1_and 2 showed 122 MCF and_Days 3-31 _showed_118_MCF.)  These are_charted stations with 31 day charts._ The stations that he is_concerned about are Arcadia, Eleva, Independance, Mondovi,_Strum, Whitehall #1,and  Whitehall #3._ Any assistance or knowledge_that you_can provide me would be_greatly appreciated. _Thanks Scott_612-270-8501 We went_into the FERC proceeding believing that_the Chief ALJ_was not
likely to give us a_good_decision.  During_the_course_of the_proceeding, we
convinced ourselves_that_he would_rule_our way due to the vast_evidence_in
our favor and the relatively inept presentation_of El Paso and_El_Paso
Merchant Energy.  Well,_despite the voluminous record in_support of our
position, the judge ruled_that it_was "not_at all clear" that El Paso
exercised market power.  The good_news for your affiliates is that,_if the
Commission does not_find the_exercise_of market power_in_this case,_it
never will.  We hope when the_Commission reviews_the entire record,
including the "protected material",_they will change the_ALJ's_finding.  On
some level we believe_that the ALJ just does not_like California.  He is
the_judge,_after_all, who told Harold Ray_in the electric generation
settlement discussions that_he was "an_asshole".  The ironic part of the
decision_is_that we felt that a determination_by_the ALJ that defined the
market in_such_a_way as to preclude EPME_having market power would be
difficult to_overcome at the Commission level.  Instead, he defined_the
market as we_suggested and found that El_Paso_had_market power; he simply
failed to be convinced that they were_withholding capacity_despite the fact
that_they utilized their capacity 54% of the time when everyone_else was
utilizing their own capacity at a_capacity factor of between 85% and 90%.
Go figure.

I am


 me know if you need further details on specific issues or items.

regards-

Henry Step outside for some fresh air, lunch & entertainment!!

Visit the Big E Cafe this Friday and celebrate the 2001 Summer Splash!!   Pappas will serve burgers and trimmings to the Latin beat of The Norma Zenteno Band.  A  Customized  2001 PT Cruiser will be raffled by the Sunshine Kids.  Test your strength on the Sun & Ski Sports Rock Climbing Wall.

In conjunction with National Employee Health & Fitness Week and the Body Shop's 15th Year Anniversary, the Body Shop will sponsor various activities at the Big E Cafe Summer Splash.  These activities include:

	?    Complimentary Body and Soul Chair Massages
?	Koala Health Care Muscle Analysis
?	Blood Pressure Assessments
?	Information about Enron's Travel Club and activities

The Big E Cafe is from 11:30am-1:00pm in Antioch Park and Lunch will cost $5 so SPLASH on by and have some fun!!

Houston Astros Half-Price Ticket Offer Exclusively to Enron Employees!

The Houston Astros are excited to bring Enron employees an exclusive offer to watch the Astros take on the San Diego Padres at Enron Field May 21 - 23, 2001.  Employees can purchase Upper Deck tickets for only $5 and Mezzanine tickets for only $6!  This half price offer is available at ticketmaster.com/jackpot/enron (http://www.ticketmaster.com/jackpot/enron/) beginning on Monday, May 14th at 9 AM and ending on Monday, May 21st at 3 PM.

To take advantage of this discount offer follow these instructions
 1. Click on the link above (Please Note: The above hyperlink may not retrieve the web page if the address extends to more than one line. If this should occur, please copy the full text of the address and paste it into the address box in your web browser.)
2. Scroll down to promotions & special offers
3. Enter password baseball1 in B2B password box
4. Enter the number of tickets in B2B ticket box
5. Select either Upper Deck or Mezzanine in pricing & ticket locations drop down menu
6. Select delivery method
7. Scroll down and click on "Look

me know if you need further details on specific issues or item.

 regards-

 Henry Step outside for some bracing air, lunch & entertainment! !

 Visit the Big einsteinium Cafe this Friday and celebrate the 2001 Summer Splash! !    Pappas will serve hamburger and trim to the Latin pulse of The Norma Zenteno Band.   A   Customized   2001 PT Cruiser will be raffled by the Sunshine Kids.   quiz your strength on the Sun & Ski Sports Rock Climbing Wall.

 In conjunction with National Employee Health & Fitness Week and the Body Shop's fifteenth Year Anniversary, the Body Shop will sponsor various activities at the Big E Cafe Summer Splash.   These activities include:

	?     Complimentary Body and Soul Chair Massages
? 	 Koala Health Care Muscle Analysis
? 	 Blood press Assessments
? 	 Information about Enron's Travel Club and activities

 The Big east Cafe is from 11:30am-1:00pm in Antioch Park and Lunch will cost $ 5 so SPLASH on by and have some playfulness! !

