text
stringlengths
1.96k
1.7M
FULL NAME: Tori Denise Kuykendall > > > WHAT'S ON YOUR MOUSE PAD? University of Texas Longhorns! > > FAVORITE MAGAZINE: dont subscribe to any > > > FAVORITE SMELL: baking cookies > > > FAVORITE SOUNDS: the birds outside in my backyard WORST FEELING IN THE WORLD: when someone i care about is sick or troubled > > > > > > > WHAT IS THE FIRST THING YOU THINK OF WHEN YOU WAKE > >UP: do i really have to go to work today?????? > > > > > ROLLER COASTER: SCARY OR EXCITING? exciting! love em > > > > > HOW MANY RINGS BEFORE YOU ANSWER THE PHONE? however long it takes me to look at the caller ID > > > > > FUTURE DAUGHTER'S NAME? Erin Rae -- only a month away -- unbelievable > > > FUTURE SON'S NAME: Cole Patrick -- thats my pick anyway > > > > > CHOCOLATE OR VANILLA? chocolate > > > > > DO YOU LIKE TO DRIVE? much rather drive than ride > > > > > DO YOU SLEEP WITH A STUFFED ANIMAL? nope but i do hold a pillow > > > > > STORMS: SCARY OR COOL? scary but cool > > > > > SEASON YOU LOVE THE MOST. fall -- in houston its definitely the best > > > > > WHAT TYPE WAS YOUR FIRST CAR? a lovely ford tempo piece of crap > > > > > IF YOU COULD MEET ONE PERSON DEAD OR ALIVE WHO WOULD > >IT BE? i'm not really enamored with famous people so thats a tough one > > > WHAT IS YOUR ZODIAC SIGN? virgo > > > WHO IS YOUR FAVORITE POET? who cares > >DO YOU EAT THE STEMS OF BROCCOLI? yes > > > > THE WORST MOMENT OF YOUR LIFE: being in the hospital for surgery > >IF YOU WOULD HAVE ANY JOB YOU WANTED, WHAT WOULD IT > >BE? sports and activities developer for kids > > > > > IF YOU COULD DYE YOUR HAIR ANY COLOR? red > > > > > > > HAVE YOU EVER SWAM NAKED? oh yeah > > > > > IS THE GLASS HALF EMPTY OR HALF FULL? half full > > > > > FAVORITE COLORS? green, purple > > > > > WHAT IS YOUR FAVORITE SNAPPLE DRINK? none > > > FAVORITE MOVIES? Good Will Hunting, Field of Dreams, Erin Brockovich > > > > > FAVORITE CARTOONS? the flintstones, south park > > > ONE PILLOW OR TWO? two -- three right now if you include the body pillow > > ARE YOU A LEFTY OR RIGHTY? righty > > > > > WHAT KIND OF CAR WOULD YOU LIKE TO HAVE? fine with mine actually -- lexus suv > >DO YOU TYPE WITH YOUR FINGERS ON THE RIGHT KEYS? nope - never learned > > > > > > > FAVORITE FOOD: mexican and mashed potatoes > > HOW WOULD YOU LIKE TO DIE: old age -- in my sleep > > > DO YOU BELIEVE IN GOD? yes > > > > > DO YOU PRAY? yes - not every night though > > > > > WHAT'S UNDER YOUR BED? i think a baseball bat > > > > > WHAT IS YOUR FAVORITE NUMBER? 7 > > > > FAVORITE ICE-CREAM? hot fudge vanilla sundaes > > > FAVORITE SPORT TO WATCH? basketball > > > FUNNIEST PERSON YOU KNOW: trevor vaughan > > > WHAT DO YOU SEEK IN YOUR PARTNER? fun to be around, honest, motivated > > > HOW DO YOU SLEEP? usually on my stomach but not at 8 months pregnant > > > > WHAT WOULD YOU CHANGE OF YOURSELF? my short temper > > > >MOUNTAINS OR BEACH? mountains -- i dont tan > > > > > DO YOU COLLECT SOMETHING? not really > > > > > > WHAT ARE YOU MOST SCARED OF? failure > > > WHAT IS YOUR FAVORITE PERFUME? cant wear traditional perfume so i like bath & body works cucumber melon > > > > > ARE YOU ABSOLUTELY HAPPY? yes> > > > > > SAY ONE NICE THING ABOUT THE PERSON WHO SENT THIS TO > >YOU: rachel - you are my oldest and truest friend. thanks for always being there. > > > PERSON YOU SENT THIS TO WHO IS MOST LIKELY TO > >RESPOND: > WHO IS LEAST LIKELY TO RESPOND: > > > > > DID YOU SAY THE WHOLE TRUTH? yes > > > > > >
Some of you may have seen the article in the WSJ already, but for those of us in Omaha (who don't typically get the Texas Edition) it was news to us. Not only is the article relevant because it apparently caused the stock to dip by $10, but the article elaborates on concerns that apply to a form of accounting that some of our commercial people would like to have apply to our business. I'm not sure the accounting rules would permit mark to market treatment for transport or storage contracts, but it may be appropriate for financial or commodity deals. DF ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 09/25/2000 09:57 AM --------------------------- ET & S Business Intelligence Department From: Lorna Brennan on 09/22/2000 09:56 AM To: Drew Fossum/ET&S/Enron@ENRON cc: Subject: The Press Behind the Stock Dip? TEXAS JOURNAL Energy Traders Cite Gains, But Some Math Is Missing By Jonathan Weil Staff Reporter of The Wall Street Journal 09/20/2000 The Wall Street Journal Texas Journal T1 (Copyright (c) 2000, Dow Jones & Company, Inc.) Volatile prices for natural gas and electricity are creating high-voltage earnings growth at some companies with large energy-trading units. But investors counting on these gains could be in for a jolt down the road. Shares of these companies have been on a tear lately. And some of the biggest players are in Houston, the center of the energy-trading industry. Dynegy Inc.'s stock is up more than fourfold so far this year at $53.438, and now trades for 41 times what analysts project the company's 2000 earnings will be, according to First Call/Thomson Financial. Shares of Enron Corp., the largest trader of gas and electricity in North America, have nearly doubled this year to $84.875, or 60 times earnings. Meanwhile, El Paso Energy Corp.'s stock has jumped 61% this year to $62.375, or 24 times earnings. Traders at these and other companies are capitalizing on the wild price swings and supply fluctuations that have accompanied deregulation in some regional markets. Natural-gas prices have more than doubled in the past year, while supplies have tightened. And the rapid price fluctuations for electricity have prompted many large businesses to seek price protection through hedging or fixed-price contracts, generating large premiums for traders. But what many investors may not realize is that much of these companies' recent profits constitute unrealized, noncash gains. Frequently, these profits depend on assumptions and estimates about future market factors, the details of which the companies do not provide, and which time may prove wrong. And because of minimal disclosure standards in these kinds of cases, it's difficult for investors to assess whose assumptions might be too aggressive, or what market changes might invalidate the assumptions -- and force earnings revisions. "There could be a quality-of-earnings issue," says Tom Linsmeier, an associate professor of accounting at Michigan State University, who co-authored the U.S. Securities and Exchange Commission's rules on market-risk disclosures for financial instruments. "There certainly might be great volatility that could cause what now looks like a winning, locked-in gain to not arise sometime in the future." The companies reject any suggestion that there may be quality problems with their earnings. But at the heart of the situation is an accounting technique that allows companies to include as current earnings those profits they expect to realize from energy-related contracts and other derivative instruments in future periods, sometimes stretching over more than 20 years. So-called mark-to-market accounting is mandated by accounting-rule makers when companies have outstanding energy-related contracts on their books at the end of a quarter, such as agreements to sell electricity or buy natural gas over a period of time at certain prices. Under those rules, companies estimate the fair market values of those contracts on their balance sheets each quarter as assets or liabilities. Changes in the value of a contract from quarter to quarter then are either added to or subtracted from net earnings. If, for instance, the market price for natural gas rises above the price specified in a company's contract to buy gas, generally the company will record an unrealized gain. That gain is recognized as income and recorded as an asset on the company's balance sheet. At the end of each quarter, the contract is revalued. The value of the previously recorded asset is increased, and any increase in unrealized gain is recorded as additional income. Conversely, if the market value for gas falls, and the value of the contract has declined, any change in the contract's value is recorded on the company's balance sheet, and a loss is recorded on its income statement. e Yet in their financial reports, the companies only vaguely describe the methods they use to come up with fair-value estimates on the contracts. Increasingly, quoted market prices offering independent guidance are becoming readily available for several years into the future. However, with some long-term derivative instruments, particularly electricity contracts, future market prices don't extend far enough to cover the full life of those contracts. And in those cases, companies are allowed to base valuations on their own undisclosed estimates, assumptions and pricing models. "Ultimately they're telling you what they think the answer is, but they're not telling you how they got to that answer," says Stephen Campbell, an analyst at Business Valuation Services in Dallas. "That is essentially saying `trust me.'" Accounting-rule makers at the Financial Accounting Standards Board have debated the subject of how to value energy-related contracts extensively in recent months. "Two companies in similar circumstances might apply different methods to estimate the fair value of their energy-related contracts and may arrive at widely different values," an FASB task force studying the issue wrote in a June report. "Those differences lead to the question of whether some of the methods in practice yield estimated amounts that are not representative of fair value." Despite this concern, FASB isn't inclined to offer any explicit guidance for how such contracts should be valued. "There are just too many models and too many different types of instruments for us to have a one-size-fits-all type of model," explains Timothy Lucas, FASB's director of research in Norwalk, Conn. One way to determine the size of a company's unrealized gains is to compare the change in the values of net assets from risk-management activities from quarter to quarter. Some companies also disclose how much they're adjusting their cash-flow statements to reflect unrealized gains that have been booked as earnings. That's how one can determine the size of the unrealized gains at Dynegy and Enron, for example, the two companies confirm. A reporter's examination of Dynegy's financial filings shows the company's earnings are highly dependent on unrealized gains from risk-management activities. For its most recent quarter, ended June 30, Dynegy reported earnings of 38 cents a diluted share -- 71% of which came from unrealized gains, the company confirms. (The company's per-share earnings would have been 20 cents higher if not for a one-time stock dividend.) For all of 1999, Dynegy recorded $115 million in unrealized gains, accounting for 51% of its earnings. Enron confirms it booked $747 million in unrealized gains from risk-management activities during the second quarter, more than the company's total $609 million in earnings before interest and taxes. Absent unrealized gains, the company would have reported a quarterly loss. For the quarter, the company reported earnings of 34 cents a diluted share, up 26% from a year earlier. But not all companies disclose enough information for investors to calculate how large their unrealized gains are. El Paso says that's the case with its own quarterly reports, which disclose short-term assets and liabilities from risk-management activities -- but not long-term risk-management assets and liabilities. For the second quarter, El Paso reported that its energy marketing and trading unit earned $152 million before interest and taxes, 24 times what it earned a year earlier. In an interview, El Paso's chief financial officer, Brent Austin, says unrealized gains represented about a third of that total. He says most of the cash from those gains will materialize within a year. In its financial reports, Dynegy highlights the uncertainties with some contract valuations. It explains that with some long-term contracts for which market-price quotes aren't available, "the lack of long-term pricing liquidity requires the use of mathematical models to value these commitments . . . [using] historical market data to forecast future elongated pricing curves." Dynegy cautions that actual cash returns may "vary, either positively or negatively, from the results estimated." But like Enron, El Paso and others, Dynegy provides scant details about its mathematical models -- such as the assumptions they use for market volatility and long-term price forecasts for natural gas and electricity. Nor is the company required to disclose more. "The disclosure mentions risks," says John Cassidy, an analyst who tracks Dynegy for Moody's Investors Service in New York. "But I don't know that the disclosure offers enough detail for you to be able to quantify how much risk there is." El Paso's filings warn that "because the valuation of these financial instruments can involve estimates, changes in the assumptions underlying these estimates can occur, changing our valuation and potentially resulting in financial losses." Enron cautions that the values it assigns to various transactions are based on "management's best estimate." The companies are required to disclose what they think their maximum potential single-day risk-management losses might be, figures that also are based on various undisclosed market assumptions. But energy traders cite competitive reasons for not disclosing more. "You don't necessarily want to tip off everyone to what you're doing," says John Harrison, chief financial officer for El Paso's merchant-energy unit. Echoing remarks by executives at other energy traders, Enron's executive vice president and chief accounting officer, Richard Causey, says Enron runs a relatively balanced portfolio and that the estimates factored into his company's valuations are conservative. In large part, he says, those estimates are based on quoted market prices where available. Where they're not available, Mr. Causey says Enron bases its estimates in part on long-term pricing trends, as well as the company's own trading experience, which dates to 1990. Further, Mr. Causey says, Enron's unrealized gains don't depend heavily on gains from long-term contracts that extend beyond the periods for which market quotes are available, reducing the potential for significant earnings revisions. The average length of Enron's risk-management contracts is just two years, he says. To be sure, though, some of Enron's electricity contracts extend for 25 years. "We're getting the cash in quicker than you might think," Mr. Causey says. "They don't stay unrealized very long." El Paso says its contracts have an average life of six years, with some running as long as 20 years. Dynegy says the longest risk-management contracts for which it uses mark-to-market accounting are 10 years, though it doesn't disclose an average length. Dynegy's chief financial officer, Robert Doty, says 96% of the company's gas contracts close out by 2002, while 75% of its power contracts expire by 2003. "The cash will come in," he says. As for why the company doesn't disclose the extent of any bias, bullish or bearish, it has in the market, Dynegy executives say that information, like the estimates behind its mathematical models, is proprietary. Such disclosures may be outdated anyway by the time they could be included in public financial filings, says Michael Mott, a Dynegy vice president. Mr. Mott further explains that Dynegy could be realizing more cash earnings now if it wanted to. But "we don't see that would be in the best interests of shareholders," Mr. Mott says, because the company figures it can earn more later by leaving much of its gains unrealized for now. Mr. Linsmeier of Michigan State compares the current situation for energy traders with the accounting controversies that engulfed subprime automobile and residential lenders during the late 1990s, though he emphasizes it's too far early to tell whether the consequences will be similar. Using so-called gain-on-sale accounting (a form of mark-to-market accounting), those lenders booked earnings from loans as soon as they were made, rather than having to wait for them to be paid off, as banks typically do. But as interest rates fell in 1998, many customers paid off their loans earlier than expected, slashing lenders' profit margins. Compounding matters, the market for mortgage-backed securities dried up in the wake of financial chaos in Russia and other foreign markets, leaving lenders to bear the higher risks of many new loans. Many investors complained they were blindsided, in part because these lenders generally hadn't disclosed their assumptions about prepayment rates and other variables. After the crash, subprime lenders routinely began disclosing the key assumptions used to value their mortgage portfolios. At New York University, accounting professor Baruch Lev says investors would be better served if energy traders' financial filings explained the effects of hypothetical commodity-price movements on the values of their risk-management assets, and disclosed the basic assumptions about future commodity-price movements ingrained in their mathematical models. Says Mr. Lev, "I would like to see much more disclosure, particularly given that this is now becoming a significant component of their earnings." Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Jeff, In order for California to "shut its doors" it must open its interconnections with the rest of the west and become a Texas-like electrical island. This they cannot do. California has a substantial investment in units located in Nevada, Arizona, New Mexico and Utah. The lights would go out in California if they opened the ties. In the 1970's there was a hue and cry over loop flow, with California claiming that it was being injured by others, particularly by the interior systems trading practices, however they never considered opening the ties, because the benefits of interconnection were so large that the "cost" of loop flow was far exceeded by the value of regional trade, i.e., they are economically interdependent. If such a foolish thing were done and California full "closed its doors" by opening its ties, cost would go up in the Northwest, in California and all the rest of the Western System. There are "gains for trade" which accrue to all parties from interconnection. The trade is more complicated than just summer/winter peaks (seasonal load diversity) there is also seasonal resource diversity (Spring run off effects) and finally there opportunity to capitalize on storage vs base load thermal operations. I will address the last point first to illustrate the complexity of the trading patterns. The interior west (Montana, Wyoming, Utah, Arizona and New Mexico) has large amount of base load coal plants. As load drops off in those areas, the energy flows to the coast to back off peaking plants and to back off hydro. The reduction of hydro production allows night time reservoir refill which can be used to meet peak load in the Northwest and California. This can be seen in the attached file, which contains a set of plots for hourly flow on the Pacific DC Intertie Jun97, Dec 97, Jun 98, Dec 98, Jun 99, Dec 99, Jun00. In these plots the clear day/night exchange of energy can be seen, especially in the Jun00 plot when sales are being made to California in the day and to the Northwest at night. This day to night storage exchange benefits lowers costs for everyone. On top of this daily/weekly cycle, there is the seasonal shift in load diversity you noted. For the Northwest, its peak load occurs when energy production is the lowest -- during the winter. As a stand alone system, the Pacific Northwest (i.e., the Columbia Drainage area) is energy constrained. The hydro in that area does not produce enough energy to meet annual needs. There is plenty of generating capacity to meet any peak, but not enough to total water flow. Energy imports from Wyoming and Montana (e.g. Colstrip and Bridger) are required to allow the Pacific Northwest to meet its annual energy requirement. With these energy inputs from the coal fields, the seasonal water budget can be arranged to get the most value out of the hydro system, although fish, navigation, irrigation, etc. impose an increasing number of constraints. Energy imports from in the winter from the South help to meet this energy balance during the winter so water can be reserved until the snow pack is better know in early Spring. Some of the sales to the Northwest from California during the winter are a result of displacement from Desert Southwest energy moving through California and then up the Interties to the Northwest. Finally, the Spring run off/fish flush when production on the river is at a maximum and load in the Northwest is down. The sale of these surpluses paid for the Pacific Intertie lines and remain important to the entire system. Much system maintenance of base load units has been historically been planned to take advantage of this factor. Again both California and the Northwest benefit from this trade. In all cases, the parties would be worse off if the ties were open and everyone was on their own. The Northwest may be capacity long, but it is typically energy short, even in flush hydro years. The winter energy imports from the South hold Northwest costs down just as spring run off sales to the South lower energy costs in California. California cannot craft a solo solution that ignores the rest of the West. It is probably hard to decide who would be worst off if California "closed its doors". It is only clear that total cost would rise in both California and the rest of the West from which it divorced itself. I hope this rambling response comes at the question you raise. Steve Jeff Dasovich@ENRON Sent by: Jeff Dasovich@ENRON 02/28/2001 11:35 AM To: James D Steffes/NA/Enron@Enron cc: Alan Comnes/PDX/ECT@ECT, Mary Hain/HOU/ECT@ECT, Steve Walton/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Richard Shapiro/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT Subject: Re: Cost of Protectionism To Jim's last point. I understand that the good 'ol utility system was often operated with little regard for basic economic principles, but there's something in this that seems very odd and difficult to assess, and it seems to always be tied to this notion that "California is a net importer, even in the winter." I'm going to start with the economics and then let folks describe why it seemingly doesn't apply in Western electricity markets. Just about every theory of economics and trade would lead to one conclusion: If California closes it's doors the other Western states will pay higher prices for power and/or face increased threats to reliability. I'm struggling to try to determine why these basic principles aren't applicable to Western power markets. I understand that the PNW is a very complex place and that the reasons could be embedded in the arcane structure that has developed over the years. To keep it simple (though not necessarily accurate), I've confined the analysis to a world in which only the PNW and California exist. The basic situation: The PNW peaks in the winter; California peaks in the summer. Let's take two scenarios: 1) The West, less California, is so awash in electricity that even in its peak--the Winter--it still has power to send to California, i.e., it has so overbuilt it's system that it has persistent surpluses to sell to California. Irrespective, there have (to my limited knowledge) always been sales from CA to the PNW during the winter, when the PNW is peaking. The only conclusion that one can make, assuming that the PNW is awash in electricity, is that the PNW takes the power in California because it makes economic sense to do so. That is, during the winter peaking months, it must be cheaper on the margin for the PNW to buy from California rather than produce itself. Otherwise, it's difficult to understand why it would buy from California during this month, particularly if they're long. As such, at a minimum, the PNW's electric bill will necessarily increase if California closes its doors. 2) Neither the PNW , nor California, has indigenous capacity to meet peaking load. Therefore, the PNW must buy California's power during its peaking summer period, and California must buy power during it's summer peaking period. In this case, not only will the PNW's bill go up if California closes its doors, the lights are likely to go because they'll be short power. I realize that this is a simplistic model, and that there could be other legitimate economic factors driving the flows out of California to the PNW (e.g., transmission costs). And again, I also realize that economics may not have traditionally been a driver in the industry. But I thought it might be useful to get a common framework in place as a starting point for the question that Jim asks. With that, I'll pose the question (understanding the simplicity of the model set forth above): Given that California sends power north--even if the PNW is long---how can California closing it doors not increase the PNW's cost of power? Best, Jeff James D Steffes 02/28/2001 08:05 AM To: Alan Comnes/PDX/ECT@ECT cc: Jeff Dasovich/NA/Enron@Enron, Mary Hain/HOU/ECT@ECT, Steve Walton/HOU/ECT@ECT, Susan J Mara/NA/Enron@Enron Subject: Re: Cost of Protectionism It seems to me that this information leads one to conclude that the value of an open transmission network is that California does not have to build 5,000 MW of power plant (4,500 MW max input + 10%) in state. In other words, if California were to disconnect from the grid, someone would have to build additional power plants in-state. The cost to California consumers is therefore the annual carrying cost of 10 500 MW plants (made even more expensive after California expropriates the current fleet of merchant generation). From the perspective of the remainder of the West, the question still remains - if California does go it alone, what is the economic impact? Other than legal arguments about Interstate Commerce, why should the Federal Government want to continue to pursue open acess? This is the hard question that we need to answer. Jim Alan Comnes@ECT 02/27/2001 09:40 PM To: James D Steffes/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron cc: Susan J Mara/NA/Enron@ENRON, Steve Walton/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT Subject: Cost of Protectionism Jim, Jeff: Jim asked me in a voice mail what would be the cost to California of moving from the current (evolving) system of open access to a "protectionist" environment where access to the grid would be determined by a political body responding to populist pressures. Here are some things to consider. We can talk more and I welcome Sue Mara or Steve Walton's input: California is a net importer so any restraint of trade would risk the state being able to meet its own demand. See attached slides that show PNW-CA trade. Even in the winter, power on a net basis flows south. Limiting open access would primarily act to hold in-state generators hostage. this will kill incentives for new investment If the ISO's proposal for market power mitigation are any guide of where a protectionist ISO would go: in-state generators would be required to sell forward or lose their market based rate certificates load serving entities would be required to contract forward for load and a reserve margin. This is costly: it will lead to centralized planning solutions to reliability rather than more efficient market outcomes Artifical notions of "just and reasonable" rates (on top of unreasonable reserve requirements) would lead to severe reliability problems. (In other words, if Steve Peace has his way, the imports into the state will drop off signficanly) There is no reason the state would be more effective at expanding the grid (e.g., Path 15) than the current system. (Although, admittedly the current system has flaws. The CAISO was set up with little thought to transmission expansion planning. Other RTOs are not repeating this mistake.).
Return-Path: <ashley.craddock@accenture.com> Received: from rly-xb01.mx.aol.com (rly-xb01.mail.aol.com [172.20.105.102]) by air-xb02.mail.aol.com (v78_r3.8) with ESMTP; Fri, 15 Jun 2001 17:23:39 -0400 Received: from mpcmr1002.accenture.com (mpcmr1002.accenture.com [4.19.165.11]) by rly-xb01.mx.aol.com (v78_r3.8) with ESMTP; Fri, 15 Jun 2001 17:23:07 -0400 Received: from amrhm1102.accenture.com (amrhm1102.accenture.com [10.2.17.115]) by mpcmr1002.accenture.com (Switch-2.0.6/Switch-2.0.6) with ESMTP id f5FLL8m14812; Fri, 15 Jun 2001 16:21:08 -0500 (CDT) X-Priority: 3 (Normal) Subject: Quarter-life Crisis To: bonniebaker@hotmail.com, marybatton@hotmail.com, mbosworth@mail.utexas.edu, scotclinton@hotmail.com, JOSIE.COINER@SUPPORTKIDS.COM, katieconnally@hotmail.com, rebeccacooke@hotmail.com, katherine@ddc.net, ldegeurin@ddc.net, kendle.r.ege@us.andersen.com, cfain@questia.com, kimflack@yahoo.com, carolinegay@yahoo.com, cgay@smednet.com, josh.grahmann@halliburton.com, boges3@hotmail.com, melissahanks@hotmail.com, allisonhealy@hotmail.com, fofo34@hotmail.com, j_jordan2@hotmail.com, mcgeeat@hotmail.com, nnew@softchoice.com, AReading@hou.foxtvsales.com, kateerobinson@hotmail.com, lrosen12@yahoo.com, russelk@towers.com, william.a.schafer@accenture.com, Ashleastu@aol.com, aly1176@aol.com, marwhit@yahoo.com X-Mailer: Lotus Notes Release 5.0.4 June 8, 2000 Message-ID: <OF4036EDDF.C00F389E-ON86256A6C.0074E2A1@accenture.com> From: ashley.craddock@accenture.com Date: Fri, 15 Jun 2001 16:19:12 -0500 X-MIMETrack: Serialize by Router on AMRHM1102/Server/Accenture(Release 5.0.6a |January 17, 2001) at 06/15/2001 04:28:13 PM MIME-Version: 1.0 Content-type: text/plain; charset="us-ascii" > > > Quarter-life Crisis > > They call it the "Quarter-life Crisis." > > It is when you stop going along with the crowd and start realizing that > there are a lot of things about yourself that you didn't know and may not > like. You start feeling insecure and wonder where you will be in a year or > two, but then get scared because you barely know where you are now. You > start realizing that people are selfish and that, maybe, those friends that > you thought you were so close to aren't exactly the greatest people you > have ever met and the people you have lost touch with are some of the most > important ones. What you do not realize is that they are realizing that too > and are not really cold or catty or mean or insincere, but that they are as > confused as you are. > > You look at your job. It is not even close to what you thought you would be > doing or maybe you are looking for one and realizing that you are going to > have to start at the bottom and are scared. You miss the comforts of > college, of groups, of socializing with the same people on a constant > basis. But then you realize that maybe they weren't so great after all. You > are beginning to understand yourself and what you want and do not want. > Your opinions have gotten stronger. You see what others are doing and find > yourself judging a bit more than usual because suddenly you realize that > you have certain boundaries in your life and add things to your list of > what is acceptable and what is not. > > You are insecure and then secure. You laugh and cry with the greatest force > of your life. You feel alone and scared and confused. Suddenly change is > the enemy and you try and cling on to the past with dear life but soon > realize that the past is drifting further and further away and there is > nothing to do but stay where you are or move forward. > > You get your heart broken and wonder how someone you loved could do such > damage to you or you lay in bed and wonder why you can't meet anyone decent > enough to get to know better. You love someone but maybe love someone else > too and cannot figure out why you are doing this because you are not a bad > person. One night stands and random hook ups start to look cheap and > getting wasted and acting like an idiot starts to look pathetic. > > You go through the same emotions and questions over and over and talk with > your friends about the same topics because you cannot seem to make a > decision. You worry about loans and money and the future and making a life > for yourself and while winning the race would be great, right now you'd > just like to be a contender! > > What you may not realize is that everyone reading this relates to it. We > are in our best of times and our worst of times, trying as hard as we can > to figure this whole thing out. We are making a lot of mistakes, but > helping one another learn from them and reaching out to pull one another > up. We are not the shiniest group of people, but we are very much a > circle. We are there for one another and will listen and grow for the rest > of our lives. We will piss one another off, but we will also heal one > another's hearts. We are the group who sometimes doesn't need words but > will laugh at the end of a conversation that started with angry words. We > are friends and in 10 years, when we have figured out where we fit in in > this world, we will still be friends always and forever! > > ---------------------------------------------------------------- > The information transmitted is intended only for the person or entity to > which it is addressed and may contain confidential and/or privileged > material. Any review, retransmission, dissemination or other use of, or > taking of any action in reliance upon, this information by persons or > entities other than the intended recipient is prohibited. If you received > this in error, please contact the sender and delete the material from any > computer. > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com
Today's IssueAlert Sponsors: <http://secure.scientech.com/rci/wsimages/customer-carebanner.jpg> SCIENTECH is currently interviewing 1,500 utilities on CIS/CRM and customer care in the United States and Canada to determine: The leading software providers Drivers of utility technology decisions Analysis of license sales versus ASP sales New market opportunities Growing/shrinking software markets Download a sample prospectus for an introduction to this new survey at: <http://secure.scientech.com/specialpages/Multi_Client.asp> and contact Jon Brock at 505-244-7607 for more details. The Center for Public Utilities and The National Association of Regulatory Utility Commissioners present: THE BASICS: <http://cpu.nmsu.edu/> Hands-on framework that shows the interrelationships of the topics and how they fit together and provides a set of analytical skills required to understand the issues. October 14-19, 2001 in Albuquerque, NM. Contact Jeanette Walter at jeawalte@nmsu.edu <mailto:jeawalte@nmsu.edu> for more information. <http://secure.scientech.com/rci/wsimages/scientech_logo_small.jpg> <http://secure.scientech.com/rci/wsimages/IssueAlert_Logo_188.jpg> October 16, 2001 Dynegy Remains on a Roll as Earnings Soar By Will McNamara Director, Electric Industry Analysis <http://secure.scientech.com/rci/wsimages/will100border_copy.jpg> [News item from Reuters] Power marketer and trader Dynegy Inc. (NYSE: DYN) announced that its third-quarter earnings hit the upper end of Wall Street expectations as its backbone wholesale energy business delivered strong returns. The company said earnings rose to $286 million, or 85 cents per diluted share, from $177 million, or 55 cents per diluted share, for the same period in 2000. Analysts polled by Thomson Financial / First Call had expected earnings in a range of 77 cents to 85 per share, with a mean expectation of 82 cents. Analysis: Dynegy has scored an impressive feat in beating its stellar financial performance over the course of 2000. Given the restrictions placed on power generators in California, general market upheaval and impact on the economy that has resulted from the events of Sept. 11, one might have expected Dynegy to see its earnings dip slightly compared to its 2000 performance. Quite to the contrary, Dynegy has emerged once again as a bright star in a rather bleak financial galaxy, demonstrating that its core focus on marketing and trading, along with a cautious approach into international markets and uncertain businesses such as telecom, is a winning strategy. Even in a weakened economy in which its own stock has fallen some 24 percent over the course of 2001, due in large part to market turmoil, Dynegy still stands out as a leader in the energy field, and almost single-handedly has kept energy stocks high on the radar screen of Wall Street. Dynegy's numbers command attention. In addition to its impressive 3Q report, during the first nine months of 2001 Dynegy has earned $571 million, or $1.69 a share, compared with $395 million, or $1.17, for the first nine months of 2000. Dynegy also has raised its earnings estimate for year-end 2001 to a range of $2.09 to $2.10 per diluted share from the $2.07 target set on Oct. 1. For 4Q and year 2002, Dynegy remains comfortable with its previously established target of 40 to 41 cents a share and $2.50 to $2.60 a share, respectively. The revised figures represent an increase of well over 30 percent for Dynegy's projections for 2000. Further, the company said that it remains confident that its projected earnings per share (EPS) growth rate over the next three years (through 2003) will average 20 percent to 25 percent. Without question, the vast majority of earnings increase at Dynegy is being derived from the company's Marketing and Trade unit, which Dynegy said accounted for more than 90 percent of the 3Q profits. In fact, out of the $286 million that Dynegy reported in the 3Q 2001 earnings, $263 million came from the marketing and trading division, representing an increase of 85 percent from 3Q 2000. Dynegy Marketing and Trade is engaged in a broad array of energy businesses, including the physical supply of and risk management activities around wholesale natural gas, power, coal, emission allowances, and weather derivatives. On the basis of the marketing and trade subsidiary, Dynegy is currently ranked as the fifth largest gas marketer in the country, and its ongoing success has resulted from a dual focus on natural-gas trading and power generation. For year-end 2000, Dynegy Marketing and Trade reported a 252-percent increase in recurring net income to $355 million, representing nearly 80 percent of Dynegy Inc.'s overall results. The segment's performance benefited from Dynegy's expanded North American natural-gas and power operations, including the integration of Illinova's unregulated generation assets, strong marketing, trading and risk management activities and a return to normal weather patterns. Clearly, this particular unit is the primary earnings driver for the entire company. In the third quarter, Dynegy Marketing and Trade's North American natural-gas volumes grew 12 percent to 11.0 billion cubic feet per day (Bcf/d), an increase from 9.8 Bcf/d during 3Q 2000. Also under the same unit, total power sales increased 86 percent to 90.5 million MWh in 3Q 2001, compared to 48.7 million MWh in 3Q 2000. This 86-percent jump in total physical power sales led to an 85 percent year-over-year increase in recurring income for the marketing and trade division. According to Dynegy, the higher volumes in both gas and power were the result of improved market liquidity, greater market origination, increased sales volumes on Dynegydirect, and incremental gas marketing in Canada. Part of the expansion of this business will be an ongoing penetration of the European trading market. However, Dynegy maintains that, unlike its direct competitor Enron, its European expansion is methodical and cautious. Dynegy recently expanded its Dynegydirect trading portal into the United Kingdom, but its penetration of this market has been much slower than Enron, which, according to Dynegy, tried to expand into the European market "in a hurry." Another Dynegy rival is Reliant Energy, which also expanded into Europe in advance of other companies and is now reportedly considering a sale of its electricity generation business in the Netherlands. The comparison that Dynegy has made between itself and Enron may be intentional. Along with being long-time Houston-based rivals, Dynegy must find its current success even sweeter considering the turmoil that has taken place at Enron over the last year. Of course, Enron lost its CEO Jeffrey Skilling just over a month ago when he resigned amid the company's diminished stock value and huge losses in the telecom sector. Enron released its own 3Q earnings report on Oct. 16. Enron's core wholesale trading and marketing division met targets and drove up profits by 35 percent. The company's earnings also rose to $393 million, or 43 cents a share, from $292 million, or 34 cents a share, in 3Q 2000. However, Enron posted a 3Q net loss as it faced $1.01 billion in charges, which included a $287 million write-down on its Azurix venture, $180 million from the restructuring of its broadband unit and $544 million in investment losses related to The New Power Company. What we know presently is that Enron's stock has dropped about 57 percent over the course of 2001, due to its troubled broadband sector, losses associated with its Dabhol subsidiary in India and overall downward market trends. If there is something that could be considered a blemish on Dynegy's current record, it may be its telecom business, known as Dynegy Global Communications, in which the company reported a $15 million loss for the third quarter. Dynegy Global Communications seeks to capitalize on the growing convergence between energy and communications sectors by building a broadband marketing and trading system. Dynegy has said that the loss is due to costs associated with developing its 16,000-mile bandwidth network, which reaches 44 U.S. cities and is expected to be completed in the four quarter. Unlike other power companies that are trying to exit the telecom sector (Reliant, for example), Dynegy still projects that it will find long-term success in this area, in part because it is taking a cautious approach toward expansion. Also, as another means of comparison with Enron, Dynegy's telecom business lost $15 million in the third quarter while Enron's broadband unit took a loss of $80 million. Another unit taking losses is Illinois Power, Dynegy's regulated transmission and distribution subsidiary, which reported a $15-million loss in 3Q 2001. Dynegy attributed this loss to a reduced industrial load. Perhaps the other area that may give pause to investors is Dynegy's engagements in the California market, which still remains unresolved. Dynegy is reportedly still owed about $320 to $325 million for power that was sold to the California utilities before the state government took over as the primary power purchaser. Despite Dynegy's best efforts to obtain the outstanding balance, and its confidence that it will ultimately be paid, the financially unstable condition of Pacific Gas & Electric Co. and Southern California Edison makes the timetable for any such payment quite uncertain. Also impacting Dynegy's California involvement are reports that California lawmakers want to renegotiate long-term agreements that the Department of Water Resources signed with various power suppliers, including Dynegy, earlier in the year. Wholesale prices have dropped considerably since the state of California signed the long-term contracts, and thus the state wants to renegotiate a better price for the power. Dynegy claims, however, that the contract it signed with the state contains legal protection for Dynegy's interests. Overall, however, Dynegy's 3Q financial report represents what is one of the few unqualified success stories in the energy industry. Stacked up against other companies that have struggled against the volatility of the nation's economy, Dynegy is clearly flourishing. Like other companies with heavy assets in generation, the fact that Dynegy's marketing and trading division is the primary profit driver for the company is not a revelation. What is perhaps more important is the diligent way in which Dynegy has methodically accumulated an arsenal of generation assets and expanded into new business lines with a very cautious approach. An archive list of previous IssueAlerts is available at www.scientech.com <http://secure.scientech.com/issuealert/> We encourage our readers to contact us with their comments. We look forward to hearing from you. Nancy Spring <mailto:nspring@scientech.com> Reach thousands of utility analysts and decision makers every day. Your company can schedule a sponsorship of IssueAlert by contacting Jane Pelz <mailto:jpelz@scientech.com>. Advertising opportunities are also available on our Website. Our staff is comprised of leading energy experts with diverse backgrounds in utility generation, transmission & distribution, retail markets, new technologies, I/T, renewable energy, regulatory affairs, community relations and international issues. Contact consulting@scientech.com <http://consulting@scientech.com> or call Nancy Spring at 1-505-244-7613. SCIENTECH is pleased to provide you with your free, daily IssueAlert. Let us know if we can help you with in-depth analyses or any other SCIENTECH information products. If you would like to refer a colleague to receive our free, daily IssueAlerts, please reply to this e-mail and include their full name and e-mail address or register directly on our site. If you no longer wish to receive this daily e-mail, and you are currently a registered subscriber to IssueAlert via SCIENTECH's website, please visit <http://secure.scientech.com/account/> to unsubscribe. Otherwise, please send an e-mail to to IssueAlert <mailto:IssueAlert@scientech.com>, with "Delete IA Subscription" in the subject line. SCIENTECH's IssueAlerts(SM) are compiled based on the independent analysis of SCIENTECH consultants. The opinions expressed in SCIENTECH's IssueAlerts are not intended to predict financial performance of companies discussed, or to be the basis for investment decisions of any kind. SCIENTECH's sole purpose in publishing its IssueAlerts is to offer an independent perspective regarding the key events occurring in the energy industry, based on its long-standing reputation as an expert on energy issues. Copyright 2001. SCIENTECH, Inc. All rights reserved. <http://infostore.consultrci.com/spacerdot.gif?IssueAlert=10/16/2001>
Not trying to lecture you. -----Original Message----- From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com] Sent: Thursday, October 18, 2001 8:03 AM To: Grindal, Corey Subject: RE: Discount Forget it. I don't need your lecture. -----Original Message----- From: "Grindal, Corey" <Corey.Grindal@ElPaso.com>@ENRON Sent: Thursday, October 18, 2001 7:51 AM To: Germany, Chris Subject: RE: Discount Because you have a discount before and after makes little difference - some people call some days and not the next. Kathy has called on Saturday and Sunday for intraday rates. I will go back and make corrections for you on the 14th. How much volume? Corey -----Original Message----- From: Chris.Germany@enron.com [mailto:Chris.Germany@enron.com] Sent: Thursday, October 18, 2001 7:47 AM To: Grindal, Corey Subject: RE: Discount I believe I did because 1) I used the .12 rate in pricing the deals in my system and the deals are at a fixed price which means I had to calculate it AND 2) I had the discounts on gas flow before the 14th and gas flow on days after the 14th AND 3) the 14th is a Friday which makes me think we would not have forgotten to call as oppossed to an intraday on Sat or Sun. Its only a diff of $80 or so. So if its difficult or "improper" don't worry about it. Thanks -----Original Message----- From: "Grindal, Corey" <Corey.Grindal@ElPaso.com>@ENRON Sent: Thursday, October 18, 2001 7:34 AM To: Germany, Chris Subject: RE: Discount Nothing is set up. Did you call in? -----Original Message----- From: Germany, Chris [mailto:Chris.Germany@ENRON.com] Sent: Wednesday, October 17, 2001 4:10 PM To: Grindal, Corey Subject: Discount Would you see if we have a discount for gas flowing from 500L to Carnes on Sep 14th? We had discounts before and after so it seems like we would have a discount for that day as well. I can't find anything in my notes. Thanks ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at enron.messaging.administration@enron.com and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. ********************************************************************** ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ****************************************************************** ****************************************************************** This email and any files transmitted with it from the ElPaso Corporation are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you have received this email in error please notify the sender. ******************************************************************