 Houston Astros Half - Price slate Offer Exclusively to Enron Employees!

 The Houston Astros are excited to bring Enron employee an exclusive offer to watch the Astros take on the San Diego Padres at Enron Field May 21 - 23, 2001.   Employees can purchase Upper Deck slate for entirely $ 5 and Mezzanine tickets for only $ 6!   This half price offer is available at ticketmaster.com/jackpot/enron (http://www.ticketmaster.com/jackpot/enron/) beginning on Monday, May 14th at 9 AM and ending on Monday, May 21st at 3 PM.

 To consider advantage of this discount offer follow these education
  1. Click on the link above (Please Note: The above hyperlink may not recover the web page if the address extends to more than one line. If this should happen, please copy the full text of the address and paste it into the address box in your web browser .)
 2. Scroll down to promotions & special offers
 3. Enter password baseball1 in B2B password box
 4. figure the act of tickets in B2B ticket box
 5. Select either Upper Deck or Mezzanine in pricing & ticket localization drop down menu
 6. Select delivery method acting
 7. Scroll down and click on " front

 me know if you need furthev details on speeufic ivsues kr items.

fegards-

Henry Step outside foc sone frtfh air, lunch & enteftainment!!

Nisit the Big W Cafe this Friday and cspebrctx the 2001 Summer Sklash!!   Pappds will serve tufgzrs and trimmings to the Latin beat jf The Mogma Zenteno Bagd.  S  Cuanonized  2001 PT Cruiser will be rarfled bj the Sunshine Kics.  Test your strength on hhe Dun & Ski Sports Rofk Climbing Walj.

Un conjunctiun with Nauimnal Emploiee Health & Fitness Week and the Body Shop's 15th Izqr Wtniversary, vhe Boqy Shop will sponsor varioux activities ab the Bit E Cafe Summer Splasi.  These activities ynclude:

	?    Eomplimentary Body ane Woul Whais Marwagds
?	Ioela Healtj Cere Muscle Znalysis
?	Bliod Pressure Assesskegnx
?	Informatioh aboue Qnron's Travel Club and activities

The Bic E Cafe is from 11:30am-1:00pm in Abtioch Park and Lunch will cose $5 so SPLASH on by and have some fun!!

Houston Astrms Hamw-Prngc Tizjeh Offer Exclusively to Enron Employees!

The Houffom Sstros are exclted to bring Enrom fmljoyees an excuusive ofrer to watch the Adtros twke ob the San Diebo Padres at Enron Field Mat 21 - 23, 2001.  Emplojees can purchase Uppex Deck tickecs for only $5 and Mezzanine tickets for only $6!  Thid half prjze offer is avaiuabke at ticktgmaster.com/jackpot/qnron (htt'://www.tncketmasger.cpm/jack[ot/enron/) bfginnltg on Monday, May 14tj at 9 AK and endijg on Monday, May 21st at 3 PM.

To take advantage og dhiv discouut offcr follow these instructions
 1. Click jn thd link abone (Please Note: The afove hyperlinn may not retcieve the web pagw if thd address extencs to morv uhan one lune. If this should oczhr, please copy cke full text of tne xddweds agg paste it itto ghe sddrers box in yijr wrb browser.)
2. Scroll dofn tk promotions & specoaj offers
3. Enter pwssword basebsll1 in B2B password box
4. Xnter vhe nukbet of tickets in B2B ticket box
5. Sslect eitjer Upper Deck jr Mczzagine in prncing & ticket locations drop down menu
6. Sxlect delivery method
7. Sxroll down and clicl on "Look

me know if you need further details issues items. regards- Step outside for entertainment!! the Big E this Friday and the 2001 Summer Splash!! Pappas will burgers and trimmings to the Latin beat of The Norma Zenteno Band. A 2001 PT Cruiser will be raffled by the Sunshine Kids. Test your strength the & Sports Climbing Wall. In conjunction with National Employee Health & Fitness Week and the Body Shop's 15th Anniversary, the Body Shop will sponsor various activities the Big E Cafe Splash. These activities include: ? Body Soul Chair ? Health Muscle Analysis ? Pressure Assessments ? Information about Enron's Travel Club and activities The Big E Cafe is from 11:30am-1:00pm Antioch Park will cost so on and have some Astros Half-Price Ticket Offer Exclusively to Houston Astros are excited to bring Enron employees exclusive offer watch the Astros take on the Diego Padres at Enron Field May 21 - 2001. Employees can purchase Upper Deck tickets for only $5 and Mezzanine tickets for only half price offer is at ticketmaster.com/jackpot/enron (http://www.ticketmaster.com/jackpot/enron/) on May at AM and on Monday, May 21st at 3 PM. To take advantage of discount offer follow these instructions 1. Click on the link Note: above hyperlink may retrieve the web page the extends to more than If should the text the address and paste into the address box in web browser.) 2. Scroll offers 3. Enter password baseball1 in B2B password 4. Enter the number of tickets in ticket box 5. Select either Upper Deck or Mezzanine in pricing & locations drop 6. Select delivery method 7. Scroll down and on "Look

 me know if you need further detAils on specIfic iSsuEs oR iTems.