I agree that the proposed facilities could be constructed under the prior notice provisions of TW's blanket certificate if the cost and environmental requirements are met. The facilities appear to meet the criteria for an "eligible facility" under section 157.202(b)(2)(i): they are necessary to provide service to Big Sandy within existing mainline certificate levels, and according to my research the facilities are similar to those that the Commission routinely has found to be eligible under a blanket certificate. The prior notice project cost limit for year 2000 is $20,200,000. (Sec. 157.208). If the project is not within this cost limit we will need to seek a 7(c) certificate. I've researched the incremental rate question and here's what I've been able to find out: In the context of a 7(c) application, FERC generally requires use of existing Part 284 rates. This was the case when TW applied for a certificate to construct the San Juan lateral. TW requested a separate zone rate for the lateral in that proceeding but FERC stated that a section 7 proceeding was not the appropriate forum. The Commission stated, however, that it would be willing to entertain an abbreviated Section 4 filing by TW to revise its Part 284 rates to inclue zone rates for the lateral. So TW made a Section 4 filing and got zone rates approved based on the cost of service for the lateral. Whether we construct the Big Sandy lateral under the blanket certificate or not, it appears that we would have to file a limited section 4 if we want to implement rates for the lateral that are different from the West of Thoreau rates. As for whether an open season would be required, I assume it would not be if Caithness is going to fully subscribe the capacity on the lateral. However, if other shippers are interested and we want to get the best rate we'll probably want to have an open season. In any event, in the context of a 7(c) application FERC is going to put us at risk for recovery of costs, so it would be to our advantage to sell 100% of the new capacity. At this point I am uncertain whether we even want or need different rates for the Big Sandy lateral...ultimately it will depend on the cost of the project and what rates would make it economic for TW to proceed. I hope this helps...if there are further questions or if any of this does not sound right to you let me know. Michele Winckowski 08/17/2000 01:39 PM To: Drew Fossum/ET&S/Enron@ENRON, Mary Kay Miller/ET&S/Enron@Enron, Maria Pavlou/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@Enron, Glen Hass/ET&S/Enron@Enron cc: Keith Petersen/ET&S/Enron@ENRON, Jeffery Fawcett/ET&S/Enron@ENRON, Susan Scott/ET&S/Enron@ENRON Subject: Re: Caithness Big Sandy, LLC. Project As you are aware, Transwestern is working with a shipper to potentially provide service to a new power plant located approximately 40 miles off the mainline in Arizona. Although, the final negotiation are not complete certain options are being evaluated, I need some assistance in interpreting the regulations regarding the authority we should use for approval of this project. The facilities that would be constructed include a delivery point and approximately 40 miles of pipe. As these facilities are non-mainline, it may be possible to construct the proposed facilities under the prior notice provisions of TW's blanket certificate, provided the project satisfies the blanket criteria (generally costs and environmental). With this in mind, I have the following issues and questions: Preliminarily, marketing is thinking that we may want to develop an incremental rate to recover the cost of the project. Would a new incremental rate for this service impact our ability to file for approval under the prior notice provisions? Note: Generally, Subpart F of Part 157 (blanket regulations) does not address service issues as transportation service is provided under Part 284 of the Commission's regulations. However, the regulations (o157.204) set forth Who may apply for a blanket certificate. The criteria includes, among other things, any interstate pipeline that has rates accepted by the Commission. Therefore, would an incremental rate have to be approved by the Commission before the proposed facilities would be blanket eligible? Can a new incremental rate be established through a limit-section 4 rate filing or is a case-specific certificate required? As the facilities will not include any mainline expansion - Is an open season required for the project? My opinion is "NO". Do you agree? Your thoughts and assistance in this matter would be greatly appreciated. Thanks MW
I will ask him to give you a call he is sitting right near me this week. From: Sara Shackleton@ECT on 04/16/2001 05:37 PM To: Tom Doukas/NA/Enron@ENRON cc: Subject: Re: Enron Credit Inc. ("ECI") How can I get in touch with Derek Lee? Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com Tom Doukas@ENRON 04/16/2001 04:04 PM To: Sara Shackleton/HOU/ECT@ECT cc: Cheryl Nelson/NA/Enron@Enron, Derek Lee/EU/Enron@Enron Subject: Re: Enron Credit Inc. ("ECI") Sara, The point person in London has been Derek Lee. He is here in Houston right now, and will be for the remainder of the week. I would love it if we could coordinate both entities as one negotiation. Perhaps you and derek should compare notes? FYI - Ted Leh has sent a message to Jeff Kinneman that he is working with you on the docs. Thanks, that should ease management's mind somewhat as to continuing progress. Thanks, Tom From: Sara Shackleton@ECT on 04/16/2001 03:54 PM To: Tom Doukas/NA/Enron@ENRON cc: Cheryl Nelson/NA/Enron@Enron Subject: Re: Enron Credit Inc. ("ECI") Tom: I forwarded a copy of the ECI unanimous consent to Goldman to see if they will accept "as is". I have not heard back. Goldman legal will email repo docs. Regarding Enron Credit Limited ("ECL"), I spoke with Goldman commercial and understand that someone (don't know who) from London ECL contacted Goldman inquiring about repos. I'm happy to facilitate with contacts, etc. so please let me know. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com Tom Doukas@ENRON 04/16/2001 01:29 PM To: Cheryl Nelson/NA/Enron@Enron cc: Sara Shackleton/HOU/ECT@ECT Subject: Re: Enron Credit Inc. ("ECI") Whenever you decide whether the UCD for ECI is sufficient or not please let me know urgently. Management in London has some aggressive expectations for a deliverable on repos. We will have to push back on them if the UCD has to be redrafted. I would very much like to give management a clear status and a realistic time-frame for when we can expect to have the repo capacity in place. I do recognize the time frame is highly dependent on what the current situation actually is. Therefore I am hopeful we can answer the below questions sooner than later. If I can provide any help in anyway please let me know. Tom, 04/16/2001 12:16 PM Cheryl Nelson Cheryl Nelson Cheryl Nelson 04/16/2001 12:16 PM 04/16/2001 12:16 PM Sent by: Cheryl Nelson To: Tom Doukas/NA/Enron@ENRON cc: Sara Shackleton/HOU/ECT@ECT Subject: Re: Enron Credit Inc. ("ECI") Sara, I do not agree with the view that we cannot use the existing resolutions for repos. Please call me at your convenience so that we can discuss. Cheryl Nelson Senior Counsel EB3816 (713) 345-4693 Tom Doukas 04/16/2001 08:55 AM To: Sara Shackleton/HOU/ECT@ECT cc: Cheryl Nelson/NA/Enron@Enron Subject: Re: Enron Credit Inc. ("ECI") I am assuming that you are saying that if repos go through the Prime Broker accounts it is a problem. The poblem being that the current brokerage agreements for ECI do not provide for repos. Is my assumption correct? Is our UCD adequate as is for repos? What is our existing format that you mention below? Are you able to pursue this with Goldman right now today? Thanks, Tom From: Sara Shackleton@ECT on 04/16/2001 08:36 AM To: Tom Doukas/NA/Enron@ENRON cc: Cheryl Nelson/NA/Enron@Enron Subject: Re: Enron Credit Inc. ("ECI") Tom: I am not certain that the existing resolution permits repurchase and reverse repurchase transactions and securities lending, bonds borrow pledge, etc. as the brokerage consent was not written to accommodate these types of transactions. However, if the repo party will accept our existing format, then we need not worry. I'll call Ted Leh and try to find the proper Goldman person. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com Tom Doukas@ENRON 04/16/2001 08:10 AM To: Sara Shackleton/HOU/ECT@ECT cc: Cheryl Nelson/NA/Enron@Enron, David A Wall/Risk Mgmt/LON/ECT@ECT, Greg Hedger/LON/ECT@ECT, Reza Rezaeian/EU/Enron@ENRON Subject: Re: Enron Credit Inc. ("ECI") Sara, Can you please provide your findings on the following items: 1. Determine with Cheryl that ECI is in fact authorized to transact Repos 2. How robust the Goldman Repo agreements are, and their sutability to ECI. 3. An estimate on how long it will take to set up the Goldman Repo Agreements in ECI's name. Can you please also provide any ideas how ECI or ECL could transact a Repo trade today using existing documentation. London has indicated an urgent need to carry out these transactions. Thanks, Tom
OK, So far it looks likes this. "Yes" is a date you can meet, "No" you can't. 18 19 21 22 25 26 27 Jerry No No No No No No Yes Mons No Yes No No Yes Yes Yes Robert Dometrios Lisa Chris Carmine John Bill Susan Thanks! Mons -----Original Message----- From: Harshbarger, Robert [mailto:bharsh@puget.com] Sent: Tuesday, June 12, 2001 5:56 PM To: Ellingson, Mons M(Z34655); 'Fotiou, Demetrios'; 'Grow, Lisa'; 'Smith, Chris'; 'Tilghman, Carmine'; 'Underwood, John'; 'Williams, Bill'; 'DEMPSEY@wapa.gov'; 'Holden-Baker, Susan' Cc: Hackney, Mark W(Z39911) Subject: RE: A3A1 Ad Hoc Review Team Great suggestion. Yes, a meeting is needed, especially for same day timelines. May I suggest the conference center meeting rooms at the Portland Airport? A fly-in, fly-out meeting 9:30 a.m. to 3:30 p.m. If you have a better location or better idea, speak-up. Otherwise, I'll check on availability of a room. Looks like we are down to the last two weeks of this month - 18, 19, 21, 22, 25, 26, or 27. I'll try to send out a list of topics for an agenda tomorrow. Robert Harshbarger Puget Sound Energy OASIS Trading Manager 425.882.4643 (desk) 206.604.3251 (cell) > ---------- > From: Holden-Baker, Susan - TMS-DITT2[SMTP:smholden@bpa.gov] > Sent: Tuesday, June 12, 2001 1:33 PM > To: 'Harshbarger, Robert'; 'Ellingson, Mons'; 'Fotiou, Demetrios'; > 'Grow, Lisa'; 'Holden-Baker, Susan'; 'Smith, Chris'; 'Tilghman, Carmine'; > 'Underwood, John'; 'Williams, Bill'; 'DEMPSEY@wapa.gov' > Cc: 'Hackney, Mark'; Carter, Gloria J - TMS-DITT1; Ellingwood, Robert G > - TMS; Hutchison, Wesley A - TMS; Buchanan, Shepard - TMS-DITT1; Buckmier, > Shirley M.- TMS; McNeil-Keister, Jean - TMS; Hoffman, Lorie S - TMS-DITT1; > Lyons, Barry D - TMS-DITT1 > Subject: RE: A3A1 Ad Hoc Review Team > > <<File: NERC Policy 3 E-tag timelines-draft2.doc>> > I have attached BPA Transmission Schedulings' response to the questions > posed by Bob in his email dated May 21 below. If the group feels it would > be helpful to meet to discuss the timeline issues, I am in support of that > effort. Otherwise, I look forward to the responses from the rest of the > group. Thanks, Sue. > > Sue Holden-Baker > Bonneville Power Administration > Transmission Supply > (360) 418-8278 > smholden@bpa.gov > > > -----Original Message----- > From: Harshbarger, Robert [mailto:bharsh@puget.com] > Sent: Tuesday, May 22, 2001 8:50 AM > To: 'Ellingson, Mons'; 'Fotiou, Demetrios'; 'Grow, Lisa'; 'Holden-Baker, > Susan'; 'Smith, Chris'; 'Tilghman, Carmine'; 'Underwood, John'; > 'Williams, Bill' > Cc: 'Hackney, Mark' > Subject: RE: A3A1 Ad Hoc Review Team > > > Timeliners: > > Revision to yesterday's e-mail - due date is end of July. So proposals by > mid-June, first draft report by early/mid-July, discussion throughout. > > Bob > > > ---------- > > From: Harshbarger, Robert > > Sent: Monday, May 21, 2001 5:16 PM > > To: Ellingson, Mons; Fotiou, Demetrios; Grow, Lisa; > Holden-Baker, Susan; > > Smith, Chris; Tilghman, Carmine; Underwood, John; Williams, Bill > > Cc: 'Hackney, Mark' > > Subject: A3A1 Ad Hoc Review Team > > > > Yes, that's right, you did raise your hand for this. > > > > We are to submit to ISAS any recommendation(s) by August ??, 2001 (what > > was the date, I didn't write it down). > > > > Is there benefit to have a face-to-face meeting? Either way, we'll use > > e-mail for discussion and maybe a conference call or two. > > > > First assignment is to read: > > * A3A1-Interim is what we are currently running with. > > * A3A1-version3-draft2 goes before the NERC BOT June 10-11. > > * A3A1-candr contains public comments and responses from NERC IS. > > > > <<File: a3a1-interim.doc>><<File: a3a1v3d2-0501.doc>><<File: > > a3a1candr.doc>> > > Questions to keep in mind: > > * Are our current timelines as good as it gets? > > * Do we want to adopt the Eastern Interconnection's timelines? > > * What are the deficiencies of our timelines? > > * Will these deficiencies be present under 1.7? > > * Which timing requirements could be changed with an reasonable amount > > of effort (i.e., tariff items, AGC ramp times, A3A1, etc.)? > > > > Remember.... > > <<File: trainedpros.wav>> > > > > Bob Harshbarger > > OASIS Trading Manager > > Puget Sound Energy > > (425) 882-4643 voice > > (425) 882-4496 fax > > (206) 405-5161 pager > > (206) 604-3251 cell > > > > - Mtg Dates.xls
------------------------------------------------------------------------------------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R October 19, 2001 5:00pm through October 22, 2001 12:00am ------------------------------------------------------------------------------------------------------ SCHEDULED SYSTEM OUTAGES: ECS power outage A power outage will occur in Enron Center South on Saturday, October 20, 2001 to complete repairs to the electrical riser system required to correct issues resulting from Tropical Storm Allison. IDF's and thus network resident applications and data will be off line on all ECS floors 3 through 6 from 10:00 a.m. Saturday until 8:00 a.m. Sunday. Trading floors 3, 4, 5 and 6 desktop power will be off beginning 2:00 p.m. Saturday until 12:00 noon Sunday. Avaya telephony phone system will be unaffected. However, the turret system will be offline starting 11:00 a.m. Saturday until 1:00 p.m. Sunday. Additionally, during this power outage the cooling system will be upgraded. This upgrade may take up to 2 hours. Occupants in the building may experience as much as a five degree rise in temperature. Contacts: Stuart Fieldhouse 713-853-5699 Lance Jameson 713-345-4423 ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages ENRON NORTH AMERICAN LANS: Impact: EBS Time: Fri 10/19/2001 at 5:00:00 PM CT thru Fri 10/19/2001 at 5:30:00 PM CT Fri 10/19/2001 at 3:00:00 PM PT thru Fri 10/19/2001 at 3:30:00 PM PT Fri 10/19/2001 at 11:00:00 PM London thru Fri 10/19/2001 at 11:30:00 PM London Outage: Decommission PROWLER firewall Environments Impacted: EBS Purpose: Migration of EBS internal network to Corp Backout: Contact(s): Chris Shirkoff 713-853-1111 Impact: 3AC Time: Fri 10/19/2001 at 6:00:00 PM CT thru Fri 10/19/2001 at 10:00:00 PM CT Fri 10/19/2001 at 4:00:00 PM PT thru Fri 10/19/2001 at 8:00:00 PM PT Sat 10/20/2001 at 12:00:00 AM London thru Sat 10/20/2001 at 4:00:00 AM London Outage: Migrate 3AC 8th and 9th Floor to Corp IP space Environments Impacted: All Purpose: EBS Consolidation Backout: In the event of a failure, I will put the original links and switches back in place, putting 8 and 9 back on EBS IP space. Contact(s): Micah Staggs 713-345-1696 Impact: CORP Time: Fri 10/19/2001 at 6:00:00 PM CT thru Fri 10/19/2001 at 7:00:00 PM CT Fri 10/19/2001 at 4:00:00 PM PT thru Fri 10/19/2001 at 5:00:00 PM PT Sat 10/20/2001 at 12:00:00 AM London thru Sat 10/20/2001 at 1:00:00 AM London Outage: Change internal routing to EIN Environments Impacted: All Purpose: EBS Integration Backout: Remove static route, go back through EBS environment on 44 Contact(s): Dennis McGough 713-345-3143 FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. HR: Impact: HR Time: Sat 10/20/2001 at 7:30:00 AM CT thru Sat 10/20/2001 at 3:30:00 PM CT Sat 10/20/2001 at 5:30:00 AM PT thru Sat 10/20/2001 at 1:30:00 PM PT Sat 10/20/2001 at 1:30:00 PM London thru Sat 10/20/2001 at 9:30:00 PM London Outage: Memory Upgrade for HR-DB-1, 4, and 5 Environments Impacted: All Purpose: More memory is need on these servers for additional databases. Backout: Restore to previous configuration. Contact(s): Brandon Bangerter 713-345-4904 Mark Calkin 713-345-7831 Raj Perubhatla 713-345-8016 281-788-9307 MESSAGING: Impact: EES Time: Fri 10/19/2001 at 8:30:00 PM CT thru Fri 10/19/2001 at 11:30:00 PM CT Fri 10/19/2001 at 6:30:00 PM PT thru Fri 10/19/2001 at 9:30:00 PM PT Sat 10/20/2001 at 2:30:00 AM London thru Sat 10/20/2001 at 5:30:00 AM London Outage: EES Notes Server Reboots Environments Impacted: All users on any of the mailservers listed below Purpose: Scheduled @ 2 week interval on 1st and the 3rd Friday of each month. Backout: Contact(s): Dalak Malik 713-345-8219 Impact: Corp Notes Time: Fri 10/19/2001 at 9:00:00 PM CT thru Sat 10/20/2001 at 1:00:00 AM CT Fri 10/19/2001 at 7:00:00 PM PT thru Fri 10/19/2001 at 11:00:00 PM PT Sat 10/20/2001 at 3:00:00 AM London thru Sat 10/20/2001 at 7:00:00 AM London Outage: cNotes Server Reboots Environments Impacted: All users on any of the mailservers listed below Purpose: Scheduled @ 2 week interval Backout: Make sure server comes up. Contact(s): Trey Rhodes (713) 345-7792 Impact: EI Time: Fri 10/19/2001 at 9:00:00 PM CT thru Sat 10/20/2001 at 1:00:00 AM CT Fri 10/19/2001 at 7:00:00 PM PT thru Fri 10/19/2001 at 11:00:00 PM PT Sat 10/20/2001 at 3:00:00 AM London thru Sat 10/20/2001 at 7:00:00 AM London Outage: EI Notes Server Maintenance Environments Impacted: EI Local/Domestic/Foreign Sites Purpose: Scheduled @ 2 week interval Backout: N/A Contact(s): David Ricafrente 713-646-7741 MARKET DATA: No Scheduled Outages. NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER SYSTEMS: Impact: SAP Time: Fri 10/19/2001 at 8:00:00 PM CT thru Sun 10/21/2001 at 8:00:00 AM CT Fri 10/19/2001 at 6:00:00 PM PT thru Sun 10/21/2001 at 6:00:00 AM PT Sat 10/20/2001 at 2:00:00 AM London thru Sun 10/21/2001 at 2:00:00 PM London Outage: Sombra upgrade and maintenance for ACTA server adcupkilo. Environments Impacted: ACTA Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug. Reconfigure the disk layout. Backout: Fall back to old cpus Restore the disk layout restore to old configuration Contact(s): Malcolm Wells 713-345-3716 Impact: SAP Time: Fri 10/19/2001 at 8:00:00 PM thru Sun 10/21/2001 at 8:00:00 AM Fri 10/19/2001 at 6:00:00 PM PT thru Sun 10/21/2001 at 6:00:00 AM PT Sat 10/20/2001 at 2:00:00 AM London thru Sun 10/21/2001 at 2:00:00 PM London Outage: Sombra upgrade and maintenance for ACTA server adcupklima. Environments Impacted: ACTA Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug. Reconfigure the disk layout. Backout: Fall back to old cpus Restore the disk layout restore to old configuration Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 1:00:00 PM CT thru Sat 10/20/2001 at 5:00:00 PM CT Sat 10/20/2001 at 11:00:00 AM PT thru Sat 10/20/2001 at 3:00:00 PM PT Sat 10/20/2001 at 7:00:00 PM London thru Sat 10/20/2001 at 11:00:00 PM London Outage: Patching and reboot of app server quark. Environments Impacted: EnLighten Purpose: Patching and reboot needed to address file system automount issues. Backout: No back out. Task has to be completed. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 12:00:00 PM CT thru Sat 10/20/2001 at 6:00:00 PM CT Sat 10/20/2001 at 10:00:00 AM PT thru Sat 10/20/2001 at 4:00:00 PM PT Sat 10/20/2001 at 6:00:00 PM London thru Sun 10/21/2001 at 12:00:00 AM London Outage: Sombra cpu upgrade for server neptune. Environments Impacted: TAGG Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug. Backout: regress to old boards Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sun 10/21/2001 at 10:00:00 AM CT thru Sun 10/21/2001 at 2:00:00 PM CT Sun 10/21/2001 at 8:00:00 AM PT thru Sun 10/21/2001 at 12:00:00 PM PT Sun 10/21/2001 at 4:00:00 PM London thru Sun 10/21/2001 at 8:00:00 PM London Outage: Memory upgrade for server emerald. Environments Impacted: CAS Purpose: Add resources for growth and performance. Backout: Pull new memory and reboot under the old configuration. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 6:00:00 PM CT thru Sat 10/20/2001 at 9:00:00 PM CT Sat 10/20/2001 at 4:00:00 PM PT thru Sat 10/20/2001 at 7:00:00 PM PT Sun 10/21/2001 at 12:00:00 AM London thru Sun 10/21/2001 at 3:00:00 AM London Outage: Sombra cpu upgrade for server spectre. Environments Impacted: BOND / Global Products Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug Backout: regress to old boards Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 6:00:00 PM CT thru Sun 10/21/2001 at 6:00:00 AM CT Sat 10/20/2001 at 4:00:00 PM PT thru Sun 10/21/2001 at 4:00:00 AM PT Sun 10/21/2001 at 12:00:00 AM London thru Sun 10/21/2001 at 12:00:00 PM London Outage: Test/Dev maintenance for multiple servers. Environments Impacted: All ENW test and dev environments Purpose: General maintenance window for ENW Test and Development servers. See the list below. Backout: roll back to any original configuration. Contact(s): Malcolm Wells 713-345-3716 SITARA: No Scheduled Outages. SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: Impact: CORP Time: Sat 10/20/2001 at 11:00:00 AM CT thru Sat 10/20/2001 at 12:00:00 PM CT Sat 10/20/2001 at 9:00:00 AM PT thru Sat 10/20/2001 at 10:00:00 AM PT Sat 10/20/2001 at 5:00:00 PM London thru Sat 10/20/2001 at 6:00:00 PM London Outage: Telephony Apps IP Switch Replacement Environments Impacted: All Purpose: Replace old 2924 switch (Token Ring config) with 2 new 2948s to minimize the exposure to critical telephony applications in the event of IP switch failure. New switches can also be added to the Paging System. Critical telephony applications currently sharing 1 switch include all voice mail. Loss of network connectivity would prevent anyone from accessing their messages. Backout: Revert to old switches. Contact(s): Rebecca Sutherland 713-345-7192 Bruce Mikulski 713-853-7409 George Nguyen 713-853-0691 TERMINAL SERVER: No Scheduled Outages. UNIFY: No Scheduled Outages. SCHEDULED SYSTEM OUTAGES: LONDON Impact: CORP Time: Fri 10/19/2001 at 6:00:00 PM CT thru Sat 10/20/2001 at 9:00:00 PM CT Fri 10/19/2001 at 4:00:00 PM PT thru Sat 10/20/2001 at 7:00:00 PM PT Sat 10/20/2001 at 12:00:00 AM London thru Sun 10/21/2001 at 3:00:00 AM London Outage: Complete Powerdown of the London Office Environments Impacted: All Purpose: To complete the final works and testing to install a third generator in Enron House Backout: Switch all equipment back on once power has been restored. Contact(s): Tracy Pearson 830-34238 London Tie Line ----------------------------------------------------------------------------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797 TDS -Trader Decision Support On-Call (713) 327-6032 [Pager]
-----Original Message----- From: Winfrey, Christa Sent: Wednesday, November 14, 2001 11:59 AM To: Tijerina, Shirley; Hogan, Irena D.; Solis, Melissa; Bates, Kimberly; Harvey, Claudette; Black, Tamara Jae; Coleman, Venita; Rode, Tina; Holcombe, Tina ; Clyatt, Julie; Roberts, Chaun; Vuittonet, Laura; Jones, Melissa; Rangel, Ina; Presas, Jessica; Salinas, Michael; Collins, Angie; Finnels-Neal, La Donna; Snow, Dina; Villarreal, Alexandra; Young, Becky; Irvine, Geraldine; Rybarski, Amanda; Choate, Heather; Chapman, Christy; Leigh, Lorie; Zarsky, Lisa; Gordon, D'ann; Butler, Shelly; Noske, Linda J. Cc: Shepperd, Tammy R.; Schoppe, Tammie; Brooks, Loretta; Lopez, Susan; Duree, Janelle; Smith, Carli; Belsha, Lorie Subject: Additional Move Related Information A few more important reminders... Chairs: Must be labeled for the move---use the wire tags included in your move packets. Keyboards, mice: ONLY label non-standard types (i.e. wireless mice/keyboards, special ergonomic keyboards); otherwise, do not label. Phones: Do not label these. New phones will be at your workstations at Enron Center South. Laptops, cell phones, palm pilots, etc.: Be sure to remind your groups to take these home. The move team will not be responsible for moving these over. However, docking station, cradles, etc. should be labeled. The move team will move these over and set them up for you. Thanks again for all your hard work, Christa -----Original Message----- From: Shepperd, Tammy R. Sent: Tuesday, November 13, 2001 5:00 PM To: Tijerina, Shirley; Hogan, Irena D.; Solis, Melissa; Bates, Kimberly; Harvey, Claudette; Black, Tamara Jae; Coleman, Venita; Rode, Tina; Holcombe, Tina ; Clyatt, Julie; Roberts, Chaun; Vuittonet, Laura; Jones, Melissa; Rangel, Ina; Presas, Jessica; Salinas, Michael; Collins, Angie; Finnels-Neal, La Donna; Snow, Dina; Villarreal, Alexandra; Young, Becky; Irvine, Geraldine; Rybarski, Amanda; Choate, Heather; Chapman, Christy; Leigh, Lorie; Zarsky, Lisa; Gordon, D'ann; Butler, Shelly; Noske, Linda J. Cc: Schoppe, Tammie; Brooks, Loretta; Lopez, Susan; Duree, Janelle Subject: Move Related Issues As you all know, our move is scheduled for this weekend. Hopefully, you and your groups are all progressing well in your preparations for the move this Friday. Please take the time to read the information contained in this message because most of the information contains reminders or FYI items and will be important to you and your group. Please forward this to those in your group that may need this information. ? Voicemail instructions - Please have everyone in your group clear all new voicemail messages by 5:00 PM, Friday, 11/16. All saved messages, greetings and recorded names will be saved. If a message is left before cutover the message will be saved, but the message light will not be displayed when you arrive. As a precautionary meassure please check voice mail upon your arrival Monday morning even if the message light isn't on. ? Building access - ECS will not be available for general access until Monday morning at 5:00 AM. Due to the gas and power moves being combined, it is unlikely that the move team will be prepared for the POC's to come in on Sunday to unpack. (Separate instructions will be generated for those who are needed to test trading applications.) NOTE: Only those whose names have been approved and submitted to security will be allowed access on Sunday. o Monday - 5:00 AM for all employees ? Security & badges - All POC team members should be familiar with the routes into ECS as we discussed at our recent move meeting. Please be sure to share this information with all of the people in your group. If you need additional copies of the floor plans that have the access routes highlighted, please contact Carli Smith (5-3473). Please stress to everyone to have their badges with them at all times. No one will be allowed access without their badge. If anyone tries to access the building from the garage via the skyring and they do not have their badge, they will be sent back through the garage to the street level to walk across the street to the round kiosk in the Enron building lobby to get a guest pass and then proceed back to ECS via the 2nd floor and the skyring. ? Move team colors - As mentioned at the move meeting, the following is a list of the color designations (vests) for the various teams that will be on the floor when we move in. o Red - Move Team o Orange - Desktop Support/IT o Green - Telephony ? Newspaper subscriptions - The delivery location for all newspaper subscriptions need to be changed to ECS 05/06. It is our intention to have all daily newspapers delivered to the mail desk located in the ECS 2nd floor corridor. It will be the responsibility of the assistants to either pick up the papers for their group or designate someone in their group to pick up the papers. If your papers continue to be delivered to your old floor of ECN, contact Sunny Rodgers (3-6116). ? Move boxes - Please encourage your group to pack and bring no more than about 6 boxes per person. You may call Facilities (3-6300) if you need to request additional boxes. ? Move labels - If you run out of labels or if you are missing any labels, please call Carli Smith (5-3473) to have additional or missing labels printed. ? Laptops - Important - Please ensure that all cable locks have been removed from all laptop computers by 5:00 PM on Friday. If any cable locks are left on the computers they will be destroyed by the move team in order to move the computers as scheduled. . Bottled water - Every kitchen has an ice machine that also dispenses filtered water. The large bottles of water (5 gallon) will not be allowed on the floor. We would also like to discourage the use of small bottles of water due to limited storage space and the availability of filtered water at several locations. ? Phone sets - Although most of you are aware of this, we just wanted to remind you that there will be only one phone on each desk - either a turret or an Avaya, but not both. Do not tag your phones, a new phone will be waiting for each person on their desk in the new building I hope I have covered some of the outstanding questions or issues you might have, but if I have missed something, please let me know. Thanks so much for all your help and hard work.
>From: "Katie A Rice" <p194rak@FDS.com> >To: kimberly_kirkwood@hotmail.com >Subject: Fw: Chinese Horoscope (It really works - try it) >Date: Mon, 5 Mar 2001 11:57:41 -0800 > > >Katie Rice >Advertising/Always Available Coordinator >Men's Shoes >(415)984-7310 >(415)984-7308 (fax) >----- Forwarded by Katie A Rice/MW/FDS on 03/05/01 11:58 AM ----- > > Jill Fong > To: Katie A > 03/05/01 Rice/MW/FDS@FDS-Notes, Patti > 10:37 AM Adelman/MW/FDS@FDS-Notes > cc: > Subject: Fw: Chinese > Horoscope (It really works - > try it) > > > > > > > > > > > > > > > > > > > > > > > > >> > >THIS IS AMAZINGLY ACCURATE...... > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >CHINESE HOROSCOPE > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >The year of the iron dragon, wishing you > >prosperity > > > > > > > > > > > >> > and good fortune in the > > > > > > > > > > > >> > >Chinese New Year. Follow the instructions, DO >NOT > > > > > > > > > > > >> > CHEAT OR IT WON'T WORK, > > > > > > > > > > > >> > >and you will wish you hadn't. Take 3 minutes and > > > > > > > > > > > >> > try this. It will freak > > > > > > > > > > > >> > >you out. > > > > > > > > > > > >> > >The person who sent this said her wish came true > >10 > > > > > > > > > > > >> > minutes after they read > > > > > > > > > > > >> > >the mail, but no cheating. This game has a > > > > > > > > > > > >> > funny/creepy outcome. Don't > > > > > > > > > > > >> > >read > > > > > > > > > > > >> > >ahead. Just do it. It takes 3 minutes. Worth a > > > > > > > > > > > >> > try. > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >FIRST GET PEN AND PAPER > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >WHEN YOU FINALLY CHOOSE NAMES, MAKE SURE IT'S > > > > > > > > > > > >> > PEOPLE YOU ACTUALLY KNOW, AND > > > > > > > > > > > >> > >GO WITH YOUR FIRST INSTINCTS !!!!! > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >SCROLL DOWN ONE LINE AT THE TIME - DON'T READ > >AHEAD > > > > > > > > > > > >> > OR YOU'LL RUIN THE FUN > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >1. FIRST, WRITE NUMBERS 1 THROUGH 11 IN A COLUMN > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >2. THEN, BESIDE NUMBERS 1 AND 2, WRITE DOWN ANY >2 > > > > > > > > > > > >> > NUMBERS YOU WANT > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >3. BESIDES THE 3 AND 7, WRITE DOWN THE NAMES OF > > > > > > > > > > > >> > MEMBERS OF THE OPPOSITE > > > > > > > > > > > >> > >SEX > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >DON'T LOOK AHEAD OR IT WON'T TURN OUT RIGHT > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >4. WRITE ANYONE'S NAME (LIKE FRIENDS OR FAMILY > > > > > > > > > > > >> > ..... IN THE 4TH, 5TH, AND > > > > > > > > > > > >> > >6TH SPOT > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >DON'T CHEAT OR YOU'LL BE UPSET THAT YOU DID > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >5. WRITE DOWN FOUR SONG TITLES IN 8, 9, 10, AND >11 > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >6. FINALLY MAKE A WISH > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >AND THERE IS THE KEY OF THE GAME > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >1. YOU MUST TELL (THE NUMBER IN SPACE 2) PEOPLE > > > > > > > > > > > >> > ABOUT THIS GAME > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >2. THE PERSON IN SPACE 3 IS THE ONE YOU LOVE > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >3. THE PERSON IN 7 IS ONE YOU LIKE BUT CAN'T >WORK > > > > > > > > > > > >> > OUT > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >4. YOU CARE MOST ABOUT THE PERSON YOU PUT IN 4 > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >5. THE PERSON YOU NAME IN NUMBER 5 IS THE ONE >WHO > > > > > > > > > > > >> > KNOWS YOU VERY WELL > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >6. THE PERSON YOU NAMED IN 6 IS THE YOUR LUCKY > > > > > > > > > > > >> > STAR > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >7. THE SONG IN 8 IS THE SONG THAT MATCHES WITH >THE > > > > > > > > > > > >> > PERSON IN NUMBER 3 > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >8. THE TITLE IN 9 IS THE SONG FOR THE PERSON IN >7 > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >9. THE 10TH SPACE IS THE SONG THAT TELLS YOU >MOST > > > > > > > > > > > >> > ABOUT YOUR MIND > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >> > > > > >> > > > > > > > > > > > > > >> > >10. AND 11 IS THE SONG TELLING HOW YOU FEEL >ABOUT > > > > > > > > > > > >> > LIFE > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > > > > > > > > > > > > > >> > >SEND THIS TO 10 PEOPLE WITHIN THE HOUR YOU READ > > > > > > > > > > > >> > THIS. IF YOU DO, YOUR WISH > > > > > > > > > > > >> > >WILL COME TRUE. IF YOU DON'T IT WILL BECOME THE > > > > > > > > > > > >> > OPPOSITE > > > > > > > > > > > > > > > > > > > > > > _________________________________________________________________ > > > > > Get your FREE download of MSN Explorer at http://explorer.msn.com > > > > > > >_________________________________________________________________ >Get your FREE download of MSN Explorer at http://explorer.msn.com > > > > > > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com
The original GE West LB agreement, please. I suggest that you contact Lee Johnson via email, copying his lawyer Kent Shoemaker, asking for a proposed form of liquid fuel guarantee. Kay "Thompson, Peter J." <peterthompson@akllp.com> on 12/12/2000 09:49:28 AM To: <Kay.Mann@enron.com> cc: <Suzanne.Adams@enron.com>, "Cobb, Chris" <chriscobb@akllp.com>, "Pipitone, Paul" <paulpipitone@akllp.com> Subject: RE: Performance guarantees I do not know what this guarantee looks like. Liquid fuel is only referenced in Section 10.8.4. Do you want me to send a blackline of what I sent out last night against the GE form agreement or the original GE West LB agreement? -----Original Message----- From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com] Sent: Tuesday, December 12, 2000 10:34 AM To: Thompson, Peter J. Cc: Suzanne.Adams@enron.com; Cobb, Chris; Pipitone, Paul Subject: RE: Performance guarantees I like that idea. Do we know what the guarantee is supposed to look like? I don't have the agreement with me (see below). At last word the Coral deal was sidelined. More to come. I'm at home with a sick child today. When you have a redlined version of the ESA stuff (redlined against the master), please email it to my assistant, Suzanne Adams, so she can print it and have it delivered to my house. If it is being printed by AK in Houston, please have it delivered to my house at 29 Inverness Parkway, Houston, 77055. Thanks, Kay "Thompson, Peter J." <peterthompson@akllp.com> on 12/12/2000 09:26:55 AM To: <Kay.Mann@enron.com> cc: "Pipitone, Paul" <paulpipitone@akllp.com>, "Cobb, Chris" <chriscobb@akllp.com> Subject: RE: Performance guarantees I think we'll have to add a section somewhere, perhaps 10.8.5, in the agreement. I'd like to try to keep all of the guarantees in the same Article of the Agreement. -----Original Message----- From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com] Sent: Tuesday, December 12, 2000 10:15 AM To: Thompson, Peter J. Subject: RE: Performance guarantees I thought we weren't going to have an exhibit U anyway, since we are plugging things into the text of the document. I think the real point of the question is the reference to the liquid fuel guarantees, and where these will be reflected. Kay "Thompson, Peter J." <peterthompson@akllp.com> on 12/12/2000 08:30:54 AM To: <Kay.Mann@enron.com> cc: Subject: RE: Performance guarantees If we aren't going to have any site specific information, then I don't think we need an Exhibit U. -----Original Message----- From: Kay.Mann@enron.com [mailto:Kay.Mann@enron.com] Sent: Monday, December 11, 2000 6:44 PM To: Thompson, Peter J. Subject: Performance guarantees Ben decided to send the exhibits to Coral, so that's where this question came from. Will we have an exhibit U? I know we owe you some answers from your email of the 6th. Kay ---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 05:41 PM --------------------------- (Embedded image moved to file: From: Ben F Jacoby @ ECT pic31037.pcx) 12/11/2000 05:25 PM Sent by: Ben Jacoby@ECT To: Kay Mann/Corp/Enron@Enron, Chris Booth/NA/Enron@Enron cc: Subject: Performance guarantees Any ideas on this? Ben ---------------------- Forwarded by Ben Jacoby/HOU/ECT on 12/11/2000 03:48 PM --------------------------- "Seigler, Tom" <tseigler@coral-energy.com> on 12/11/2000 04:50:15 PM To: "'Ben.F.Jacoby@enron.com'" <Ben.F.Jacoby@enron.com> cc: Subject: Performance guarantees Ben, Exhibit U indicates that liquid fuel guarantees are in Sec. 10.8.4. I could not fine them in that section. Could you point me to where the liquid fuel guarantees are located? Tom Seigler 713-767-5672 Fax: 713-265-5672
----- Forwarded by Steven J Kean/NA/Enron on 10/04/2000 09:06 AM ----- Ann M Schmidt 10/04/2000 08:44 AM To: Mark Palmer/Corp/Enron@ENRON, Karen Denne/Corp/Enron@ENRON, Meredith Philipp/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Mary Clark/Corp/Enron@ENRON, Elizabeth Linnell/NA/Enron@Enron, Laura Schwartz/Corp/Enron@Enron cc: Subject: Enron Mentions Letters Letters 10/09/2000 Time Magazine Time Inc. 12+ (Copyright 2000) Byzantine Practices? I was flying over Bolivia's Chiquitano Forest as I read your article on the "old-time gas company" Enron [BUSINESS, Aug. 28]. Over the past year, this forest, the largest remnant of intact primary dry tropical forest in the world, has been bisected by a 30-ft.-wide gash for construction of a gas pipeline by Enron and Shell. Enron in its quest for profit has ignored the scientific advice of conservation organizations to maintain the ecological integrity of this endangered forest ecosystem. Enron and Shell decided to open the 10 million- acre forest to fragmentation and deforestation by their pipeline. Enron may be keeping pace with advancing technologies to plow ahead in global markets, but its environmental practices are Byzantine and pose a global threat to biodiversity. PATRICIA CAFFREY World Wildlife Fund-Bolivia Santa Cruz, Bolivia Arena foes launch bid to defeat new plan By ERIC BERGER Copyright 2000 Houston Chronicle Wednesday, October 4, 2000 A handful of activists, including a Harris County Green Party official and several low-tax proponents, launched an effort Tuesday to defeat a second plan to build a downtown arena. Unlike the 1999 opposition campaign, this year's anti-arena movement is not seeking a better financing deal for taxpayers. These activists want no arena at all. Although this year's opponents lack the nearly $700,000 their higher-profile predecessors spent last year, that has done little to diminish their rhetoric. "Should we spend our city's limited resources on building up rich guys, or do we spend it building up our communities?" asked activist DeWayne Lark, standing in front of City Hall. "There will be no more corporate welfare in Harris County." Pro-arena campaign officials said Tuesday's event, which came about three weeks after their own kickoff, was more notable for who did not attend than for who did. Houston Aeros owner Chuck Watson, who funded a large chunk of last year's anti-arena effort, has endorsed the new deal. Gracie Saenz, a former city councilwoman and mayoral candidate who campaigned against the 1999 deal, also supports the new agreement. And although the Harris County Republican Party -- the primary organizer of the 1999 anti-arena effort -- has declined to support the new deal, it has not been as active in opposition as some of its members had hoped. In the GOP's stead this year is the Harris County Green Party, represented by Nathalie Paravicini, who said she rejects the argument that professional sports are critical to a city's identity. Arena boosters say a new downtown facility will promote Houston's image as a world-class city. "Civic pride is not measured by a sports team that is ready to leave town at the drop of a hat," she said. And organizers of the anti-arena campaign also suggested that conservative political activist Bruce Hotze would announce plans Thursday to take a major role in their efforts, possibly becoming campaign manager. Although Hotze lacks the political and financial stature of the pro-arena campaign co-chairmen, Enron Corp. Chairman and Chief Executive Ken Lay and former Reliant Energy Chairman Don Jordan, he comes from a politically active family that can raise large amounts of money. Hotze has said he does not believe government should be involved in building sports stadiums, but he has declined to say how much he was willing to get involved in the anti-arena effort. Lark said Hotze told him that he will actively raise funds to fight the arena. The group is expected to form a political action committee this week to collect contributions. The philosophy of the anti-sports-arena efforts has reverted to its 1996 form, when a similar grass-roots effort coalesced to oppose the referendum to build a baseball stadium, which voters approved. That underfunded effort also opposed any public spending on stadiums, rather than merely trying to extract a better deal from team owners. Arena proponents this year have attracted most of their former foes, and certainly the best-known, to their ranks by altering the original proposal, which failed with voters last year by 10 percentage points. Still, they acknowledge that there will always be opposition in high-profile contests. "We never expected this to be a unanimous vote," said Jordan, the co-chairman of the pro-arena campaign, Let's Build it Together. "Some people will vote against anything." FRANCE: Europe online power markets seen pressuring brokers. By Stuart Penson 10/03/2000 Reuters English News Service (C) Reuters Limited 2000. PARIS, Oct 3 (Reuters) - Online trading is set to sweep through Europe's power markets, sending transaction fees sharply lower and piling the pressure on traditional brokers, industry executives and consultants said on Tuesday. Scores of web-based trading platforms, offering a variety of functions, are expected to enter the European wholesale power market in the near term, forcing brokers who work over the telephone to rethink their approach, they told an energy conference. "Transaction fees in Europe are already falling and I think we're going to see a big decline over the next six months," said Gilbert Toppin, principal of Deloitte Consulting's European e-business practice. "Voice broking could become a distant memory," he told Reuters during the Powerisk 2000 conference. Leading the online charge in Europe's wholesale power market are EnronOnline, which launched last year, and HoustonStreet.com, which started up last week and is already planning to expand into Scandinavia. EnronOnline is a bilateral market in which Enron is always one party to a deal. HoustonStreet is a multilateral exchange. The major advantages for online markets over telephone brokers are seen as lower transaction costs and the ability to display a far wider range of prices to clients. Also, online trading is anonymous, which is attractive to traders, said Mark Crosno, president of electronic trading services at Altra Energy Technologies of the US. Altra is a partner with National Grid in EnMO in the UK, a consortium which runs a screen-based gas trading market and is planning to launch a power exchange. Many traditional brokers are still deciding how to respond to the online challenge. "A lot of brokers are scratching their heads because there are going to be 20 or 25 electronic exchanges out there," said Per-Otto Wold, managing director of Natsource-Tullett Europe, one of Europe's biggest power brokers. Wold argued that doing a trade over the telephone was still, in most cases, the quickest method. And that would remain so until voice recognition enabled traders to "talk" to the screens on their desks. He expected brokers to focus on longer dated trades and options while online markets would capture a greater share of trading in short term, high volume contracts. The provision of market information and traders' liking for personal contact over the telephone would also help to preserve a niche for the voice brokers, said Wold. "The markets are still going to need somebody to massage the markets, and that is where the brokers come in," he said. Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Address: 335 Piney Point Road Houston, TX 77024 Phone: (713) 782-0481 Principal: Dr. Annette Smith Location: Suburban Grade Levels: PreK-8 Enrollment: 704 Student Characteristics: Caucasian: 91.0% African-American: 1.0% Hispanic: 5.0% Asian: 3.0% American Indian: 0.0% Other: 0.0% ? ? Mobility Rate: 1.5% Limited English: 1.0% Low Income: 0.0% Special Education: 0.0% St. Francis Episcopal Day School in Houston, Texas was founded in 1952 in response to the needs of the St. Francis Episcopal Church and the surrounding neighborhood. Currently, the school serves students from the age of three through the eighth grade. St. Francis is accredited by both the Independent Schools Association of the Southwest and the Southwestern Association of Episcopal Schools and is a member of the National Association of Independent Schools. Our mission is supported through the efforts of our Board of Trustees, Head of School, school leadership team, faculty, staff, parents, student body, and friends of St. Francis. The school's mission statement is: "In the Anglican tradition, St. Francis Episcopal Day School challenges motivated students in an academically and spiritually stimulating environment to become imaginative, critical thinkers, and people for others." Our curriculum is the result of intense work by the talented educators at St. Francis. We are dedicated to providing a well-rounded, value-centered program that balances stimulating academics with experiences that broaden students' knowledge of themselves and today's world. The Early Childhood division is organized in learning centers that include activities with challenging materials and experiences. The classroom becomes a laboratory where children can explore and experiment. The enrichment program in early childhood includes experiences with music, motor development, Spanish, and technology. Our full day kindergarten program allows children and teachers to explore topics thoroughly. They begin the nationally recognized Everyday Mathematics, a program rich in problem solving activities. The lower school curriculum provides young learners with a carefully planned, sequential course of study that includes Reader's and Writer's Workshop, Everyday Mathematics, "hands-on" science, and integrated social studies. Specialists teach art, music, physical education, and Spanish. Small class sizes contribute to the success of each child. The Middle School seeks to celebrate the uniqueness of early adolescence. After completing three years in middle school, students can anticipate being admitted to quality high school programs, both public and private, and enjoy the confidence that develops from proper preparation - academically, socially, and morally. By the end of their eighth grade year, students will have had the opportunity to receive high school credit for Algebra I, physical science, and Spanish I. Through conferences, professional organizations, workshops, graduate studies, book clubs, and extensive travel, the men and women who teach at St. Francis know the current research on how children best learn and use this knowledge in the classroom. The tradition of an Anglican education coupled with an energetic expert staff makes magic happen both within the classroom and throughout our campus. St. Francis is committed to providing students with an up-to-date technology enhanced educational experience. We currently have six staff members supporting technology and one staff member leading curriculum development on our campus. Our faculty presented a workshop on using technology in the classroom at the prestigious Association for Supervision and Curriculum Development 1997-1998 Conference. Technology at St. Francis is a tool going beyond computer literacy by incorporating lessons using technological support in every subject for every student. Students are active participants in searching for knowledge using the Internet, print, and other electronic sources. They learn to retrieve and use information to complete projects and assignments. Each classroom is Internet ready. Along with access to grade level mini-labs and classroom computers, students have the use of two high-level multimedia labs containing scanners, digital cameras, video capabilities, and color laser printers. Teachers and students use technology as a problem solving, communication, and research tool to enhance an already rich learning experience. Students use real world technology to present their information to a wide audience. St. Francis offers many exciting opportunities for students to involve themselves in the fine arts. Through the music, drama, and art programs, our students learn the values of discipline, perseverance, and commitment, and the joy of performing in front of a live audience. With strings, choir, band, drama club, and studio art, students have opportunities to explore their own creativity and interests while being trained by talented artists and musicians. Along with art in classroom instruction and after school clubs, St. Francis is extremely proud to offer our students Art a la Carte. This innovative program enhances the art and social studies curriculum by bringing teams of trained volunteers into the classroom to help the students learn to appreciate great art. Costumes, props, food, and other enhancements are frequently part of the lessons at all grade levels. This integration of art production and art history makes our art program truly unique! Being an athlete at St. Francis Episcopal Day School and playing for the Wolves are privileges and honors that carry many responsibilities. Middle school students may sign up for three sports a year, one each in the fall, winter and spring. They may choose football, cross-country, field hockey, volleyball, wrestling, soccer, basketball, softball and track. Sixth graders do not participate in football. Coaches stress the importance of teamwork, peer relationships, cooperation, discipline, and a healthy body. The Classroom of the Earth is an extraordinary program that extends the classroom walls and allows the students to apply learning in a natural setting. Starting with the beginner class, it combines curriculum study with outdoor awareness and provides the ultimate in critical thinking opportunities and application of problem solving strategies. The program culminates with an eighth grade trip to Bandelier National Monument near Santa Fe, New Mexico. While there, students visit Tsankawi ruins, study the Anasazi culture, and document their trip with lively updates and pictures on our website. St. Francis alumni often report that some of their fondest memories are of COE trips. Classroom of the Earth trips are lead by faculty members and teachers trained through both the National Outdoor Leadership School and the Wilderness First Responder Course. St. Francis is proud of its rich religious traditions including the Feast of St. Francis, the Blessing of the Animals, celebration of the church seasons, Episcopal School Sunday, and birthday blessings. Students worship together twice weekly. Third through eighth graders join together monthly to celebrate the Holy Eucharist. Students participate in chapel by reading prayers and scripture and serving as acolytes and crucifers. The chaplain of the school organizes the worship services. He is available to school families as a pastor and friend. We invite parents, friends and relatives to worship with us at any of our services. Religious education is an integral part of the curriculum from age three through eighth grade. Through study, discussion, and experiences, students internalize values and develop character to live a godly life and be of service to others. St. Francis is committed to outreach and service. It is our goal that each student understands that he or she has something unique and special to offer to the world. By teaching our students to be people for others, they leave our school with a deeper understanding of community and the concept of giving of themselves. Together, St. Francis Episcopal Day School, St. Francis Episcopal Church, the St. Francis Children's Center, and the St. Francis Sports Association commit to nurturing the spiritual, educational, emotional and physical development of all God's people. These four entities form the St. Francis Community, a unique gathering of energy, individuals and ideals. 1998)1999 Blue Ribbon Elementary Schools