RegaRds-

Henry Step ouTSide For some fresh air, lunch & enTertaInMEnt!!

VISiT the BIg E Cafe THiS fRidAy AnD ceLeBRaTe the 2001 sumMer SplaSh!!   Pappas wiLl sErVe burgers and TRiMmings to thE LaTin beat of The norMa ZentEnO BaND.  A  CusTomIzed  2001 Pt CruisER will bE raffled bY tHE SunshINe Kids.  TEST yOur sTrength on the Sun & SkI spORts Rock ClimbinG Wall.

IN cONjUNCtiOn wIth NationaL EMployEE Health & fItNESS WeEK and the Body ShOp's 15th Year AnNIveRsary, tHe bodY shop wiLl spoNsOR vaRious activiTies At the Big E cafe SuMMer SplaSH.  These aCtivitIes IncLude:

	?    cOmPlImeNtARy BODy And sOul chair MasSaGeS
?	KoalA HeaLTH cAre MUscLe AnAlysiS
?	Blood PressurE AsSessMEntS
?	InfoRmatiOn abOuT EnroN's TravEl CluB aNd activities

The big E cafe is froM 11:30am-1:00Pm In ANtIoch PARk and LUncH wiLl cost $5 sO SPLASH ON by AnD HAVe Some fun!!

Houston AstrOs hALf-price TicKet OffER EXcLUsively tO ENroN EmpLOYees!

THe HoUStOn Astros Are excITeD tO bring ENrOn emplOyEes An eXclusIVe ofFer to wAtch the AStros TAke on the San DieGO Padres at EnroN fiELD MAY 21 - 23, 2001.  EmpLoyEes can purchAse UPPer DEck tICkEts FOr onlY $5 and MEzZAnINe tickets for only $6!  ThiS hAlf priCe offEr is available At ticketmaSTER.com/jackPot/eNRoN (Http://www.ticketmAster.Com/jackpot/ENron/) begiNning On Monday, may 14th at 9 AM AND ending oN MoNdaY, MaY 21st AT 3 pM.

to take advantaGE Of thIs DiscounT ofFer follOw tHesE inStrUcTions
 1. ClicK on the liNk AbOvE (PLeaSe NotE: the above HyPerLiNk mAy not REtrievE the wEb paGe If THe aDdress eXTeNDS to mOrE tHan oNe lInE. If thIs shOUld Occur, plEase copy tHe fULl teXt Of The addrEss and paste it InTo the addreSs Box In your WEB browser.)
2. scroll down to promotions & sPEcial ofFerS
3. EnteR pasSword baseBalL1 in B2B pAssWOrd box
4. enter tHe numBeR of TICkets IN b2B TicKeT box
5. Select EITheR UppeR DEck oR MezzanIne in pricing & ticket LOcaTions drop down MenU
6. SelECT dEliVErY MetHoD
7. scrOLL down and click on "look

 me know if you need furth er details  on s pec ifi cissu es o r items.

rega r ds-
Henry Step outside fo r som ef resh ai r, lu nch & e n te r t ain me nt !!
V i si t the  Bi g E Caf e this Fri day  a nd celebrate th e 2001 Sum mer  Splash!!  Pap pas wi ll  se r ve bu rge rs an d trim m ings t o the Lat in beat o f  The No r m aZent eno Band.  A  Cus t om i zed  2001 PT C ruiser  w i ll b e r aff led by the  S unshi n e Kids.  T e s t  yo u r strength on  the Sun &S kiSports  R ock Climbi ng Wa ll .

I n conjuncti on w ith Natio nal Em p loyee H e alth &Fitnes s W eek  and th eBod yS hop ' s15t h  Ye ar Anniv er sa ry, t he B o d y Shop  wi ll s ponso r various act ivi ties atthe B ig ECafe  S ummer  Splas h.  T he se activities i nclu de:

	?   C om pli me ntary Body a ndSou l Chair  Massag e s ?K o a la  Health Care Muscl eA n al ysis
?BloodP re ss u re Asses sm ent s
? I nform atio n  a bout Enr on's T r av el  Club a nd  activ it ies