David and Heidi, Hope you enjoyed your Easter holiday and your Anzac holiday! With respect to your question of whether the financial trader services can be charged at cost or must have a 7.5% mark-up, I received advice from Chris Catt at PWC-Sydney last summer that there needed to be a mark-up for these services. Given the skills required by the financial trader and the risk associated with the transactions, Chris advised that there needed to be a mark-up over cost based on a recent ruling by the ATO. The ATO issued TR 1999/1 in January 1999, which provides a safe-harbor for de minimis services that are provided by an Australian company and meet certain monetary limitations. Under the de miminis safe harbor, where the costs associated with all services provided by Enron Australia Pty Limited to offshore affiliates do not exceed A$500,000 in a year, the safe harbor mark-up of 7.5% may be available. Paragraph 86 of the ruling sets forth the requirements as follows: "As mentioned in paragraph 77, the Commissioner will apply a similar administrative practice in de minimis cases where the total direct and indirect costs of supplying services to Australian or foreign associated enterprises, as appropriate, is not more than $500,000 in a year. The practice applies to all intra-group services supplied or acquired where the relevant cost limit is not exceeded. Therefore, in some cases, it might be applicable to all intra-groups services both supplied and acquired. The transfer prices that must be used, and the conditions for their use, are the same as those specified in paragraphs 82 to 84. As for the practice in relation to non-core services, all taxpayers in a group must use the same mark-up, for incoming and outgoing services, in respect of each foreign jurisdiction, but the mark-up may vary from country to country, within the limits described above. Example An Australian subsidiary of a foreign based multinational group receives marketing and technical assistance from a foreign associate. No other services are acquired by any Australian member of the group from its foreign associated enterprises. The total direct and indirect costs of providing the services to the Australian subsidiary for the year are $200,000. As long as the amount actually charged for the services is not more than $215,000 (or $220,000 in the circumstances outlined in paragraph 83), the Commissioner would not require the taxpayer to establish an arm,s length price for the services." Based on discussions we had late last summer, we thought that the A$500,000 threshold could be met. To my knowledge, the recent changes and proposed changes to the Australian tax rules would not affect TR 1999/1. Please let me know if you have seen anything to the contrary. Consequently, to my knowledge, we are still under these guidelines. I,m not sure, David, what you mean by 100% being current practice as stated in your April 18th e-mail. I am guessing that you are referring to the services provided under the cost sharing agreement. Under that agreement, office costs are being shared by Enron Australia Pty Limited and 3 other Australian entities. Here, services are being provided to an off-shore affiliate. As a result, it appears that TR 1999/1 would require a mark-up. I will be happy to discuss this with you both at your convenience. Best regards, Susan David Minns 04/18/2000 12:22 AM To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shari Stack@ECT Subject: Re: Revised Australian Services Agreement I've checked my notes and spoken to Heidi and it appears the delay was settling the mark up (107.5%) in the Agreement. Heidi believes that this figure can be reduced to 100% (which is current practice). If everyone is agreeable I will arrange execution. David Minns 04/18/2000 02:35 PM To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: Revised Australian Services Agreement Susan this is the latest version of the Services re ENA/EAPL. There is a note on my file that the percentage uplift. Shari Stack@ECT 09/18/99 06:32 AM To: Susan Musch/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Alan Aronowitz@ECT, Gary Hickerson@ECT, Harry Arora@ECT, Colin Jackson@ECT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Barbara Lewis/HOU/ECT@ECT Subject: Revised Australian Services Agreement Attached please find my mark-up of the Australian Services Agreement. I have attached a blacklined version for ease of reference. Apart from changing the name from ECT to ENA, I have modified clause 1 in Schedule 1 to more accurately reflect the intended products. Please call me if any questions. Many thanks, Shari ---------------------- Forwarded by Shari Stack/HOU/ECT on 09/17/99 02:25 PM --------------------------- Susan Musch@ENRON_DEVELOPMENT 09/15/99 07:30 PM To: Shari Stack@ENRON_DEVELOPMENT, Alan Aronowitz@ECT, Gary Hickerson@ECT, Harry Arora@ECT, Colin Jackson@ECT, Paul Quilkey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Heidi Mason/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Subject: Draft of Australian Services Agreement Attached is a draft of the services agreement for the financial trading services to be provided by the Australian trading office for ECT-Houston. Please review the agreement and let me know if you have any questions, comments or revisions. Best regards, Susan
Can get that number. You want it pre "Blue Book" or pre AB 1890, or both. Steven J Kean@ENRON 09/01/2000 08:27 AM Sent by: Steven J Kean@ENRON To: Susan J Mara/SFO/EES@EES, Jeff Dasovich/SFO/EES@EES, Sandra McCubbin/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES cc: Gavin Dillingham/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Harry Kingerski/HOU/EES@EES, Richard Shapiro/HOU/EES@EES, James D Steffes/HOU/EES@EES Subject: California Lawmakers Vote to Limit Power Costs - WSJ Look at this. Baum finally speaks up -- way too late. Can somebody tell me what SDG&E's energy rate was pre-dereg? ---------------------- Forwarded by Steven J Kean/NA/Enron on 09/01/2000 08:24 AM --------------------------- From: Ann M Schmidt 09/01/2000 07:57 AM To: Karen Denne/Corp/Enron@ENRON, Mark Palmer/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Meredith Philipp/Corp/Enron@ENRON cc: Subject: California Lawmakers Vote to Limit Power Costs - WSJ F.Y.I. California Lawmakers Vote to Limit Power Costs By Rebecca Smith 09/01/2000 The Wall Street Journal Page A4 (Copyright (c) 2000, Dow Jones & Company, Inc.) California lawmakers voted to extend modest relief to San Diego residents burdened with high electricity bills and set the groundwork for faster construction of badly needed power plants. They stopped short, however, of passing legislation that would roll back retail power rates to levels seen prior to deregulation . Late Wednesday, lawmakers sent a bill to Gov. Gray Davis that limits to 6.5 cents per kilowatt hour the amount that small customers of San Diego Gas & Electric Co. can be charged. The utility is allowed to add power-delivery and other reasonable costs to that commodity price. The price, equivalent to a bulk power cost of $65 per megawatt hour, is far higher than the average price of power for 27 of the 31 months in which California's market has been deregulated. But in June and July, the average price of power obtained by the utility from a state-sanctioned energy auction rose to 12 cents and 10.5 cents, respectively, compared with the 2.3 cents and 2.8 cents charged in those months a year earlier. Passed directly through to customers,the resulting bills sparked a near mutiny. The rate-cap measure applies to residential and small commercial customers, as well as to schools and hospitals. In addition to the rate cap, which can be adjusted upward or downward by the California Public Utilities Commission until December 2002, the legislature earmarked $150 million of general-fund revenue, which can be used to subsidize San Diego power costs if they greatly exceed the 6.5-cents-per-kilowatt-hour rate. For now, the utility would be expected to make up any difference between revenue collected and the actual cost. Steve Baum, chairman of Sempra Energy, parent of San Diego Gas & Electric Co., said the rate-cap measure is "deeply flawed" because it limits the amount prices can rise but sets no floor. That means any shortfall could grow -- without a mechanism for customers to pay it down -- until the end of the rate-cap period, which could last until December 2002 or December 2003. Mr. Baum said Sempra stands to suffer an undercollection of perhaps $664 million, provided future prices approximate the New York Mercantile Exchange forward prices through December 2002. "It's irreparably damaging to Sempra," he said because it "creates tremendous uncertainty" that makes it hard for the San Diego energy company to finance new projects such as a new transmission line. The legislature also appeared likely to approve a bill speeding up the permit process for the construction of new power plants, in part by beefing up staffs of regulatory agencies that review the plans. Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
----- Forwarded by Jeff Dasovich/NA/Enron on 03/13/2001 05:11 PM ----- "Katie Kaplan" <kaplan@iepa.com> 03/13/2001 03:13 PM To: "'Andy Brown (E-mail)'" <ABB@eslawfirm.com>, "'B Brown Andy (E-mail)'" <andybrwn@earthlink.net>, "'Baker Carolyn (E-mail)'" <cabaker@duke-energy.com>, "'Bob Escalante (E-mail)'" <rescalante@riobravo-gm.com>, "'Bob Weisenmiller (E-mail)'" <rbw@mrwassoc.com>, "'Curtis Kebler (E-mail)'" <curtis_l_kebler@reliantenergy.com>, "'Douglas Kerner (E-mail)'" <DKK@eslawfirm.com>, "'Greg Blue (E-mail)'" <gtbl@dynegy.com>, "'Jan Smutny-Jones (E-mail)'" <smutny@iepa.com>, "'Jean Munoz (E-mail)'" <jmunoz@mcnallytemple.com>, "'Jeff Dasovich (E-mail)'" <Jeff.Dasovich@enron.com>, "'Joe Ronan (E-mail)'" <joer@calpine.com>, "'John Larrea (E-mail)'" <john.g.larrea@williams.com>, "'John Stout (E-mail)'" <John_H_Stout@reliantenergy.com>, "'Julee Malinowski-Ball (E-mail)'" <jmball@ns.net>, "'Kassandra Gough (E-mail)'" <kgough@calpine.com>, "'Katie Kaplan (E-mail)'" <kaplan@iepa.com>, "'kent Palmerton (E-mail)'" <kent.palmerton@williams.com>, "'Lynn Lednicky (E-mail)'" <lale@dynegy.com>, "Marie Moretti (E-mail 2)" <mmoretti@mccabeandcompany.net>, "'Marty Wilson (E-mail)'" <mwilson@pstrategies.com>, "'McNally Ray (E-mail)'" <rmcnally@mcnallytemple.com>, "''Nam Nguyen' (E-mail)'" <nam.nguyen@powersrc.com>, "'Norton Kelli (E-mail)'" <knorton@mcnallytemple.com>, "'Paula Hall-Collins (E-mail)'" <paula.hall-collins@williams.com>, "'Pigott Jack (E-mail)'" <jackp@calpine.com>, "'Richard Hyde (E-mail)'" <rwhyde@duke-energy.com>, "'Roger Pelote (E-mail)'" <roger.pelote@williams.com>, "'Stephanie-Newell (E-mail)'" <stephanie-newell@reliantenergy.com>, "'Sue Mara (E-mail)'" <smara@enron.com>, "'Tom Ross (E-mail)'" <tross@mcnallytemple.com>, "Tom Williams (E-mail)" <tcwillia@duke-energy.com> cc: "'Alex Sugaoka (E-mail)'" <alex.sugaoka@uaecorp.com>, "'Bill Carlson (E-mail)'" <william_carlson@wastemanagement.com>, "'Bill Woods (E-mail)'" <billw@calpine.com>, "'Bob Ellery (E-mail)'" <bellery@spi-ind.com>, "'Bob Gates (E-mail)'" <bob.gates@enron.com>, "'Cody Carter (E-mail)'" <cody.carter@williams.com>, "'Curt Hatton (E-mail)'" <Curt.Hatton@gen.pge.com>, "'David Parquet'" <david.parquet@enron.com>, "'Dean Gosselin (E-mail)'" <dean_gosselin@fpl.com>, "'Doug Fernley (E-mail)'" <fernley.doug@epenergy.com>, "'Duane Nelsen (E-mail)'" <dnelsen@gwfpower.com>, "'Ed Tomeo (E-mail)'" <ed.tomeo@uaecorp.com>, "'Eileen Koch (E-mail)'" <eileenk@calpine.com>, "'Eric Eisenman (E-mail)'" <eric.eisenman@gen.pge.com>, "'Frank DeRosa (E-mail)'" <frank.derosa@gen.pge.com>, "Frazier Blaylock (E-mail)" <frazier_blaylock@ogden-energy.com>, "'Hap Boyd (E-mail)'" <Hap_Boyd@enron.com>, "'Hawks Jack (E-mail)'" <jack.hawks@gen.pge.com>, "'Jim Willey (E-mail)'" <elliottsa@earthlink.net>, "'Joe Greco (E-mail)'" <jgreco@caithnessenergy.com>, "'Jonathan Weisgall (E-mail)'" <jweisgall@aol.com>, "'Kate Castillo (E-mail)'" <CCastillo@riobravo-gm.com>, "'Kelly Lloyd (E-mail)'" <kellyl@enxco.com>, "'Ken Hoffman (E-mail)'" <khoffman@caithnessenergy.com>, "'Kent Fickett (E-mail)'" <kfickett@usgen.com>, "'Lynn Lednicky (E-mail)'" <lynn.a.lednicky@dynegy.com>, "'Marty McFadden (E-mail)'" <marty_mcfadden@ogden-energy.com>, "'Paula Soos'" <paula_soos@ogden-energy.com>, "'Randy Hickok (E-mail)'" <rjhickok@duke-energy.com>, "Rick S. Koebbe (E-mail)" <rskoebbe@powerworksinc.com>, "'Rob Lamkin (E-mail)'" <rllamkin@seiworldwide.com>, "'Ross Ain (E-mail)'" <ain@worldnet.att.net>, "'Steve Iliff'" <siliff@riobravo-gm.com>, "'Steve Ponder (E-mail)'" <steve_ponder@fpl.com>, "'Tony Wetzel (E-mail)'" <twetzel@thermoecotek.com>, "'William Hall (E-mail)'" <wfhall2@duke-energy.com> Subject: 39x Opposition Greetings: As we discussed on the call IEP will be opposing 39x when it goes to the floor on Thursday. Please take a minute to look over the below copy and let me know if there are any glaring issues by 9:00 a.m. on Wednesday. We will be sending the art out later today. Let me know if you have any questions. Thanks! Katie Kaplan Manager of State Policy Affairs Independent Energy Producers Association (916) 448-9499 ____________ Don?t discourage new electricity supply . Oppose SB 39x SB 39x threatens private investment in new generation at a time when California faces a serious electricity supply shortage. Not one major power plant has been built in California for the past ten years and nearly 2/3 of existing power plants are 30 years or older. California?s population has grown 16% over the past ten years and the peak demand for electricity has climbed 15% (33% in the Silicon Valley), power generation capacity has increased only 2%. (We will be siting this in the handout) Currently billions of dollars of private capitol are flowing into California to bring new supply on-line . improving reliability, protecting air quality increasing local tax revenues and creating hundreds of high paying jobs. SB 39x threatens this critically needed investment in supply by imposing yet one more layer of unneeded regulatory oversight. Please join the following organizations in opposing SB 39x: ? California Chamber of Commerce ? California Co-generation Council ? California Manufacturing and Technology Association ? Independent Energy Producers Association ? Western States Petroleum Association Create more electricity supply, not one more layer of unneeded regulatory oversight . Vote no on SB 39x
> Memo To: All Employees > Subject: New Policies > > Sick Days: > > We will no longer accept a doctor's statement as > proof of sickness. If you > are able to go to the doctor, you are able to come > to work. > > Surgery: > > Operations are now banned. As long as you are an > employee here, you need all > your organs. You should not consider removing > anything. We hired you intact. > To have something removed constitutes a breach of > employment. > > Bereavement Leave: > > This is no excuse for missing work. There is nothing > you can do for dead > friends, relatives, or co-workers. Every effort > should be made to have > non-employees attend to the arrangements. In rare > cases, where employee > involvement is necessary, the funeral should be > scheduled in the late > afternoon. We will be glad to allow you to work > through your lunch hour and > subsequently leave 1 hour early, provided your share > of the work is enough > to keep the job going in your absence. > > Your Own Death: > > This will be accepted as an approved excuse. > However, we do require at least > 2 weeks advance notice, as it is your duty to train > your replacement. > > Rest Room Use: > > Entirely too much time is being spent in the > restrooms. Therefore, in the > future all employees will follow the practice of > going in alphabetical > order. For instance, those whose names begin with > 'A' will go from 8:00 to > 8:10, employees whose names begin with 'B' will go > from 8:10 to 8:20, and so > on. If you're unable to go at your time, > it will be necessary to wait until the next day when > your time comes again. > In extreme emergencies, employees may swap their > time with another > co-worker. However, both employee supervisors must > approve this exchange in > writing. In addition, there is now a strict 3 minute > time limit in the > stalls. At the end of 3 minutes, an alarm will > sound, > the toilet paper roll will retract, and the stall > door will > open. > > Paycheck Guide: > > The following guide has been prepared to help our > employees better > understand their paychecks. > > Example: Gross pay $1,222.02 > > Income tax 244.40 > Outcome tax 45.21 > State tax 11.61 > Interstate tax 61.10 > County tax 6.11 > City tax 12.22 > Rural tax 4.44 > Back tax 1.11 > Front tax 1.16 > Side tax 1.61 > Up tax 2.22 > Tic-tacs 1.98 > Thumbtacks 3.93 > Carpet tacks .98 > Stadium tax .69 > Flat tax 8.32 > Surtax 3.46 > Corporate tax 2.60 > Parking fee 5.00 > FICA 81.88 > TGIF fund 9.95 > Life insurance 5.85 > Health insurance 16.23 > Dental insurance 4.50 > Mental insurance 4.33 > Reassurance .11 > Disability 2.50 > Ability .25 > Liability 3.41 > Unreliability 10.99 > Coffee 6.85 > Coffee cups 66.51 > Floor rental 6.85 > Chair rental .32 > Desk rental 4.32 > Union dues 5.85 > Union don'ts 3.77 > Cash advance .69 > Cash retreats 121.35 > Overtime 1.26 > Undertime 54.83 > Eastern time 9.00 > Central time 8.00 > Mountain time 7.00 > Pacific time 6.00 > Oxygen 10.02 > Water 16.54 > Heat 51.42 > Cool air 26.83 > Hot air 20.00 > Miscellaneous 113.29 > Various 8.01 > > > Net Pay $0.12 > > Thank you for your loyalty to our company. We are > here to provide a positive > employment experience. > > All questions, comments, concerns, complaints, > frustrations, irritations, > aggravations, insinuations, allegations, > accusations, comtemplations, > consternations, or input should be directed > elsewhere. Have a nice week. > > > __________________________________________________ Do You Yahoo!? Yahoo! Calendar - Get organized for the holidays! http://calendar.yahoo.com/
Christi, As I have been thinking about this problem, my opposition to a standard model is declining, partly out of frustration with the slow progress being made. I think, however, that we ought to think about the potential consequences of recommending a standard model. If we simply endorse PJM, then we may inadvertently get its warts as well -- no secondary transmission market, ICAP market, etc. I think we are considering the same thing approach as was reported by Charles Yeung's in his note on Tuesday's Inter-RTO Coordination (Seams) Conference: "Harvey Reed, Constellation Power, suggested that FERC impose a standard tariff for all RTOs to work from that did not restrict RTOs from filing different proposals, but would limit their ability to diverge from a single market model." In addition to the standard model, there needs to be a deadline for either filing the tariff or for filing the standard tariff. Without a "feet to the fire" feature, nothing the grand stall will continue. In arguing for a standard model, the PJM system could be the core of a proposal but we should specific modifications to address our concerns. On the transmission rights issue, for instance, a simple "don't allocate" solution won't work. The lack of the secondary market for NY TCCs or PJM FTRs goes both to the lack of information and to the way the rights are defined. If as Harvey Reed suggests, RTOs can submit alternative approaches, at least there will be pressure to get moving. I have not discussed this idea with West Power. It then occurred to me that FERC is unlikely to impose a standard tariff without a rulemaking proceeding. Whether they could act by fiat or not is a moot point, since I doubt that they would do so without creating a record. There are two possible down sides to a rule making. (1) The outcome of a rulemaking is something of a crap shoot. The incumbents have a pretty good record in the past, of coming out of rulemakings with plenty of goodies such as the native load exemption in Order No. 888. There is a also a distinct risk that PJM's ICAP or transmission right allocation process is given blessed status, which will make revision of them later to be a huge uphill battle. (2) The other consequence of a rulemaking its effect on current RTO discussions. The best outcome is that the uncertainty of the rulemaking creates an urgency to get a proposal filed before a new FERC rule cuts off options from a new the standard for review. The uncertainty prior to the issuance of Order No. 888 in fact had that effect in the West. On the other hand it can mean that nothing happens until the new rule is issued. This also happened prior to Order No. 888, with a number of companies sitting on their hands, using the time delay to protect existing positions, while whipping up State regulators' fears of jurisdictional shift as necessary to boost their own position. These are only own views. I have not had a chance to speak with West Power this week, but I will approach Tim when I am in Portland again next week. Steve Christi L Nicolay 06/19/2001 04:21 PM To: Steve Walton/HOU/ECT@ECT cc: James D Steffes/NA/Enron@ENRON, Richard Shapiro/NA/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron Subject: Re: INTERIM MODEL TALKING POINTS Can we focus the PJM language as an interim fix toward the East (while maybe the threat of PJM in the West will make the West RTOs act quickly and adopt everything that Steve W. has been advocating). Also, I agree with the ISO being required to provide much greater information on where the congestion occurs. While the allocation of FTRs is a problem and the idiosyncratic nature is also a problem, it is because the traders do not have access to all the information. They have told me that if they had access to all the information about congestion from the past several years, they could essentially build a model for anticipated congestion that could trade "above" the underlying FTRs as financial instruments. Steve Walton 06/18/2001 03:30 PM To: James D Steffes/NA/Enron@ENRON cc: Christi L Nicolay/HOU/ECT@ECT, Richard Shapiro/NA/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Steven J Kean/NA/Enron@Enron Subject: Re: INTERIM MODEL TALKING POINTS Jim, I have added my comments to your draft. My concern with the "Adopt PJM" approach is that it will become a fiat accompli with regard to congestion management. and the nature of future transmission rights. Once adopted as the standard, nothing else will be accepted and any move to a decentralized approach is highly unlikely. Unlike the British, we have a hard time changing horses because of our multi-jurisdictional Federal system of government. The PJM's lack of a secondary FTR market is more that just an allocation problem. If that were true, they New York would have a secondary market -- none exists there either. The unpredictability of prices is probably the biggest problem since no one knows how to value FTRs or TCCs. I think the nature of instrument is also not particularly helpful. During our discussion of Seabron Adamson's last draft, I maintained that a centralized unit commitment process didn't fit the Pacific Northwest (PNW) with its pattern of trading to achieve coordination between hydroelectric and thermoelectric generation. You asked me to provide more detail hydro-thermal operation. I am including a paper that covers the nature of PNW operations and contracting with observations about the nature of unit commitment. Given other work and travel, it has taken some time to complete the paper and its examples. I hope this will help to explain why I am hesitant to endorse a centralize unit commitment implementation. Steve James D Steffes@ENRON 06/18/2001 01:48 PM To: Steven J Kean/NA/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Christi L Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Steve Walton/HOU/ECT cc: Subject: INTERIM MODEL TALKING POINTS Here is the draft of an Interim step for Enron to give to Lay. Please give me your comments. This is CONFIDENTIAL and should not be shared outside the company. Jim
Attention POWER REPORT Readers: Go to http://www.powermarketers.com/prdaily.htm to view today's edition with direct headline links to each story.] ====================================================================== The Industry's Preferred Source For Breaking Energy News And Information http://www.powermarketers.com ---------------------------------------------------------------------- T H E P O W E R M A R K E T E R S .C O M P O W E R R E P O R T Today's Headlines From POWERMARKETERS.COM Subscriptions to The PowerMarketers.com Power Report are free - you will never be charged. You may redistribute this e-mail without change. You may not redistribute stories. To register for a free subscription, point your browser to: http://www.retailenergy.com/pma/dprreg.htm ************************************************************************ Become a CERTIFIED POWER MARKETER Attend: FUNDAMENTALS OF POWER MARKETING Preconference Seminar March 14, 2001 at PMA's annual spring POWER MARKETS 2001 Conference: "CRISIS AND OPPORTUNITY" March 15-16, 2001 Aladdin Hotel Las Vegas and you can qualify to take the Certified Power Marketer examination. The exam is free to members of the Power Marketing Association. (Individual membership is $300, but members receive a $200 registration discount). To learn more about becoming a Certified Power Marketer, download: http://www.pmaconference.com/0103Agenda.pdf and look to page 3 of the brochure. Take this opportunity to meet some of the tens of thousands of your fellow power report readers in Las Vegas at CRISIS AND OPPORTUNITY: POWER MARKETS 2001. March 15-16, 2001. For brochure, download: http://www.pmaconference.com/0103Agenda.pdf ************************************************************************ NEW!!! CHARTWELL'S GUIDE TO E-BUSINESS IN THE ENERGY INDUSTRY 2001 has to offer! * Customer segmentation and relationship management -- How utilities are using e-commerce options to address the particular needs of various customer groups. * Electronic Products and Services -- From Internet billing to electronic energy usage data analysis, the details on which programs are successful and how to implement them. * Customer Contact - how the Web is adding another important touchpoint with the customer. * Technology considerations -- How utilities are handling the high-tech aspects of doing business with customers via the Internet. Download brochure at http://www.pmaconference.com/E-Business.pdf ************************************************************************ --------------------T O P S T O R I E S-------------------- Top Stories (March 8) HOUSE BILL SEEKS TO PROMOTE DISTRIBUTED POWER TECHNOLOGY Legislation to encourage homeowners and small businesses to install emerging "distributed generation" technologies was introduced in the U.S. House Thursday. http://199.97.97.79/IMDS%PMADJN0%read%/home/content/users/imds/feeds/djn/2001/ 03/08/eng-djn/eng-djn_190044_231_185631682165 -U.S. SUPREME COURT REJECTS CASE ABOUT PROPOSED MERCHANT POWER PLANT IN FLORIDA The U.S. Supreme Court refused Monday to hear a case that could have allowed out-of-state companies to build speculative power plants in Florida. The case involved a so-called merchant plant that Duke Energy Corp. of Charlotte, N.C., proposed to construct in New Smyrna Beach. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/writersd esk/2001/03/08/eng-powerm-000001/eng-powerm-000001_005722_97_6855493942276 TENNESSEE VALLEY AUTHORITY PROPOSES TO BUILD PLANT POWERED BY NATURAL GAS The nation's biggest producer of electricity, which has battled for home heating customers against natural gas for decades, is increasingly turning to gas itself to power its future. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/08/krtbn/0000-0374-TN-NATL-GAS ADVISERS WARN TEXAS ELECTRIC DEREGULATION SYSTEM HAS FLAWS Flaws in Texas electric deregulation rules -- some similar to those facing California -- could undermine competition, cause bureaucratic headaches and needlessly cost customers, according to experts advising the state's Public Utility Commission. http://199.97.97.163/IMDS%PMAKRT0%read%/home/content/users/imds/feeds/knightri dder/2001/03/08/krtbn/0000-0137-FT-ELECTRIC-DEREG ---------------------------------------------------------------------- DOW JONES NEWSWIRES ---------------------------------------------------------------------- Access stories online at: http://199.97.97.79/IMDS|PMADJN0,PMADJN1,PMADJN2,PMADJN3,PMADJN4|index Iran Closer To Finishing 1st Nuclear Power Plant - Radio House Bill Seeks To Promote Distributed Power Technology Scientists Create First Superconductor Made Of Plastic Enbridge/Shelf -2: Won't Be Offered In U.S. >ENBR Enbridge Files Shelf For Up To C$1.25B Medium-Term Notes $504.2M Energy Northwest Munis Yield To 5.08% In 2018 Citizens Commun Ends Pact-2: With Cap Rock Electric >CZN Edison, Erg Among Elettrogen Finalists -ANSA Citizens Commun Ends Pact To Sell Ariz., Vt. Elec Ppties GenerChile To Receive Bids For Port Stakes Mar 16 - Paper Proactive Cos Sit Pretty As Brazil's Power Crisis Looms ABB/E-Business -2: Former Head Of US SourceAlliance Nokia Names Key Subcontractors For 3G Networks >NOK ABB Names Greg Scheu To Head E-Business Ops >Z.ABB Kansai Elec's JV To Begin Electricity Sales In US June FREE TRIAL: For a free trial of the Dow Jones Energy Service go to www.dowjonesnews.com, and click "create account," or call 1-800-223-2274. ---------------------------------------------------------------------- N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-nat.htm Aventura Energy Inc. Retracts Pending Trinidad Possible Reserves Announcement Press Statement of Sunlaw Energy Regarding Future Business Plans Ecorp Affiliate Receives Ferc Go Ahead for the Stagecoach Natural Gas Storage Project Lehman Hires Utility Team New Mexico Extends Timeline for Electric Choice Transalta Wins Bid to Build Second Power Plant in Mexico Top Energy Summaries - Thursday, March 08, 2001 - 5:27 PM West Faces Drought, High Power Bills Bush Chooses Energy Lobbyist for No. 2 at Interior Mariner Energy Announces Record Results for 2000 Onlinechoice Announces Expanded Natural Gas Offers Energy conservation key in light of increased costs Black Hills Corporation Announces Two Additional Independent Power Projects Potential Consolidations in Natural Gas Sherritt International Mails Chairman's Letter to Shareholders, Year 2000 Financials, And Sherritt Coal Partnership's Offer And Circular forLuscar Coal Income Fund@ Independent Testing Confirms Power Technology Batteries Are More Powerful Power Demand Relief Seen As Tengasco Completes Intra State Pipeline: Economic Boom Predicted for Tennessee And Possibly Eastern U.S. Natural Resources Get Energy Top Energy Summaries - Thursday, March 08, 2001 - 2:24 PM Exco Completes Property Acquisition from Stb Energy, Inc. /C O R R E C T I O N -- Vector Energy Corporation/ Repeats: Energy Volume And Open Interest Totals-Mar 8 Energy Venture Fair Seeks 75 Up-And-Coming Growth Companies Vector Energy Corp - Updates Progress in Development of Mustang Island Field Thermal Energy International Inc: American Electric Power CO Inc - Thermal Gets $2.4m Contract to Complete Work for Construction of - Thermalonox(TM) Demo at Aep Conesville Plant Pickens Fuel Corp., Ed Huestis of Vacaville Receive Weststart Blue Sky Award; South Coast Air Quality Management District Recognized with Blue Sky Innovation AwardMerit Awards for Industry Leadership to Quantum Technologies, Enova Systems And The Southern California Edison Electric Vehicle Fleet Snow Leopard Resources Inc. - Notice of Allowance for Patent Covering H2s Fuel Cell Technology - from U.S. Patent And Trademark Office Top Energy Summaries - Thursday, March 08, 2001 - 12:25 PM Kinder Morgan Energy Partners Announces New Long-Term Co2 Contracts NCE Energy Trust - Distribution of Eight Cents ($0.08) Per Unit for March Sustainable Energy Technologies Ltd -- Fuel Cell Power Inverter Exceeds 95% Efficiency Target /C O R R E C T I O N -- the New Power Company/ Citizens Communications Announces Termination of Sale of Its Arizona And Vermont Electric Properties Bny Western Trust Re-Appointed As Custodian And Lending Agent for Los Angeles Department of Water & Power Retirement Plan EC Power Wins Prestigious E-Business Enterprise Award from DisaHonored for Work with Enron Online Civil Engineers Give Nation's Infrastructure a 'D+'Shortfalls in Funding And Changing Population Patterns Place Burden on Aging Electrical Plants, Water Systems, Airports And Schools Nui Corp.'S Utility Business Services Teams with Frederick County, Maryland, to Serve Water/Wastewater Customers Top Energy Summaries - Thursday, March 08, 2001 - 9:28 Am Ogden Corporation to Change Name to Covanta Energy Corporation Us: Joint Venture Formed to Serve Natural Gas Pipeline Industry Us: Nuvera Demonstrates Natural Gas Fuel Cell Use for Verizon System Freemarkets Announces Plans to Open Houston Office; New Location to Support Growing Number of Customers in The Energy, Chemical And Engineering Industries Sunlaw Energy President Announces Future Business Plans Top Energy Summaries - Thursday, March 08, 2001 - 7:43 Am Environ.Com And Ecolink Announce Utility Partner Program Agreement; Program's Latest Partner Reaches 85 Percent of the Nation's Utilities Growth & Development: Marietta Looks Into Power Supply -Houston-Based Natural Gas Marketer to Leave Georgia Market -Value, Tax Revenue of Proposed Hamilton County, Ind., Power Plant Are at Issue Bargo Energy CO - 2000 Year-End Operational Results Cypress Energy Inc - Fidelity Purchases Shares of Cypress Energy Inc. Fuel Cell Technologies Corp - Short Positions on California Signs Energy Contracts, But Serious Questions About FutureRemain -Atlanta Power Generator Says It's Owed $385 Million for California Energy -Oklahoma Utility Can't Pass along Bad Deals, State Says -Former CEO to Leave Board of Tampa, Fla., Electric Utility -U.S. Supreme Court Rejects Case about Proposed Merchant Power Plant in Florida -Two Florida Electric Utilities Secure Rate Increases from State Commission Kansas State University: K-State Struggles to Afford Energy ---------------------------------------------------------------------- I N T E R N A T I O N A L ---------------------------------------------------------------------- Access stories online at: http://www.powermarketers.com/pma-intr.htm Aneel to Publish Hydro Bidding Rules end-March - Brazil Dublin: Fingers Crossed for Latest Irish Energy Prospect Shandong International Power Reaps Usd 161.7 Mln in Profits for 2000, Up 15.98% from 1999 Govt. to Send Power Bill to Congress After March - Chile Brazil: Rio De Janeiro to Export Electric Power Brazil: BP, Petrobras And Fif to Develop Alternative Energy Projects Cebu Holdings Installs Philippines 1st Solar Water Heater Give More Attention to Coal Industry, Says Cppcc Member Iranian Energy Ministry Delegation Meets Chinese Moftec Minister ---------------------------------------------------------------------- KRT DAILY ENERGY NEWS ---------------------------------------------------------------------- Access stories online at http://www.powermarketers.com/pma-krt.htm Bush Slashes Federal Spending on Energy Efficiency, Conservation Tennessee Valley Authority Proposes to Build Plant Powered by Natural Gas San Francisco Hopes to Switch Much of City Government to Solar Power California Panel Approves First Fast-Tracked Temporary Power Plant Washington State Fires Up to Meet Power Crunch Power Planners Predict Low Water Flow, Low Hydropower Production Democrats Lobby for Short-Term Controls on U.S. Energy Costs Municipal Utilities in California May Balk If PG&E Orders Summer Blackouts Las Animas, Colo., Officials Hope to Clinch Deal for Power Plant State Commission Allows Florida Power Corp. to Increase Electricity Rates Wisconsin Commission Takes Comments on Milwaukee Utility's Power Plan Utility Would Consider Compensating Oak Creek, Wis., for Power-Plant Expansion Complaints Increase Against Arkansas Natural Gas Utility Utilities, Energy Companies Form Online Trading Marketplace Advisers Warn Texas Electric Deregulation System Has Flaws Eugene, Ore., Electricity Customers May Escape from Proposed Rate Hike Executive of Latham, N.Y.-Based Fuel Cell Company Resigns for Personal Reasons Guilderland, N.Y.-Based Independent System Operator Sets Lofty Goals for 2001 -Stocks of Oklahoma's Energy Companies Hold Steady -Houston-Based Natural Gas Marketer to Leave Georgia Market -Value, Tax Revenue of Proposed Hamilton County, Ind., Power Plant Are at Issue -Oak Ridge, Tenn., Nuclear Reactor to Undergo Major Equipment Replacement -Congressman Rips High Pay Rates at Tennessee Valley Authority -The Daily Oklahoman Charles Crumpley Column -Atlanta Power Generator Says It's Owed $385 Million for California Energy -Oklahoma Utility Can't Pass along Bad Deals, State Says -Commission Cuts Oklahoma Utilities' Fuel Charges -Former CEO to Leave Board of Tampa, Fla., Electric Utility -U.S. Supreme Court Rejects Case about Proposed Merchant Power Plant in Florida -Two Florida Electric Utilities Secure Rate Increases from State Commission ---------------------------------------------------------------------- REUTERS ---------------------------------------------------------------------- Access stories online at: http://news.powermarketers.com/news/articles/ElectricPower.html PG&E secures March gas supply, aims to boost storage UPDATE 1-Calif. power bonds seen as mostly tax-exempt TransAlta wins second Mexican power plant bid U.S. lawmaker proposes legislation to cut power bills UPDATE 1-Citizens Communications ends pact to sell 2 units UPDATE 1-N.H. Seabrook nuke seen shut until weekend KeySpan Services names three new executives Vivendi Env sets new sales, profit targets Enbridge files C$1.25 billion shelf for notes issue Citizens Communications ends agreement to sell properties Kenya shares down as utility stock KPLC drops German activists occupy nuclear waste loading site NRG Energy prices secondary offering INTERVIEW-EDP remains confident it can win Cantabrico derby Deregulation key to Japan utilities' ratings--S&P UPDATE 1-Malaysia manufacturing shows cooling signs ********************************************************* NEW on the POWERMARKETERS.COM TRAINING PAGE ********************************************************* Access all online presentations at: http://www.pmaconference.com New! Now you can choose to stream the presentation immediately over the web, or download it to your computer for later viewing-- Free! New! Five additional RealVideo-based powerpoint-based presentations, with the accompanying audio. Running about 30 minutes each, the new selections include: ELECTRONIC TRADING. Power is following natural gas to become an electronically-traded commodity. The products, the technology and the future of electricity transactions. Kevin Sluder, Vice President, HoustonStreet Exchange. NUTS AND BOLTS OF RETAILING. What it takes to put an energy retailing operation together-- the cash and credit requirements, back office, information technology, staffing, marketing, sales and organizational considerations. Andrew Serri, Vice President, AmerenEnergy Marketing. RETAIL: WHAT WENT WRONG, HOW TO FIX IT. Retail electric deregulation has thus far been an underwhelming success, but a great deal has been learned, and it is eminently fixable. By Dr. John O'Brien, Principal, Skipping Stone MANAGING BILLING. The complex requirements for managing billing and commodities in the deregulating energy industry cannot be met with current CIS and CRM technology. Energy Retailers must embrace the next evolution of energy customer management (ECM) solutions. Paul Grey, Chief Technology Officer, Peace Software. THE INTERNET AND THE VELOCITY FACTOR. Greater price transparency, faster execution, reduced transaction costs, increased number and frequency of transactions and increased specialization are just some of the changes to energy markets wrought by the web, and it's just beginning. Implecations of the internet for energy markets. E. Russell "Rusty" Braziel, Chairman and Director, Altra Energy Technologies. Access all online presentations at: http://www.pmaconference.com **************************************** THE PowerMarketers.com ENERGYYELLOWPAGES **************************************** http://www.energyyellowpages.net Where to go when you're looking for: Billing Systems, Brokers, Call Centers, Coal Marketers, Computers & Networks, Conference Houses, Energy Management, Engineering Services, Environmental Services, Exchanges & Clearing Houses, Executive Search Services, Financial Services, Gas Marketers, Information Services, Internet Services, Legal Services, Management Consulting , Marketing, Meters, Power Marketers, Powerplant Development, Powerplant Equipment, Risk Management, Sales, Software, Trade Associations, Training, Weather Services and more! Check it out today! http://www.energyyellowpages.net/ ---------------------------------------------------------------------- OTHER NEWS & INFORMATION FEATURES ON POWERMARKETERS.COM ---------------------------------------------------------------------- PRICEWATERHOUSECOOPERS NEXT-DAY POWERTRAX ELECTRIC PRICE INDEX: Access online at: http://www.powermarketers.com/p-trax.htm ELECTRICITY SPOT PRICES: Access online at: http://www.dtnergy.com/pma/spot.cfm ELECTRICITY FUTURES PRICES: Access online at: http://www.dtnergy.com/pma/electric.cfm NATURAL GAS FUTURES PRICES: Access online at: http://www.dtnergy.com/pma/gas.cfm THE PowerMarketers.com JobSite: Access online at: http://www.powermarketers.com/pmajobs.htm A daily visit to "The PMA Jobs Site" at http://www.powermarketers.com/pmajobs.htm connects you to a wealth of power industry opportunities that could supercharge your career! PMA ONLINE MAGAZINE: Access online at: http://www.retailenergy.com/pmamag.htm News releases may be submitted to The PowerMarketers.com Power Report via e-mail to news@powermarketers.com Copyright 2000 by PowerMarketers.com: http://www.powermarketers.com/ The PowerMarketers.com Power Report is a complimentary service of The Power Marketing Association. Headlines are copyrighted by their respective services: Reuters, Knight-Ridder, and others. Subscriptions to the PowerMarketers.com Power Report are free - you will never be charged. You may redistribute this e-mail without change. You may not redistribute stories. To register for a free subscription, point your browser to: http://www.retailenergy.com/pma/dprreg.htm TO UNSUBSCRIBE OR CHANGE your subscription, (1) point your browser to "The PMA OnLine Power Report" subscription services form at http://www.retailenergy.com/pma/dprreg.htm OR (2) , send a message to pma@powermarketers.com. Include "unsubscribe" in the subject and include your name and email address for confirmation.