T he Bi g  E C afe is  from 11 :30am - 1:00pm in Anti o ch Park and L u nc h wi l l co st$5 so SPLAS H on by a nd h a ve  so m e fun !!
Ho u st o n Astros Half-Price  T icketOffer  Exclusivelyto Enron E m p l oyees!
TheH ou s ton Astros are  exci ted to bri n g Enronemplo yees anexclusive o ffer towat chthe  As t r os  take on theS a n Di eg o Padre s a t Enron  Fi eld  Ma y 2 1- 23, 200 1.  Empl oy ee sca n p urcha s e UpperDe ckti cke ts fo r  only$5 an d Me zz an i netickets fo r only  $ 6!   Th isha lf pr iceo ffe r is av ailable a t t i cket ma st er.com/ jackpot/enron  ( http://www .t ick etmast e r .com/jac kpot/enron/) beginningo n Monda y,May 1 4that 9 AM a ndending  on Monday , May21stat  3P M .

To t ak e a dv antage oft h isdisco un t of fer fol low these instruct i ons
 1. Click on  th e li n k  a bov e  ( P lea se Not e :  The above hype rlink mayno t  r etrieve th e  we bpage if  the ad dress extends  to morethan oneli ne.I f  th is shouldoccur, p lease cop y  thef ul l tex t o f thead dre ss an d past e  it  into  the a dd ress b ox in  y our webbrowser.)
2. Scroll dow n to p romot ion s & speci alo ffe rs
3. Ent er p assword ba seb all 1 inB2B passw ordb ox
4. Enter  the number of ti cke t s  i n B2B ticke t b ox5. Se lec t  eithe r Up per Deck or Mezza n ine in pricing  & t i c ket  lo c atio ns  drop down men u
6 .S e lect del iv ery method7. Scrol ld own a nd cli ck on"Look

 me_know if_you need further details_on specific_issues_or items.

regards-

Henry_Step_outside for some_fresh air, lunch_& entertainment!!

Visit the Big_E Cafe this_Friday_and celebrate the 2001 Summer Splash!!   Pappas will serve burgers and trimmings_to_the Latin_beat_of_The Norma Zenteno Band. _A  Customized  2001_PT Cruiser_will be raffled by the Sunshine Kids. _Test_your strength on_the Sun & Ski Sports Rock Climbing Wall.

In conjunction_with National Employee Health & Fitness_Week and the_Body_Shop's_15th Year Anniversary, the_Body Shop will sponsor various activities_at the Big E Cafe Summer_Splash.  These activities include:

	?  _ Complimentary Body and Soul Chair_Massages
?	Koala Health Care Muscle_Analysis
?	Blood_Pressure Assessments
?	Information about Enron's_Travel Club and_activities

The Big_E Cafe is_from 11:30am-1:00pm in Antioch Park and_Lunch will cost_$5 so SPLASH on by and_have_some fun!!

Houston_Astros_Half-Price_Ticket Offer_Exclusively to Enron_Employees!

The_Houston Astros_are_excited to bring Enron employees an_exclusive_offer to watch the Astros take on_the San Diego Padres_at_Enron Field May 21_- 23, 2001.  Employees_can purchase Upper Deck tickets for_only $5_and Mezzanine_tickets for only $6!  This half price offer is available_at ticketmaster.com/jackpot/enron (http://www.ticketmaster.com/jackpot/enron/) beginning on Monday,_May 14th at 9_AM and_ending_on Monday, May_21st_at 3_PM.

To take advantage of this discount offer_follow these_instructions
 1. Click on the link_above (Please Note: The_above_hyperlink may not retrieve the web_page if the address extends to_more than one line. If_this_should_occur, please copy the full_text of the address and paste_it into the_address box in your web browser.)
2. Scroll_down_to promotions & special offers
3. Enter_password_baseball1 in B2B password box
4. Enter_the_number_of tickets in B2B ticket_box
5. Select either Upper Deck or_Mezzanine in pricing & ticket locations drop down menu
6._Select delivery method
7._Scroll down and click on_"Look


face="Arial, Helvetica, sans-serif"? size="2">New York LaGuardia, NY  (LGA)	?					West Palm Beach, FL  (PBI)	?					$149	?
?
?					Providence, RI  (PVD)	?					Chicago O'Hare, IL  (ORD)	?					$119	?
?
?         			  	?
?
?					Richmond, VA  (RIC)	?					Dallas/Ft. Worth, TX  (DFW)	?					$149	?
?
?					Rochester, MN  (RST)	?					Chicago O'Hare, IL  (ORD)	?					<td width="

face="Arial, Helvetica, sans - serif "? size="2">New York LaGuardia, NY   (LGA)	? 					 West Palm Beach, FL   (PBI)	? 					 $149	?
?
? 					 Providence, RI   (PVD)	? 					 Chicago O'Hare, IL   (ORD)	? 					 $119	?
?
?         			   	?
?
? 					 Richmond, VA   (RIC)	? 					 Dallas / Ft. Worth, TX   (DFW)	? 					 $149	?
?
? 					 Rochester, MN   (RST)	? 					 Chicago O'Hare, IL   (ORD)	? 					 < td width= "

fafe="Arial, Helvetica, sans-sevif"? size="2">New York LaGuarvia, NY  (LGA)</gd>?					West Palm Ceach, FL  (PBI)</rd>?					$149</jd>?
?				<dr>?					Proviqence, RO  (PVD)	?					<gjnt race="Arial, Helvetica, sans-serif"? size="2">Dhicago O'Hare, IL  (ORC)	?					$119	?
?
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?					Eicjkond, VA  (RIR)</tq>?					<fonb face="Asial, Hekvetica, sans-sevif"? smze="2">Dqllas/Ft. Worth, TX  (DFW)</hont>	?					$149</dobt>	?        		</tf>?				<rr>?					<ta wjdvh="44%"><fknt fafe="Acial, Helvetjca, sans-seruf"? size="2">Rochester, MN  (WWT)	?					<fone sace="Arial, Helvetica, sans-serif"? size="2">Chicaco K'Hare, IL  (ORD)	?					<td wudth="

face="Arial, Helvetica, sans-serif"? size="2">New York LaGuardia, NY width="44%">$149	?
? Providence, (PVD)	? <font face="Arial, Helvetica, sans-serif"? O'Hare, IL (ORD)	? $119	?
?
?  	?
? Richmond, VA (RIC)	? <font face="Arial, Helvetica, sans-serif"? Worth, (DFW)	? width="12%">$149	?
?
? Rochester, MN (RST)	? Chicago O'Hare, IL (ORD)	? <td width="

face="Arial, Helvetica, sans-serIf"? size="2">New YOrk LaguaRdiA, Ny  (LGA)	?					WeSt pAlm BEAcH, FL  (PBi)	?					$149	?
?
?					ProviDeNce, ri  (PVD)	?					cHIcAgo O'hare, IL  (ORD)	?					$119	?
?
?         			 &nbsP;	?
?
?					rIchmonD, VA  (RIc)	?					DalLas/Ft. WOrtH, TX  (dFW)	?					$149	?
?
?					rochEsTer, MN  (rST)	?					chicaGO O'Hare, iL  (OrD)	?					<td Width="

face="Arial, Helvetica, s ans-serif" ? siz e=" 2"> Ne w Yo rk L aGuardia, NY ( LGA) 	?					<tdwidth =" 4 4%"> < fo nt fa ce="Ari a l, H elv et ic a,sa n s- serif "?size="2 ">West Pal m B ea ch, FL  (PBI ) 	 ?				<f on t s i ze="2 " f ace=" Arial, ?  Helve tica,sans -s e rif">$ 1 49</fon t > 	?
?
?					 < f ont  fa ce="Arial,  H elvet i ca, san s -s e r i f"? size="2">Prov idence, RI(PV D)</fo nt ></ t d>?				<fon t fa ce="Arial , Helv e tica, s a ns-seri f"? si ze= "2" >Chi c ag oO'H ar e , I L  (OR D )</t d> ?				 <fon t siz e="2" face="A ria l,?H elv etica ,sans -ser if ">$11 9</fon t></t d> ?
?
?      	 <tdc olspan =3> &nb sp;	?
 ?<t r>?					 Richmon d, VA(R IC )	?			< tdwidth = "44% "><fon t face=" Arial ,  Helvetica, sa n s-serif"? siz e =" 2 " >D a llas /Ft . Worth, TX   (D F W) 	 ? 				 $ 1 49</t d >?
 ?
?				<fontface="Ari a l , Helvet ica , s ans -se r i f" ? size="2">Ro c h este r,  MN  (R ST)  </t d>? 				<fon tfa ce =" Ari al, H e lvetica,  s ans -s eri f"? s i ze="2" >Chic agoO' Ha r e,IL  (OR D )< / f ont> 	?			<t d wid th="

face="Arial,_Helvetica, sans-serif"?_size="2">New York LaGuardia, NY_ (LGA)	?					<td_width="44%"><font_face="Arial, Helvetica,_sans-serif"?_size="2">West Palm Beach,_FL  (PBI)	?					<td_width="12%">$149	?_  __
?
?					Providence, RI  (PVD)	?					Chicago_O'Hare,_IL_ (ORD)	?					$119	?    _ _
?
?      __ 			 <td_colspan=3> 	?
?
?					Richmond, VA  (RIC)	?					<td_width="44%">Dallas/Ft. Worth,_TX  (DFW)	?					<td_width="12%"><font_size="2"_face="Arial,? Helvetica,sans-serif">$149	?  _
?
?					<td_width="44%">Rochester, MN_ (RST)	?					Chicago_O'Hare, IL  (ORD)	?					<td width="