John, Sorry for the confusion. This is a second tanker on which very few details are available . The LNG group is working as we speak to provide some information for Joe Sutton before his departure for Paris this (Tuesday) afternoon. There is no DASH on this 2nd tanker yet. I asked Dave Gorte on Monday to send me one and was not told that he can provide me with the Mystic Lady DASH as the closest substitute. Vince John Sherriff 05/16/2000 12:20 AM To: Vince J Kaminski/HOU/ECT@ECT cc: Subject: Re: LNG May 19 decision Vince - thanks for the update. What I am not sure of is what if any decision has to be made on May 19. It seems to me that the Mystic Lady and Elba Island deals have already been approved and executed - but it is quite likely I am missing a detail or two. John Vince J Kaminski 15/05/2000 17:14 To: John Sherriff/LON/ECT@ECT cc: Vince J Kaminski/HOU/ECT@ECT, David Gorte/HOU/ECT@ECT, Rick Buy/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT Subject: Re: LNG May 19 decision John, This is the update on what I have done for the LNG transactions. 1. I was not involved in the LNG ship project. I shall read the DASH and give you my comments. Without looking at the details, I think that the decision to charter a tanker removes one significant risk we have at the Elba Island project (please, see point 2). 2. Elba Island. I am working with Doug Rotenberbg, Brad Hitch, Scott Earnest (Sally Beck's organization) and RAC to set up the book for the Elba Island transaction. The next step will be to expand the book to capture all the Enron's LNG-related positions in one place and to look for natural risk offsets and possible hedges. A working group is meeting to close a few remaining gaps tomorrow (Tuesday) at 8:30. A few comments on the book design and my view of the project: a. The current thinking is that LNG will be sourced for the Elba Island facility by buying marginal cargos on the fob basis. Marginal cargos will represent supply from excess capacity that has not been committed under long-term contracts or became available due to some short-term frictions. The fob cargos are typically selling at a significant discount to the long-term contract prices. The economics of the deal, as represented by the book we are setting up, will reflect the assumption that not only we can locate marginal cargos but that we shall be able to do it on a regular basis, arranging shipping and coordinating the facility schedule and natural gas transactions in the US. In other words, we have a significant logistical and operational risk in this transaction. b. The transaction will cover the period of 17 years (with an extension option of 5 years). Even if we can lock-in the LNG volumes over this time period, we have no ability to lock-in the other side of the spread (US gas prices) for such a long tenor. This is essentially a tolling transaction with exposure to the LNG - nat gas spread and I would not recommend locking-in only one leg of the spread. One solution would be to cover, let's say, 50% of he LNG volumes for the first 5 years and lock-in the nat gas side on the US market side. c. The book we are setting up will be based on many managerial assumptions regarding sources of LNG, shipping rates, schedules, etc. I would set up a big prudence reserve in case we mark it to market. d. My group will work on valuation of some options we have in the Elba Island deal (that are good for Enron) and on the hedging strategy for the LNG positions. Long-term LNG contracts are typically based on the Japanese Crude Cocktail that correlates very well with Brent. Vince John Sherriff 05/14/2000 01:40 AM To: Vince J Kaminski/HOU/ECT@ECT cc: Lauren Urquhart/LON/ECT@ECT Subject: LNG May 19 decision Vince I haven't spoken to you for awhile but hope the world is treating you well. Anyway with Greg moving to his new role I have (I hope only temporarily) staff trading oversight for the Eastern Hemishere plus LNG. I understand that your group is taking a first cut at developing curves for LNG and LNG ship values. I also understand that another LNG ship decision is on the dockets for May 19 (not very far away). Anway I understand this is a big decision but I still have gotten very little info yet. Can you please let me know where you stand now? I will ask my assistant Lauren to set up a time that I can speak with you in the next couple of days and if you have anything for me to review before then she can get it faxed to me as well. Look forward to connecting with you Vince. John
Robert Superty@ECT 11/16/2000 09:02 AM To: Randall L Gay/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Tricia Spence/HOU/ECT@ECT, George Smith/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Patti Sullivan/HOU/ECT@ECT, Donna Greif/HOU/ECT@ECT, Richard Pinion/HOU/ECT@ECT cc: Dave Nommensen/HOU/ECT@ECT, Matt Pena/NA/Enron@Enron, Bob M Hall/NA/Enron@Enron Subject: Re: Sitara positions, end of month feedback from Unify Please take note of Dave's very important message regarding Sitara positions. We absolutely cannot afford to go through this again and need to do everything possible to help limit the exposure. With prices where they are and winter weather upon us we will most likely have a very challenging bid week. That being said I want each of you to make sure we adhere to the "daily clean" process. You should pull all the necessary reports each day and keep after the schedulers to make sure they are up to date. If you wish, Donna and Richard can make these available each day and distribute to the group. We don't have much time so this needs to happen immediately. Donna, please provide me with a daily summary of all the desks for the remainder of the month. Let me know if you have any questions or concerns, thanks - Bob From: Dave Nommensen 11/16/2000 08:31 AM To: Robert Superty/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, George Smith/HOU/ECT@ECT, Edward Terry/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT, Tricia Spence/HOU/ECT@ECT, Beverly Beaty/HOU/ECT@ECT, Pat Clynes/Corp/Enron@ENRON, Patti Sullivan/HOU/ECT@ECT, Carlos J Rodriguez/HOU/ECT@ECT, Kevin Heal/CAL/ECT@ECT, Anita K Patton/HOU/ECT@ECT cc: Matt Pena/NA/Enron@Enron, Donna Greif/HOU/ECT@ECT, Richard Pinion/HOU/ECT@ECT, Kathryn Bussell/HOU/ECT@ECT, Jeff Johnson/Corp/Enron@Enron, Bob M Hall/NA/Enron@Enron, Jayant Krishnaswamy/HOU/ECT@ECT, Scott Mills/HOU/ECT@ECT, Tommy J Yanowski/HOU/ECT@ECT, Richard Burchfield/HOU/ECT@ECT Subject: Sitara positions, end of month feedback from Unify Bob, et al, As I am sure you recall, we had a problem with Sitara positions earlier in the month and had to cease trading early and revert to CPR for positions. Although I have not gotten very far in my transition off of Unify and onto Sitara and TDS, we do see some potential for this happening again towards the end of this month and the beginning of next month. The problem with managing positions is a combination of sheer deal counts, along with updates to those deals. A large portion of these updates come to Sitara via the Unify Bridge Back process. It would be ideal if we could continue to have the Unify data "cleaned/scrubbed" week to week and try to avoid having the bulk of the month being updated/bridged in the final week/days of the month. I know this is the goal of Logistics, but I just want to help reinforce that goal due to the performance impact it can have on the Gas Trading systems. Perhaps a few extra pair of eyes on the Pipeline Exception Summary and the Bridge Back Pipeline Summary in Unify this month would help. Another area that causes these transaction counts to increase is the need to have 2 months "active" at a time. In other words, when November is over and we are in the first week or two of December, Sitara continues to maintain positions for November. This November data degrades the ability to update December positions in a timely manner. We may find ourselves having to remove the November deals from the Sitara positions sooner than we have in the past. I will be trying to work with the Sitara team in the coming days/weeks to implement some combination of quick fixes, as well as look into the long term changes necessary to support our increased trading business. Please let me know if you have any questions or comments in this area. Thanks, d.n.
Sure thing, you hoser. -----Original Message----- From: Sullivan, Glen J. [mailto:GSullivan@sempra.com] Sent: Wednesday, April 26, 2000 2:56 PM To: 'MBD'; 'Leslie, John'; 'Elsesser, Evie'; 'McCrea, Keith'; 'Pocta, R. Mark'; 'Dasovich, Jeff'; 'Beach, Tom'; 'Burkholder, John'; 'Amirault, Paul'; 'Alexander, Michael'; 'Chancellor, Craig'; 'Dingwall, B.'; 'Douglass, Dan@SES'; 'Fawcett, Jeff'; 'Porter, Doug'; 'Rochman, Michael'; 'Counihan, Rick'; 'Bayless, David'; 'Paul, Joe'; 'Jimison, John'; 'Foss, Robert'; McVay, Nancy W - TPNWM; 'Scott, Susan'; 'Karp, Joe'; 'Johnson, Pamela'; 'gileau, patrick' Cc: Lorenz, Lad - TPLPL; Nelson, Eric B. - TPEBN; Morrow, Rick - TP3RMM; Follett, B. David - TPDBF; Brill, Thomas R.; Van Lierop, Jan - TP2JXV; Harrigan, James P. - TP1JPH; Sakarias, Wayne P.; Purves, Ralph A.; Teeter, James S.; Watson, Steven - TP2SAW; Cherry, Brian - TPBKC; Whitaker, Sue; Takemura, Earl - TPEKT Subject: RE: Gas Industry Settlement To signatories to the Comprehensive Settlement for SoCalGas & SDG&E: A few more "errata" I plan to make, absent objection: A. Creditworthiness Sections (1.2.3.2 and 2.2.3.2): In 1.2.3.2 on p.21, under b., subitem ii. should have "or" inserted at the end of the subitem and the "or" at the end of subitem iii. should be stricken (so that the reports or forms listed in i., ii., and iii. are alternatives to each other (customer only has to provide one of the three) and subitems iv. and v. are additional required items). In 2.2.3.2 on pp.36-37, make parallel changes in the "or"s as stated above. On p.22, under h., subitems i. through v. should be indented more than h. and then items j), k) and l) should be renumbered i., j., k. (this will then match section 2.2.3.2, which has the correct spacing/alphanumbering). On p.22 and p.37, we'd like to drop the reference to "U.S." in the reference to a letter of credit issued by a major "U.S." financial institution. SoCalGas has realized that it has already had dealings with Canadian or other foreign-owned customers where it was reasonable to rely on letters of credit from major financial institutions of the parent's country. (This should be ok with Paul Amirault, eh?) B. Btu content On pp.10 (twice) and 31, the settlement says we are assuming 1,016 Btu/mcf for the heating value of gas (subject to revision by Commission during term of settlement). We have the wrong units. It is 1,016 Btu per cubic foot, not per thousand cubic feet. We'd propose to change the number to 1,016 Btu/cf (not "1,016 Btu/mcf") On p.33, we got the units right the first time and don't need to change them on that page. Again, I'd appreciate you getting back to me or Brian Cherry by noon Friday if you have any problem with the above changes. -- Glen Sullivan -----Original Message----- From: Sullivan, Glen J. Sent: Wednesday, April 26, 2000 12:58 PM To: 'MBD'; 'Leslie, John'; 'Elsesser, Evie'; 'McCrea, Keith'; 'Pocta, R. Mark'; 'Dasovich, Jeff'; 'Beach, Tom'; 'Burkholder, John'; 'Amirault, Paul'; 'Alexander, Michael'; 'Chancellor, Craig'; 'Dingwall, B.'; 'Douglass, Dan@SES'; 'Fawcett, Jeff'; 'Porter, Doug'; 'Rochman, Michael'; 'Counihan, Rick'; 'Bayless, David'; 'Paul, Joe'; 'Jimison, John'; 'Foss, Robert'; McVay, Nancy W - TPNWM; 'Scott, Susan'; 'Karp, Joe'; 'Johnson, Pamela'; 'gileau, patrick' Cc: Lorenz, Lad - TPLPL; Nelson, Eric B. - TPEBN; Morrow, Rick - TP3RMM; Follett, B. David - TPDBF; Brill, Thomas R.; Van Lierop, Jan - TP2JXV; Harrigan, James P. - TP1JPH; Sakarias, Wayne P.; Purves, Ralph A.; Teeter, James S.; Watson, Steven - TP2SAW; Cherry, Brian - TPBKC; Whitaker, Sue Subject: RE: Gas Industry Settlement To signatories to the Comprehensive Settlement: ALJ Biren has given us until Friday of this week (April 28, 2000) to file "errata" to the Comprehensive Settlement. So far, I am planning to make the following non-substantive changes: 1. The table of contents was seriously messed up by an "automatic update" feature in Word just before we duplicated and filed. I will be putting it back to the state you saw in the final draft. 2. On p.7, section 1.12, put a period at the end of the last sentence. 3. On p.9, section 1.1.3.1, two thirds of the way down the page, I will be changing "subject to adjustment annual by the base rate PBR formula" to "subject to adjustment annually by the base rate PBR formula". 4. On p.27, section 1.5.4, in the third full paragraph on the page, I will be changing "If only one customer has an OFO day" to "If only one customer class has an OFO day". 5. Also on p.27, section 1.5.4, bottom line on the page, I will be filling in the blank with "C" (so it reads "Appendix C") In the category of "maybe substantive", 1. On p.10, section 1.1.3.2, three lines from the bottom of the page, the date "October 1, 2000" would be changed to "October 1, 2001". This sentence refers to including the cost of backbone transmission for core customers buying gas from SoCalGas in the "procurement" rate. Obviously, our intent was to do that only once we had unbundled backbone transmission, which happens on October 1, 2001. In the category of "substantive": 1. Our capacity term sheet had said that we would unbundled "additional" (non-reliability) storage for CTAs effective upon implementation of the settlement (See p.4). The filed settlement managed to drop the section that provided for this option for CTAs prior to the principal storage change on April 1, 2001. (The filed settlement is ok for the period starting April 1, 2001). So, to be consistent with the term sheet, we need to insert something back into the settlement to allow CTAs to opt out of non-reliability storage in the period from the effective date (90 days after approval) to April 1, 2001. Obviously, this may not be a very long period. John Leslie has suggested inserting at the very beginning of Section 5.4.4.3: "In the partial storage year beginning on the effective date of this Settlement Agreement, and....[continue with current text]." We would need to cover as part of implementation filings the exact mechanism/pricing for SoCalGas purchasing gas in storage owned by CTAs if they opt out of nonreliability storage prior to April 1. 2001. SoCalGas and SDG&E are ok with John's language and want to make sure it is ok with other signatories. If you have any problems with any of these changes, please contact me or Brian Cherry by noon on Friday, April 28. My email is gsullivan@sempra.com and my phone is (619) 699-5162. Brian's email is bcherry@sempra.com and phone is (213) 244-3895. We are looking at the possibility of two or three additional changes, and Brian may send you a follow-up message. -- Glen Sullivan Sempra Energy Law Dept.
FYI Vince ---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 01/31/2001 03:06 PM --------------------------- Melinda McCarty@ENRON 01/31/2001 02:06 PM To: Christie Patrick/HOU/ECT@ECT cc: degiacic@wharton.upenn.edu, jhenders@newpower, Vince J Kaminski/HOU/ECT@ECT Subject: Re: Wharton Tiger team #3 I have reserved conference room 32C2 for Thursday, Feb 1, Feb 8, and Feb 15 from 3:30 - 5:30 John to teleconference in tomorrow (Feb 1) call 713-853-9554 Please let me know if Wharton is using a different number from last week so that I can inform the scheduling people Melinda x31641 Christie Patrick@ECT 01/30/2001 06:34 PM To: Melinda McCarty/Corp/Enron@Enron cc: jhenders@newpower@EES, Vince J Kaminski/HOU/ECT@ECT, degiacic@wharton.upenn.edu Subject: Re: Wharton Tiger team #3 Melinda, Would you please coordinate John Henderson into the Thursday videoconference? Thanks! --Christie. ---------------------- Forwarded by Christie Patrick/HOU/ECT on 01/30/2001 06:31 PM --------------------------- Mohn Henderson@NEWPOWER 01/30/2001 04:13 PM Sent by: Melissa Corley@NEWPOWER To: Christie Patrick/HOU/ECT@ECT@EES cc: jhenders@newpower@EES, Vince J Kaminski/HOU/ECT@ECT, Melinda McCarty/Corp/Enron@Enron, degiacic@wharton.upenn.edu Subject: Re: Wharton Tiger team #3 John would prefer to join the Thursday call via teleconference. If you could provide the dial in number he will call in. Thanks, Melissa Corley John Henderson Christie Patrick@ECT 01/30/2001 03:50 PM To: jhenders@newpower@EES, Vince J Kaminski/HOU/ECT@ECT cc: Melinda McCarty/Corp/Enron@Enron, degiacic@wharton.upenn.edu Subject: Wharton Tiger team #3 Hi John and Vince! John, hopefully you received my voice mail regarding the matter set forth below. I'm in NY now and won't return until Thursday morning. Perhaps it would be easiest for John to come to the video conference on Thursday (if he's in Houston) or via telephone if he's travelling?? Whatever you both think is best..please let me know! My assistant, Melinda McCarty, is setting up the call location at the Enron Building, as well as the dial-in number with Donna Piazze at Wharton. Melinda, please include John in the distribution of the video conference location. Thanks! ---------------------- Forwarded by Christie Patrick/HOU/ECT on 01/30/2001 03:43 PM --------------------------- "DeGiacinto, Clayton" <degiacic@wharton.upenn.edu> on 01/30/2001 02:00:07 PM To: "'Christie.Patrick@enron.com'" <Christie.Patrick@enron.com> cc: "Feerick, Dennis" <dennisf@wharton.upenn.edu>, "Lessar, Stephen" <lessars@wharton.upenn.edu>, "Vittal, Maheshram" <mvittal@wharton.upenn.edu>, "Bassal, Omar" <bassalo@wharton.upenn.edu>, "Cummins, Marc" <marcjc@wharton.upenn.edu> Subject: Wharton Tiger team #3 Christie, As we talked last Thursday via video teleconference, we are planning to narrow our scope to focus on a marketing/promotion plan for NewPower including value-added products and services for the future. Before we talk again on Thursday, we would like to speak with John Henderson again to see if he recommends any specific items he would like us to address. We are having trouble contacting him and wonder if you could facilitate a phone meeting between us, or if it would be best to include him in our next video teleconference. We are available the next two days at 1pm and 4pm Houston time. We understand that John is a very busy person, and we appreciate any help you can give in getting us together to ensure our work is commensurate with his expectations. Thanks, Enron Team 3 (Retail)
We are launching a number of committees to perform key functions across Enron. Enron,s breadth of activities and nonhierarchal organization make it increasingly necessary to broaden the participation of Enron,s next generation of leadership in the important decisions affecting the company. Broadening participation will result in increased access to information as decisions are made and will allow committee members to extend their working relationships and influence throughout the company. The committee charters and memberships are set forth below. Not everyone listed has been contacted in advance. We urge you to serve if at all possible, but, if you cannot, please contact the committee chair. VP PRC The VP PRC will continue to be responsible for evaluating the performance of Enron,s Vice Presidents, determining promotions to Vice President, and recommending promotions to Managing Director. Additionally, the VP PRC will review and propose changes to the PRC process, the performance evaluation criteria and the promotion criteria. The VP PRC will be chaired by Dave Delainey and its membership is as follows: Tim Belden Ben Glisan Danny McCarty Michael Brown Joe Gold Jeff McMahon Rick Buy Mark Haedicke Rob Milnthorp Wes Colwell Jim Hughes Matthew Scrimshaw David Cox Louise Kitchen Jeff Shankman Janet Dietrich Michael Kopper Richard Shapiro Dave Duran John Lavorato Marty Sunde Jim Fallon Dan Leff Analyst/Associate PRC The analyst/associate PRC will be divided into 3 groups. Enron Europe will have the same committee evaluate analysts and associates. This group will be chaired by John Sherriff and its membership is as follows: Pierre Aury Kevin Heffron Andreas Radmacher Rob Bayley Joe Hirl Stuart Rexrode Paul Chivers Chris Mahoney Marcello Romano Markus Fiala Christopher McKey Bjarne Schieldrop David Gallagher Roy Poyntz Ron Slimp Bruce Garner Paul Quilkey Rob Stewart The associate PRC for the Americas will be chaired by Stan Horton and its membership is as follows: Sally Beck Troy Henry Kevin Presto Jeremy Blachman Sean Holmes Brad Richter Don Black Sean Long Stewart Seeligson Dan Castagnola Rodney Malcolm Hunter Shively Joe Deffner Scott Neal Jim Steffes Kevin Garland John Nowlan Andy Zipper David Gorte Ozzie Pagan The analyst PRC for the Americas will be chaired by Steve Kean and its membership is as follows: Federico Cerisoli Mark Jackson Everett Plante Jennifer Fraser Ben Jacoby Paul Racicot Derrick Davies Steve Jernigan Angela Schwarz Scott Gahn Jay Lewis Ed Smida Rod Hayslett Cheryl Lipshutz Jon Thomsen Rogers Herndon Michael Mann Emilio Vicens Brenda Herod Ed McMichael Frank Vickers Kevin Howard Steve Meyers Analyst/Associate Program The most essential determinant of Enron,s continued growth is our ability to attract and develop new talent. The analyst/associate program has been the biggest contributor to our success in this area. Charlene Jackson, currently leading our analyst/associate program, has taken a commercial position in EES, account management organization. We thank Charlene for her hard work and many contributions to the program. Going forward, this program will be administered by a committee chaired by John Sherriff, CEO of Enron Europe. The members of this committee are listed below. Billy Lemmons, currently Vice President of Enron Global Markets, will lead the day-to-day operations of the program. Billy joined Enron in 1992, and has served in a variety of commercial capacities across the company and has been an active participant in the Associate /Analyst program. Please join us in congratulating Billy on his new responsibilities. Phillip Allen Andy Fastow Eric Shaw Robina Barker-Bennett Kevin Garland Hunter Shively Rick Causey Ken Rice Stu Staley Joe Deffner Culture We are combining the vision and values, diversity and corporate responsibility committees into a single corporate culture committee chaired by Ken Lay. Cindy Olson, Beth Tilney and Kelly Kimberly will serve as executive directors of this committee. This committee will focus on leadership and work-life issues (making it easier to attract and retain the best talent), in addition to continuing the work of the vision and values, diversity and corporate responsibility task forces. The members of this committee are as follows: Greg Adams Louise Kitchen Mark Palmer Shelley Corman Michael Kopper Paula Rieker Janet Dietrich Richard Lewis Jeff Shankman Jeff Donahue Sean Long Mitch Taylor Gene Humphrey Dan McCarty Mike Terraso Robert Jones Jean Mrha The Corporate Policy Committee will conduct the MD PRC and review the recommendations of the other committees, giving substantial deference to the decisions of those other committees. We will be forming other committees to deal with other significant functions, tasks and issues facing the company.
Today, we announced plans to merge with Dynegy, a major player in the energy marketplace and one of our largest counterparties. Dynegy is a great company with businesses very similar to our own. We believe merging with Dynegy is the best option to preserve our core businesses that you've worked so hard to build. Following are the major components of the transaction. Deal Terms -- The transaction will constitute a stock for stock exchange based on an exchange ratio of 0.2685 Dynegy shares for every Enron share. For example, each 1,000 shares of Enron stock will be converted to 268 shares of Dynegy upon closing, plus cash for fractional shares, upon closing. -- ChevronTexaco owns approximately 26 percent of Dynegy's outstanding common stock. ChevronTexaco will invest $1.5 billion in Dynegy immediately and an additional $1 billion in Dynegy on closing of the merger. Dynegy will immediately invest $1.5 billion in cash in Enron's Northern Natural Gas subsidiary in exchange for preferred stock in Northern Natural Gas. -- Total outstanding shares of the combined company are expected to be approximately 700 million shares. -- The transaction is subject to shareholder and regulatory approvals, and is expected to close late next year. Enron will have immediate access to Dynegy's $1.5 billion cash investment in Enron's Northern Natural Gas subsidiary. Management of Newly Formed Company Chuck Watson will be chairman and CEO of the newly formed company, which will be called Dynegy Inc., and Steve Bergstrom will be president and COO. I will continue to serve as chairman and CEO of Enron until the transaction closes. I will not join the Dynegy Office of the Chairman. Greg Whalley will continue to serve as president and COO of Enron until the transaction closes. Then he will become an executive vice president of the new company and will join the Dynegy Office of the Chairman. Mark Frevert will continue as vice chairman of Enron. Management from Enron and Dynegy will work together to ensure a smooth, efficient integration. The make-up of the integration team has not yet been determined. The merger will be a long and complex process and is expected to close by the end of the third quarter 2002. This merger will create an enormous growth engine, providing great opportunities for our employees, shareholders and customers. As with any merger, some elimination of positions is almost inevitable, and one of our key tasks will be to identify the optimal structure of the new company. We hope to be able to address any need for work force reductions through attrition and hiring reductions. Clearly, we cannot rule out involuntary separation, but Dynegy is motivated to identify and retain the best talent from both organizations. I promise you that I will do everything I can to make this transition as smooth as possible. As I said in my video, this is a day like no other in our company's history. We considered several options, but we believe that this merger with Dynegy is the best option to help rebuild investor and market confidence, strengthen our balance sheet and preserve our core businesses. I know you have a lot of questions about this transaction and about next steps. We have a list of frequently asked questions posted at <http://home.enron.com/updates/>. If you have additional questions, please submit them to questions@enron.com <mailto:questions@enron.com>. We will post updates as soon as we have answers to your questions. If you receive any calls from the media, please refer them to our media team at (713) 853-5670. I ask you to consider the enormously bright future of the newly formed company. Rather than closing doors, we are opening new ones, as this deal enables the customers and shareholders of both companies to participate in the tremendous benefit of the combined enterprise, including our market reach, financial strength and industry experience. Together, we will be a new merchant powerhouse. And again, thank you for everything you have done for Enron. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6400, Fax: (713) 507-6808; or Investor Relations, Enron Corp., 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3002. In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.
. -----Original Message----- From: Novosel, Sarah Sent: Monday, October 15, 2001 10:29 PM To: Presto, Kevin M.; Davis, Mark Dana; May, Tom; Will, Lloyd; Lindberg, Susan; Gupta, Gautam; Misra, Narsimha; Scheuer, Janelle; Baughman, Edward D.; Herndon, Rogers Cc: Nicolay, Christi L. Subject: RTO Week -- Summary of Day One Panel Today was the first day of FERC's "RTO Week" in Washington, D.C. The topic of today's panel was "RTO Markets and Design: Required Markets and Optional Markets." The issues in both panels were quickly merged and the two panels discussed all of the issues. Panel One: Mandatory RTO Markets<?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> The morning panel consisted of the following participants: Peter Cramton (University of Maryland), David Hadley (Indiana PSC), Mark Kleinginna (Ormet), John Meyer (Reliant), John O'Neal (Mirant), and Roy Shanker (consultant for generators in the Northeast). Energy Spot Market There was unanimous agreement among these panelists that the RTO must run a real time energy, or spot, market. Most panelists agreed that the spot market should be a bid-based, security-constrained system with economic dispatch. In response to a question from Pat Wood, most also agreed that nodal (LMP) pricing should be used in the spot market, although John Meyer from Reliant stated that zonal pricing is used in ERCOT and that works also. Day Ahead Market and Balanced Versus Unbalanced Schedules Most of the panelists said that the RTO should not require balanced schedules. Peter Cramton said that with a day-ahead market, no need for balanced schedules because the real time market prices will discipline behavior. John Meyer agrees, saying if there is no balanced schedules requirement, then there might be a need for a day-ahead market. John notes that ERCOT has a balanced schedule requirement. John also said that imbalance penalties could be appropriate for imbalances that hurt the system. Roy Shanker also said FERC needs either a balanced schedules requirement (which he does not recommend) or have a day-ahead market. ICAP Requirement Most of the panelists (except Peter Cramton -- University of MD) support an ICAP requirement. However, none of the panelists could point to an effective ICAP market (Roy Shanker says he has an idea of what would work - we will probably see this in comments in the ICAP proceeding due later this week). Mark from Ormet kept bringing the message back to the need to know the rules and know that the rules will not change substantially over time. Mark said liquidity in PJM does not help him move power to the Midwest since the rules are undefined outside of PJM. He cannot enter into long-term contracts because he does not know what the rules will be one or more years out. He also said you can have an ICAP market but market participants have to be able to meet ICAP requirements through load response. Standardized Markets Most of the panelists agreed that the mandatory markets should be real time and day-ahead energy markets, spinning and non-spinning reserves and regulation should also be required and be standardized. Massey asked if the costs to standardize are outweighed by the benefits. Roy Shanker said the Northeast works so FERC should not change it. Even if FERC does not require standardization between the RTOs, creating large RTOs and fixing the problems within the RTOs will be a big improvement. Mark with Ormet and the Indiana Commissioner both urged FERC to standardize the mandatory markets among the RTOs. Panel Two: Optional RTO Markets The afternoon panel consisted of the following participants: Fiona Woolfe (lawyer with experience in England and Wales pool); Roy Thilly (Wisconsin Public Power Inc.); Richard Pierce (professor at George Washington); Glen Arthur (Connecticut PSC); Steve Naumann (Commonwealth Edison); Ed Cazalet (APX). This panel was intended to cover optional market issues, including whether a day-ahead market is needed and whether there should be ICAP markets. This panel addressed these issues as well as the need for a real time market, market monitoring, and other issues. Mandatory Markets Other than Ed Cazalet (APX), the other panelists for the most part agree that the RTO should run a real time and day-ahead energy market, ancillary services markets, and there must be an ICAP requirement. Ed Cazalet believes that there only needs to be a small balancing market (perhaps with balanced schedules requirements) and leave the creation of any other markets to independent entities to create. ICAP Most of the panelists believe that the RTO should provide a day-ahead market, congestion management and ancillary services. Most also favor an ICAP requirement and market. Pat Wood said he is not convinced that a blanket ICAP requirement is needed on Day One. He has been considering an ICAP requirement that does not apply until triggers are reached, and perhaps that should be considered here as well. He has also been talking with a Northeast regulator about having different requirements for states depending on whether they have retail access or not. Shelton Cannon (Staff) asked the panelists to assume one Midwest RTO - can there be different ICAP requirements within the RTO? Most panelists agree that if the ICAP rules are the same within the RTO, that there could be percentage requirement deviations. Day Two of RTO Week focuses on Congestion Management in the morning and Transmission Planning and Expansion in the afternoon. We will get summaries out on these panels tomorrow. Please call me with questions or comments. Sarah
Davis is saying he's had discussions with us about taking a loss on our debts?? Have we had any such conversations w/ him? ( I told the media yesterday we hadn't been contacted by him...) ---------------------- Forwarded by Karen Denne/Corp/Enron on 03/01/2001 09:08 AM --------------------------- From: Ann M Schmidt on 03/01/2001 08:54 AM To: Karen Denne/Corp/Enron@ENRON cc: Subject: Merrill Lynch Report: Governor Davis Comes to Wall Street Karen, FYI. Ann Governor Davis Comes to Wall Street 3/1/1 9:47 (New York) M E R R I L L L Y N C H Research Bulletin Fixed Income Research Reference Number 10906001 United States Mar/01/2001 09:47 Leo J. Kelser (1) 212 449-7803 Highlights of This Issue Governor Gray Davis of California met with a group of sell-side and rating agency analysts in New York yesterday. The Governor outlined his plan for restoring the utilities to financial viability so that they can meet their obligations. Below we summarize a few highlights from the meeting. Trying to Fit Solution Within Existing Rate Structure The Governor talked about the need to find a solution to the utilities' problems within the context of their existing rate structures. He indicated that the temporary 9% rate hike from January 2000 would be made permanent and that a 10% rate reduction that went into effect in January 1998 would be reversed in March 2002. Status of Negotiations with PG&E As we noted in a February 26(**th) comment, the Governor has reached an agreement in principle with Southern California Edison (EIX: B3/CC) to address that utility's past under-collections. He hopes to also have an agreement with PG&E within the next 30 days, suggesting that progress was made in particular in the last 2-3 days. However, the Governor acknowledged that reaching an agreement with PG&E was more difficult due to its larger under-collected balance and lower rates compared with SCE. Some Generators Agree to Haircut The Governor indicated that a couple of unnamed generators have voluntarily agreed to accept less than 100 cents on the dollar for their past due receivables. When pressed about which parties they've had constructive discussions with, he identified Williams (WMB: Baa2/BBB-), Enron (ENE: Baa1/BBB+) and Dynegy (DYN: Baa2/BBB+). We note that most of the generators and marketers with exposure to California have established reserves against possible losses. Importantly, the Governor said that he hoped that the banks and bondholders would not be asked to take a haircut. Prospects for Legislation and Possibility of Ballot Initiative The Governor said he is quite confident that he can reach an agreement with the utilities that the legislature can support. Although he admitted that he couldn't prevent someone from proposing a ballot initiative, the governor said that in the end, the acid test with the public is how it affects their pocket books. Thus, if there is ultimately a ballot initiative, Governor Davis is optimistic that the public will be supportive of his plan given the limited impact on electric rates. Status of Defaulted Utility Debt As we have commented in the past, it appears unlikely that the resulting legislation will pass with the required 2/3majority to go into effect immediately. Accordingly, there will be a several month lag before the utilities receive any cash. In response to a question, it appears that the state will not step in to help the utilities pay off any maturing or defaulted commercial paper. But the Governor and his advisers hope that legislation will provide enough certainty so that the companies can get bridge financing. Essentially, it appears the Governor is leaving it up to the utilities to find the money from their banks. Governor's Strategy to Keep the Lights On The Governor stated that a key reason that deregulation failed in California was that no new power plants were built in the state for over twelve years. In the intervening time, demand caught up with supply. In response, he has proposed various conservation initiatives and is trying to expedite the construction of new power plants. He set a goal of having 20,000 megawatts (mws) of new supply on line by 2004. In addition, the governor highlighted the need for additional investment in the transmission infrastructure. In particular, he cited the need to expand the capacity to import more power from Arizona as well to improve the ability to move power from south to north within the state. He suggested that part of the rationale for the state taking over the utilities' transmission grids was to ensure that the additional investment takes place. He also suggested that the state would lease the transmission lines back to the utilities to allow them to continue to operate them. In the meantime, the focus is to move away from California's over-reliance on the spot market. In that vein, Calpine (CPN: Ba1/BB+) yesterday announced the signing of two long-term contracts with the state's Department of Water Resources (DWR). One of those contracts was to sell up to 1,000 mws over a ten- year term. The other was to provide up to 495 mw of peaking capacity under a 20-year contract. Earlier in February, CPN had reached agreement with the DWR on a separate 10-year contract for an additional 1,000 mws. (EIX, WMB) MLPF&S was a manager of the most recent public offering of securities of this company within the last three years. Copyright 2001 Merrill Lynch, Pierce, Fenner & Smith Incorporated (MLPF&S). All rights reserved. Any unauthorized use or disclosure is prohibited. This report has been prepared and issued by MLPF&S and/or one of its affiliates and has been approved for publication in the United Kingdom by Merrill Lynch, Pierce, Fenner & Smith Limited, which is regulated by SFA; has been considered and distributed in Australia by Merrill Lynch Equities (Australia) Limited (ACN 006 276 795), a licensed securities dealer under the Australian Corporations Law; is distributed in Hong Kong by Merrill Lynch (Asia Pacific) Ltd, which is regulated by the Hong Kong SFC; and is distributed in Singapore by Merrill Lynch International Bank Ltd (Merchant Bank) and Merrill Lynch (Singapore) Pte Ltd, which are regulated by the Monetary Authority of Singapore. The information herein was obtained from various sources; we do not guarantee its accuracy or completeness. Additional information available. Neither the information nor any opinion expressed constitutes an offer, or an invitation to make an offer, to buy or sell any securities or any options, futures or other derivatives related to such securities ("related investments"). MLPF&S and its affiliates may trade for their own accounts as odd-lot dealer, market maker, block positioner, specialist and/or arbitrageur in any securities of this issuer(s) or in related investments, and may be on the opposite side of public orders. MLPF&S, its affiliates, directors, officers, employees and employee benefit programs may have a long or short position in any securities of this issuer(s) or in related investments. MLPF&S or its affiliates may from time to time perform investment banking or other services for, or solicit investment banking or other business from, any entity mentioned in this report. This research report is prepared for general circulation and is circulated for general information only. It does not have regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this report. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this report and should understand that statements regarding future prospects may not be realized. Investors should note that income from such securities, if any, may fluctuate and that each security's price or value may rise or fall. Accordingly, investors may receive back less than originally invested. Past performance is not necessarily a guide to future performance. The bonds of the company are traded over-the-counter. Retail sales and/or distribution of this report may be made only in states where these securities are exempt from registration or have been qualified for sale. MLPF&S usually makes a market in the bonds of this company. Foreign currency rates of exchange may adversely affect the value, price or income of any security or related investment mentioned in this report. In addition, investors in securities such as ADRs, whose values are influenced by the currency of the underlying security, effectively assume currency risk. Provider ID: 10906001 -0- Mar/01/2001 14:47 GM
USA: Enron seen facing long road to restore confidence. Reuters English News Service, 10/17/01 USA: UPDATE 1-RTO seen key to boosting New England power supply. Reuters English News Service, 10/17/01 Enron Seeks Replacement For AGA's Gas Storage Report Dow Jones Energy Service, 10/17/01 Financial Post: News Earnings: A Few Bright Spots in the Shadows Yesterday's earnings National Post, 10/17/01 Bush to Nominate Kelliher to Open FERC Seat, White House Says Bloomberg, 10/17/01 Energy Regulators May Loosen Price Caps on Western Power Sales Bloomberg, 10/17/01 Enron Faces Questions Over Limited Partnerships, WSJ Reports Bloomberg, 10/17/01 USA: Enron seen facing long road to restore confidence. By Andrew Kelly 10/17/2001 Reuters English News Service (C) Reuters Limited 2001. HOUSTON, Oct 17 (Reuters) - Enron Corp. moved in the right direction by releasing more detailed financial data and tackling problems at peripheral businesses, but the energy giant still has a way to go to make Wall Street happy, analysts said Wednesday. Enron, North America's biggest buyer and seller of natural gas and electricity, reported its first quarterly loss in more than four years on Tuesday. The company took $1.01 billion in charges and writedowns on ill-fated investments, measures Enron executives said credit rating agencies were comfortable with. UBS Warburg analyst Ronald Barone said on Wednesday he was "not thrilled" by the announcement during a conference call to discuss third-quarter earnings. And for good reason. Moody's Investors Service subsequently issued a statement saying it had placed all of Enron's long-term debt obligations on review for a possible downgrade. "There appears to be much more work ahead before the lingering credibility issues that have vexed this company in the past are fully resolved," Barone said. The writedowns on poorly performing assets and a more detailed breakdown of the company's operations went some way to appeasing Wall Street after a tumultuous year in which Enron's stock lost about two-thirds of its value, but analysts said they were not about to let Enron off the hook just yet. Bear Stearns analyst Robert Winters said he remained concerned about Enron's quality of earnings and cash flow. Winters said he believed Enron would have liked to take even bigger charges and writedowns, but was unable to do so without putting its credit ratings at risk, which could adversely affect some of the company's financing arrangements. "Problem assets and overvalued assets on the balance sheet remain, particularly overseas," he said. One such asset is Enron's 65 percent stake, valued at $1 billion, in the Dabhol power plant project in India, which has been stalled because of a long-running payments dispute with its only customer, a local utility company. Enron's stock closed down $1.64, or 4.85 percent, at $32.20 on Wednesday. For the year to date the stock is down about 61 percent, underperforming the Standard & Poor's utilities index , which has fallen some 24 percent over the same period. Enron was a Wall Street favorite last year when its stock posted a gain of 87 percent, driven by enthusiasm for the company's broadband plans and the success of its EnronOnline Internet energy and commodity trading platform. But the stock has fallen sharply this year as sentiment toward broadband soured, new chief executive Jeff Skilling resigned after just six months in the job and wrangling continued over the Dabhol power plant project. Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved. USA: UPDATE 1-RTO seen key to boosting New England power supply. By Scott DiSavino 10/17/2001 Reuters English News Service (C) Reuters Limited 2001. NEW YORK, Oct 17 (Reuters) - Energy companies said the future development of new power plants and transmission lines in the U.S. Northeast hinges, in part, on setting up a Northeast Regional Transmission Organization (RTO). RTOs are predominantly for-profit groups established to bring all of a region's high-voltage transmission lines under central control while ensuring equal access to the lines to all power suppliers seeking to market their goods across the grid. The Federal Energy Regulatory Commission (FERC), which oversees the interstate wholesale power market, believes RTOs will benefit consumers by enhancing competition among power providers, in turn improving service and driving down rates. "If FERC can drive the Northeast RTO to closure in a reasonable period of time, it will accelerate the development of new transmission and generation," Enron Corp.'s managing director of global government affairs, Rick Shapiro, told Reuters. Houston-based Enron is the nation's top energy marketer. "How and when the RTO gets implemented will radically impact the market. It's crucial to the development of the market in New England," Mirant Corp. spokesman Ray Long told Reuters. Energy provider Mirant, of Atlanta, has 1,400 megawatts (MW) of generation in New England. The company is currently adding another 700 MW to its Canal station in Massachusetts. "Once we get the permits for Canal, we will reassess whether to proceed with the project. A big part of that assessment will depend on the RTO process," Long said. THE NORTHEAST RTO FERC wants to see four super-regional RTOs created in the U.S. - in the Northeast, Midwest, Southeast and West. Several regions have taken long strides toward developing RTOs, including a not-for-profit model proposed in the Midwest and rival for-profit plans vying for FERC approval in the West. FERC Chairman Patrick Wood, seeking to spur the development of RTOs, favors giving utilities until Dec. 15 to join one or forfeit their right to sell electricity in the wholesale market, though the commission has not voted on this plan. The Northeast RTO will include New England, New York, the Pennsylvania-New Jersey-Maryland (PJM) region and possibly parts of eastern Canada. FERC said it wants the Northeast RTO to be built on the PJM market platform and to include the best practices of the New England and New York markets. PJM Interconnection, which operates the power grid in parts of Pennsylvania, New Jersey, Maryland, Delaware, Virginia and Washington, D.C., is the nation's only fully functioning RTO. "The process FERC set in place to establish one RTO in PJM, New York and New England is going to get us where we need to be in terms of having a vibrant wholesale market," Long said. Long said Mirant determined a single Northeast RTO would save more than $440 million annually by eliminating the "artificial borders that now exist between New York, New England and PJM." An administrative law judge, acting as a mediator for FERC, considered three proposals for creating the Northeast RTO. The three plans were proposed by interested parties, including Mirant and Enron, and the region's grid operators - the New York Independent System Operator (ISO) in New York, ISO New England in New England and PJM. Last month, the judge asked the FERC to decide who will govern the Northeast RTO and what the timetable is to put the plan in place. The judge favored a plan put forward by the New York ISO and ISO New England. "If FERC implements the RTO plan proposed by PJM in 2003, consumers could save $1.5 billion ... $440 million a year ... over the New York/New England plan, which would not be implemented until 2006," Long said. Under the PJM plan, PJM would overlay its current market model across the entire region, while adopting some of the best practices of the other markets. "Although nothing is perfect, PJM is widely accepted as the best market in the region. New York and New England, which are younger markets, are still works in progress with some bugs to work out," Enron's Shapiro said. Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved. Enron Seeks Replacement For AGA's Gas Storage Report 10/17/2001 Dow Jones Energy Service (Copyright (c) 2001, Dow Jones & Company, Inc.) HOUSTON -(Dow Jones)- Enron Corp. (ENE), the nation's largest natural gas trading company, isn't ready to let the regular report on U.S. natural gas storage inventory die, a company executive said Tuesday. Because the American Gas Association has said it will discontinue its weekly gas storage report at the end of the year, Enron would like to see another organization take over the report, said John Lavorato, president and chief executive of the company's Americas Wholesale Services unit. Speaking at a meeting with analysts, Lavorato said the storage report is important for the gas industry to keep track of industry fundamentals. Without a regular report on storage gas inventory, the gas industry can expect less frequent but greater price changes than seen in the past, he said. The Department of Energy's Energy Information Administration publishes monthly data on gas storage, but the information isn't as timely as data the AGA reports each Wednesday. The EIA issued its latest gas storage report Oct. 9. It showed the amount of gas in storage at the end of July. The data comes from reports filed by operators of gas storage facilities. It also showed estimates of the amount of gas in storage at the end of August and September. Those estimates are generated by a computer model. Wednesday's weekly storage report from the AGA will show estimated inventory as of Oct. 12. The AGA estimate is based on reports from gas storage facilities. That data is then run through an AGA computer model to generate the report. Lavorato said he would like to see the EIA, the Interstate Natural Gas Association of America or consultants like PIRA Energy Group, an international energy consulting firm, take over reports on storage inventory. INGAA is an industry trade group representing gas pipeline companies in the U.S., Canada and Mexico. They manage many of the gas storage facilities. Lavorato would like to see a new report based on data that could be audited, he said. He said he thinks the AGA has found itself "in the middle of something it didn't want to be in." Originally intended for use within the gas industry, the weekly AGA report has become high-profile, and is even watched by equity markets, he said. Some industry participants have criticized the AGA report, wondering whether it can be manipulated by companies that supply data to the AGA. Many of those companies also trade physical gas and gas futures. When the AGA has revised storage figures from previous reports, gas prices have sometimes reacted wildly. -By Michael Rieke, Dow Jones Newswires; 713-547-9207; michael.rieke@dowjones.com Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved. Financial Post: News Earnings: A Few Bright Spots in the Shadows Yesterday's earnings National Post 10/17/2001 National Post National FP2 (c) National Post 2001. All Rights Reserved. Maytag Corp. reported a third-quarter net loss of US$29.7-million yesterday, but said sales of its Maytag and Amana home appliances exceeded forecasts. Net income excluding charges was US45 cents a share. Delphi Automotive Systems Corp. said third-quarter profit fell 82%. Third-quarter profit was US$26-million, (US5 cents), a drop from US$148-million (US26 cents) in the third quarter of 2000. Revenue was US$6.23-billion, down 6%. Enron Corp. posted a third-quarter net loss as it chopped away at a tangled balance sheet with US$1.01-billion in charges, offsetting strong returns from its core wholesale trading and marketing division. Before charges profit was up 35%. Enron reported a net loss of US$638-million (US84 cents), compared with year-earlier net income of US$271-million, (US34 cents). Netgraphe Inc., a Montreal-based Internet company, reported higher revenue and a reduced operating loss for its first quarter. But its net loss, which included depreciation, unusual items and amortization of goodwill related to acquisitions, rose to $11.7-million, up from $10.97-million. Netgraphe is the online division of Quebecor Inc. Tellabs Inc., a telecommunications equipment maker, reported a third-quarter plunge as revenue fell by half. The Illinois-based company's results, including charges of US$60-million, fell to a loss of US$49.47-million (US12 cents), compared with a profit of US$187.3-million (US45 cents) last year. Cott Corp., the world's largest supplier of store-brand soft drinks, reported a 40% rise in third-quarter profit, as beverage volumes soared nearly 25%. For the quarter ended Sept. 29, Toronto-based Cott, with annual sales of nearly US$1-billion last year, said it made a profit of US$11.1-million (US16 cents) up from a profit of US$7.9-million (US12 cents) in the previous year's quarter. Sales during the quarter rose 15% to US$302.5-million from US$263.5-million in the year-ago period. Kraft Foods Inc. saw earnings rise 24% in the third quarter, its second as a public company. It earned US$522-million (US30 cents), compared with US$420-million (US24 cents) on a pro-forma basis, a year ago. Revenue slipped to US$8.06-billion from US$8.11-billion a year earlier. Copyright ? 2000 Dow Jones & Company, Inc. All Rights Reserved. Bush to Nominate Kelliher to Open FERC Seat, White House Says 2001-10-17 16:09 (New York) Bush to Nominate Kelliher to Open FERC Seat, White House Says Washington, Oct. 17 (Bloomberg) -- President George W. Bush will nominate Joseph Kelliher, a policy adviser to U.S. Energy Secretary Spencer Abraham, to fill the open seat on the Federal Energy Regulatory Commission, the White House said. If the Senate approves Kelliher, a former Republican counsel for the House Energy and Commerce Committee, the commission will have its full five members for the first time since Pat Wood, Bush's first FERC appointee, became chairman Sept. 1. ``I hope they speed him through the process,'' said Commissioner Nora Brownell, a Republican who was appointed by Bush earlier this year. ``He is a thoughtful person who knows how to work through issues.'' Kelliher's nomination comes as the commission has pledged to closely monitor and investigate abuses in the electricity and natural gas markets and promote competition. In the next month or so, it is due to choose which groups will run the electric power grid around the country, an important step in deregulating the nation's power markets. A former power industry lobbyist, Kelliher would fill the opening left by the departure of Curt Hebert, a Republican appointed by President Bill Clinton and named chairman by Bush. Hebert left the commission Aug. 31 to join Entergy Corp. after the White House made it clear Bush planned to make Wood the chairman. With Kelliher, FERC will have three Republicans and two Democrats. ``Kelliher will be a valuable final addition to the team now working actively to finish the transition to truly competitive and dynamic power markets,'' said the Electric Power Supply Association, which represents competitive power sellers such as Enron Corp. The commission is responsible for ensuring fair wholesale electricity and natural gas prices. Energy Regulators May Loosen Price Caps on Western Power Sales 2001-10-17 14:59 (New York) Energy Regulators May Loosen Price Caps on Western Power Sales Washington, Oct. 17 (Bloomberg) -- Federal regulators are considering changes to wholesale price caps on electricity in California and 10 Western states, which power producers hope will allow them to charge more when supplies in the region are tight. The Federal Energy Regulatory Commission plans a public conference Oct. 29 to discuss altering the pricing formula. The commission established caps in April and June, after skyrocketing electricity costs led to insolvency for California's largest utilities, units of PG&E Corp. and Edison International. ``We have heard and understand that people do think the solution was very California-centric, and it was,'' FERC Chairman Pat Wood said, indicating changes in the formula are likely. ``But California's needs were very urgent at the time.'' While commissioners declined to say what they would be willing to change about the pricing formula, they want to fine- tune the caps before the winter, which is the peak period of demand and may yet cause another jump in prices, Wood said. Changes could be made next month. The current pricing formula is based on the most-expensive power generated in California. Enron Corp., Sierra Pacific Resources and other sellers of power to California want the formula to consider costs from all generators in the region. Enron blamed the formula for a July 2 blackout in Nevada, when sellers withheld supply because local prices were too low based on the highest cost of supply then being offered in California. Lower Power Costs Though the cost of wholesale power in California has dropped since the commission ordered the first emergency cap on April 25, Wood said the Western states may face another shortage of power and high prices this winter. The Pacific Northwest depends on hydropower for much of its energy needs, and rainfall has been below normal this year. Part of the shortfall in power last year and early this year was the result of a drought that reduced power available from dams. ``I remain concerned about that part of the country,'' Wood said. ``It has not been raining a whole lot out there.'' The average price for a megawatt-hour at the California- Oregon border in September was $24.91, down from $313.70 in April. A megawatt-hour is enough electricity to power about 750 average California homes for an hour. On the agenda for this month's conference is a proposal to link the formula to the price of natural gas, a fuel used in many generating plants. ``I'm not predisposed for or against specific changes,'' said FERC Commissioner Nora Brownell. The Oct. 29 conference will help the commission determine aspects of the price control that the parties involved agree are working and those that are not, she said. Surcharge In a related matter, the commission also may halt the 10 percent surcharge it permits generators to charge in California to cover the costs of collecting bad debt. The insolvent California utilities now have plans to pay off their debts. For power sellers in the West, the current price caps often require utilities to sell their excess power at a loss, Enron, Sierra Pacific and other marketers said in statements to the commission. They said the price they sometimes pay for power is higher than the cost of supply from the most-expensive producer in California. ``The determination of the proxy price should not be limited to California generators,'' Enron said in a government filing. It should be ``determined by the least-efficient generator in the entire West.'' Power marketers also should be allowed to recover ``justifiable costs above the proxy prices,'' Enron wrote. California officials had demanded the price controls after PG&E's Pacific Gas & Electric and Edison's Southern California Edison racked up more than $14 billion in power-buying losses. The caps were extended to other Western states -- Oregon, Washington, Arizona, Nevada, Wyoming, New Mexico, Colorado, Montana, Idaho and Utah -- in June because some said generators in the West could simply get around the cap by selling outside California when prices were higher elsewhere. The caps don't expire until Sept. 30, 2002, though they can be changed. California said before the price cap was extended to other states that it sometimes had to outbid buyers in neighboring states at prices above the caps to buy enough electricity to avoid blackouts. On July 2, Sierra Pacific cut supplies to 10,000 customers for 45 minutes when temperatures soared and three power plants were idled. It couldn't buy 50 megawatts of power in the spot market, partly because of suppliers' concerns with the federal cap, company spokesman Paul Heagan said at the time. Enron Faces Questions Over Limited Partnerships, WSJ Reports 2001-10-17 10:11 (New York) Houston, Oct. 17 (Bloomberg) -- Enron Corp. is facing questions over agreements with two limited partnerships run by its chief financial officer, Andrew Fastow, the Wall Street Journal reported. Fastow set up LJM Cayman LP and LJM2 Co-Investment LP with the approval of Enron's board. The partnerships have engaged in billions of dollars of complex hedging transactions with Enron involving company assets and Enron stock, the paper said. It isn't clear from U.S. Securities and Exchange Commission filings what Enron received in return. Enron said about $35 million of its $1.01 billion charge reported yesterday was connected with the partnerships and involves the ``early termination ... of certain structured finance arrangements,'' the paper said. Chief Executive Officer Kenneth Lay said in an earlier interview that related transactions involving top managers aren't unusual, the paper said. According to the arrangement, the general partner, made up of Fastow and at least one other Enron employee, received a management fee of as much as 2 percent annually of the total amount invested, the paper said, citing the LJM2 offering document. Fastow declined to comment, the paper said.
Dear John: So sorry for the delay. I hope it hasn't caused too much inconvenience. I would have called to apologize in person but believe it or not I don't have your phone number! Here are my comments to the draft documents you sent: Part 1 (b) In our other derivatives trading, the cross default test applies to Enron Corp. with a Threshold of US$100,000,000. To accomplish this in the schedule, Threshold Amount for the Enron party would apply to our Credit Support Provider if there is going to be an Enron Corp. guaranty and the dollar figure adjusted accordingly. Part 1 (d) Has Baker & McKenzie recommended this? We rely on local counsel advice for this provision but our preference is that the termination in a bankruptcy context not be automatic unless it needs to be. The risk in the automatic situation is that the market moves significantly before we are even aware of the situation, i.e. the outstanding transactions terminate automatically, leaving us with an open, unhedged position which we are not able to protect since we are not aware of it. In the U.S. the bankruptcy code allows us to terminate after the filing of a bankruptcy according to the terms of the agreement so we know exactly the time to rehedge. Part 1 (e) We usually choose Loss here as the method which gives the non-defaulting party the most flexibility. Market Quotation is often suggested because of its apparent objective nature. However, in many of the markets where we operate, quotations will not be available, where they are available they may well not be meaningful, and the Loss method gives flexibility (while still requiring commercial reasonableness). Part 1 (h)(ix) This Additional Event of Default only applies when there is no collateral annex. When we have the ability to ask for (or be asked for) collateral in the case of a downgrading, we build that event into the Paragraph 13 to trigger a reduction of the threshold to zero which requires the posting of collateral to cover any open position. If the party fails, it then becomes a default allowing termination. Part 1 (h)(x) Wouldn't the cross default be triggered before this could happen? Part 2 Have our internal Tax people approved this? Part 3 I am not familiar with the Representative Director concept or some of the corporate documents referred to. Since Enron Corp. will be a Credit Support Provider, does it have a Representative Director, etc.? The legal opinion requirement is one that we can waive if local counsel does not think it necessary. In many non-US jurisdictions, local counsel have advised that an opinion be obtained - in some cases derivatives transactions are so uncommon that they might be outside the ordinary course of business and therefore require special board approval; in others, derivatives would not be permissible activities for a company unless express provision is made in the corporate documents, etc. Part 5 (b) (g)&(h) These representations originate with CFTC rules in mind (although they may be helpful for other reasons as well). If neither party is in the US, the CFTC reason may go away. On the other hand, since we are choosing New York law to apply the argument might be made that US federal law applies as well. If that is our theory, there are additional representations (the Eligible Swap Participant reps) that we should think about putting back in. Part 5 (d) We are currently evaluating whether we should revise this section to make reference to the ISDA 2000 definitions. While I think we will get there, we haven't actually made the decision yet. So far I guess we leave it the way it is. Part 5 (j) My only concern here is with the value of the Enron Corp. guaranty as a form for a guaranty from a Japanese entity. Any differences in Japan from US practice we should be worried about? Paragraph 13 I have to admit I'm not as familiar with the Paragraph 13 provisions as the Schedule. My only concern here is with the MAC clause and it looks like there's a glitch in the form. It seems to me that if the counterparty is only rated by one of the 2 major agencies we shouldn't be pegged with a MAC if only one of our agencies stops rating us. The way it is drafted now if either S&P or Moody's stops rating us, even if the remaining rating is very high we will have a MAC occur. The counterparty doesn't have to worry about Moody's at all. Just a thought. On the guaranty, you will need to run the choice of law and jurisdiction changes past Clement Abrams at Corp. Legal. My only comment is that we would usually have a cap that is a bit higher (in this case maybe an extra $5,000,000) than the threshold in the CSA - that gives the counterparty a little wiggle room if we fail to post collateral after the threshold is exceeded. Tana is preparing a red-line for me that hopefully will show all of the changes between the US form and the Japan form. I may have a few more comments after I see how that comes out but don't expect many. I hope this is helpful. Please feel free to call and we can walk through these over the phone if that would be useful. We should also talk about the most efficient way to prepare these going forward. It might make sense for Credit to send their worksheets to the paralegals here for a first draft which would then go to you for review before going to the counterparty. It may slow things down by a day or two but it would free you up to work on other things. We're looking forward to having you back.
I am weighing ALL of my options -----Original Message----- From: Evans, Ted Sent: Wednesday, November 14, 2001 9:25 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 so - are you going to sign on with reliant or eprime or cinergy or who?? -----Original Message----- From: Tholt, Jane M. Sent: Wednesday, November 14, 2001 9:06 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 possibly-in my old age -----Original Message----- From: Evans, Ted Sent: Wednesday, November 14, 2001 7:42 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 a little fiesty this morning?? -----Original Message----- From: Tholt, Jane M. Sent: Wednesday, November 14, 2001 7:38 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 It was really good. Next wek you can watch Jennfer Lopez-I bet you can watch her bits and pieces. -----Original Message----- From: Evans, Ted Sent: Wednesday, November 14, 2001 7:32 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 bits and pieces - you? -----Original Message----- From: Tholt, Jane M. Sent: Wednesday, November 14, 2001 7:00 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 Did you watch Michael Jackson yesterday? -----Original Message----- From: Evans, Ted Sent: Tuesday, November 13, 2001 11:41 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 um yeh - - me too, can i fit in your suitcase?? -----Original Message----- From: Tholt, Jane M. Sent: Tuesday, November 13, 2001 10:43 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 My resume is finished and the job offers are pooring in -----Original Message----- From: Evans, Ted Sent: Tuesday, November 13, 2001 10:26 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 no overlap in EES - have you written yours, or are you just going to retire... ha ha -----Original Message----- From: Tholt, Jane M. Sent: Tuesday, November 13, 2001 10:18 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 you should be working on your resume -----Original Message----- From: Evans, Ted Sent: Tuesday, November 13, 2001 9:57 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 actually forced myself to read last night - trying to get smart -----Original Message----- From: Tholt, Jane M. Sent: Tuesday, November 13, 2001 9:55 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 They have some cute guy lawyers this year-but I bet you probably watch that manly Monday night Football. -----Original Message----- From: Evans, Ted Sent: Tuesday, November 13, 2001 9:55 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 bits and pieces - never really got into Ally i assume you did.. -----Original Message----- From: Tholt, Jane M. Sent: Tuesday, November 13, 2001 9:53 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 Did you watch Ally last night? -----Original Message----- From: Evans, Ted Sent: Tuesday, November 13, 2001 9:50 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 such a tough life -----Original Message----- From: Tholt, Jane M. Sent: Tuesday, November 13, 2001 9:49 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 I saw the tv advertisement last night for Temptation Island for Thursday. I think it may conflict with Will and Grace. Could be a tough night. -----Original Message----- From: Evans, Ted Sent: Monday, November 12, 2001 4:00 PM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 it looks to be on Thursdays at 8 http://www.fox.com/temptation2/home.htm -----Original Message----- From: Tholt, Jane M. Sent: Monday, November 12, 2001 3:45 PM To: Evans, Ted Subject: RE: How good is Temptation Island 2 I was looking in the TV guide and did not see where it is on this week let me know if they changed the date and time. -----Original Message----- From: Evans, Ted Sent: Monday, November 12, 2001 11:49 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 um.....no....sorry - i guess he is why you are watching? aren't there good looking boys on the island? -----Original Message----- From: Tholt, Jane M. Sent: Monday, November 12, 2001 11:20 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 Have you seen Ben on Felicity? -----Original Message----- From: Evans, Ted Sent: Monday, November 12, 2001 11:01 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 i don't understand how you put Felicity on the same level at TI2... -----Original Message----- From: Tholt, Jane M. Sent: Monday, November 12, 2001 10:45 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 I am a desperate person for entertainment-what can I say. -----Original Message----- From: Evans, Ted Sent: Monday, November 12, 2001 10:35 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 that is horrible - i am embarrassed for you... -----Original Message----- From: Tholt, Jane M. Sent: Monday, November 12, 2001 10:31 AM To: Evans, Ted Subject: RE: How good is Temptation Island 2 it's on the sasme night as Felicity -----Original Message----- From: Evans, Ted Sent: Monday, November 12, 2001 10:30 AM To: Tholt, Jane M. Subject: RE: How good is Temptation Island 2 that's no fun -----Original Message----- From: Tholt, Jane M. Sent: Monday, November 12, 2001 10:27 AM To: Evans, Ted Subject: FW: How good is Temptation Island 2 -----Original Message----- From: Evans, Ted Sent: Friday, November 09, 2001 7:46 AM To: Tholt, Jane M. Subject: How good is Temptation Island 2 I'm not sure I'm going to watch it. None of the people really interest me
to unsubscribe from this list, see info at the end.... Sender: owner-huntingtonbeach@energy.ca.gov Precedence: bulk Reply-To: huntingtonbeach@energy.ca.gov We apologize for the lateness in sending out this notice....Bob Aldrich -------------------------------------------------------- California Energy Commission Special Business Meeting Agenda -------------------------------------------------------- Please note that audio from this and future Business Meetings are broadcast over the Internet using Real Audio technology. Thursday, May 10, 2001 1516 Ninth Street Hearing Room A, First Floor Sacramento, California Starting at 10 a.m. (Wheelchair Accessible) THE COMMISSION WILL CONSIDER THE FOLLOWING ITEMS: 1. HANFORD ENERGY PARK PEAKER POWER PLANT PROJECT. Consideration and possible adoption of the Committee?s Proposed Decision recommending certification for the Hanford Energy Park Peaker Project (Docket No. 01-EP-7), a 95 megawatt power plant proposed to be located in Hanford. The Hanford Energy Park Peaker applied for certification under the Energy Commission?s emergency siting program and the Governor?s Executive Orders D-26-01 and D-28-01. Contact: Tom Glaviano, 651-8893. (30 minutes) 2. CHANGE OF OWNERSHIP. Possible approval of a change of ownership for the Sunrise Power Project (98-AFC-4C) from Mission Del Sol LLC, a wholly owned affiliate of Edison Mission Energy (100%) to the Sunrise Power Company LLC, consisting of Mission Del Sol LLC (50%) and Texaco Power and Gasification Holdings Inc. (50%). Contact: Nancy Tronaas, 654-3864. (15 minutes) 3. MOJAVE DESERT AIR QUALITY MANAGEMENT DISTRICT (MDAQMD). Possible approval of an air quality amendment for the SEGS 8 (Docket No. 88-AFC-1) and SEGS 9 (Docket No. 89-AFC-1) projects. This amendment will conform the Commission's conditions to the MDAQMD conditions as part of the overall settlement of the Luz bankruptcy proceeding. Also, consideration and possible approval of a settlement agreement in the Luz Development and Finance Corporation bankruptcy, Case No. LA 91-99997-AA. Contact: Jeff Ogata, 654-3963. (15 minutes) (THIS IS A CARRY-OVER FROM THE MAY 2, 2001 BUSINESS MEETING) 4. HUNTINGTON BEACH GENERATING STATION RETOOL PROJECT (00-AFC-13). Consideration and possible adoption of the Presiding Member?s Proposed Decision in the 450 megawatt natural gas-fired Huntington Beach Application for Certification. Contact: Garret Shean, 653-6421. (15 minutes) (THIS IS A CARRY-OVER FROM THE APRIL 25, 2001 BUSINESS MEETING) 5. Energy Commission Committee and Oversight A discussion on Energy Commission Committee and Oversight matters may be held. 6. Chief Counsel's Report The Energy Commission may adjourn to closed session with its legal counsel to determine whether facts and circumstances exist that warrant the initiation of litigation [Government Code section 11126(e)(3)] or whether facts and circumstances exist that constitute a significant exposure to litigation against the Energy Commission [Government Code section 11126(e)(2)]. 7. Executive Director's Report Closed session may be held on personnel matters. [Authority: Government Code, Section 11126(a).] 8. Public Adviser's Report 9. Public Comment People may speak up to five minutes on any matter concerning the Energy Commission. The Energy Commission may recess the meeting and continue it later for purposes of a general discussion of Energy Commission internal organization and policy. No action will b e taken at such a continued session. The Energy Commission will announce whether it plans to continue the meeting in this manner and the time and location at the end of one of the Public Comment item. If you require special accommodations, contact Robert Sifuentes at (916) 654-5004, five days prior to the meeting. News media inquiries should be directed to: Claudia Chandler, Assistant Executive Director -- (916) 654-4989 Questions about participation in the Business Meeting should be directed to: Roberta Mendonca, Public Adviser -- (916) 654-4489 or (800) 822-6228 To reduce paper and mailing costs, the Energy Commission offers an automated e-mail system to alert you about Business Meeting agendas on the Internet. To subscribe or unsubscribe via e-mail, please go to our site: www.energy.ca.gov/html/listservers.html. Those subscribing to the e-mail may wish to discontinue receiving agendas by U.S. Mail. To remove your name from the regular mailing list, send the mailing label on the envelope to: California Energy Commission, 1516 9th Street, MS 38, Sacramento, CA, 95814 and ask that your name be deleted, or e-mail bmccann@energy.state.ca.us and request that your name be removed from List 15. Please include the number that is located on the upper left corner of the mailing label. Energy Commission Web Site -- www.energy.ca.gov -------------------------------------------------------- -- * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * Bob Aldrich Web Development Team California Energy Commission 916-654-4989 To unsubscribe from this list, please go to: http://www.energy.ca.gov/listservers/ Or simply send an e-mail to majordomo@energy.ca.gov and in the body of the e-mail, type in unsubscribe (name of this list) * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *
EMAZING Home[IMAGE]Edit Your ProfilePrivacy Advice and Living - Brain Candy - Business and Money - Comics - Daybreakers - Entertainment Espaol - Games - Good Thoughts - Grapevine - Greetings - Health - Hobbies - Horoscopes Household Hints - Kitchen - Music - Sports - Style - Technology - Travel - Wireless [IMAGE] JobsOnline is giving away $10,000 instant cash! JobsOnline is one of the Internet's leading sites for employment information and career resources. Search their extensive database of over 200,000 job postings to make your next career move. And use the site,s valuable career resources to assist you in your job search ) or to succeed in your current position. Click here for more details. Positive Living Tip of the Day Monday December 4, 2000 How To Control Anger Want to start living positively instead of angrily? If so, get to the source to your anger. For some, the roots of your anger may be hidden deep in your childhood. Your anger may come from being exposed to lessons from a caregiver who was abusive ("You hurt the ones you love"). People who have lots of anger from childhood may find themselves unable to control their anger, or feel the need to appear "tough." Sometimes they seek out victims so that they can play the role of the abuser in an unconscious attempt to understand why the earlier abuse occurred. Anger CAN be controlled. Get control of your anger by learning where it first started. Then deal with your anger in a constructive way. Talk to loved ones--or a professional--to understand why you feel the way you do and how to get on the road to a happier, healthier life. - CG, Licensed Clinical Professional Counselor Email this tip to a friend - Browse the Archives Have a question for the writer of this tip? Please send it to us by clicking on the feedback button! This tip is in no way a substitute for professional advice. If you are dealing with a serious issue, please consult your physician or other health professional. [IMAGE] The holidays are here! So get your warm wishes and season's greetings out to all with EMAZING's eGreetings! They're fun, FREE, and cover all those merry, bright, and seasonal occasions. Holiday gift shopping made easy... It's Flooz! The online gift currency you send by email! Want Coupons, FREESTUFF, & More? Click Into CoolSavings CoolSavings is the place to save BIG on all your favorite things from all your favorite stores and online retailers this Holiday season. Don't spend Christmas without the Grinch... Save up to 40% at Amazon's Dr. Seuss Shop! [IMAGE] [IMAGE] Tip Gift POSITIVE LIVING BOOK OF THE DAY Thomas Barksdale: It's All About You Tip Gift MOVIE OF THE DAY Left Behind Book BOOK OF THE DAY Olaf Olafsson: The Journey Home CD CD OF THE DAY Enya: A Day Without Rain Gift GIFT OF THE DAY Nintendo: Hey You, Pikachu! DVD MOVIE OF THE DAY (DVD) George Clooney: The Perfect Storm VHS MOVIE OF THE DAY (VHS) Fantasia 2000 Quote QUOTE OF THE DAY Never discourage anyone who continually makes progress, no matter how slow. - Plato [IMAGE] [IMAGE] Does "email program" mean "geek Greek" to you? Don't let email confuse you! Get FREE Outlook 2000 tips from EMAZING. Soon you'll be setting up folders, sending tricky attachments, customizing your views, and scheduling appointments. It's as easy as 1-2-3 with these tips! Click here for more details. [IMAGE] ? Advertise - Company Info - Feedback - Help - Jobs - Privacy Policy - Terms & Conditions Archives - Edit Your Profile -?Unsubscribe EMAZING.com is a service of EMAZING, INC. Copyright 2000. All Rights Reserved. EMAZING.com - Whatever you're into, we email it to you. FREE! [IMAGE]
-----Original Message----- From: "Michael D. Contant" <mcontant@cypressasset.com>@ENRON [mailto:IMCEANOTES-+22Michael+20D+2E+20Contant+22+20+3Cmcontant+40cypressasset+2Ecom+3E+40ENRON@ENRON.com] Sent: Tuesday, May 29, 2001 9:14 AM To: Cuilla, Martin Subject: If you haven't gotten already...start at bottom and read up Only the best and brightest at Merrill Lynch (and Princeton). M Content-Transfer-Encoding: 7bit From: "Naples, Joseph J." <JNaples@brobeck.com> To: "'carlos'" <csoltero@mcginnislaw.com>, "'drew'" <ADinovo@velaw.com>, "'contant'" <mcontant@cypressasset.com>, "'clay'" <cplatt@graycary.com>, "'dimitri'" <dkarhu@houston.rr.com>, "'george'" <GONZGY@bracepatt.com>, "'glatter'" <jglatter@whhf.com>, "'joe'" <joe_graham@kirkland.com>, "'murr'" <gmurr@fulbright.com>, "'vic'" <vhardy@orrick.com>, "'ray'" <Ray.Kerlick@roystonlaw.com> Subject: FW: Peter Chung; a must read!!!! (fwd) Date: Thu, 24 May 2001 18:26:56 -0500 Message-ID: <0348990D72BFD111A37900805FA79E5A05035222@generic.brobeck.com> MIME-Version: 1.0 Content-Type: text/plain; charset="iso-8859-1" X-Priority: 3 (Normal) X-MSMail-Priority: Normal X-Mailer: Internet Mail Service (5.5.2654.52) Importance: Normal X-SLUIDL: 3C465965-938A4154-90CCD37B-806912C9 X-Server-Uuid: b0fe6c76-9e59-11d1-b373-00805fa7c2de X-WSS-ID: 1713474923332-01-06 X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2314.1300 start from the bottom and then check out the article: http://www.washingtonpost.com/wp-dyn/articles/A58037-2001May21.html -----Original Message----- From: Shapiro, Jonathan Sent: Thursday, May 24, 2001 4:06 PM Subject: FW: Peter Chung; a must read!!!! (fwd) Almost as good as the infamous oracle email . . . start from the bottom. -----Original Message----- From: Andrew Tenenbaum [mailto:andy@mbst.com] Sent: Thursday, May 24, 2001 2:41 PM To: John Melideo (E-mail); Warren Lazarow (E-mail); Jonathan G. Shapiro (E-mail); Mark Lieberman (E-mail); Steve Leckar (E-mail); Steven Rubenstein (E-mail); Andrew Mohr (E-mail); Mark M Gold (E-mail) Subject: FW: Peter Chung; a must read!!!! (fwd) -----Original Message----- From: Motz, Sylvie [mailto:Sylvie.Motz@delta.com] Sent: Thursday, May 24, 2001 10:52 AM To: 'planetchang@yahoo.com'; 'dkim@winston.com'; 'Eun Hee Pai'; 'tfanning@akingump.com'; 'Kahng, David B.'; 'Byoun2@aol.com'; 'Veronica.Ng@lw.com' Subject: FW: Peter Chung; a must read!!!! (fwd) The story was in the NY Times yesterday as well. >i'm thinkin that you guys have probably already seen this, but in case you >haven't...start from the bottom and read up. then check out http://www.washingtonpost.com/wp-dyn/articles/A58037-2001May21.html >it's pretty amusing. >---------- Forwarded message ---------- >Date: Wed, 23 May 2001 14:06:53 -0400 (EDT) >From: Carilyn Sparks <csparks@nyc.rr.com> >To: Amy Ford <Amy_Ford@firstar.com>, Barry Bryant ><barry.bryant@verizon.net>, > elizabeth_salkoff@hotmail.com, hc413@columbia.edu, > Blake Cole <blake_cole@email.com>, Vanessa <vweiss@ibcusa.com>, > Chris Gannett <chris.gannett@notara.com>, > Hansen Heather <hhansen@jcrew.com>, Cathy Lao ><catjjy@mindspring.com>, > choir@umdnj.edu, Karen Young <karenyoung19@hotmail.com> >Subject: Peter Chung; a must read!!!! > >here ya go. start at the very bottom > >To: Johannes Juette/PA/EU/ShS@ShSDOMAIN >cc: > >Subject: Fwd: FW: Peter Chung; a must read!!!! > >This thing speaks for itself! >---------------------- Forwarded by Scott A Graziano/NY/NA/ShS on >05/21/2001 11:51 AM --------------------------- > > >Nabanita Chaterjee >05/18/2001 06:23 PM > > >To: Scott A Baggett/NY/NA/ShS@ShSDOMAIN, Scott A >Graziano/NY/NA/ShS@ShSDOMAIN >cc: > >Subject: Fwd: FW: Peter Chung; a must read!!!! > > >---------------------- Forwarded by Nabanita Chaterjee/NY/NA/ShS on >05/18/2001 06:22 PM --------------------------- > > >Janey J Ahn >05/18/2001 06:00 PM > > >To: aconsuegra@omm.com, dalzine@yahoo.com, ahmad_hina@yahoo.com, >adorment@alumni.princeton.edu, hendersona1@home.com, >ahusza@hotmail.com, nlin@hsph.harvard.edu, dmainen@hotmail.com, >TurSiO@Cahill.com, s_j_rhee@hotmail.com, Jyotirmoy >Banerjee/NY/NA/ShS@ShSDOMAIN, Nabanita Chaterjee/NY/NA/ShS@ShSDOMAIN, >Kyoungwon Choi/NY/NA/ShS@ShSDOMAIN >cc: > >Subject: Fwd: FW: Peter Chung; a must read!!!! > >Read this from the BOTTOM UP when you have time. And no, I didn't know >this guy at Princeton, thank god. > > >---------------------- Forwarded by Janey J Ahn/NY/NA/ShS on 05/18/2001 >05:56 PM --------------------------- > > >"Yeun-Joo Lee" <YJLEE@debevoise.com> on 05/18/2001 05:20:05 PM > > >To: shb77@columbia.edu, "Chandra J. Mitchell" <cjmitchell@debevoise.com>, >"Hilary Sokolowski" <hsokolowski@debevoise.com>, "Young Lee" ><ylee@debevoise.com>, kyung77@hotmail.com, meechymorris@hotmail.com, >seung-jin.lee@ing-barings.com, chan.nguyen@lw.com, >sam.rhee@morganstanley.com, dan@rockstargames.com, >rowanh@screamingmedia.com, jahn@shearman.com, leekj@umich.edu >cc: > >Subject: Fwd: FW: Peter Chung; a must read!!!! > > >What a prat. As suggested, read from the bottom up as the forwarding >comments are funny too. > >Janey: you didn't by any chance know this guy at Princeton, did you? >Content-Transfer-Encoding: 7bit >Content-Type: multipart/mixed; boundary="=_4E147D89.1978316E" > > >--=_4E147D89.1978316E >Content-Transfer-Encoding: quoted-printable >Content-Type: text/plain; charset="us-ascii" >Content-Disposition: inline > >Folks, > >This one is doing the rounds in New York and without a >doubt deserves instant classic status. Read, from the >bottom up, the exploits of one hapless Peter Chung and >the the very entertaining forwarding comments...AP > > > >-----Original Message----- >From: Philip Utsch [mailto:putsch@us.ca-indosuez.com] >Sent: Friday, May 18, 2001 12:57 PM >To: Andrew Parmet >Subject: Peter Chung > > >FYI > >-----Original Message----- >From: Ong, Maureen [mailto:Maureen@cavallocapital.com] >Sent: Friday, May 18, 2001 3:12 PM >To: Julia Kim (E-mail); Philip Utsch (E-mail); Richard Carty (E-mail); >SCOTT CRAWFORD, CREDIT AGRICOLE INDO (E-mail); Stewart Palmer (E-mail) >Subject: FW: [Fwd: [Fwd: FW: The King]] > > > > >-----Original Message----- >From: Tom Waugh [mailto:twaugh@hbk.com] >Sent: Friday, May 18, 2001 11:51 AM >To: Tadd Chessen (E-mail); Taylor McGowan (E-mail); Michael Fein >(E-mail); 'esargemcg@aol.com'; 'nam.nguyen@csfb.com'; >'mpmillion@aol.com'; Sagi, Mor; Eric Cohen (E-mail) >Subject: FW: [Fwd: [Fwd: FW: The King]] > > >The guy who sits next to me just spoke to someone from their Dallas office >and it is confirmed that he was just fired.=09 > >-----Original Message----- >From: Tim Ryan=20 >Sent: Friday, May 18, 2001 10:41 AM >To: Jeff Estes; Jesse Hibbard; Jay Conklin; Les Kreis; Matt Luth; Tom >Waugh; Rhett Warren; Ken Holthouser; Ben Weinstein; Bill Lockhart; Brian >Rose >Subject: FW: [Fwd: [Fwd: FW: The King]] > > >if you have the time, I suggest reading from the bottom up. > >-----Original Message----- >From: W. Matthew Waddell [mailto:Matt.Waddell@morganstanley.com]=20 >Sent: Friday, May 18, 2001 10:24 AM >To: Tim Ryan >Subject: [Fwd: [Fwd: FW: The King]] > > > > >-------- Original Message -------- >Subject: [Fwd: FW: The King] >Date: Fri, 18 May 2001 11:18:35 -0400 >To: Robert Jordan IV <Bob.Jordan@morganstanley.com>,"W. Matthew Waddell" ><Matt.Waddell@morganstanley.com> > > >Check this out... hilarous... email at the bottom. Apparently this >thing has gotten around to everyone at ML now, and prob everybody on >Wall St by the end of today! > > > >-----Original Message----- >From: Langer, Jonathan [mailto:jonathan.langer@gs.com] >Sent: Friday, May 18, 2001 10:04 AM >To: 'Robert Langer' >Subject: FW: The King > > >This guy got fired last night. > >Jonathan Langer >Goldman, Sachs & Co. >85 Broad Street >New York, NY 10004 >(212) 902-4968 >(212) 357-5505 (fax) > > >-----Original Message----- >From: Sweeney, Patrick=20 >Sent: Thursday, May 17, 2001 5:47 PM >To: Khayatt, Shaker; Robinson, Robbie; Vermette, Peter; Weidman, Peter; >Bernstein, Ron; Greenhill, Joshua; Brooks, Adam; Langer, Jonathan; >Lapidus, Roy >Subject: FW: The King > > >Classic, actually knew this kid pretty well in school. the email does >him >complete justice.=20 > >-----Original Message----- >From: Zilkha, Nat=20 >Sent: Thursday, May 17, 2001 5:12 PM >To: Bowles, Bill; 'c.halpin@provequity.com'; Cannon, Colbert; Sweeney, >Patrick; Donner, Michael; Phillips, David; Bell, Scott (IBD, 85B/10); >'greg behrman'; Iorio, Stephen >Subject: The King > > >Start from the bottom. This is pure genius. > >-----Original Message----- >From: Snyder, Andy=20 >Sent: Thursday, May 17, 2001 2:16 PM >To: Zilkha, Nat; Wolff, Andrew >Subject: FW: what a jackass!! > > > > >-----Original Message----- >From: samuel.greene@drkw.com [mailto:samuel.greene@drkw.com] >Sent: Thursday, May 17, 2001 2:06 PM >To: jason.horowitz@fxminc.com; salter_james@jpmorgan.com; >akamenstein@yahoo.com; neilv@alloy.com; davisont@ms.com; >andy.snyder@gs.com; sshulm@hotmail.com; eric.lemer@csfb.com; >michaelseeve@email.msn.com; mmaslansky@marketresearch.com >Subject: what a jackass!! > > > > >the email is a the bottom, the forwarding messages are funny as well > > >---------------------- Forwarded by samuel greene/WASSERSTEIN PERELLA & >Co >on >05/17/2001 02:07 PM --------------------------- > > >Stuart Erickson >05/17/2001 01:56 PM > >To: Samuel Greene/WASSERSTEIN PERELLA & Co@WASSERELLA >cc: >Subject: FW: Kind of a "pimpin' aint easy" version of the Uberconsumer >fro >m >several years back... > > > >Stuart Erickson >Dresdner Kleinwort Wasserstein >1301 Avenue of the Americas >New York, NY 10019 >Phone: (212) 969-2713 >Fax: (212) 969-2737 >---------------------- Forwarded by Stuart Erickson/WASSERSTEIN PERELLA >& Co >on >05/17/2001 01:59 PM --------------------------- > > >Egon Durban <egon@slpartners.com> on 05/17/2001 01:48:32 PM > >To: Edings.Thibault@morganstanley.com, ESippel@tvglp.com, >jprogan@bechtel.com, >rich@sperrymitchell.com, Egon Durban <egon@slpartners.com>, >Griff@griffonline.com, Stuart Erickson/WASSERSTEIN PERELLA & >Co@WASSERELLA, Richard.Choi@lazard.com, >furio.savone.2001@anderson.ucla.edu, Picache@nyc.apollolp.com, >justin.fink@gs.com, bart.kresse@citicorp.com, >Patrick.Mcnally@fnc.fujitsu.com, dvenis@emaersk.com, "'Welch, >David J >(Equities)'" <david.welch@gs.com>, 'James Tsevoukas' ><james@absventures.com>, akresse@hotmail.com, Daniel Kamensky ><dkamensky@hotmail.com>, daniel_marlo@hotmail.com, >picache@goamerica.net >cc: >Subject: FW: Kind of a "pimpin' aint easy" version of the Uberconsumer >fro >m >several years back... > > > >Sippel -- have you met this clown? > > >-----Original Message----- >From: Mike Bingle >Sent: Thursday, May 17, 2001 1:51 PM >To: Egon Durban; Greg Mondre; Marc Bodnick; Karl Schade; John Wright; >Gaurav Grover; Ken Hao >Subject: Kind of a "pimpin' aint easy" version of the Uberconsumer from >several years back... > > > > >-----Original Message----- >From: McNulty, Derek (IBK-NY) [mailto:DMcNulty@exchange.ML.com] >Sent: Thursday, May 17, 2001 1:00 PM >To: 'paul.brown@csfb.com'; 'dz@msdcapital.com'; >'ckennedy@bofasecurities.com'; 'mike@slpartners.com'; >'Heather.stack@gs.com' >Subject: FW: FW: king > > >I don't know if you guys have seen this yet. Former ML analyst -- we >only >get the best and brightest over here... > > > -----Original Message----- > > From: DeMuth, Douglas (IBK-NY) > > Sent: Thursday, May 17, 2001 12:52 PM > > To: McNulty, Derek (IBK-NY) > > Subject: FW: FW: king > > > > > > > > -----Original Message----- > > From: Hyun, Mokyou (IBK-NY) > > Sent: Thursday, May 17, 2001 9:06 AM > > To: DeMuth, Douglas (IBK-NY) > > Subject: FW: FW: king > > > > > > > > -----Original Message----- > > From: Mokyoung Hyun [SMTP:mokyoung_hyun@hotmail.com] > > Sent: Thursday, May 17, 2001 12:33 AM > > To: mhyun2@exchange.ml.com > > Subject: Fwd: FW: king > > > > YOU HAVE GOT TO READ THE FOLLOWING!!! PETER CHUNG"S IDIOTIC EMAIL TO = >HIS > > FRIENDS HAVE MADE THE ROUNDS TO EVERYONE IN NEW YORK!!! HE IS THE >LAUGHING > > STOCK OF THE WORLD. TELL HIM TO CONTROL HIS yoo-chee-han SELF!!!!! = >ISN'T > > > this HILARIOUS?? > > > > > > > > >From: "Ha, Olivia" <Olivia.Ha@gs.com> > > >To: "'TITI'" <ohkee@ms.com>, "'Mokyoung!'" ><mokyounh@wharton.upenn.edu>, >= > > > > > "'stevy'" <syang@cravath.com>, "'Sunyoung'" ><volvi-s40@hanmail.net> >= >, > > > > "'hanna'" <leehanna76@hotmail.com>, "'MEL'" <leeme@umdnj.edu>, > > > >"'bri-guy'" <bk@ogk.com>, "'Jarje'" <Mchoo@marakon.com>, > > >"'PokeDoody'" <gene.song@aexp.com>, "'Stef'" <stlee@mba2001.hbs.edu>, > > > > "'Pepe'" <philip.ha@lehman.com> > > >Subject: FW: king > > >Date: Wed, 16 May 2001 17:00:11 -0400 > > > > > > > > > > > >-----Original Message----- > > >From: Roh, Thomas L [mailto:troh@lehman.com] > > >Sent: Wednesday, May 16, 2001 4:43 PM > > >To: 'albert.park@gs.com'; 'jseo@broadview.com'; 'haidee.lee@ubsw.com'; > > >'jaeyoonchang@hotmail.com'; 'olivia.ha@gs.com'; 'tkim@broadview.com'; > > >Im, James; 'David Kim'; 'flee@cornerstone.com'; > > >'stephen.choi@lazard.com'; 'jung.kim@us.pwcglobal.com'; > > >'ashin@icgcommerce.com' > > >Subject: king > > > > > > > > >read the attached email from some kid in korea. hilarious. > > > > > >Thomas Roh > > >LEHMAN BROTHERS > > >Asset Backed Finance > > >3 World Financial Center- 12th Floor > > >Phone: 212-526-5150 > > >Fax: 212-526-7415 > > > > > > > > > > > > > > > > chekc this out. what a tool box > > > > > > > > > > -----Original Message----- > > > > > From: Chen, Eric > > > > > Sent: Wednesday, May 16, 2001 3:26 PM > > > > > To: Lim, David > > > > > Subject: FW: > > > > > > > > > > this is unbelievable... > > > > > > > > > > Eric K. Chen > > > > > JPMorgan Partners > > > > > 1221 Avenue of the Americas > > > > > 39th Floor > > > > > (212) 899-3467 (tel) > > > > > (212) 899-3595 (fax) > > > > > eric.chen@jpmorganpartners.com ><mailto:eric.chen@jpmorganpartners.com> > > > > > > > > > > -----Original Message----- > > > > > From: Cavanna, Andrew > > > > > Sent: Wednesday, May 16, 2001 2:54 PM > > > > > To: Shapowal, Andriy; Hang, David; McKinnon, Laura; Chen, Eric > > > > > Subject: > > > > > > > > > > A guy who worked in my group at Merrill. Princeton Alumnus. He > > >reminds > > > > me > > > > > of Laura's friends. > > > > > > > > > > > > > > > -----Original Message----- > > > > > From: Peter Levine [mailto:plevine@regionalhealthgroup.com] > > > > > Sent: Wednesday, May 16, 2001 2:35 PM > > > > > To: Andrew Cavanna; David Zorub; Eric Reiter > > > > > Subject: > > > > > > > > > > This guy ranks among the all time classics. Great attachment, you > > >have > > > > to > > > > > read it. > > > > > Eric, he reminds me of the putz advertising his "monster Porsche" >= >at > > > > Penn. > > > > > > > > > > -----Original Message----- > > > > > From: Sevrens, Christopher (CICG NY - HYT) > > > > > [mailto:CSevrens@exchange.ml.com] > > > > > Sent: Wednesday, May 16, 2001 