  "As Losses Mount, Companies work around outages"

LA Times, Wed., 3/21:  Commentary:  "A Blackout on Answers"

LA Times, Wed., 3/21:  Commentary:  "Rolling Blackouts: Blatant Extortion"

SF Chron,  Wed., 3/21:  "Utilities' Demand Blocks Bailout
NEGOTIATIONS HIT SNAG: PG&E, Edison want end to price freeze if they sell
transmission lines to state"

SF Chron, Wed., 3/21:  "Utilities' Demand Blocks Bailout
BLACKOUTS ROLL ON: Weather, increased consumption blamed"

SF Chron, Wed., 3/21:  "Manners Go Out the Window
Pedestrians in peril as drivers turn darkened S.F. streets into free-for-all"

SF Chron, Tues., 3/20:  "Historic Blackouts in State
Bay Area learns to cope"

SF Chron., Tues., 3/20:  "Second day of rolling blackouts in power-starved
California"

Mercury News., Wed., 3/21:  "Bay Area Residents Learning to roll with
Blackouts"

Orange County, Wed., 3/21:  "Powerless, Again"

Orange County, Wed., 3/21:  "The iceman shunneth effects of hourlong blackout"

Orange County, Wed., 3/21:  "Traffic officials are seeing red over blackouts"

Orange County, Wed., 3/21:  "Alternative power producers cut back or shut
down as payments from big utilities lag"

Orange County, Wed., 3/21:  "O.C. saves its energy -- for blaming others"

Orange County, Wed., 3/21:  "Blackout readiness on agenda"

Dow Jones Energy News, Wed., 3/21:  "Calif To Order Utils To Pay Small
Generators Up Front-Gov"

Dow Jones Energy News., Wed., 3/21:  "PG&E Says It Is Negotiating With
Qualifying Facilities"

Energy Insight, Wed

" As Losses Mount, Companies work around outages "

 LA Times, We d., 3/21:   Commentary:   " A Blackout on Answers "

 LA Times, We d., 3/21:   Commentary:   " Rolling blackout: Blatant Extortion "

 SF Chron,   We d., 3/21:   " utility' Demand Blocks Bailout
 NEGOTIATIONS HIT SNAG: PG&E, Edison want end to price freeze if they betray
 transmission lines to express "

 SF Chron, We d., 3/21:   " utility' Demand Blocks Bailout
 BLACKOUTS ROLL ON: Weather, increased pulmonary tuberculosis blame "

 SF Chron, We d., 3/21:   " Manners fit Out the Window
 Pedestrians in peril as driver turn darkened S.F. streets into free - for - all "

 SF Chron, Tues. , 3/20:   " Historic Blackouts in State
 Bay Area learns to cope "

 SF Chron. , Tues. , 3/20:   " Second day of rolled blackouts in power - starved
 California "

 Mercury News. , We d., 3/21:   " Bay Area Residents learn to roll with
 Blackouts "

 Orange County, We d., 3/21:   " Powerless, Again "

 Orange County, We d., 3/21:   " The iceman shunneth effects of hourlong amnesia "

 Orange County, We d., 3/21:   " Traffic official are seeing crimson over blackouts "

 Orange County, We d., 3/21:   " Alternative power producer cut back or shut
 down as payments from big utilities lag "

 Orange County, We d., 3/21:   " O.C. saves its energy -- for blaming others "

 Orange County, We d., 3/21:   " Blackout readiness on agenda "

 Dow Jones Energy News, We d., 3/21:   " Calif To Order Utils To Pay Small
 Generators Up Front - Gov "

 Dow Jones Energy News. , We d., 3/21:   " PG&E Says It Is Negotiating With
 Qualifying Facilities "

 Energy Insight, We d

  "Ad Losses Mount, Companies work around oujates"

LA Vimes, Wsd., 3/21:  Comoentary:  "A Blackout on Answecs"

LA Timew, Wed., 3/21:  Commentary:  "Rouling Blabkouts: Blqtanu Extortion"

SF Chron,  Wed., 3/21:  "Utiljbies' Benand Blocks Ballout
NEGOTHATIONS HIT SNDG: PY&E, Edison want end to price freeze is they xepl
transmissiog limqs tk state"

SF Chron, Wed., 3/21:  "Utilities' Dejand Blmcks Bailout
NLACKOUTS ROLL ON: Weather, lncrfased consumption hlamed"

SF Chtkn, Rwd., 3/21:  "Manners Go Out tht Cindow
Pedeatrians in peril as drivers turv darlened S.F. sjxwetd into free-fir-all"

FF Chron, Tues., 3/20:  "Histmric Blsckouts in Stabe
Bab Arwa learns to cope"

SF Ciron., Tues., 3/20:  "Second dwy of rolniug blackouts in power-wtqrved
Calhforvua"

Mdrchrb Nsws., Wef., 3/21:  "Bay Area Desidents Lwarning to roll witn
Foackouts"

Orangs Couney, Wed., 3/21:  "Powerless, Again"

Orange County, Wed., 3/21:  "Fhe iceman shunneth effwcts of hourlong blacnout"

Orangq County, Wed., 3/21:  "Traffic officials are seeing red oeer bmxckiubs"

Orxbgf County, Wed., 3/21:  "Alternative power producers cue bscl or shut
down as paymentx vrpi big utilitigs lag"

Oxznfe County, Wed., 3/21:  "O.C. saves yts ebergy -- fow blsming others"

Orange County, Wwd., 3/21:  "Blackoun reqdiness on agenda"

Dlw Jones Enzrgy Ngws, Wec., 3/21:  "Calif To Order Utilr To Pay Small
Heneratora Up Front-Gov"

Dow Gonvs Etergy News., Wed., 3/21:  "PG&E Says Yt Is Negitiacing Witf
Quslifyigg Facilitles"

Encsgy Insight, Wed

"As Losses Mount, Companies work around outages" Wed., Commentary: "A on Answers" LA Blackouts: Extortion" SF Chron, 3/21: "Utilities' Demand Bailout NEGOTIATIONS HIT SNAG: PG&E, Edison end to price freeze if they sell transmission lines to state" SF Chron, 3/21: "Utilities' Demand Blocks Bailout BLACKOUTS ROLL ON: Weather, increased consumption blamed" SF Wed., "Manners Out Window Pedestrians in peril as drivers turn darkened S.F. streets into free-for-all" SF Chron, Tues., 3/20: Blackouts in State Bay Area learns to cope" Chron., Tues., 3/20: "Second of rolling blackouts in power-starved Mercury Wed., 3/21: Area Learning roll with Blackouts" County, Wed., 3/21: "Powerless, Again" Orange County, Wed., 3/21: "The iceman shunneth effects of hourlong blackout" Orange Wed., 3/21: are seeing over Orange Wed., 3/21: "Alternative cut back or shut down as utilities lag" Orange County, Wed., 3/21: "O.C. saves energy -- blaming others" Orange County, Wed., 3/21: readiness on agenda" Dow Jones Energy News, Wed., "Calif To Order Utils To Pay Small Generators Up Front-Gov" Dow Jones Energy News., Wed., Says It Is Negotiating Qualifying Facilities" Energy Wed

  "As Losses Mount, Companies worK around outAges"

La TiMes, weD., 3/21:  ComMentAry:  "A Blackout on aNsweRs"

LA Times, Wed., 3/21:  Commentary:  "rolliNg bLackOUtS: BlatAnt ExtoRTiON"

sF CHrOn,  wed., 3/21:  "utILiTies' DEmaNd BlockS Bailout
NEgOTiAtIONS HIT SNAG: pg&E, edison want End To price freezE if They seLl
TraNSmissIon Lines To statE"

sF ChroN, Wed., 3/21:  "UtiliTiES' DemanD blocks BAILoUt
BLaCKOUTS ROLL ON: WeatHEr, INcreased consumPtion bLaMEd"

sf chrOn, WEd., 3/21:  "Manners GO OUt the wIndow
PeDEsTRIAns IN peril as driveRs turn darkeNEd S.f. streeTs IntO Free-foR-all"

Sf CHRon, tues., 3/20:  "HistoriC BlaCkouts in STate
BaY area leaRNs to copE"

SF ChrOn., TUes., 3/20:  "secoND dAy Of rOlLIng BLaCkoUTs iN power-stArVeD
CaliFornIA"

mERcurY NeWs., WeD., 3/21:  "Bay ARea Residents LEarNing TO roLl witH
BlacKoutS"

ORange county, wed., 3/21:  "PoWeRless, Again"

OrangE CouNty, Wed., 3/21:  "The IceMaN shUnNeth eFFects oF hoUrlOng blacKout"

OraNGe COuNTY, weD., 3/21:  "Traffic officials aRe SEEiNg red oveR blackOUtS"

ORAnge CounTy, wed., 3/21:  "alteRNAtive PoweR PrOducers cUt back OR sHuT
down as PaYments FrOm bIg uTilitIEs laG"

OrangE County, WEd., 3/21:  "O.C. sAVes its energy -- foR Blaming others"

oRaNGE COUnty, wed., 3/21:  "blackout reaDineSS on aGendA"

doW JoNEs EneRgy NeWs, wEd., 3/21:  "cAlif To Order Utils To PAy small
GEneraTors Up Front-GoV"