2:26 PM > > > > > To: 'Levine, Peter' > > > > > Subject: FW: LIVING LIKE A KING > > > > > > > > > > did you know him? > > > > > > > > > > -----Original Message----- > > > > > From: Maultsby, Lex (IBK-NY) > > > > > Sent: Wednesday, May 16, 2001 2:19 PM > > > > > To: Sevrens, Christopher (CICG NY - HYT) > > > > > Subject: FW: LIVING LIKE A KING > > > > > > > > > > I never met this guy ... I don't think he ever worked here. > > > > > > > > > > -----Original Message-----> > > > > > From: Ooten, Chris (IBK-NY) > > > > > Sent: Wednesday, May 16, 2001 1:40 PM > > > > > To: Maultsby, Lex (IBK-NY); Bernick, Todd (IBK-NY); > > > > > 'djv@brookwoodassociates.com'; Tuvlin, David (IBK-NY) > > > > > Subject: FW: LIVING LIKE A KING > > > > > > > > > > you've got to read this... > > > > > > > > > > -----Original Message----- > > > > > From: Gordon, Eric (IBK-NY) > > > > > Sent: Wednesday, May 16, 2001 10:06 AM > > > > > To: Kiang, Gary (IBK-NY); Ooten, Chris (IBK-NY) > > > > > Subject: FW: LIVING LIKE A KING > > > > > > > > > > Enjoy (does this count as Drone's Ball material?) > > > > > > > > > > > > > > > Eric Gordon > > > > > Investment Banking - Global Leveraged Finance > > > > > Merrill Lynch & Co. > > > > > Phone: (212) 449-1838 > > > > > Fax: (212) 738-2279 > > > > > email: Eric_Gordon@ml.com > > > > > > > > > > -----Original Message----- > > > > > From: Shapiro, Stephen (IBK-NY) > > > > > Sent: Wednesday, May 16, 2001 9:23 AM > > > > > To: Silverman, Douglas (IBK-NY); Gordon, Eric (IBK-NY); > > > > > 'ward.welke@csfb.com'; 'david.schonbraun@csfb.com' > > > > > Subject: FW: LIVING LIKE A KING > > > > > > > > > > Someone take care of this Fed Ex request ASAP. > > > > > > > > > > Unbelievable. > > > > > > > > > > Stephen Shapiro > > > > > Investment Banking - Financial Institutions Group > > > > > Merrill Lynch & Co. > > > > > Phone: (212) 449-7396 > > > > > email: Stephen_Shapiro@ml.com > > > > > > > > > > > > > > > -----Original Message----- > > > > > From: parker stanberry [SMTP:pstanberry@onebox.com] > > > > > Sent: Wednesday, May 16, 2001 1:12 AM > > > > > To: michael.goller@jpmorganpartners.com; > > > > > jason.eisenberg@jpmorganpartners.com; sshapiro2@exchange.ml.com > > > > > Subject: Fwd: LIVING LIKE A KING > > > > > > > > > > lock, stock, and one blazing moron...we used to work with this guy >at > > > > > Merrill and he just went to Korea... > > > > > > > > > > -- > > > > > Parker Stanberry > > > > > 105 Duane St., 42E > > > > > New York, NY 10007 > > > > > phone: (917) 693-8792 > > > > > email: pstanberry@onebox.com > > > > > > > > > > > > > > > > > > > > > > > > > __________________________________________________ > > > > > FREE voicemail, email, and fax...all in one place. > > > > > Sign Up Now! http://www.onebox.com <<LIVING LIKE A KING>> > > > > <<LIVING LIKE A KING>> > > > > > > > > > > >--------------------------------------------------------------------------= >- >- > > >-- > > >This message is intended only for the personal and confidential use of >the > > >designated recipient(s) named above. If you are not the intended >recipient > > >of this message you are hereby notified that any review, dissemination, > > >distribution or copying of this message is strictly prohibited. This > > >communication is for information purposes only and should not be = >regarded > > > >as > > >an offer to sell or as a solicitation of an offer to buy any financial > > >product, an official confirmation of any transaction, or as an official > > >statement of Lehman Brothers. Email transmission cannot be guaranteed >= >to > > > >be > > >secure or error-free. Therefore, we do not represent that this >information > > >is complete or accurate and it should not be relied upon as such. All > > >information is subject to change without notice. > > > > > > > > > > _________________________________________________________________ > > Get your FREE download of MSN Explorer at http://explorer.msn.com> > ><<LIVING LIKE A KING>> > > > >Message-ID: <812F5C217425D311A83100508B07093003830E@CARLYLE01> >From: Peter Chung <pchung@thecarlylegroup.co.kr> >To: "'james_graff@rsco.com'" <james_graff@rsco.com>, >"'lgreer@ivisionary.com'" <lgreer@ivisionary.com>, >"'matt.harty@goldpocket.com'" <matt.harty@goldpocket.com>, >"'kevin_matto@rsco.com'" <kevin_matto@rsco.com>, >"'wrobertson@exchange.ml.com'" <wrobertson@exchange.ml.com>, >"'pstanberry@onebox.com'" <pstanberry@onebox.com>, >"'shiv.vasisht@ubsw.com'" <shiv.vasisht@ubsw.com>, >"'johnmin@microsoft.com'" <johnmin@microsoft.com>, >"'brandon.park@csfb.com'" <brandon.park@csfb.com>, >"'jose.park@webvision.com'" <jose.park@webvision.com>, >"'kevin.woo@avenuea.com'" <kevin.woo@avenuea.com> >Subject: LIVING LIKE A KING >Date: Tue, 15 May 2001 17:26:21 -0700 >MIME-Version: 1.0 >X-Mailer: Internet Mail Service (5.5.2653.19) >Content-Type: text/plain > > >So I've been in Korea for about a week and a half now and what can I >say, >LIFE IS GOOD.... > >I've got a spanking brand new 2000 sq. foot 3 bedroom apt. with a 200 >sq. >foot terrace running the entire length of my apartment with a view >overlooking Korea's main river and nightline......Why do I need 3 >bedrooms? >Good question,.... the main bedroom is for my queen size bed,...where >CHUNG >is going to fuck every hot chick in Korea over the next 2 years (5 down, >1,000,000,000 left to go).... the second bedroom is for my harem of >chickies, and the third bedroom is for all of you fuckers when you come >out >to visit my ass in Korea. I go out to Korea's finest clubs, bars and >lounges pretty much every other night on the weekdays and everyday on >the >weekends to (I think in about 2 months, after I learn a little bit of >the >buyside business I'll probably go out every night on the weekdays). I >know >I was a stud in NYC but I pretty much get about, on average, 5-8 phone >numbers a night and at least 3 hot chicks that say that they want to go >home with me every night I go out. I love the buyside,.... I have >bankers >calling me everyday with opportunties and they pretty much cater to my >every whim - you know (golfing events, lavish dinners, a night out >clubbing). The guys I work with are also all chilll - I live in the same >apt building as my VP and he drives me around in his Porsche (1 of 3 in >all >of Korea) to work and when we go out. What can I say,.... live is >good,... >CHUNG is KING of his domain here in Seoul..... > >So,.... all of you fuckers better keep in touch and start making plans >to >come out and visit my ass ASAP, I'll show you guys an unbelievable >time....My contact info is below.... >Oh, by the way,... someone's gotta start fedexing me boxes of domes,...I >brought out about 40 but I think I'll run out of them by Saturday..... > >Laters, >CHUNG > >Peter Chung >The Carlyle Group >Suite 1009, CCMM Bldg. >12, Yoido-dong, Youngdeungpo-ku >Seoul 150-010, Korea >Tel: (822) 2004-8412 >Fax: (822) 2004-8440 >email: pchung@thecarlylegroup.co.kr > >Mobile: 8216-478-5175 > > > > > > > > > > > > > > >---------------------------------------------------------------------- >If you have received this e-mail in error or wish to read our e-mail >disclaimer statement and monitoring policy, please refer to >http://www.drkw.com/disc/email/ or contact the sender. >---------------------------------------------------------------------- >*************************************************************************** = > >* >This email is intended for the addressee(s) only. The opinions expressed = >in >this email are those of the author, and not necessarily those of >Nicholas-Applegate=AE or its affiliates ("Nicholas-Applegate"). Nothing = >in >this email is intended to create any legally binding obligations on >Nicholas-Applegate, unless expressly stated otherwise in the email and = >later >confirmed by authorized signature(s). Nicholas-Applegate accepts no >responsibility for loss or damage from use of this email, including = >without >limitation any virus damage. >http://www.nacm.com > > >--=_4E147D89.1978316E-- > > > > > > > > > > >********************************NOTICE************************************* >This transmittal and/or attachments may be a confidential attorney-client >communication or may otherwise be privileged or confidential. If you are >not the intended recipient, you are hereby notified that you have received >this transmittal in error; any review, dissemination, distribution or >copying of this transmittal is strictly prohibited. If you have received >this transmittal and/or attachments in error, please notify us immediately >by reply or by telephone (call us collect at +1 212-848-8400) and >immediately delete this message and all its attachments. > >Thank you. > > >----------------------------------------------- >FREE! The World's Best Email Address @email.com >Reserve your name now at http://www.email.com > > > _________________________________________________________________ Get your FREE download of MSN Explorer at http://explorer.msn.com **************************************************************************** ***** This email may contain confidential and privileged material for the sole use of the intended recipient. Any review or distribution by others is strictly prohibited. If you are not the intended recipient please contact the sender and delete all copies. **************************************************************************** ******* ======================================================= This email message is for the sole use of the intended recipient(s) and may contain confidential and privileged information. Any unauthorized review, use, disclosure or distribution is prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. To reply to our email administrator directly, send an email to postmaster@brobeck.com BROBECK PHLEGER & HARRISON LLP http://www.brobeck.com
FYI Stand ready, stand firm. ---------------------- Forwarded by Elizabeth Sager/HOU/ECT on 06/01/99 03:19 PM --------------------------- From: Mark - ECT Legal Taylor on 06/01/99 12:24 PM To: Elizabeth Sager/HOU/ECT@ECT cc: Subject: FYI Western Power Market Stands 'Poised on the Precipice' According to the ICF Kaiser Consulting Group's 1999 Bulk Power Outlook FAIRFAX, Va., June 1 /PRNewswire/ -- Power markets in the Western System Coordinating Council are ``poised on the precipice'' of capacity shortfalls and extreme price volatility this summer and next, according to a new study of the regional market by the Energy Practice of the ICF Kaiser Consulting Group. ``The West stands at least a one in three chance of experiencing price spikes similar to those seen in the Midwest market during the summer of 1998,'' said Judah Rose, a Senior Vice President with the Group and the director of the ICF study. ICF's analysis of the West points to a number of key near-term implications: Regional Capacity Deficits. The region is in a delicate supply/demand balance, with most sub-regions of the West relying on a capacity surplus in the Pacific Northwest to meet near-term peak capacity requirements. Because demand growth is outpacing new supply additions, those deficits will only become more extreme over the next two years. Volatility Exacerbated by Hydroelectric Dependence. A fifth consecutive year of above-average hydroelectric generation -- the principle cause of the Pacific Northwest surplus -- will again mask the West's precarious supply/demand balance in 1999. However, if the drought conditions of the early 1990s resurface, the West will find itself at an even greater risk of price spikes. Upward Pressure on Prices. Prices are on an upward trend for 1999 and 2000, the result of both higher regional spot natural gas prices and the increasing value of ``pure capacity'' -- the value of ensuring reliability for consumers. The study also evaluates the long-term future of the Western market and highlights the following key results: Capacity Requirements Growing Steadily. The region's underlying demand growth is strong, creating a long-term regional capacity need totaling more than 18,000 MW by 2005, unless there is a serious economic downturn in the region. Energy Prices Trending Downward. The trend for long-term energy prices is for negative real growth through 2010, but the region will remain susceptible to near-term volatility while market institutions continue to evolve and new supply is slowly added over the next few years. Capacity Prices Rising Slowly. Current low capacity values will continue to rise (but still remain below many other regions) as new, more efficient generation is added. Strong Gas Demand Growth at Stable Prices. Gas demand for power generation is poised to more than double by 2010, with the most explosive growth in the Rocky Mountain and Southwest subregions. Even so, the West region's vast gas supply potential appears capable of meeting this growth with little, if any, real price appreciation through 2010. ``The Western U.S. Region volume of our Bulk Power Outlook, along with the other five regional volumes, offers comprehensive insights into the rapidly changing North American power markets,'' said Sudhakar Kesavan, President of the ICF Kaiser Consulting Group. ``No other firm can match our analytic capabilities -- which are based on an understanding of the fundamentals driving electric power markets -- and the knowledge gained from working one- on-one with the market's key players.'' About the ICF 1999 Bulk Power Outlook ICF's analysis of the Western market is part of the 1999 Bulk Power Outlook, an authoritative assessment of North American regional bulk power markets through 2010. The study also provides the analytical basis for ICF's extensive and well-respected consulting services providing market assessment, asset valuation, and project due diligence evaluations for the North American electric power and natural gas industries. The 1999 Bulk Power Outlook is available for six regional markets -- West, Northeast, Midwest, Southeast, South Central, and Canada -- well as a National Subscription, which includes the six regional studies and a North American summary volume. Additional information on the 1999 Bulk Power Outlook, including a prospectus, sample volume, and order form, can be found at http://www.icfkaiser.com/consulting/products/BPS.htm. The 1999 Bulk Power Outlook is part of the ICF Kaiser Consulting Group's growing family of products and services. Related studies on energy and environmental issues recently completed by ICF include the SO2 Allowance Market Outlook and the Ozone Transport Region: NOx Allowance Study, which detail ICF's views on air emissions allowance markets. For information about the 1999 Bulk Power Outlook and related studies, or any of ICF Consulting Group's products and services, call Aldyn Hoekstra at 415/507-7188 or Cheryl Aronson at 415/507-7151. Additional information the ICF Kaiser Consulting Group can be found on ICF's Web site at http://www.icfkaiser.com/consulting. About the Company Headquartered in Fairfax, Virginia, ICF Kaiser is one of the United States' largest engineering, construction, program management, and consulting services companies. Its more than 4,000 employees, located in 60 offices around the world, provide fully integrated capabilities to clients in four related market areas: environment, infrastructure, industry, and energy. ICF Kaiser reported gross revenue of more than $1.2 billion for the 12 months ended December 31, 1998. All references to ICF Kaiser indicate ICF Kaiser International, Inc. and any of its subsidiaries. Forward-Looking Statements and Certain Factors Affecting ICF Kaiser and Its Businesses This release contains ``forward-looking statements'' within the meaning of the Private Securities Litigation Reform Act of 1995, which are identified by the use of forward-looking terminology such as ``may,'' ``will,'' ``could,'' ``should,'' ``expect,'' ``believe,'' ``anticipate,'' ``aim,'' ``intend,'' ``plan,'' ``estimate,'' or ``continue'' or the negative thereof or other variations thereof. Such forward-looking statements are necessarily based on various assumptions and estimates and are inherently subject to various risks and uncertainties, including risks and uncertainties relating to the possible invalidity of the underlying assumptions and estimates, that may cause actual results to differ materially from those stated or implied by these forward-looking statements. These forward-looking statements also are subject to company-specific risks and uncertainties such as the company's ability to maintain existing contracts (including contracts with the federal government) at their existing or at improved levels, to accurately estimate and recover costs incurred on fixed- price contracts, to sign new contracts in established or new markets (including international markets), to conclude and implement successfully certain acquisitions and joint-venture relationships, and to avoid significant environmental fines, penalties, or liabilities. SOURCE: ICF Kaiser Consulting Group
Wednesday, March 28 is the target execution date for the ECI customer agreement and assignment (from ENA) of the Securities Loan Agreement/credit book. I am not certain if Cheryl was able to expedite delivery of the new ENE guaranty. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com Sheila Glover 03/27/2001 02:10 AM To: Tom Doukas/NA/Enron@ENRON, Sara Shackleton/HOU/ECT@ECT cc: Richard Sage/LON/ECT@ECT, Jeff Kinneman/HOU/ECT Subject: Re: BEAR Guarantee letter Tom, The day i received this I responded to Sara and cc'd richard that I was okay with transferring the Stock Loan Agreement from ENA to ECI. The ENA was executed and the ECI piece is what is in process. Sara, Any update? How far are we away from exectution? Do you need anything from anyone? Thanks. Sheila Tom Doukas@ENRON 03/26/2001 11:59 PM To: Sara Shackleton/HOU/ECT@ECT cc: David A Wall/Risk Mgmt/LON/ECT@ECT, Jeff Kinneman/Enron@EnronXGate@ECT, Richard Sage/LON/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron Subject: Re: BEAR Guarantee letter Just wanted to follow up to see if we have a time frame as to when the letter will be fully executed. Thanks, Tom From: Sara Shackleton@ECT on 03/22/2001 08:41 AM To: Tom Doukas/NA/Enron@ENRON cc: David A Wall/Risk Mgmt/LON/ECT@ECT, Jeff Kinneman/Enron@EnronXGate, Richard Sage/LON/ECT@ECT, Sheila Glover/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron Subject: Re: BEAR Guarantee letter Here's a recap for everyone. Our original negotiation with Bear (for the Securities Loan Agreement) was in the name of ENA, and, ENA had an existing account agreement with Bear. However, Bear insisted that the account agreement was "too old" and that we negotiate a new agreement. I agreed on the condition that this not hold up execution of the Securities Loan Agreement. We have one or two final points remaining on the new account agreement which we'll execute for both ENA and Enron Credit Inc.. ("ECI"). We have the authorized trader list for ECI and are waiting for Richard to designate the new officer/director slate but we are prepared for execution by the existing officers in London. The assignment instrument will be very short for transferring the ECI book from ENA to ECI. It will take only a few days to replace the existing ENE guaranty for the Securities Loan Agreement. Jeff and Sheila: Please verify that both ENA and ECI do not need the Securities Loan Agreement. I believe it is just ECI and we can transfer the existing agreement to ECI. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com Tom Doukas@ENRON 03/21/2001 12:28 PM To: Sara Shackleton/HOU/ECT@ECT cc: Jeff Kinneman/Enron@EnronXGate, Sheila Glover/HOU/ECT@ECT, Richard Sage/LON/ECT@ECT, David A Wall/Risk Mgmt/LON/ECT@ECT Subject: BEAR Guarantee letter Sara, I just spoke with Russ Miron from Bear Sterans regarding our Guaranty to Reduce funding to 20% per side. I had asked him about when they will be executing the agreement. He said that his lawyers are ready to sign but are under the impression that you have one remaining point to resolve and that this point is holding up the finalization of the agreement. Is there an issue from our side? If not we should be able to get this execution taken care of immediately? Thanks, Tom 713-853-9074
I just received a call from Donna Lowry wanting to know if you were available this Thursday morning to attend the below meeting. I told her I would have to check with you first. She thought it would be nice for Sr. Management to attend. John has agreed to attend. Would you like to attend? -----Original Message----- From: Kitchen, Louise Sent: Tuesday, November 06, 2001 8:14 AM To: Schoppe, Tammie Subject: FW: Annual Compliance Meeting Importance: High ?????????????????? -----Original Message----- From: Lowry, Donna Sent: Tuesday, November 06, 2001 8:13 AM To: Allario, John; Anderson, Michael; Ballard, Phillip; Barbour, Karen L.; Barnes, Sylvia; Bartlett, Jeff; Becton, Pam; Bellinghausen, Lynn; Beyer, Michael J; Boudreaux, Jay; Bowen Jr., Raymond; Boyle, Dan; Bruce, Robert; Bushman, Teresa G.; Buy, Rick; Byargeon, W. Tom; Carson, Rick L.; Childers, Craig; Clifford, Marlene L.; Collett, Woodrow ; Cook, Mary; Corbet, Nancy; Daniels, Eddy; Darmitzel, Paul; Davis, Angela; Derrick Jr., James; Devine, Bob; Donahue, Jeff; Edison, Andrew; Enerson, John; Engeldorf, Roseann; Eubank, Marshall; Essandoh, Edwin; Fowler, Ellen; Fox, Craig A.; Frevert, Mark; Fuja, Jim; Funk, Brenda L.; Gandy, Mark; Garland, Kevin; George, Robert H.; Giuliani, William; Gorte, David; Griffin, Sherri; Haas, Merrill W.; Hachen, James; Haedicke, Mark E.; Hammond, Pearce; Harkness, Cynthia; Harris, Molly; Heinitz, Mary J.; Helfrich, Christopher A.; Henry, Joseph; Hickerson, Gary; Hicks, Michelle; House, John; Hudler, Shirley A.; Hudson, L'Sheryl; Humphrey, Gene; Hyatt, Kevin; Jackson, Charlene; Johnson, Chuck; Johnson, Patrick; Josey, Scott; Joyce, Joseph; Kalb, Thomas; Keel, Allan; Kinneman, Jeff; Knightstep, Melissa C.; Kuykendall, Kevin; Landry, Shemeika S.; Larson, Bradford; Lauer, Richard; Lawyer, Larry; Ledlow, James; Lewis, Jim; Lowry, Donna; Lydecker Jr., Richard; Maffett, Randal; Malcolm, Rodney; Mann, Kay; Martin, Arvel; Marvin, Michele Nezi; Mcclellan, George; Mcconnell, Mike; Mccormick, George; McMahon, Jeffrey; Meier, Mark; Melendrez, Jesus; Mellencamp, Lisa; Miller, Don (Asset Mktg); Mitchell, David; Morris, Brandi; Mrha, Jean; Muench, Gayle W.; Nettelton, Marcus; Neyman, Jesse; Muller, Mark S.; Otis, Brian; Paige, Barbara; Petersen, Randy; Pizzolato, Paul; Quick, Joan; Redmond, Brian; Reed, Andrea V.; Richter, Brad; Roblee, Kyle; Rogers, Rex; Rollins, Don; Rossi, Robbi; Sager, Elizabeth; Schlemmer, Jack; Schneider, Chip; Schuler, Lance (Legal); Schultz, Cassandra; Sheldon, Steven; St. Clair, Carol; Stafford, Clayton; Stephens, Cynthia; Sullo, Sharon E; Swinford, Brian; Thompson, C. John; Tribolet, Michael; Vetters, Charles; Virgo, Robert; Wackerle, Donna; Watkins, Sherron; Young, Kay; Murray, Julia; Aronowitz, Alan; Hill, Robin; Maxwell, Matt; Omasits, Paul; Taylor, Mark E (Legal); Tweed, Sheila; Lyons, Dan; Clark, Barton; Jones, Karen E.; Rasmussen, Dale; Page, Jonalan; Thomas, Jake; Calger, Christopher F.; Korkmas, Deb; Del vecchio, Peter; Stoler, Lou; Merten, Eric; Yates, Kimberly; Vasquez, Miguel; Whalley, Greg; Mintz, Jordan; Port, David; Bradford, William S.; Curry, Wanda; Walton, Sheila; Lavorato, John; Kitchen, Louise; Knight, Krysti; Cooper, Ford; Melman, Gil Cc: Daw, Nicki; Taylor, Liz; Harris, Stephanie J ; Murray, Tanja; Schiller, Marsha; Heathman, Karen K.; Davidson, Binky; Rushing, Rebekah; Dorsey, Joyce; Elbertson, Janette; Frazier, Bert; Zoch, Judy; Phillips, Cathy; Cannon, Lydia; Metoyer, Pam; Geraldo, Emy; Gil, Mercy; Greenlee, Terri; Hennessy, Rita; Campbell, Bobbie; George, Carolyn; Simmons, Linda J.; Haldeman, Sandy; boehnke,karen; Keesler, Martha; Babb, Marcy; Saunders, Sherri R.; Parnizari, Lori; Schoppe, Tammie; Brooks, Loretta Subject: Annual Compliance Meeting Importance: High As a reminder, the mandatory Annual Compliance Meeting was rescheduled to Thursday, November 8, 2001 from 8:30 - 10:00 am at the Doubletree Hotel, LaSalle Room B. The agenda is as follows: Robert George Board Seats Richard Lauer ECT Securities LP Cassandra Schultz Risk Management Policy Bob Bruce Chinese Wall Policy Chip Schneider Transaction Approval Process Rick Carson RAC Reporting Tools Please confirm your attendance at this year's meeting either by responding to this email message or contacting Donna Wackerle at ext. 39755. If you have already RSVP'd, thank you and we will see you Thursday. If you have any questions, please contact me directly at ext. 31939. I look forward to seeing you this year. PLEASE FORWARD THIS MESSAGE TO YOUR ADMINISTRATIVE ASSISTANT TO ENSURE IT IS SCHEDULED ON YOUR CALENDAR. Donna Lowry Sr. Director RAC Compliance (713) 853-1939 (713) 646-4039 fax
http://www.consultrci.com ************************************************************************ Read SCIENTECH's free SourceBook Weekly article: "Australia: Jewel in the Crown for Some U.S. Investors" at: http://www.consultrci.com/web/rciweb.nsf/Web+Pages/SBEntrance.html ************************************************************************ =============================================================== SCIENTECH IssueAlert, October 9, 2000 Oil and Natural-Gas Shortages: Will They Create a Winter of Discontent? By: Will McNamara, Director, Electric Industry Analysis =============================================================== U.S. retail energy fuel costs, already high by historical standards, are expected to remain high this winter due to crude prices that are projected to remain at levels unseen since the Gulf War, said the Department of Energy on Friday. In addition, households that use natural gas are likely to see the largest year-on-year percentage increase in their bills as well, according to the Energy Information Administration (EIA). The agency said U.S. residents can expect heating expenditures to increase by 25 percent for heating oil and propane and 40 percent for natural gas. ANALYSIS: Despite common belief to the contrary, there is a direct correlation between the price cycles of oil and natural gas. The fact that there are legitimate concerns surrounding the availability of both power sources gives validity to the warnings of price increases this winter. When fuel prices are low and natural-gas supplies are abundant, there is arguably little connection between the two. However, the present situation as we head into winter is the exact opposite*high oil prices and a comprised supply of natural gas, leaving the two unquestionably intertwined. As energy users opt to switch from oil to natural gas, this affects natural gas supply and raises gas prices. How did we arrive at this alarming situation, which may have been justifiably labeled an "energy crisis"? Regarding oil, in 1998 the worldwide oil industry witnessed a decline in oil prices*spawned in part by the economic problems in Asia*which hit a low of less than $10 a barrel in March 1998. Oil producers voluntarily initiated decreased production, which unsurprisingly started a swift climb in prices in 1999, as demand started to increase in a rejuvenated Asia and the United States. Together, this has created a volatile mix of substantially higher crude oil prices, lower inventories and increased demand. Even though OPEC has made promises of up to 1.1 million additional barrels of crude oil per day*a result of political pressure put on it by the United States and other countries*it may not be able to force its members to increase production, as obviously it's in the best interest of oil producers to keep supplies tight and prices high. In addition, even if they materialize, these increases promised by OPEC may not be enough to meet growing demand. This is alarming as the United States is very reliant on foreign oil, which already accounts for about half of U.S. oil use. The high price of oil has sent many customers looking for natural gas, only to find that it is also in questionable supply. Most reports suggest that natural gas heats about 55 percent of all U.S. homes. The imbalance between supply and demand found in the oil industry is also found in natural gas, resulting in a projected 20 to 40 percent increase in heating bills this winter. Over the last month, prices for natural-gas futures have climbed to record levels of more than $5 per million Btus. Yet, unlike oil, most of the blame placed on low supply for natural gas focuses on the United States rather than other countries. A reported 60 percent of federal lands have been placed off limits to natural-gas drillers, leaving as many as 200 million acres (out of a total of 1.5 billion) available but restricted for natural-gas expansion. The Clinton administration and environmental groups have been fiercely protective of federal reserve lands and prohibited drilling for natural gas (or oil) in states like Alaska, where some 36 trillion cubic feet of gas is known to be locked underground. At the same time, EPA standards have become so pro-natural gas over the last decade that few coal-fired plants have been built in the last 10-20 years, placing an increasingly high dependence on natural gas, even though alternative fuels are not necessarily available to serve as a substitute. Given the connection between oil and natural gas, any successful attempt to lower oil prices would in turn help to lower natural-gas prices. The ability to rely more heavily on oil once again would decrease the need for fuel switching, thus reducing the present burden on natural gas. Toward this end, in late September President Clinton authorized the release of 30 million barrels of crude oil from the U.S. Strategic Petroleum Reserve (SPR), the nation's emergency oil stockpile. The president's action caused additional alarm in some groups who said that the need to tap into emergency supplies so early in the season signaled real trouble with oil supplies. Others said the 30 million barrels would do little to ease the problem, and that it would take between 2 and 3 million barrels a day for one month to reduce current crude oil prices. So what is the solution? As noted, the issue has become politically polarized. Within their campaign proposals, Gov. Bush proposes spending $7.1 billion to open up U.S. energy resources and reduce dependence on foreign sources. Specifically, Bush has proposed, among other things, opening 8 percent of the Arctic National Wildlife Range, which probably contains about 10 billion barrels of oil. Vice President Gore opposes drilling in federal land, and instead aims to protect the U.S. environment, increase reliance on low-pollution fuels and focus on energy-efficiency / lower consumption programs. Articulating the Democratic position on this issue, Senator Joe Lieberman made the following comments last week in the vice presidential debate: "There are more resources within the United States. If we can get three miles more per gallon from our cars, we'll get a million*we'll save a million barrels of oil a day, which is exactly what the refuge, at its best, in Alaska, would produce(We've got to develop fuel cells, alternative energy. We've got to encourage people to conserve..." But what is the answer now, as winter fast approaches? Unfortunately, natural gas has no emergency fund like the SPR which it can tap into. The degree to which the oil/gas supply issue will have a dramatic impact this winter will depend on the weather. The colder the temperature, the greater the need for heating power sources, which will drive up the cost for both oil and natural gas. Meteorologists are predicting a tough winter, one that in actuality may be near normal but will seem colder after the four past winters, which were unusually mild due to La Nia. Already, temperatures are dipping to surprising lows across the country. Considering that it is only early October, warnings are continuing to accumulate that supply will be stretched to meet demand, which unquestionably will drive up the price of energy bills. Looking forward, much of what happens from here will depend on which candidate is elected in November. Most within the energy industry agree that more production is the only answer to supply concerns. Yet, expanding production will not be an easy task, especially in an election year. This is not an issue that is gaining high priority within Congress, as politicians aim to end their session before the presidential election. With such exceedingly opposed candidates, the impact that the imminent election will have on future energy policy cannot be underestimated. ============================================================== SCIENTECH can help you find the answers you need. From simple questions to complex problems, our experts and consultants will get results. Learn more about our six service areas at: http://www.consultrci.com/web/rciweb.nsf/Web+Pages/About_RCI.html =============================================================== SCIENTECH is pleased to provide you with your free, daily IssueAlert. Let us know if we can help you with in-depth analyses or any other SCIENTECH information products including e-commerce and telecom in the electric utility industry. If you would like to refer a colleague to receive our free, daily IssueAlerts, please reply to this email and include their full name and email address or register directly at: http://www.consultrci.com/web/infostore.nsf/Products/IssueAlert Sincerely, Will McNamara Director, Electric Industry Analysis wmcnamara@scientech.com =============================================================== Feedback regarding SCIENTECH's IssueAlert should be sent to wmcnamara@scientech.com =============================================================== SCIENTECH's IssueAlerts are compiled based on independent analysis by SCIENTECH consultants. The opinions expressed in SCIENTECH's IssueAlerts are not intended to predict financial performance of companies discussed or to be the basis for investment decisions of any kind. SCIENTECH's sole purpose in publishing its IssueAlerts is to offer an independent perspective regarding the key events occurring in the energy industry, based on its long-standing reputation as an expert on energy and telecommunications issues. Copyright 2000. SCIENTECH, Inc. If you do not wish to receive any further IssueAlerts from SCIENTECH, please reply to this message and in the body of the email type "remove."