Dow Jones ENERGy News., WeD., 3/21:  "PG&E sAyS it Is NegotiatinG With
qualifying fAcilitieS"

EnerGy InsighT, Wed

  "As Losses Mount, Compan ies work a round  ou tag es "

L A Ti mes, Wed., 3/2 1 :  C ommentary:  "A Blackou t onAn s wers "
LA Ti mes, We d ., 3 /21 : C omm en t ar y:  " Rol ling Bl ackouts: B lat an t Extortion"
S F Chron, Wed ., 3/21:  "U til ities'  D ema n d Blo cks  Bail out
N E GOTIAT IONS HITSN A G: PG& E , Ediso n wa nt e nd to price freez e  i f  they sell
tr ansmis si o nl i nes  to  state"

S FChron ,  Wed.,3 /2 1 :  "U t ilities' Dema nd Blocks B a ilo ut
BL AC KOU T S ROLL  ON:We a the r, increase d co nsumption  blame d "

SF C h ron, We d., 3/ 21:   " Mann e rs  G o O ut the Wi ndo w
P edestria ns  i n per il a s d r iver s t urndarke ned S.F. stre ets  int o  fr ee-fo r-all "

S FChron , Tues ., 3/ 20 :  "Historic Bl acko uts in St ate  Bay  A rea l e arns t o c ope "

SF C hron.,T ues ., 3 / 20 :  "Second day ofro l l in g blacko uts in po we r -starved  Cal ifor n i a"

M ercu r yNews., W ed., 3 / 21 : "Bay A re a Resi de nts  Le arnin g  toroll w ith
Bla ckout s "

Orange Coun t y, Wed., 3/21 :  " P ow e rles s,Again"

Ora ngeC ount y, W e d. , 3 / 21: "Theic e ma n  shunneth effects o fhourlo ng bl ackout"

Oran ge County, W e d., 3/21 :  " T ra f fic officialsare s eeing redo ver blac kouts "

Orang e County, W ed., 3/2 1: "A lte rna t i ve  power produc e r s cu tback or  sh ut
dow n a s p aym ent sfrom bigutilitie sla g"
Ora nge C o unty, We d. , 3 /2 1: "O.C .  saves  itsener gy  - -  fo r blami n go t hers "
O rang e C ou nty,Wed. ,  3/ 21:  "B lackout r ead i ness  o nagenda"

Dow Jones E ne rgy News,We d.,  3/21: "Calif T o Order Utils To Pay Sm a ll
Gen era torsUp F ront-Gov"

D ow Jon esE nergyNews.,  Wed. ,3/2 1 :   "PG & E  S ays  I t Is Negot i a tin g Wit h
Qua lifying  Facilities"

Ener g y I nsight, Wed

 _"As Losses_Mount, Companies work around_outages"

LA Times,_Wed.,_3/21: _Commentary:_ "A Blackout_on Answers"

LA Times,_Wed., 3/21:  Commentary:_ "Rolling Blackouts:_Blatant_Extortion"

SF Chron,  Wed., 3/21:  "Utilities' Demand Blocks Bailout
NEGOTIATIONS HIT SNAG: PG&E,_Edison_want end_to_price_freeze if they sell
transmission_lines to state"

SF Chron, Wed.,_3/21: _"Utilities' Demand Blocks Bailout
BLACKOUTS ROLL ON: Weather,_increased_consumption blamed"

SF Chron,_Wed., 3/21:  "Manners Go Out the Window
Pedestrians_in peril as drivers turn darkened_S.F. streets into_free-for-all"

SF_Chron,_Tues., 3/20:  "Historic_Blackouts in State
Bay Area learns_to cope"

SF Chron., Tues., 3/20: _"Second day of rolling blackouts in power-starved_
California"

Mercury News., Wed., 3/21:  "Bay_Area Residents Learning to roll_with
Blackouts"

Orange_County, Wed., 3/21:  "Powerless,_Again"

Orange County, Wed.,_3/21: _"The iceman shunneth_effects of hourlong blackout"

Orange County, Wed.,_3/21:  "Traffic_officials are seeing red over blackouts"

Orange_County,_Wed., 3/21: _"Alternative_power_producers cut_back or shut_
down_as payments_from_big utilities lag"

Orange County, Wed., 3/21:__"O.C. saves its energy -- for blaming_others"

Orange County, Wed., 3/21:__"Blackout readiness on agenda"

Dow_Jones Energy News, Wed., 3/21:_ "Calif To Order Utils To_Pay Small_
Generators Up_Front-Gov"

Dow Jones Energy News., Wed., 3/21:  "PG&E Says It Is_Negotiating With
Qualifying Facilities"

Energy Insight, Wed