Intel Home Computing Newsletter <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/header.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/boxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> send to a friend <http://intel.m0.net/m/s.asp?HB4641373293X1127764X80979Xddavis%40ect.enron.com> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> Hello Dana, <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> October 2001 If you haven't already upgraded to the Pentium 4 processor, now is the perfect time. With the new standard-setting Windows XP operating system from Microsoft , and our re-designed Home Computing Site full of useful tools and information, the Pentium 4 processor has even more ways to power and advance the cutting edge of technology. <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangespacer.gif> ? New: Windows XP + Pentium 4 processor ? Discover the future of technology ? Try our new PC Builders' Guide ? Compare the Pentium chips <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/boxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> Windows(R)XP with Pentium(R)4 processor optimizations <http://intel.m0.net/m/s.asp?HB4641373293X1127740X80979X> New: Windows XP + Pentium(R)4 processor <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/ushead1.gif> The Pentium 4 processor and Microsoft Windows XP pair up to bring you a great digital media experience. They have both been tailored to meet the needs of today's multitasking, productivity and digital-age entertainment demands. For instance, while the Pentium 4 processor encodes MP3s quickly, the OS gives you the freedom and ease to personalize your digital jukebox and burn CDs. Together, the Pentium 4 processor and Windows XP give you an unbeatable combination of high performance and stability. See all the great enhancements. <http://intel.m0.net/m/s.asp?HB4641373293X1127637X80979X> back to top <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> Discover the future of technology <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/ushead5.gif> Can interactive 3D images be modeled to accurately reflect the play of light? How far off is the first 20 GHz processor? Researchers at Intel Labs are currently at work on initiatives such as these in their continual efforts to yield groundbreaking advancements in technology. Keep up with their progress in The Future of Technology, a new section on the Intel Home Computing Site, devoted to the latest developments within Intel. Find out what's next. <http://intel.m0.net/m/s.asp?HB4641373293X1127639X80979X> back to top <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> Intel(R) Pentium(R)4 <http://intel.m0.net/m/s.asp?HB4641373293X1127754X80979X> Try our new PC Builder's Guide <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/ushead3.gif> Looking for advice on how to build or upgrade your PC? You'll find everything you need to get started with our PC Builders' Guide on the newly redesigned Intel Home Computing Site. Begin with the Motherboard Selector, which matches the correct motherboard to your desired processor, and then move on to the comprehensive list of motherboard FAQs and the essential guides that map out all the components of a PC. Check out the guide now. <http://intel.m0.net/m/s.asp?HB4641373293X1127638X80979X> back to top <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> Compare the Pentium(R) chips <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/ushead4.gif> How does the Pentium 4 processor stack up to the Pentium III processor in real terms? Check out the performance benchmark tool on the new Intel Home Computing site. You'll see how the chips compare in efficiency and speed during MP3 encoding, 3D gaming, video encoding, video editing, compute-intensive software, speech recognition and overall Internet experience. See the benchmark comparisons. <http://intel.m0.net/m/s.asp?HB4641373293X1127640X80979X> back to top <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/orangeboxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/072801/orangeboxtop.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/072801/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/072801/spacer.gif> Subscription information <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/0515/titlesubscriptioninfo.gif> Send this newsletter to a friend <http://intel.m0.net/m/s.asp?HB4641373293X1032975X80979Xddavis%40ect.enron.com>. Change your e-mail address <http://intel.m0.net/m/u/ihc/i.asp?e=ddavis%40ect.enron.com> for the Home Computing Newsletter. Choose from HTML or text <mailto:homecomputing@mailbox.intel.com&subject=Change%20my%20newsletter%20from%20HTML%20to%20text> as your preferred format for receiving the Home Computing Newsletter. Unsubscribe <http://intel.m0.net/m/u/ihc/i.asp?e=ddavis%40ect.enron.com> from the Home Computing Newsletter in one easy step. <http://intel.m0.net/m/u/ihc/i.asp?e=ddavis%40ect.enron.com> If you have been forwarded this newsletter and wish to subscribe, please click here <http://intel.m0.net/m/s.asp?HB4641373293X1061328X80979X>. For questions, or to make comments or suggestions, simply reply to this newsletter. <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/0515/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/0515/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/072801/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/072801/spacer.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/072801/orangeboxbottom.gif> <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> *Legal Information <http://intel.m0.net/m/s.asp?HB4641373293X1085861X80979X> and Privacy Policy <http://intel.m0.net/m/s.asp?HB4641373293X1085862X80979X> ? 2001 Intel Corporation Microsoft, Windows, and the Windows logo are trademarks or registered trademarks of Microsoft Corporation in the United States and/or other countries. <http://a676.g.akamaitech.net/f/676/773/60m/images.m0.net/catcontent/intelHC/us/102501/spacer.gif> <http://www.m0.net/m/logopen02.asp?vid=833&catid=4641373293&ecid=227919>
State PUC Takes On High Cost Of Energy Regulators foresee more rate increases Robert Salladay, Lynda Gledhill, Chronicle Sacramento Bureau Monday, March 12, 2001 ,2001 San Francisco Chronicle URL: http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2001/03/12/M N227831.DTL Sacramento -- Starting this week, state regulators will begin debating how much is enough when it comes to asking Californians to shoulder the electricity crisis by paying higher utility rates. Right now, there doesn't appear to be enough money to go around. The state government and the utilities have racked up monumental bills because of California's flawed deregulation system. And even with recent rate increases, not enough cash is coming in to pay off the debts and buy power. Over the next three weeks, deciding how that money gets divvied up to pay the state's debt will be one of the toughest jobs of the year. State Treasurer Philip Angelides said the state Public Utilities Commission would be essentially filling a shoe box with debts and commitments during a series of meetings and workshops this month, and it's going to be a tight fit without raising power bills even more. "The rubber hits the road in the next few weeks at the PUC," Angelides said. "There is a box that has to be filled up, and a no-rate-increase scenario is putting all of these things into this box. It'll be tough work." Under the law, the PUC has the power to essentially determine how much profit the utilities can make. It's a set formula, designed to give the power companies a comfortable margin and to keep power bills reasonable for consumers. But with the 1996 deregulation an utter failure in California, there are many more demands on that money. The utilities claim to be $14 billion in debt. The state of California is spending $45 million a day to buy power. Taxpayers have spent $3.2 billion so far, and the PUC recently said utility customers would be required to pay that money back. Then there is the $10 billion in bonds the state is selling to buy long- term contracts for power. Angelides said the PUC also must guarantee him an estimated $1.3 billion a year from consumers to pay off the bonds, which his office expects to begin selling by the end of May. That money could end up running out by September, or June 2002 under the most optimistic prediction, Angelides said. That could mean California would have to borrow even more money beyond the $10 billion -- money that consumers will most likely have to pay back through their bills. Gov. Gray Davis has said repeatedly that it is his "hope and expectation" that rates will not increase. But he has been criticized for seeming to say that a temporary rate increase approved in January will be made permanent and that a 10 percent rate decrease imposed when deregulation was implemented will be lifted next year. "If I wanted to raise rates, I could have solved this in 20 minutes," Davis said last month. But others are convinced now that rates will go up even more than the 19 percent. And PUC Commissioner Richard Bilas said he thinks the rates should go up before the summer to encourage conservation. 'FUNDAMENTALS DON'T CHANGE' "It doesn't matter what is done in terms of rhetoric, legislation, ideas or proposals at the commission -- the fundamentals don't change," said Bilas, a Republican. "There is not enough supply and too much demand. The only function on the demand side is a rate increase. Otherwise, people won't stop using electricity." Since the state is buying roughly 30 percent of the power used by the utilities -- and at the highest prices so far -- the state should be entitled to an equivalent share of the money coming in from consumers. "If we're going to issue bonds, we must have first (crack at) that money," Angelides said. His office believes that "a failure to (issue bonds) in the appropriate manner will directly and negatively impact consumer rates." Angelides also needs a commitment from the PUC over how the state will get repaid for the money it's spending to buy emergency power the utilities cannot afford to purchase. Bilas said the PUC, which will take up some of these issues at their meeting on Thursday, would have to face reality soon. 'IT'S A BAND-AID' "It's the direction we have been moving in," he said. "We're having to face up to fact that there needs to be rate increase. What is being done isn't a solution to the problem -- it's a Band-Aid." The utilities, among others, are eyeing the money as well for their significant costs. They have accumulated massive debts that need to be repaid, and have investors to satisfy. Also looking for a slice of the pie are the alternative energy producers -- including wind and solar producers -- who depend on payments from the utilities to buy the natural gas they need to operate. These facilities account for nearly a third of the energy produced in California, and any scenario that has the state getting through the summer without significant blackouts requires full operation. "What everybody has told me is this summer is going to be murder, because we don't have enough," state Senate President pro tem John Burton, D-San Francisco, said recently. Three things are occurring that are designed to make sure the money going out to pay for debts and power is slightly less than the money coming in from consumers: Small alternative energy providers are expected to start getting lower payments. Utilities, as part of a state rescue plan still being negotiated, will be required to sell the electricity they generate themselves at cost. The state is signing long-term contracts for its share of power, which reduces demands on ratepayers. The idea is to leave enough headroom that will pay back the state for what it is spending over a long period of time. Angelides said the difference -- that headroom -- should be returned to the state to pay off the debts it incurred from the long-term contracts financed with the bond money and to buy emergency power. STATE WANTS ITS SHARE "We stepped into the breach here," Angelides said. "We're entitled to a fair slice of the pie." Angelides said the new rate schedule, which the PUC is determining this month, should not be used to pay back utilities for any of their debts from before Jan. 17. That's when the state started buying power for the utilities. So far, the utilities are not asking for their past debts to be repaid. Some other financing for those must be developed, such as selling thousands of miles of electrical transmission lines to raise billions of dollars. But there may not be much headroom left to pay off all the other debts. Chris Danforth with the Office of Ratepayer Advocates, which is designed to make sure consumers get a good deal out of the PUC, said the future payments to the alternative facilities and contracts signed by the state were going to cost more than originally planned. That eats up some of the headroom and "is indicative of a rate increase," Danforth said. Paying the Bill Most of what PG&E customers pay for electricity is spoken for but the demands are about to get a lot bigger. . Breakdown of contributors to electricity production PG&E generated power -- What the utility produces at its own plants. Alternative energy -- Electricity generated by solar, wind and biomass companies. Independent generators -- Power produced at non-PG&E plants in California and elsewhere. . PG&E customers currently pay 6.5 cents per kilowatt hour Combined sources of electricity cost 6.134 cents per kilowatt hour This portion represents 0.366 cents of leftover money . Claims on leftover money -- Money owed to the Independent System Operator, which has been forced to buy electricity at very high prices in recent months. -- Money owed to the alternative energy providers. Many of these small units have stopped operating because they have not been paid. -- Emergency power purchases likely to be necessary this summer, since the state has not secured enough long-term contracts to provide all the power it needs. That could drain either the state's coffers, or be paid for by consumers. . Source: Chronicle research Chronicle Graphic E-mail the reporters at rsalladay@sfchronicle.com and lgledhill@sfchronicle.com. ,2001 San Francisco Chronicle ? Page?A - 1
-----Original Message----- From: Hubbard, Dave Sent: Friday, July 20, 2001 6:59 AM To: Faucheaux, Eric; Centilli, James; Watson, Kimberly; Lindberg, Lorraine; Rance, Byron; Eisenstein, Arnold L.; Gottsponer, Morgan; Asante, Ben; Schoolcraft, Darrell; Graves, Jerry; Jolly, Rich; Chanley, Earl Subject: FW: TW Capacity Affected for Red Rock Tie-ins (CORRECTION) TW Red Rock Team: Just spoke with Byron Rance and his message should read as follows for the Tie-In Schedule. (Station 2 was listed twice; the second listing for March tie-ins should be Station 3.) After discussion with Arnold Eisenstein, the following are (very) tentative dates for tie ins. Station 2, mainline, October 22, 2001, 4 days Station 2, loop, November 5. 2 days Station 1, mainline, March 4, 2002, 4 days Station 1, loop, March 13, 2002, 2 days Station 3 , mainline, March 18, 2002, 4 days Station 3 , loop, March 28, 2002, 2 days. [Hubbard, Dave] -----Original Message----- [Hubbard, Dave] From: Rance, Byron Sent: Thu 7/19/2001 10:40 PM To: Faucheaux, Eric Cc: Eisenstein, Arnold L.; Chanley, Earl; Jolly, Rich; Roensch, David; Asante, Ben; Crabtree, Steve Subject: RE: TW Capacity Affected for Red Rock Tie-ins After discussion with Arnold Eisenstein, the following are (very) tentative dates for tie ins. Station 2, mainline, October 22, 2001, 4 days Station 2, loop, November 5. 2 days Station 1, mainline, March 4, 2002, 4 days Station 1, loop, March 13, 2002, 2 days Station 2[Hubbard, Dave] (Station 3) , mainline, March 18, 2002, 4 days Station 2[Hubbard, Dave] (Station 3) , loop, March 28, 2002, 2 days. -----Original Message----- From: Faucheaux, Eric Sent: Thu 7/19/2001 4:53 PM To: Centilli, James; Watson, Kimberly; Lindberg, Lorraine Cc: Rance, Byron; Eisenstein, Arnold L.; Gottsponer, Morgan; Asante, Ben; Schoolcraft, Darrell; Graves, Jerry; Jolly, Rich; Chanley, Earl Subject: TW Capacity Affected for Red Rock Tie-ins The following volumes are capacities west of Station 1 that will result from tie-in construction work slated for the Red Rock expansion. Tie-in assemblies will be required on both the Mainline and Loopline at stations 1, 2, and 3. New block and side valve assemblies for new compressor and scrubbers will be installed on the suction side main and loop lines at each station. The tie-in will entail blocking (isolating) a line segment within the station yard on the suction side (each line done separately) thus creating a dead leg back to the next upstream block valve crossover(s). Hence, all of the flow will be forced into a single line when making tie-in on the adjacent pipeline line. The result of forcing all volumes into a single line will produce greater pressure losses in the operating segment to the existing compression and reduce throughput due to lower suction pressure and respective horsepower limitations. Discharge piping at the station having tie-in work will be unchanged regarding valving configurations. Tie-in Schedule/Duration Capacity X-over Status CS 2 ML Oct '01 / 4 days 960 MMcfd MLV 3010-open us/ds x-over; open us 30" x-over CS 2 LL Oct '01 / 2 days 960 MMcfd MLV 3010-open us/ds x-over, open us 30" x-over CS 1 ML Mar '02 / 4 days 990 MMcfd MLV 2012 & 2011-open us/ds x-over; open us 30" x-over CS 1 LL Mar '02 / 2 days 990 MMcfd MLV 2012 & 2011-open us/ds x-over; open us 30" x-over CS 3 ML Apr '02 / 4 days 1010 MMcfd MLV 4012 & 4011-open us/ds x-over; open us 30" x-over CS 3 LL Apr '02 / 2 days 1010 MMcfd MLV 4012 & 4011-open us/ds x-over; open us 30"x-over Notes: 1. Specific schedule dates are forthcoming 2. Schedules could be impacted by material deliveries and is based upon receipt of construction permits 3. Durations consider working around the clock until completed
----- Forwarded by Scott Dieball/ENRON_DEVELOPMENT on 03/09/2001 09:01 AM ----- Scott Dieball 02/06/2001 04:33 PM To: Roseann Engeldorf/Corp/Enron@ENRON, Kay Mann/Corp/Enron@Enron, Sheila Tweed/HOU/ECT@ECT@ENRON cc: Lisa Bills/Enron@EnronXGate@ENRON Subject: Re: Assignment in World Hunger Document Thanks Rose for update re assignment language. Kay/Sheila - Is the language below the same language presently in the form contract? If the language is the same, then I gather from Rose that she is OK with it but thinks you may not be happy with it. If instead the language is different, then we should run the form contract language past Rose for comments. If the latter applies, please send the language to Rose (and copy me) as I am not sure if I have the latest version. Scott Roseann Engeldorf@ENRON 02/06/2001 03:55 PM To: Scott Dieball/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt cc: Sheila Tweed/HOU/ECT@ECT, Lisa Bills/Enron@EnronXGate, Kay Mann/Corp/Enron@Enron Subject: Assignment in World Hunger Document Our "world hunger" assignment discussions at year end were preempted by our "TurboPark" and "Electrobolt" assignment discussions in connection with moving the LMs and other GE contracts into the various off-balance sheet vehicles at year end. I have attached a copy of the assignment provisions we agreed to with GE for those vehicles; they are fairly restrictive and I do not think the power lawyers or originators would be particularly happy with them. They gave us the flexibility we needed for the financing, but I don't know that they are something Enron Corp. wants to live with in our template document. Rose 22.2 Assignment by Purchaser or Agent. Neither Party shall assign any or all of their duties or rights under this Contract without prior written consent from the other Party; such consent not to be unreasonably withheld. If the Purchaser wishes to obtain the Seller,s consent to the assignment of Purchaser,s duties or rights under this Contract, it shall request such consent in a writing which includes or incorporates: (a) the legal name and address and the form and place of incorporation or organization of the proposed assignee; (b) the current published annual report of the proposed assignee, or if no such report is published three years of audited financial statements and a description of the proposed assignee,s business; and (c) a descriptive list of power generation projects completed by the assignee during the preceding year. Seller shall respond to any request for consent within thirty (30) days following its receipt of such request. Notwithstanding the foregoing: (w) any lender participating in or providing financing or financing structures, including, without limitation, structures related to leasing arrangements and project financing in respect of any Unit, may transfer or assign its rights associated with such Unit upon liquidation or foreclosure of such Unit in satisfaction of Purchaser,s obligations under such financing structure; (x) either Party may without further consent by the other Party delegate or assign its duties or rights to any Affiliate or subsidiary; (y) Purchaser may without further consent of the Seller delegate or assign its duties or rights to any Affiliate of Enron Corp.; or (z) if Purchaser holds or controls other material assets associated with the Facility into which any Unit will be installed (the &Transferred Facility8) and if Purchaser transfers of all or substantially all of its rights in and to such assets, Purchaser may without further consent delegate or assign its duties or rights associated with such Unit to the transferee of such other assets (the &Transferee8), provided that one of the following conditions has and continues to be fulfilled: (i) prior to payment of the Purchase Amount, that Transferee (A) has provided financial guarantees reasonably satisfactory to the Seller and valid until such time as the Purchase Amount shall be paid in full, or (B) has demonstrated that it has credit rated by Standard & Poor,s at BBB- or better, and has agreed that if it fails to maintain such rating until the Purchase Amount shall have been paid in full that it will provide financial guarantees as described in subsection (A) above. (ii) that Transferee shall provide representations reasonably satisfactory to Seller that a credit facility covering the Transferred Facility has been agreed and is operative. Purchaser or Agent shall have the right to assign or pledge, from time to time, all or any portion of their respective right, title and interest in, to and under the Agreement as collateral for financing of this Facility without Seller,s consent. When duly assigned in accordance with this Section (including, following any collateral assignment, upon foreclosure by any collateral assignee), (i) this Agreement or the rights and/or obligations so assigned shall be binding upon and shall inure to the benefit of the assignee (and all rights and/or obligations so assigned, including, without limitation, any and all warranty rights, shall be assigned to the assignee as if such assignee were an original party hereto), (ii) the assignor shall be irrevocably relieved of and forever discharged from all liability under this Agreement so long as the assignee executes an assumption of such liabilities, and (iii) the Seller shall look only to such assignee for the performance of the obligations so assigned. Any assignment by Purchaser other than as permitted herein shall be void and without force or effect. The parties hereto further agree and acknowledge that the foregoing provisions relating to this assignment will only control the assignment of Purchaser,s rights under this Agreement prior to the date upon which the Equipment achieves Takeover. Following such date, Purchaser shall be permitted, without Seller,s consent, to: (i) assign its rights under this Agreement, (ii) convey any ownership interest that it may have in the Facility and/or (iii) convey any equity interest that it may have in the entity which owns the Facility.
Is EES or ENA planning to attend the ISO's vendor fair and stakeholder meeting mentioned below?. Gov Affairs was not planning on it unless one of you need us to go and we'll see if we can fit it in. As you can see, one of our cusomters is asking about it. ---------------------- Forwarded by Susan J Mara/SFO/EES on 09/14/2000 12:21 PM --------------------------- From: Jeff Nieland/HOU/EES@Exchange on 09/12/2000 07:03 PM To: Susan J Mara/SFO/EES@EES, Jeff Dasovich/SFO/EES@EES, Mona L Petrochko/SFO/EES@EES, Dennis Benevides/HOU/EES@EES, John Wack/HOU/EES@EES, Tom Riley/Western Region/The Bentley Company@Exchange cc: Chris Holmes/HOU/EES@EES Subject: FW: FW: CA ISO Mtg IBM has requested feedback from EES concerning the subject ISO meeting described below. Are any of you or your staff attending the meeting? If not, do you know of anyone else within Enron who is attending? Please advise. Thanks Jeff -----Original Message----- From: Gaillard,Bruno Sent: Wednesday, August 30, 2000 11:56 AM To: Nieland, Jeff Cc: Mara,Susan; Dasovich,Jeff; Petrochko,Mona Subject: Re: FW: CA ISO Mtg Jeff, I will not be attending the meeting. I suspect someone in our office will attend the meeting. I will ask Jeff Dasovich, Sue Mara, and Mona Petrochko whether or not they will attend and make sure they get in touch with you. From: Jeff Nieland/HOU/EES@Exchange on 08/30/2000 09:02 AM CDT To: Bruno Gaillard/SFO/EES@EES cc: Subject: FW: CA ISO Mtg Bruno, Hope all is well. I again would appreciate your insight. Do you know if we are participating in this meeting? If so, who is attending? Please point me in the right direction. Thanks Jeff -----Original Message----- From: petegreg@us.ibm.com@ENRON@EES Sent: Tuesday, August 29, 2000 1:24 PM To: Jeff_Nieland@enron.com Cc: jsparlin@enron.com; Troy_Henry@enron.com Subject: CA ISO Mtg Jeff, will Enron be attending this meeting? IBM would be interested in receiving a report from this event. We would also like to discuss potential impacts/options for our CA sites. Thanks. The ISO will be hosting a Participating Load Stakeholder meeting on September 20, 2000 at the ISO. The meeting is a broad stakeholder meeting to help refine our load participation programs for 2001. Much of the day will be committed to presentations and discussions on lessons learned from 2000 and proposals for 2001, including technical standards, contractual issues, and load management. Some vendors have approached the ISO with systems that would aggregate loads, give them an opportunity to curtail based on day ahead energy prices, and provide the curtailment instructions and verifications. This type of program may be ultimately sold to ESPs or IOUs. In order to accelerate the testing of such systems the ISO may sponsor a pilot program to test the system/approach with selected vendors. The pilot program will test the concepts, the interfaces, and assist in bringing together vendors, ESPs, SCs, and the IOUs as we move forward toward improving demand responsiveness in our markets. We have reserved about 1 -2 hours in the afternoon, to allow 3-4 vendors to present their approaches to the stakeholder group. In addition, we welcome you to visit a vendor fair that the ISO is hosting on September 21, 2000. The ISO has experienced considerable interest from the market place in such a vendor fair that would include entities providing Data Processing Gateway technology for both Generators and Loads in the Participating Ancillary Services Load Program. This effort is being encouraged to develop multiple solutions pertaining to installations of direct telemetry for Generators and Load providing Ancillary Services to the ISO markets. The agendas are attached for both events, including directions and lodging information. Please RSVP by September 13, 2000 to Sue Happ at shapp@caiso.com. Thank you. <<AGENDA 9_20_00_timelines3_.doc>> <<AGENDA 9_21_00_timelines3_.doc>> <<Lodging and Directions.pdf>> Keoni Almeida California Independent System Operator phone: 916/608-7053 pager: 916/814-7352 alpha page: 9169812000.1151268@pagenet.net e-mail: <mailto:kalmeida@caiso.com> Greg Peterson, P.E. Global Energy Sourcing Global General Procurement P: (919) 543-4002 T/L 441 F: (919) 543-1119 T/L 441 petegreg@us.ibm.com
---------------------- Forwarded by Scott Neal/HOU/ECT on 06/19/2000 05:05 PM --------------------------- Barry Steinhart@ENRON 06/07/2000 02:32 PM To: Jeffrey A Shankman/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT cc: Subject: LNG: FRANCE: PDVSA sees Enron LNG deal soon, seeks gas funds. FYI ---------------------- Forwarded by Barry Steinhart/Corp/Enron on 06/07/2000 02:30 PM --------------------------- djcustomclips@djinteractive.com on 06/07/2000 02:55:23 PM Please respond to nobody@mail1.djnr.com To: 196816@mailman.enron.com cc: Subject: LNG: FRANCE: PDVSA sees Enron LNG deal soon, seeks gas funds. FRANCE: PDVSA sees Enron LNG deal soon, seeks gas funds. 06/07/2000 Reuters English News Service (C) Reuters Limited 2000. NICE, France, June 7 (Reuters) - Venezuela's state oil company Petroleos de Venezuela (PDVSA) said on Wednesday it expected to sign a contract with U.S. energy company Enron by June 30 to construct an LNG plant in Jose with an annual capacity of two million tonnes. It has signed an agreement with Royal Dutch Shell , ExxonMobil and Mitsubishi to begin construction of a four-million-tonne LNG plant in Paria by end of the year. "We could sign the contract to start the project (with Enron) by June 30...The plant should be operational by 2004," Domingo Marsicobetre, chairman of PDVSA's gas division, told reporters at the world gas congress in Nice. "The project development agreement was signed with Shell, Exxon and Mitsubishi last month. In September we will declare the viability of the project and then create a (separate) Venezuelan LNG company (to run it). The milestone is December," Marsicobetre said. The Paria plant was expected to be operational by 2005, he said, adding that the consortium hoped to explore further oil and gas in the Orinoco delta platform, south of Trinidad, to add a second and third train to the plant. "In August a decision will be taken by the shareholders," he said. PDVSA would supply associated gas to the Jose plant, in which it would also be a shareholder. The facility aimed to export mainly to the Caribbean and the United States, he said. The Paria plant was designed to export LNG to the north-east United States, Spain and Portugal. Marsicobetre said PDVSA Gas was seeking between $6 billion and $10 billion in private investment to develop the production of non-associated gas, its LNG projects and the Venezuelan gas grid. Expanding non-associated gas and the gas grid would each absorb 30 percent of that total sum while the two LNG facilities would need some $2.6 million. The cost of developing oil and gas production in the delta platform was not included in that calculation, PDVSA Gas executive Nelson Mava told reporters. "If we move in a fast track we can have twice that investment," Mava said. He said Venezuela, the world's seventh largest gas producer with proven reserves of 146 trillion cubic feet (tcf), was counting on the development of non-associated gas to meet rising domestic demand. Venezuelan gas consumption was forecast to more than double by 2009, rising to 4.2 billion cubic feet a day from the current level of 1.8 billion. That meant the percentage of gas in the fuel mix would rise to 55 percent from 42, Mava said. Of the current 142 tcf output, 132 tcf was associated and 14 non-associated. But there were unexplored reserves of non-associated gas of 6-20 tcf onshore and 40-60 offshore, he said. ((Gillian Handyside. Paris newsroom tel +33 1 4221 5343, fax +33 1 4236 1072, gillian.handyside@reuters.com)). Folder Name: LNG Relevance Score on Scale of 100: 90 ______________________________________________________________________ To review or revise your folder, visit http://www.djinteractive.com or contact Dow Jones Customer Service by e-mail at custom.news@bis.dowjones.com or by phone at 800-369-7466. (Outside the U.S. and Canada, call 609-452-1511 or contact your local sales representative.) ______________________________________________________________________ Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved
I spoke with Brian at CES . He does not show this deal in his records. I don't show it in my records either. Sandra Dial 03/14/2000 11:11 AM To: Chris Germany/HOU/ECT@ECT cc: Victor Lamadrid/HOU/ECT@ECT, Robert Allwein/HOU/ECT@ECT Subject: Re: Columbia Gas of Ohio on CGAS for Jan 00 Yes, I have an invoice. I'll bring to you this p.m (I was out yesterday). S Chris Germany 03/13/2000 10:03 AM To: Sandra Dial/HOU/ECT@ECT cc: Victor Lamadrid/HOU/ECT@ECT, Robert Allwein/HOU/ECT@ECT Subject: Re: Columbia Gas of Ohio on CGAS for Jan 00 Do we have an invoice from CGAS of Ohio? I would like to see it if we do. I don't show any record of a deal like this. I'm going to send an email to my CES contact to see if he shows anything in his notes about this. ---------------------- Forwarded by Chris Germany/HOU/ECT on 03/13/2000 09:58 AM --------------------------- Robert Allwein 03/13/2000 08:22 AM To: Victor Lamadrid/HOU/ECT@ECT cc: Sandra Dial/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT Subject: Re: Columbia Gas of Ohio on CGAS for Jan 00 Sandra, I just have to get with Chris Germany to see if he can confirm this deal. I will keep you posted. Thanks, Rob Chris, Deal # 153683, Please take a look at this and see if you can confirm that this was Buy/Sell or incremental. CES or EES? I have a supply but no market. Thanks Victor Lamadrid 03/10/2000 03:21 PM To: Sandra Dial/HOU/ECT@ECT cc: Robert Allwein/HOU/ECT@ECT, Chris Germany/HOU/ECT@ECT Subject: Re: Columbia Gas of Ohio on CGAS for Jan 00 Most likely this is an offset to our term sale to CES on CGAS. Chris prepares CES invoices. I don't know if he is aware of this. Most likely, there is an offsetting sale that is not in or we need to back off an existing path and replace with this purchase. Sandra Dial 03/10/2000 01:33 PM To: Stephanie Sever/HOU/ECT@ECT cc: Robert Allwein/HOU/ECT@ECT, Mark Feldman/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT Subject: Re: Columbia Gas of Ohio on CGAS for Jan 00 Stephanie, Can you change the year from 2001 to 2000 on the deal, please. Columbia Gas of Ohio, sitara #153863, purchase. Mark, If you happen to have any info on who Enron sold the gas to (since we're buying from Col Gas of OH), let Robert know--meanwhile he's checking with Robin and Chris on his end so he can path it. Vic--this is only FYI. Robert's taking the lead on finding out the info he needs to get this pathed in the system. Thanks all. Sandra x5-7213 ---------------------- Forwarded by Sandra Dial/HOU/ECT on 03/10/2000 01:25 PM --------------------------- Robert Allwein 03/10/2000 10:25 AM To: Sandra Dial/HOU/ECT@ECT cc: Subject: Re: Columbia Gas of Ohio on CGAS for Jan 00 The deal ticket has 2001 on it not 2000. Can you find out who they sold the gas to. Do you need this pathed and tracked and balanced? - Rob Sandra Dial 03/10/2000 09:54 AM To: Robert Allwein/HOU/ECT@ECT, Victor Lamadrid/HOU/ECT@ECT cc: Subject: Columbia Gas of Ohio on CGAS for Jan 00 Robert/Victor, Can one of you check into this for me, please (you may also be getting a call from Mark Feldman from Volume)... Columbia Gas of Ohio, sitara #153863, flow date 1/21/00, 3,575 mm's. The deal is in sitara; however, I do not see anything nommed, etc in Unify (like the deal doesn't exist). Can you check on your end to see if there was some sort of glitch/error. According to Dick Jenkins, he agrees with the counterparty. Let me know what you find/fix so I can redraft and pay them. Could it be booked under another pipe? Call me later. Thanks. S x5-7213
Return-Path: <Vince.J.Kaminski@enron.com> Received: from rly-yc03.mx.aol.com (rly-yc03.mail.aol.com [172.18.149.35]) by air-yc05.mail.aol.com (v77_r1.36) with ESMTP; Tue, 10 Apr 2001 18:44:41 -0500 Received: from postmaster.enron.com (outbound5.enron.com [192.152.140.9]) by rly-yc03.mx.aol.com (v77_r1.36) with ESMTP; Tue, 10 Apr 2001 18:43:59 -0400 Received: from mailman.enron.com (mailman.enron.com [192.168.189.66]) by postmaster.enron.com (8.10.1/8.10.1/external_corp-1.08) with ESMTP id f3AMhw617990 for <vkaminski@aol.com>; Tue, 10 Apr 2001 17:43:58 -0500 (CDT) Received: from nahou-msmsw01px.corp.enron.com (nahou-msmsw01px.corp.enron.com [172.28.10.37]) by mailman.enron.com (8.10.1/8.10.1/corp-1.05) with ESMTP id f3AMhvL11177 for <vkaminski@aol.com>; Tue, 10 Apr 2001 17:43:57 -0500 (CDT) Received: from ene-mta01.enron.com (unverified) by nahou-msmsw01px.corp.enron.com (Content Technologies SMTPRS 4.1.5) with ESMTP id <Tac1c0a2512652d5b3a1af@nahou-msmsw01px.corp.enron.com> for <vkaminski@aol.com>; Tue, 10 Apr 2001 17:43:57 -0500 Subject: Trader's Roundtable Meeting - Report on Recessions and Demand Contraction To: vkaminski@aol.com From: Vince.J.Kaminski@enron.com Date: Tue, 10 Apr 2001 17:43:55 -0500 Message-ID: <OF11601427.5D79A84C-ON86256A2A.007CDC61@enron.com> X-MIMETrack: Serialize by Router on ENE-MTA01/Enron(Release 5.0.6 |December 14, 2000) at 04/10/2001 05:39:56 PM MIME-Version: 1.0 Content-type: multipart/mixed ; Boundary="0__=86256A2A007CDC618f9e8a93df938690918c86256A2A007CDC61" Content-Disposition: inline X-Mailer: Unknown (No Version) ---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/10/2001 05:45 PM --------------------------- From: Jennifer Fraser/ENRON@enronXgate on 03/21/2001 10:30 AM To: Jennifer Burns/ENRON@enronXgate, John J Lavorato/Corp/Enron@ECT, John Arnold/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Mike Grigsby/HOU/ECT@ECT, Fletcher J Sturm/HOU/ECT@ECT, Rogers Hearndon@ECT, John L Nowlan/HOU/ECT@ECT, Bill White/NA/Enron@Enron, Kevin McGowan/Corp/Enron@ENRON, Gary Hickerson/HOU/ECT@ECT, Michael W Bradley/HOU/ECT@ECT, Vince J Kaminski/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Adam Gross/HOU/ECT@ECT cc: Jeffrey A Shankman/ENRON@enronXgate, Gary Hickerson/HOU/ECT@ECT, Tamara Jae Black/HOU/ECT@ECT, Ina Rangel/HOU/ECT@ECT, Helen Marie Taylor/HOU/ECT@ECT, Angie Collins/HOU/ECT@ECT, Judy Zoch/NA/Enron@ENRON, Shirley Crenshaw/HOU/ECT@ECT, Airam Arteaga/HOU/ECT@ECT, Stacy Weatherly/Corp/Enron@Enron, Kimberly Hillis/ENRON@enronXgate Subject: Trader's Roundtable Meeting - Report on Recessions and Demand Contraction Attached is the report I discussed yesterday. It considers the impact of last 2 recessions on demand. (See attached file: 020901.pdf) Jen Fraser 713-853-4759 - 020901.pdf
------------------------------------------------------------------------------------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R October 19, 2001 5:00pm through October 22, 2001 12:00am ------------------------------------------------------------------------------------------------------ SCHEDULED SYSTEM OUTAGES: ECS power outage A power outage will occur in Enron Center South on Saturday, October 20, 2001 to complete repairs to the electrical riser system required to correct issues resulting from Tropical Storm Allison. IDF's and thus network resident applications and data will be off line on all ECS floors 3 through 6 from 10:00 a.m. Saturday until 8:00 a.m. Sunday. Trading floors 3, 4, 5 and 6 desktop power will be off beginning 2:00 p.m. Saturday until 12:00 noon Sunday. Avaya telephony phone system will be unaffected. However, the turret system will be offline starting 11:00 a.m. Saturday until 1:00 p.m. Sunday. Additionally, during this power outage the cooling system will be upgraded. This upgrade may take up to 2 hours. Occupants in the building may experience as much as a five degree rise in temperature. Contacts: Stuart Fieldhouse 713-853-5699 Lance Jameson 713-345-4423 ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages ENRON NORTH AMERICAN LANS: Impact: EBS Time: Fri 10/19/2001 at 5:00:00 PM CT thru Fri 10/19/2001 at 5:30:00 PM CT Fri 10/19/2001 at 3:00:00 PM PT thru Fri 10/19/2001 at 3:30:00 PM PT Fri 10/19/2001 at 11:00:00 PM London thru Fri 10/19/2001 at 11:30:00 PM London Outage: Decommission PROWLER firewall Environments Impacted: EBS Purpose: Migration of EBS internal network to Corp Backout: Contact(s): Chris Shirkoff 713-853-1111 Impact: 3AC Time: Fri 10/19/2001 at 6:00:00 PM CT thru Fri 10/19/2001 at 10:00:00 PM CT Fri 10/19/2001 at 4:00:00 PM PT thru Fri 10/19/2001 at 8:00:00 PM PT Sat 10/20/2001 at 12:00:00 AM London thru Sat 10/20/2001 at 4:00:00 AM London Outage: Migrate 3AC 8th and 9th Floor to Corp IP space Environments Impacted: All Purpose: EBS Consolidation Backout: In the event of a failure, I will put the original links and switches back in place, putting 8 and 9 back on EBS IP space. Contact(s): Micah Staggs 713-345-1696 Impact: CORP Time: Fri 10/19/2001 at 6:00:00 PM CT thru Fri 10/19/2001 at 7:00:00 PM CT Fri 10/19/2001 at 4:00:00 PM PT thru Fri 10/19/2001 at 5:00:00 PM PT Sat 10/20/2001 at 12:00:00 AM London thru Sat 10/20/2001 at 1:00:00 AM London Outage: Change internal routing to EIN Environments Impacted: All Purpose: EBS Integration Backout: Remove static route, go back through EBS environment on 44 Contact(s): Dennis McGough 713-345-3143 FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. HR: Impact: HR Time: Sat 10/20/2001 at 7:30:00 AM CT thru Sat 10/20/2001 at 3:30:00 PM CT Sat 10/20/2001 at 5:30:00 AM PT thru Sat 10/20/2001 at 1:30:00 PM PT Sat 10/20/2001 at 1:30:00 PM London thru Sat 10/20/2001 at 9:30:00 PM London Outage: Memory Upgrade for HR-DB-1, 4, and 5 Environments Impacted: All Purpose: More memory is need on these servers for additional databases. Backout: Restore to previous configuration. Contact(s): Brandon Bangerter 713-345-4904 Mark Calkin 713-345-7831 Raj Perubhatla 713-345-8016 281-788-9307 MESSAGING: Impact: EES Time: Fri 10/19/2001 at 8:30:00 PM CT thru Fri 10/19/2001 at 11:30:00 PM CT Fri 10/19/2001 at 6:30:00 PM PT thru Fri 10/19/2001 at 9:30:00 PM PT Sat 10/20/2001 at 2:30:00 AM London thru Sat 10/20/2001 at 5:30:00 AM London Outage: EES Notes Server Reboots Environments Impacted: All users on any of the mailservers listed below Purpose: Scheduled @ 2 week interval on 1st and the 3rd Friday of each month. Backout: Contact(s): Dalak Malik 713-345-8219 Impact: Corp Notes Time: Fri 10/19/2001 at 9:00:00 PM CT thru Sat 10/20/2001 at 1:00:00 AM CT Fri 10/19/2001 at 7:00:00 PM PT thru Fri 10/19/2001 at 11:00:00 PM PT Sat 10/20/2001 at 3:00:00 AM London thru Sat 10/20/2001 at 7:00:00 AM London Outage: cNotes Server Reboots Environments Impacted: All users on any of the mailservers listed below Purpose: Scheduled @ 2 week interval Backout: Make sure server comes up. Contact(s): Trey Rhodes (713) 345-7792 Impact: EI Time: Fri 10/19/2001 at 9:00:00 PM CT thru Sat 10/20/2001 at 1:00:00 AM CT Fri 10/19/2001 at 7:00:00 PM PT thru Fri 10/19/2001 at 11:00:00 PM PT Sat 10/20/2001 at 3:00:00 AM London thru Sat 10/20/2001 at 7:00:00 AM London Outage: EI Notes Server Maintenance Environments Impacted: EI Local/Domestic/Foreign Sites Purpose: Scheduled @ 2 week interval Backout: N/A Contact(s): David Ricafrente 713-646-7741 MARKET DATA: No Scheduled Outages. NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER SYSTEMS: Impact: SAP Time: Fri 10/19/2001 at 8:00:00 PM CT thru Sun 10/21/2001 at 8:00:00 AM CT Fri 10/19/2001 at 6:00:00 PM PT thru Sun 10/21/2001 at 6:00:00 AM PT Sat 10/20/2001 at 2:00:00 AM London thru Sun 10/21/2001 at 2:00:00 PM London Outage: Sombra upgrade and maintenance for ACTA server adcupkilo. Environments Impacted: ACTA Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug. Reconfigure the disk layout. Backout: Fall back to old cpus Restore the disk layout restore to old configuration Contact(s): Malcolm Wells 713-345-3716 Impact: SAP Time: Fri 10/19/2001 at 8:00:00 PM thru Sun 10/21/2001 at 8:00:00 AM Fri 10/19/2001 at 6:00:00 PM PT thru Sun 10/21/2001 at 6:00:00 AM PT Sat 10/20/2001 at 2:00:00 AM London thru Sun 10/21/2001 at 2:00:00 PM London Outage: Sombra upgrade and maintenance for ACTA server adcupklima. Environments Impacted: ACTA Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug. Reconfigure the disk layout. Backout: Fall back to old cpus Restore the disk layout restore to old configuration Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 1:00:00 PM CT thru Sat 10/20/2001 at 5:00:00 PM CT Sat 10/20/2001 at 11:00:00 AM PT thru Sat 10/20/2001 at 3:00:00 PM PT Sat 10/20/2001 at 7:00:00 PM London thru Sat 10/20/2001 at 11:00:00 PM London Outage: Patching and reboot of app server quark. Environments Impacted: EnLighten Purpose: Patching and reboot needed to address file system automount issues. Backout: No back out. Task has to be completed. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 12:00:00 PM CT thru Sat 10/20/2001 at 6:00:00 PM CT Sat 10/20/2001 at 10:00:00 AM PT thru Sat 10/20/2001 at 4:00:00 PM PT Sat 10/20/2001 at 6:00:00 PM London thru Sun 10/21/2001 at 12:00:00 AM London Outage: Sombra cpu upgrade for server neptune. Environments Impacted: TAGG Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug. Backout: regress to old boards Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sun 10/21/2001 at 10:00:00 AM CT thru Sun 10/21/2001 at 2:00:00 PM CT Sun 10/21/2001 at 8:00:00 AM PT thru Sun 10/21/2001 at 12:00:00 PM PT Sun 10/21/2001 at 4:00:00 PM London thru Sun 10/21/2001 at 8:00:00 PM London Outage: Memory upgrade for server emerald. Environments Impacted: CAS Purpose: Add resources for growth and performance. Backout: Pull new memory and reboot under the old configuration. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 6:00:00 PM CT thru Sat 10/20/2001 at 9:00:00 PM CT Sat 10/20/2001 at 4:00:00 PM PT thru Sat 10/20/2001 at 7:00:00 PM PT Sun 10/21/2001 at 12:00:00 AM London thru Sun 10/21/2001 at 3:00:00 AM London Outage: Sombra cpu upgrade for server spectre. Environments Impacted: BOND / Global Products Purpose: Improve reliability with the new mirrored cache cpu module and protect against ecache parity bug Backout: regress to old boards Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 10/20/2001 at 6:00:00 PM CT thru Sun 10/21/2001 at 6:00:00 AM CT Sat 10/20/2001 at 4:00:00 PM PT thru Sun 10/21/2001 at 4:00:00 AM PT Sun 10/21/2001 at 12:00:00 AM London thru Sun 10/21/2001 at 12:00:00 PM London Outage: Test/Dev maintenance for multiple servers. Environments Impacted: All ENW test and dev environments Purpose: General maintenance window for ENW Test and Development servers. See the list below. Backout: roll back to any original configuration. Contact(s): Malcolm Wells 713-345-3716 SITARA: No Scheduled Outages. SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: Impact: CORP Time: Sat 10/20/2001 at 11:00:00 AM CT thru Sat 10/20/2001 at 12:00:00 PM CT Sat 10/20/2001 at 9:00:00 AM PT thru Sat 10/20/2001 at 10:00:00 AM PT Sat 10/20/2001 at 5:00:00 PM London thru Sat 10/20/2001 at 6:00:00 PM London Outage: Telephony Apps IP Switch Replacement Environments Impacted: All Purpose: Replace old 2924 switch (Token Ring config) with 2 new 2948s to minimize the exposure to critical telephony applications in the event of IP switch failure. New switches can also be added to the Paging System. Critical telephony applications currently sharing 1 switch include all voice mail. Loss of network connectivity would prevent anyone from accessing their messages. Backout: Revert to old switches. Contact(s): Rebecca Sutherland 713-345-7192 Bruce Mikulski 713-853-7409 George Nguyen 713-853-0691 TERMINAL SERVER: No Scheduled Outages. UNIFY: No Scheduled Outages. SCHEDULED SYSTEM OUTAGES: LONDON Impact: CORP Time: Fri 10/19/2001 at 6:00:00 PM CT thru Sat 10/20/2001 at 9:00:00 PM CT Fri 10/19/2001 at 4:00:00 PM PT thru Sat 10/20/2001 at 7:00:00 PM PT Sat 10/20/2001 at 12:00:00 AM London thru Sun 10/21/2001 at 3:00:00 AM London Outage: Complete Powerdown of the London Office Environments Impacted: All Purpose: To complete the final works and testing to install a third generator in Enron House Backout: Switch all equipment back on once power has been restored. Contact(s): Tracy Pearson 830-34238 London Tie Line ----------------------------------------------------------------------------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797 TDS -Trader Decision Support On-Call (713) 327-6032 [Pager]
I believe this was intended for the Susan Scott with ETS...I'm with Nat Gas Trading. Thanks From: Shelley Corman/ENRON@enronXgate on 03/30/2001 05:11 PM To: Daniel Allegretti/NA/Enron@Enron, Nancy Bagot/OTS/Enron@ENRON, Martha Benner/ENRON@enronXgate, Donna Bily/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lynn Blair/ET&S/Enron@ENRON, Jack Boatman/FGT/Enron@ENRON, Rob Bradley/Corp/Enron@ENRON, Theresa Branney/ENRON@enronXgate, Lorna Brennan/ENRON@enronXgate, Tom Briggs/NA/Enron@Enron, Janet Butler/ENRON@enronXgate, Bob Chandler/ET&S/Enron@ENRON, Alan Comnes/PDX/ECT@ECT, Bill Cordes/ENRON@enronXgate, Shelley Corman/ENRON@enronXgate, Christi Culwell/ENRON@enronXgate, Shonnie Daniel/HOU/ECT@ECT, Mary Darveaux/ET&S/Enron@ENRON, Rick Dietz/ET&S/Enron@ENRON, Dari Dornan/ET&S/Enron@ENRON, John Dushinske/ENRON@enronXgate, Sharon Farrell/FGT/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Bret Fritch/ENRON@enronXgate, Donna Fulton/Corp/Enron@ENRON, John Goodpasture/ENRON@enronXgate, Mary Hain/HOU/ECT@ECT, Steven Harris/ET&S/Enron@ENRON, Joe Hartsoe/Corp/Enron@ENRON, Glen Hass/ET&S/Enron@ENRON, Robert Hayes/FGT/Enron@ENRON, Rod Hayslett/ENRON@enronXgate, Bambi Heckerman/NPNG/Enron@ENRON, Theresa Hess/ENRON@enronXgate, Robert Hill/NPNG/Enron@ENRON, Staci Holtzman/ENRON@enronXgate, Tamara Hopkins/ENRON@enronXgate, Stanley Horton/Corp/Enron@Enron, Lee Huber/ET&S/Enron@ENRON, Martha Janousek/ENRON@enronXgate, Steven January/ET&S/Enron@ENRON, Steven J Kean/NA/Enron@Enron, Robert Kilmer/ENRON@enronXgate, Frazier King/ENRON@enronXgate, Steve Kirk/ENRON@enronXgate, Tim Kissner/ET&S/Enron@ENRON, Laura Lantefield/ENRON@enronXgate, Linda L Lawrence/NA/Enron@Enron, Blair Lichtenwalter/ENRON@enronXgate, Elizabeth Linnell/NA/Enron@Enron, Teb Lokey/ENRON@enronXgate, Phil Lowry/OTS/Enron@ENRON, Susan J Mara/NA/Enron@ENRON, Donna Martens/ENRON@enronXgate, "MARTIN, JERRY" <JERRY.MARTIN@ENRON.com>@SMTP@enronXgate, Dorothy McCoppin/ENRON@enronXgate, Mike W McGowan/ENRON@enronXgate, Mary Kay Miller/ET&S/Enron@ENRON, Michael P Moran/ENRON@enronXgate, Sheila Nacey/ET&S/Enron@ENRON, Kimberly Nelson/ENRON@enronXgate, Michel Nelson/ENRON@enronXgate, Ray Neppl/NPNG/Enron@ENRON, Dave Neubauer/ET&S/Enron@ENRON, Robert Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Christi L Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Ranelle Paladino/ET&S/Enron@Enron, Maureen Palmer/HOU/EES@EES, Zelda Paschal/ENRON@enronXgate, Geneva Patterson/NPNG/Enron@ENRON, Maria Pavlou/ENRON@enronXgate, "Peebles, Eileen" <Eileen.Peebles@ENRON.com>@SMTP@enronXgate, Keith Petersen/ENRON@enronXgate, Peggy Phillips/ENRON@enronXgate, Janet Place/NPNG/Enron@ENRON, Dan Pribble/OTS/Enron@ENRON, Tony Pryor/ET&S/Enron@ENRON, Colleen Raker/ENRON@enronXgate, Randy Rice/ENRON@enronXgate, Kathy Ringblom/ENRON@enronXgate, Linda Robertson/NA/Enron@ENRON, James Saunders/ENRON@enronXgate, Lisa Sawyer/ENRON@enronXgate, Donna Scott/FGT/Enron@ENRON, Susan M Scott/HOU/ECT@ECT, John Shafer/OTS/Enron@Enron, Richard Shapiro/NA/Enron@Enron, Mike G Smith/NA/Enron@Enron, Louis Soldano/ENRON@enronXgate, Lon Stanton/ET&S/Enron@ENRON, James D Steffes/NA/Enron@Enron, James Studebaker/FGT/Enron@ENRON, Jim Talcott/ENRON@enronXgate, Gina Taylor/ENRON@enronXgate, Denis Tu/FGT/Enron@ENRON, Michael Van Norden/Corp/Enron@ENRON, Stephen Veatch/ENRON@enronXgate, Donald Vignaroli/ENRON@enronXgate, Jody Warner/NPNG/Enron@ENRON, Kimberly Watson/ENRON@enronXgate, Julia White/ET&S/Enron@ENRON, Kim Wilkie/ENRON@enronXgate, Jane Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rob Wilson/ENRON@enronXgate, Michele Winckowski/ENRON@enronXgate, Lisa Yoho/NA/Enron@Enron cc: Subject: Enron Pipeline Comments in EL01-47 Attached are the comments that the Enron Pipelines filed in EL01-47 (Removing Obstacles to Increased Electric Generation and Natural Gas Supply in the Western United States):
I think there is only one point of view. We should defend Annex V. We want to preserve US$ 60 million in EBITDA for Elektro in 2001 Luiz Travesso (AES) was quite aggressive last Saturday in trying to convince me otherwise. Needless to say, he did not. My view was to defend contract sanctity, which for him is a [minor] detail. He screamed loudly and swore to God he was not going to pay if Tiete gets short. I said he would better discuss this issue in court, as opposed to killing the messenger. Demostenes (AES) defended the idea that ANNEX V is a risk sharing mechanism between Gs and Ds and because of this those should sit down again and agree on a new risk allocation mechanism. This is wrong. I helped design Annex V. The only reason why ANNEX V is there is to mitigate the isk for generators, not distributors. (statistically, a generator will not able to deliver its assured energy in 5 out of 100 years) Any amendment to Annex V will push risks/costs back to Elektro. The argument that rules are being changed is weak. No rules are being changed. Annex V was part of the initial contracts and prices accordingly. When Luiz Travesso replied that he overvalued Tiet during its privatization ?because he did not take Annex V into account I expressed my sympathy. I told ?him to hire more competent investment banks next time. ??We should not fall into the trap of killing Annex V because all generating ?companies will be bankrupt, as Luiz claims. ??LM?????Orlando Gonzalez?05/19/2001 09:32 AM?To: sergio.assad@enron.com?cc: Luiz Maurer/SA/Enron@Enron, Fred Sampaio/SA/Enron@Enron, Joao Carlos ?Albuquerque/SA/Enron@Enron, Joe Kishkill/SA/Enron@Enron, Jose ?Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT ??Subject: Re: Generators want to kill Annex V ??After today's round of meetings please schedule a call tomorrow to review ?Enron's position on all these points. Sergio Please coordinate and ask ?Cristina to set up. I suggest mid morning on Sunday so we have time to ?adjust. I do not want to defend two or three points of view on the same ?subject as Enron.????Luiz Maurer?18/05/2001 22:21?To: Debora Klinger/SA/Enron@Enron?cc: Sergio Assad/SA/Enron@Enron, Fred Sampaio/SA/Enron@Enron, Joao Carlos ?Albuquerque/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Joe ?Kishkill/SA/Enron@Enron, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT ??Subject: Re: Generators want to kill Annex V ??Debora??Good points.??Economic Equilibrium. You are right. We can claim it. However, it may be ?virtually impossible to claim the opportunity cost of a foregone long ?position. I would not take this risk.??Your statement that ANEEL has no power to change Annex V makes me feel more ?confortable. It makes me believe that the right way of approaching the issue ?is to prepare a position paper on Monday and to deliver/explain it directly ?to Minister Pedro Parente. No need to spend time on consensus building on ?issues which are "zero sum game" by nature (two years of COEX have taught me ?this lesson). Let's preempt the issue by being faster and smarter. ??LM???? Debora Klinger? 05/18/2001 09:46 PM? ?To: Luiz Maurer/SA/Enron@Enron?cc: Sergio Assad/SA/Enron@Enron, Fred Sampaio/SA/Enron@Enron, Joao Carlos ?Albuquerque/SA/Enron@Enron, Orlando Gonzalez/SA/Enron@Enron, Joe ?Kishkill/SA/Enron@Enron, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT ??Subject: Re: Generators want to kill Annex V ??Maurer,??This is a very important issue. Although in case of loss to Elektro, we would ?always be eligible to claim for the reestablishment of the economic-financial ?balancing of the concession agreements, we would be, with no doubt, in a ?better position in case we can maintain the Annex V.??Regarding the ANNEL sympathy towards generator,s pressure, I don't believe ?ANEEL has the authority to interfere in a duly executed agreement, as it is a ?perfect legal act ("ato jur?dico perfeito"). Only the Union is competent to ?intervene in such acts, based on the public interest and the social well ?being.??I will work hard on the analysis of the matter and come back with further ?comments.??Thanks,?D,bora?????Luiz Maurer?05/18/2001 09:02 PM?To: Sergio Assad/SA/Enron@Enron, Fred Sampaio/SA/Enron@Enron, Joao Carlos ?Albuquerque/SA/Enron@Enron?cc: Orlando Gonzalez/SA/Enron@Enron, Joe Kishkill/SA/Enron@Enron, Jose ?Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Debora Klinger/SA/Enron@Enron ??Subject: Generators want to kill Annex V??The rumor mill says that generators want to revoke Annex V. No surprise. The ?bad news is that it seems that Aneel likes the idea.??This may represent a US$ 60 million loss to Elektro, only in 2001. ??Distribution companies are [aparently] against this measure. However, D/Cs is ?short position will [likely] applaud the idea (to avoid costly exposures in ?the MAE)??An Abradee group was created to think about the issue. Joao and Fred will ?participate tomorrow.??A few supporting arguments.??1) Contract sanctity. Why changing the rules in the middle of the game if ?Annex V was designed specifically to deal with rationing conditions? ??2) More subtle argument. The risk of being exposed is the only economic ?incentive for a D/C to reduce its load. Otherwise, we will have a classical ?"free ride" problem: D/Cs will not put any effort to reduce their ?loads/revenues and will advocate for an ex-post adjustment on ICs based on ?verified load reduction. We can build a case that in the absence of this ?exposure, D/Cs will have no incentives to work hand in hand with their ?clients to foster load reduction and the whole program will fail.??Debora is working on the legal aspects of Annex V, taking into account the ?new MP. Sergio has talked to a few lawyers to get their views/written ?opinions.??What about writing a letter to Pedro Parente as Enron, exploring those issues ?and explaining why Annex V is so important to the success of the whole ?program? (the free ride issue)??LM???????????
Tom, From previous notes, which I bcc'd to you, looks like I'm "in business". I've really appreciated your two recent e-mails (as I have all of them). Had gone to the Tribune web site (something I'd done before, in order to show my friends here your picture, and brag a bit) looking for info on percepctive section, but probably due to my bad searches didn't unearth it. You explanation was very important. Also important were your comments on what struck you about what I've been writing. Those kind of comments are the best kind. Often, when writing, its hard to know what works and what doesn't work. Perhaps the most important thing, however, is that the article will be published by "Tom Skilling's" brother. Though nothing's been published yet, and I shouldn't write as if that's a certainty (afraid of bad luck), would never had gotten close to this opportunity without you. I'm very grateful. Love you and looking forward to both of us experiencing how this ol' newspaper media machine works (something with which I guess you are all to familiar). Mark-O >From: <tskilling@tribune.com> >To: "Mark Skilling" <markskilling@hotmail.com> >Subject: IT'S FABULOUS! >Date: Wed, 25 Aug 1999 13:25:22 -0500 > > > Mark-- > My read on this is that it's terrific. You personalize this >tragedy in >a way only one familiar with the area and its people can. You take me >through >the whole experience in a way I've not visited the subject before. > I'm not an editor---but it strikes me that this is just the sort of >insight into a calamatous event of our day that the Tribune seeks in its >Perspective section. > Editing is always a devil and I suspect you are a lot better at it >than I >am--knowing the subject as completely as you do. You probably are right >that >introducing the reader right up front to the notion this is about the >unimaginable tragedy about which we've been hearing for days now is a good >idea. >But, my sense is that you've infused this piece with an "on the ground and >there" feel which can only come from one uniquely familiar with this >devastated >city and region. > You're definitely on the right track, Mark. Congratulations. It will >be >interesting to how the Perspective people feel. I think they're going to be >pleased. What a job!! > Thanks for sharing this with me, Mark. Look forward to hearing how >this >proceeds. As I've said before, you're introducing me to a place and events >with >which I have no personal familiarity. After reading your work, I feel a >kinship >with the people and place and the misery that's been imposed on them and it >by >nature. Fascinating! > Love you Mark. This is no easy assignment---yet you've done a >beautiful job >in trying circumstances. Again, congratulations! > > Tom > >______________________________ Reply Separator >_________________________________ >Subject: <no subject> >Author: "Mark Skilling" <markskilling@hotmail.com> at Internet_TCO >Date: 8/25/99 9:32 AM > > > > >Dear Bill, > >Hope all is well. > >The piece, which is cut and pasted in below, is a too long now, at some >1400 >words. > >The first paragraph could go, I suppose, though I think it gets in some >historical information that has not been in anything else I've been >reading. > Also, I think it is important that Turkey has for many years been caught >in a tremendous struggle accommodating its rich cultural heritage with the >demands of the present. (It's fair to say that this struggle is one of the >main reasons I first became interested in Turkey.) The "present" suffered >a >huge setback with the quake, in that not only did the modern, secular >government fail terribly, but so did the modern buildings. That the >repairs >to the old city wall crumbled, but the not ancient wall itself, seems an >apt >symbol of this. > >Maybe the stuff on San Francisco can go, though I guess it is interesting >that I lived through both experiences. Also, the paragraph about pre-quake >hospitality is not really necessary. > >Perhaps a more general pruning job, rather than the crude removal of entire >paragraphs, would do the job. Then again, you will probably have all >together different ideas. > >I look forward to working with you all on this. > >Mark > >* * * > >From my living room, I look down a hill, over a collection of red tiled >rooftops, to the Golden Horn. This river, once beautiful and fast flowing, >is now stalled and polluted. On the other side of the Golden Horn are the >hills where the ancient city Byzantium -- later to be called >Constantinople, >later still Istanbul -- was founded some 2 1/2 thousand years ago. Above a >cement colored smear of apartment buildings of much more recent vintage, I >can make out the outlines of towers that were part of defensive walls first >started in the sixth century, nearly 1 1/2 thousand years ago. They are >now >rotten with age, though parts had recently been rebuilt for tourists. Some >of these restored parts collapsed during last Tuesday's earthquake. The >ancient parts were left untouched. > >Less than a block away is the minaret of our small, neighborhood mosque. >From here you can hear, five times a day, its "ezan" or call to prayer. >That call is now as if a lament. The muezzin's voice seems fuller, more >emotional than usual. He sings in Arabic, which I don't understand, but >I've read that his call reminds the believers that "God is most great" and >tells them to "Come to prayer, come to prosperity." I listen carefully, >for >signs of doubt about God's mercy and compassion. But I detect no doubt at >all. Instead, it is simply beautiful and sad, and despite not >understanding >what he sings, very moving. > >In the past few days I have heard many sad, tired people say automatically, >and surprisingly without bitterness, that "Allah verir, Allah alir [God >gives, God takes away]." And much has been taken away. The death toll >from >last Tuesday's earthquake is likely to exceed 40,000, with an equal number >injured. Up to 200,000 have been left homeless. Millions more in the days >immediately following the quake chose to sleep outdoors, including me, >afraid of the aftershocks. All over Istanbul, in the parks and squares, >even on narrow medians between busy streets, entire families spent the days >and nights on blankets spread out on the ground. In the grassy Hippodrome >along side the spectacular Blue Mosque and in the gardens between that same >mosque and the Sancta Sophia -- where you would normally expect hundreds of >tourists to be milling about -- it was as if a great migration was taking >place. Many of the women wore brightly colored headscarves. Other women, >despite the heat, were dressed from head to toe in more somber black. Some >families brought portable propane burners to make the their beloved tea. >Many more had lugged along pillows and mattresses, others string and rope >which they strung between trees and posts and hung sheets for a bit of >privacy. > >On the nights immediately after the quake, I was grateful to receive an >invitation to join my friend Ismail's family, and the family of a friend of >his, to spend the night in a little park in the hills above the Bosphorus >Bridge. The Bosphorus Bridge is a huge, modern suspension bridge >connecting >Europe and Asia that looks like a gray version of the Golden Gate Bridge in >San Francisco. With the bridge's hulk looming seemingly helplessly below >us, I shared a corner of a colorful Turkish blanket covering the ground. >We >drank tea, smoked cigarettes and joked about being "gocebe [nomads]", and >about the Turks finally returning to their forgotten nomadic roots. I >practiced my Turkish with the children, who, unlike most older Turks, were >able to correct me in English. During the night, while I slept, someone >put >a jacket over me. > >Now that the rains and cooler weather have come, and the experts have given >an all-clear sign, most of us have returned to our homes. Back in my >apartment, I glance at my walls, at my ceilings, find it impossible not to >think of all those still buried underneath theirs. Last night, at our >favorite tea garden, I joined Ismail and his wife, Dilek, who had just >learned that three of her cousins had died in Adapazari. We talked about >whether people here will ever be able to forget, return to something of a >normal life. It hadn't started raining yet, so we stayed late, admitted to >being a bit nervous about returning home. > >The government and the army are being severely criticized in the local >press >and on the streets, as are the construction contractors. There have been >other problems as well. In an open area near the caf? I mentioned above, >where dozens of families had come to spend the night, an old man had his >shoes stolen. I was told the story of a Turk in Yalova, one of the hardest >hit areas, selling bottled water for 1.5 million TL ($4 dollars), ten times >the normal price. (That profiteer, however, was apparently beaten >subsequently by the storyteller himself, while a nearby policeman did >nothing to intervene.) > >Yet notwithstanding the widespread and no doubt legitimate anger at the >official response, that of ordinary Turks has been overwhelming and >impressive. A large truck from my relatively poor, working class >neighborhood was quickly filled with needed supplies -- water, bread, >medicine -- and sent to one disaster site. The company of one of my >student's sent along a similar truckload of supplies, and has now set up a >fund to collect money for the homeless. The same is true of business group >to which the company of a dear friend of mine, Sukran, belongs. Efforts >like these have been going on everywhere. In addition, thousands of people >from all over Turkey have gone to the stricken areas to help, including >Kurds who want to prove their commitment to the Turkish State. > >I recall the criticism I heard after the 1989 San Francisco "World Series" >Earthquake, which I unfortunately experienced as well. Though admittedly a >much less serious affair, the cries about lax enforcement of building codes >were similar. Everyone promised to do better, and I hope they have. I >recall my own pathetic plans, never implemented, to prepare for the next >"big one". I had cut an article out of the paper, which listed the >emergency supplies that should be kept close on hand. Though I kept that >list near to the top of my pile of important papers, over the years it >simply grew yellow and torn. I finally threw it away at the time I packed >up for my move to Istanbul. Significantly, before I left San Francisco >last >fall, damage from that quake was still being repaired, some ten years >later, >and complaints could still be heard about the government's continuing >failure to enforce building codes rigorously enough. > >My experience since coming to Istanbul has been one of almost unending >Turkish hospitality. I could have been left alone, but was not. When I >first came here, on vacation, some two years ago, I meet a fine man, Ilyas, >who makes Saz (a stringed musical instrument that is as important here as >the guitar is in America) and bought a beautiful one from him. When I >returned to Istanbul, this time to live, I visited Ilyas again, to say >hello >and talk about possible Saz lessons. When he learned I was looking for an >apartment, he took most of the next day off and showed me around his >neighborhood, eventually helping me to find the place I now live. The >lessons he eventually gave me were free. My friend Ismail has spent >countless hours with me, roaming the city, looking for deals on used >furniture. He and his wife have also lent me a beautiful rug, a blanket, >and several other very useful items in my apartment. I occasionally get >gifts from my students, and never an unkind word from anyone. After the >earthquake itself, several of my Turkish friends kept in constant touch >with >me. > >Several days ago, on the television, I saw and heard a crowd burst into >applause. A young boy had just been rescued from one of the many collapsed >buildings. Except for being dusty, he appeared unscathed. As they carried >him to an ambulance a reporter followed, asking him questions. Were you >scared? "Cok korktum [very scared]!" He response was perky. He was >clearly delighted to be back in the world, by the attention he was getting. >Then he was asked about his family. His eyes grew wide, his face long. >"Annem [my mother], kardesim [my sister/brother], sesleri duydum [I heard >their voices]. Duydum!" By the time they reached the ambulance, he was >screaming. "Sesleri duydum! Sesleri duydum!" > >I hope the rest of the world hears Turkey's cries for help. "Insallah, >daha >iyi olacak [With God's help, things will be better]." Insallah. Turkiye, >iyi sanslar. From all of us, good luck. > >August 25, 1999 >Istanbul, Turkey > > > >______________________________________________________ >Get Your Private, Free Email at http://www.hotmail.com > > ______________________________________________________ Get Your Private, Free Email at http://www.hotmail.com
-----Original Message----- From: "Bonnie Lathram" <blathram@LMNArchitects.com>@ENRON [mailto:IMCEANOTES-+22Bonnie+20Lathram+22+20+3Cblathram+40LMNArchitects+2Ecom+3E+40ENRON@ENRON.com] Sent: Wednesday, July 25, 2001 3:02 PM To: Scott, Susan M. Subject: RE: more seattle advice Tell me about the rest of your trip/ it was so fun seeing you again and meeting monique. luke and i both had a really good time i want to hear all about kayaking, etc as i have not yet tried it in seattle. hope the weather was nice. we were up in the mountains and it was chilly and kind of cloudy (but really nice- we saw a black bear and a few rainbows)- just gorgeous now back to hot and sunny down in houston, huh??? well i hope yall had fun and it was great seeing yuo maybe i will see you soon, if i can ever get to going down to houston to see brad and lisa and my little sister make sure you tell lisa hello for me Take care bonnie -----Original Message----- From: Susan.M.Scott@enron.com [mailto:Susan.M.Scott@enron.com] Sent: Tuesday, July 17, 2001 3:16 PM To: Bonnie Lathram Subject: RE: more seattle advice Thanks Bonnie...we're staying at the Mayflower Inn. I'll give you a call on your cell phone when we get to town. It may not be until Friday though since our plane gets in late...but I'll call none the less. Susan -----Original Message----- From: "Bonnie Lathram" <blathram@LMNArchitects.com>@ENRON [mailto:IMCEANOTES-+22Bonnie+20Lathram+22+20+3Cblathram+40LMNArchitects+ 2Ecom+3E+40ENRON@ENRON.com] Sent: Tuesday, July 17, 2001 10:30 AM To: Scott, Susan M. Subject: more seattle advice hey i emailed one of my friends and asked her about kayaking,etc. when i get a chancce i will look up some internet sights that might have info on that sort of thing in seattle. if you have a sec, you may want to try seattleinsider.com--- i think they are supposed to be pretty good and helpful i havent talked to luke yet, so i dont exactly know my plans for the weekend unfortunately.... i am thinking that i will head to whistler on early saturday morning, and that way i can go to dinner with you and your friend on friday night, or head out and have drinks, or both, or whatever yall want to do! the weather is supposed to be great this weekend, but with seattle you never know. my MAJOR SUGGESTION is that you bring some sort of light jacket for sure, or a pullover or something. it gets so darn cold at night- believe me you will be glad. plus on the ferry ride over to san juans it could get kind of chilly if you are sitting outside. ive already given you my cell phone number i think (206.851.9177) definitely call me when you get in town on thursday night or on friday. the number i have given you is my cell phone and you can call me anytime on it. if i dont answer, i check it frequently and you can leave a message and ill call you back. very exciting to have visitors from texas. see you friday hopefully. oh, where are you staying? bonnie -----Original Message----- From: Scott, Susan M. [mailto:Susan.M.Scott@ENRON.com] Sent: Monday, July 16, 2001 7:54 AM To: Bonnie Lathram Subject: Tour Guide Hi Bonnie, How are you doing? Lisa said you'd broken your foot recently and have been stuck on crutches...which I'm guessing is no fun when you're riding public transportation. Anyway, I was writing to see if you might have some suggestions of things to do and places to go while in Seattle. One of my co-workers and myself are flying up Thursday for a long weekend in your fair city and were hoping to get a few pointers. I hope you're still enjoying things as much as you were a few months ago. It looks like you may have changed jobs already, which I trust is a good thing for you. I'm very anxious to see the city and all it has to offer...there is a part of me that has always thought I'd like to live in the Pacific Northwest for a while (so this will be a little bit of a research trip for me). If you could start thinking of suggestions for restaurants, bars, outdoor activities, etc. that would be great, and maybe if you're in town we could get together for a meal or a drink. Thanks a bunch, Susan
Lets talk about this on the 4th or 5th. I'll have Martha set up a meeting. Note that this will catch the Sempra negotiated rate deals, but not our January deals (yet). DF ---------------------- Forwarded by Drew Fossum/ET&S/Enron on 12/27/2000 11:02 AM --------------------------- Shelley Corman 12/27/2000 10:27 AM To: Stanley Horton/Corp/Enron@Enron, Mary Kay Miller/ET&S/Enron@ENRON, Drew Fossum/ET&S/Enron@ENRON, Julia White/ET&S/Enron@ENRON, Steven January/ET&S/Enron@ENRON, Nancy Bagot/OTS/Enron@ENRON, Steven J Kean/NA/Enron@Enron cc: Subject: Attached is a copy of the data request that we received in the San Diego proceeding. Many other parties, including Kern, Mojave, Burlington etc received data requests as well. FEDERAL ENERGY REGULATORY COMMISSION WASHINGTON, D.C. 20426 December 22, 2000 Mary Kay Miller Vice President, Rates and Certificates Transwestern Pipeline Company 1111 South 3rd Street Omaha, ME 68124-1000 Re: San Diego Gas & Electric Company Docket No. RP01-180-000 Dear Ms. Miller: In order for the Commission staff to fully evaluate the request for emergency relief, we require information in addition to that which was submitted by San Diego Gas & Electric Company in its petition and the intervenors in their comments and protests. Pursuant to section 14(a) of the Natural Gas Act, 15 U.S.C. 5 717m(a)(1994), please respond to the attached data requests no later than January 16, 2001. Response(s) should be filed with the Secretary of the Commission and provided to all intervening parties in the proceeding. In addition, please provide a copy of the response(s) to James A. Pederson (Room 72- 27). To the extent you believe privileged treatment is appropriate, section 388.112 of the Commission's regulations sets forth the procedures for requesting such treatment for some or all of any information submitted to the Commission. The Secretary of the Commission will place documents for which privileged treatment is sought (in accordance with section 388.112) in a nonpublic file while the request for privileged treatment, or any challenge to such request, is pending before the Commission. Sincerely, Daniel L. Larcamp, Director Office of Markets, Tariffs and Rates cc: All Parties Enclosure , Enclosure 1. For the months of November and December, 2000, provide the following information for each contract for transportation to the California border: a. contract demand by shipper; b. the daily scheduled volume by shipper; c. the daily delivered volume by shipper; d. whether the service is firm or interruptible; e. the rate charged; f. term of the contract; and g. receipt and delivery points associated with the contract. 2. For each transaction identified in Question 1, provide an explanation for any difference between scheduled volumes and delivered volumes. 3. Provide an explanation for any rate charged below the maximum tariff rate. 4. For the months of November and December, 2000, provide the following information for each capacity release transaction for transportation to the California border: a. the transaction or contract identification number, or offer number; b. the name of the releasing shipper; c. the name of the acquiring shipper; d. the contract quantity; e. the term of the contract; f. the acquiring shipper's contract rate; g. the releasing shipper's contract rate; and h. any special details pertaining to the contract. 5. For the months of November and December, 2000, provide the daily flowing capacity and maximum pipeline design capacity (based upon scheduled nominations), both for the system generally, and to California. 6. Provide an explanation for each instance during November and December, 2000, that the daily maximum available pipeline capacity is below the peak day design capacity. 7. Provide an explanation for any daily variance during November and December, 2000, in the maximum available pipeline capacity.
The ERCOT Board approved the congestion zones for next year, 2001. The ERCOT Board accepted the 3 CSC 4 CM Zone model for use in commercial congestion management for 2002. Effective date is January 1, 2002. The three CSC's are Graham-Parker 345 kV DCKT, Sandow-Temple 345 kV DCKT and STP-DOW 345 kV DCKT. The four CM Zones are West02, North02, South02 and Houston02. A power point presentation along with a map is available at ftp://ftp.ercot.com/CSCDATA/csc.htm. Current Congestion Cost and Outlook. The congestion charges that have been incurred are 55.6 million or 137 million depending on the methodology used to calculate the charge. If you look purely at the scheduled MWs then it is 137 MM based upon the ERCOT protocols. The actual cost to redispatch and clear congestion as of Sept. 22, 2001 was 55.6 MM. Both obviously are very high considering it is for one month of operation. When the 20 MM trigger was hit August 14, 2001, ERCOT has 6 month by Protocol and reaffirmed in the commission order to implement the full zonal model. This means that there will no longer be an uplift of interzonal congestion, rather a direct assignment of the charge. The charge may be partially offset by the TCR that will be auctioned. The PUCT has indicated an interest to move to direct assignment prior to the development and implementation of a TCR instrument as a hedge. I am chairing the congestion management working group that is deciding the TCR issue and will be dealing with the local congestion issues when that trigger has been hit. I will attach a copy of the current draft of the TCR white paper. In short, the TCR is a financial option that can be purchased as hedge against zonal congestion. There is no physical requirement for the TCR in that you do not have to physically schedule to receive the benefit of the TCR. There will be an auction on or about the 4th of February, 2002 and the full zonal implementation will take place February 15, 2002. The tentative schedule is as follows: ? 10/5/01 - Distribute draft TCR White Paper ? 10/22/01 - Review and edit draft TCR White Paper ? 10/30/01 - Distribute TCR White Paper to WMS ? 11/1/01 - WMS Meeting; vote on PRR ? 11/8/01 - TAC Meeting ? 11/19/01 - Board Meeting ? 12/4/01 - ERCOT issues notice of TCR Auction ? 2/15/02 - First effective date of TCRs and direct assignment of CSC Congestion Costs Capacity Auction. The capacity auction workshops have begun to rework that capacity rule and problems experienced with the last round. There was an initial discussion on the problems that were experienced with credit and how the standard was one-way and the buyers of capacity were left without recourse. There was a subsequent conference call with the credit professionals to discuss the issues ( I did not participate) and there will be an additional meeting on the 19th. The purpose of the short-term meeting are to rectify issues such as credit and documents prior to the March and July 2002 auctions. Substantive issues such as the actual products, zone determination and the auction process will be part of a rulemaking prior to the September 2002 auction which includes annual products. Protocol Implementation. ERCOT is in the process of determining what should be included in the Phase II design which will begin January 2001. There is a priority list that is currently under review by ERCOT vendors to determine lead times of Phase II items in an attempt to deliver Phase II items ASAP. Parviz Adib from MOD stressed that there are certain issues that the PUCT expects to be addressed in Phase II. Issues that do not require major system changes might still be doable in Phase II if the PRR Process is started immediately. There is a placeholder in the Protocols related to BULs and loads acting as resources. Mechanism for Simultaneous Procurement of Ancillary Services. The PUCT has expressed concern that there could be price reversals associated with the ancillary services market (if it is assumed that the various ancillary services have different levels of value to the market). The Board had approved a contingency plan to allow price modifications in the early markets, however the plan has not been implemented. The WMS discussed, at length, the issue of simultaneously clearing all three markets - non-spinning, regulation, and responsive reserve. A task force was formed to initially identify the principles for developing a mechanism for simultaneous procurement of ancillary services issue. It was suggested that a consultant be hired to develop Protocol language once the principles are identified. The first task force meeting was cancelled and has not been rescheduled. Demand-Side Task Force. Jay Zarnikau reported on activities of the Demand-Side Task Force that is addressing Balancing Up Load (BUL) Market Issues and other demand-side issues. The PUCT expects the full functionality to be in place on January 1, 2002. The DSTF met last on October 1st (third meeting). The DSTF completed a draft status report on Demand-Side Resources and Demand Responsiveness. It was noted that the work of the DSTF is not complete and has not been approved by any ERCOT Committee or the Board. However, ERCOT was required to file a report on these issues in the STF Report. The report reviews the policy considerations that have prompted interest in the demand side of ERCOT's market, reviews the PUCT's directive, reviews the role of demand-side resources in ERCOT's markets, and identifies the issues and impediments that the DSTF is presently addressing. It also summarizes the options discussed by the DSTF to date. The PUCT staff has suggested that ERCOT hire a consultant, such as Eric Hirsch, to provide more resources for this effort. The group expects to wrap up BUL issues and address direct load control issues at its next meeting. Unit Specific Deployments. At the next WMS meeting October 24, 2001, there will be a discussion regarding unit specific deployments and ERCOT will discuss the issues and the difficult that participants are having to meet the ramp rates of the deployments. The WMS will develop a list of issues and case studies for ERCOT to discuss. The WMS also briefly discussed PRR 282 related to defining OOME as an Instructed Deviation.
---------------------- Forwarded by Sandra F Brawner/HOU/ECT on 01/17/2001 03:28 PM --------------------------- "Pamela Anderson" <pama9@flash.net> on 01/17/2001 01:59:09 PM To: "Sandra Brawner" <Sandra.F.Brawner@enron.com> cc: Subject: Fw: IT'S GOOD TO BE A MAN Sandra, I think you will enjoy this one. I can see you giggling right now. Pam ----- Original Message ----- From: Sue Caldwell <sue@mbainsurance.net> To: Pam Anderson <Pama9@flash.net> Sent: Wednesday, January 17, 2001 12:54 PM Subject: Fw: IT'S GOOD TO BE A MAN > > ----- Original Message ----- > From: "Steve Tietjen" <stasports@mindspring.com> > To: "Abbey Lynch" <klynch@flyfrontier.com>; "Brenda & Don Ott" > <b&dott@onemain.com>; "Cal & Lisa" <tacoma@iws.net>; "Debbie Kerinke" > <dkerinke@ddrcco.com>; "Diane JENSEN" <dejensen@qwest.net>; "Ed & Jan > Boykin" <edjanboykin@aol.com>; "Frank Stasko" <fstasko@4dvision.net>; "Kelly > Lynch" <klynch@flyfrontier.com>; "Kenney Turnbaugh" <xbananasx@hotmail.com>; > "Leslie Freedman" <lafreedman@uswest.com>; "Marty Scott" > <user21275@uswest.net>; "Sandee DeVore" <sandraDV@aol.com>; "Steve Wilbur" > <swejon@uswest.net>; "Sue" <sue@mbainsurance.net>; "Terry Lackey" > <twlackey@aol.com> > Sent: Wednesday, January 17, 2001 11:20 AM > Subject: FW: IT'S GOOD TO BE A MAN > > > > > > > > > IT'S GOOD TO BE A MAN > > > > > > >Your last name stays put. > > > > >The garage is all yours. > > > > >Wedding plans take care of themselves. > > > > >Chocolate is just another snack. > > > > >You can be president. > > > > >You can wear a white T-shirt to a water park. > > > > >Car mechanics tell you the truth. > > > > >You don't give a rat's ass if someone notices your new haircut. > > > > >Same work...more pay. > > > > >Wrinkles add character. > > > > >Wedding Dress $5,000; Tux rental $100. > > > > >People never stare at your chest when you're talking to them. > > > > >New shoes don't cut, blister, or mangle your feet. > > > > >One mood, ALL the damn time. > > > > >A five-day vacation requires only one suitcase. > > > > >You can open all your own jars. > > > > >You can kill your own food. > > > > >You get extra credit for the slightest act of thoughtfulness. > > > > >Your underwear is $8.95 for a three-pack. > > > > >Three pairs of shoes are more than enough. > > > > >You can drop by to see a friend without having to bring a little > gift. > > > > >If another guy shows up at the party in the same outfit, you just > might > > > > >become lifelong friends. > > > > >You are not expected to know the names of more than five colors. > > > > >You don't have to stop and think of which way to turn a nut on a > bolt. > > > > >You almost never have strap problems in public. > > > > >You are unable to see wrinkles in your clothes. > > > > >The same hairstyle lasts for years, maybe decades. > > > > >You don't have to shave below your neck. > > > > >One wallet and one pair of shoes, one color, all seasons. > > > > >You can "do" your nails with a pocketknife. > > > > >You have freedom of choice concerning growing a mustache. > > > > >Christmas shopping can be accomplished for 25 relatives on December > > > > >24th, in 45 minutes. > > > > > > > > > > > > > > > > > > > - > > > >
California gets cold shoulder in capital BUSH HIT LIST? Critics say president wants state to suffer for political, environmental actions. By David Whitney, Scripps-McClatchy Western Service WASHINGTON -- When Vice President Dick Cheney met with members of the Pacific Northwest congressional delegation to talk about the West Coast electricity crisis last month, Californians were kept out of the room. According to Rep. Jay Inslee, D-Wash., Cheney wouldn't schedule a meeting if anyone from California was going to attend. "Cheney didn't personally tell me that, but his staff did," Inslee said later. "From Day One, the administration has tried to isolate California." It's not just the power controversy in which California finds itself on the outside. If it's Californians walking up the White House steps, these days the odds are high that no one will open the door. From insurance requirements on earthquake-prone federal buildings to proposals cutting support for alternative power sources, Democrats and even some Republicans are beginning to think that California is on Bush's hit list. "It's premature to say this new crew dislikes California," said Tim Ransdell, executive director of the California Institute for Federal Policy Research, a policy arm of the bipartisan, 52-member state congressional delegation. "But the early signals are that California is a lower priority than other states," Ransdell said. Consider the state's plea for better treatment on budget items. In February, when the White House released a broad blueprint of its 2002 budget, California lawmakers were stunned to see that it included $83 million in savings at the Federal Emergency Management Agency resulting from a requirement that public buildings be privately insured. On the surface, this seems like a reasonable request. But after dozens of insurance carriers declared bankruptcy under the weight of claims from the 1989 Loma Prieta earthquake in Northern California, no one knows whether it's even possible for cities such as Los Angeles and San Francisco to buy coverage. The disaster insurance idea was suggested last year during the Clinton administration, and the entire California delegation rose up to stop it. All 52 members, from the most conservative Republican to the most liberal Democrat, signed onto a letter saying that that at the very least the government ought to study the wisdom of shifting public money from improving the earthquake integrity of buildings to buying insurance. When Bush revived the idea in February, California Republicans thought the new administration didn't understand. The Republicans balked at attacking the idea in a joint letter with Democratic lawmakers, and instead launched a campaign to educate the White House on why a bad idea under the Clinton administration remained a bad idea now. It didn't work. Last week's final budget submission to Congress included the provision, unchanged. On another budget issue, the White House slashed by $135 million federal support that states receive for incarcerating undocumented criminals. Because California typically receives more than 40 percent of that pot, that cut alone would cost the state nearly $60 million. Ransdell said the administration's attitude toward the state is putting enormous pressure on Republicans. "California Republicans don't want to be in a position of criticizing the president at the very beginning of the administration," he said. But he said that as these issues heat up, he expects Republicans will soon start to break with the administration over issues on which they have been denied a voice. "I think they will fight back when they need to fight back," Ransdell said. The common explanation on why California is getting such lousy treatment is its politics. The state voted strongly for Al Gore in the November elections. All but one of its constitutional offices are occupied by elected Democrats. The state Legislature and congressional delegations are firmly in the grip of Democrats. And Gov. Gray Davis, a Democrat often mentioned as a possible challenger to Bush in 2004, is being hammered over the power crisis. Several sources also noted that the contrast may be more vivid because Clinton and Gore were closely allied with California entertainment and high-tech industries and often were in the state. "I think by this time in the Clinton-Gore administration, they had been here four or five times," said Bruce Cain, director of the Institute for Governmental Studies at the University of California-Berkeley. "This can be looked at in a number of ways," Cain said of the Bush administration. "The president may have decided that California is not essential to his re-election, and that he can win (in 2004) without the state," Cain said. "Also, he can use California as an object lesson to every other state that wants to go the route of environmentalism or openness to immigration: Let them suffer from their own policies." Leon Panetta, President Clinton's former chief of staff and a former California congressman, thinks the Bush administration's early treatment of the state is "very short-sighted." "The reality is that California is the sixth-largest economy in the world," he said. "To write it off for whatever reason just doesn't make a lot of sense." April 16, 2001
Our department will be migrated to Outlook in two groups. The first group will be migrated on Monday, June 11, and the second group will be migrated on Tuesday, June 12. You will receive four e-mails from the Outlook migration team. Please do not delete them. You will need to open the four e-mails and follow the instructions to migrate to Outlook. Assistants, you will be responsible for scheduling training for yourself and your assignments. It is recommended everyone attend a one hour training class. Training can be scheduled by contacting Maggie Cruz at extension 3-1816. (Assistants, please coordinate training with your backup so both of you are not in training at the same time.) Outlook migration specialists will be on the 38th floor to answer questions Tuesday and Wednesday, June 12 and 13. Listed below is useful information provided to us by the Outlook Migration team. E-mail Policies Users will be restricted to a Mailbox size of 100 MB. Further mailbox size restrictions are detailed as follows: Issue Warning at 75 MB - users are automatically sent a warning from the System Administrator explaining they are near their Mailbox limit. Prohibit Send at 100 MB - users are prevented from sending e-mail, yet they can still receive internal and external messages. Users must reduce the size of their mailbox by deleting old mail, saving attachments to a local drive, etc. before they can send e-mail again. Inbound/Outbound Mail Size Limits - inbound and outbound e-mail messages will be limited to a size of 10MB. Deleted Item Retention - users will be able to recover deleted items from their mailbox as old as 8 days. Deleted items include e-mail messages, folders, contacts, calendar entries, tasks, notes, journal entries and meeting notices. Archiving - archiving will not be a supported feature of Outlook 2000. Migration Preparation Clean Your Mailbox - due to new space limitations on your mailbox, you are advised to clean your Notes mailbox of old, unneeded messages BEFORE migration. If you are at the 100MB limit on the day of migration, you will not be able to send messages once you are in Outlook. Limits on Items Migrated - from the day of your migration, only 30 days of old mail will be migrated from your mailbox. This includes mail in your inbox and other folders. Calendar items dating back one year from the day of migration will be migrated (with the exception of repeating appointments). The following people will be migrated Monday evening, June 11. Adams, Suzanne Bushman, Teresa Cash, Michelle Clark, Bart Corbet, Nancy Daniels, Eddy Davis, Angela Dickson, Stacy Edison, Andy Elbertson, Janette FitzGerald, Genia Flores, Nony George, Robert H. Goode, Diane Guinn, Linda Haedicke, Mark Hansen, Leslie Hearn, Ed Heinitz, Mary Hodge, Jeff Legal Temp 1 Legal Temp 2 Legal Temp 3 Legal Temp 4 Mann, Kay Maxwell, Matt McCullough, Travis Meraz, Claudia Mellencamp, Lisa Milligan, Taffy Moore, Janet H. Nemec, Gerald Nettelton, Marcus Ogden, Mary Perlingiere, Debra Portz, David Sager, Elizabeth Sanders, Richard Simmons, Linda Sol,, Carlos St. Clair, Carol Sweet, Twanda Tweed, Sheila Van Hooser, Steve White, Ann Elizabeth Zucha, Theresa The following people will be migrated Tuesday evening, June 12. Aronowitz, Alan Bailey, Susan Boyd, Samantha Braddy, Martha Bruce, Robert Bruck, Sarah Carolan, Dominic Castillo, Connie Collins, Harry Cook, Mary Crady, Ned del Vecchio, Peter Doucette, Margaret Farrell, Keegan Ferguson, Samantha Garcia, Nita George, Carolyn Gray, Barbara Greenberg, Mark Gresham, Wayne Haas, Merrill Heard, Marie Hendry, Brent Jones, Tana Keiser, Holly Koehler, Anne Korkmas, Deb Lauterbach, Elizabeth Legal Temp 5 Legal Temp 6 Legal Temp 7 Lindeman, Cheryl Lovelady, Steven Lyons, Dan Martinez, Mary Helen Mayer, Laurie Murray, Julia Heintz Nachawati, Majed Nelson, Cheryl Panus, Stephanie Pinto Leite, Francisco Rivera, Coralina Robison, Michael Rogers, Daniel Sayre, Frank Shackleton, Sara Shanks, Reginald Spencer, Becky Stoler, Lou Taylor, Mark Viverito, John Young, Randy Many thanks for your help in making this a smooth migration to Outlook. Nony Flores and Janette Elbertson
-----Original Message----- From: Jim Bannerman [mailto:jim@tejassmokers.com] Sent: Sunday, January 06, 2002 8:26 PM To: scott neal Subject: RE: order from Tejas web site Scott: Send me your check for $81.19 ($75.00 + 8 1/4% sales tax). I will send you the cover for the model 2436 steak/fajita grill by return mail. We pay the postage. Make the check out to: Tejas Smokers, Inc., 2414 Capitol, Houston, Texas 77003-3114. Regards, Jim Bannerman P.S. Check out the book: BORN TO GRILL . At 05:10 PM 1/6/2002 -0600, you wrote: Thanks for your help. I bought a grill from Jerald on Saturday. However, he did not have any vinyl covers in stock. Any ideas on where I might find one. Sincerely, Scott Neal -----Original Message----- From: Jim Bannerman [mailto:jim@tejassmokers.com ] Sent: Tuesday, January 01, 2002 11:15 PM To: sneal4@houston.rr.com Subject: Re: order from Tejas web site Scott: Thank you for your interest in Tejas Smokers. You have indicated an interest in a model 2436 steak/fajita grill and vinyl cover. You show a Memorial area address. Might I suggest that you visit the Jerald Bettes Company on 6105 West 34th Street. His phone number is 713 682 7901. The store is located between the old Hempstead Highway and US 290 (actually closer to the Hempstead Highway). Jerald is a knowledgeable pit master and has this model in stock. Sincerely yours, Jim Bannerman Tejas Smokers, Inc. Jim@tejassmokers.com (713) 932-6438 At 05:10 AM 1/2/2002 +0000, you wrote: ******************************************************************************* S1628_qty: G2436F_qty: 1 S1628cc_qty: S2040_qty: S2040cc_qty: S2430_qty: SmokeSpice: SublimeSmoke: VegetarianGrill: SouthwesternGrill: TexasHomeCooking: ChampBBQSauces: BorderCookbook: BornToGrill: Q1401Stainlesssteelsaucebowlswivelarm: Q1402Stainlesssteeltemperaturegauge: Q1403DeRustoBBQblackhitempspraypaint: Q1500Castironfishfryer: Q1500MCastironfishfryerdeluxe: Q1501Brassdrainvalve: Q1502ALoglighterassembly: Q1502Loglighterassemblydeluxe: Q1516Steelashpanforseries1628smokers: Q1520Steelashpanforseries2040smokers: Q1624Stainlesssteelshelfcoverforseries1628: Q2036Stainlesssteelshelfcoverforseries2040: c91628coverFor1628: c91628cccoverFor1628cc: c92040coverFor2040: c92040cccoverFor2040cc: c92430coverFor2430: c92436coverFor2436: 1 Q1505Replacementstainlesssteelwirehandle: Q1506Replacementcleaningtoolashrake: Q1507: pickup_at_warehouse: yes ship_to_me: I_am: Individual Name: Scott Neal Addres1: 13603 Pebblebrook Address2: City: Houston State: TX ZipCode: 77079 PhoneNumber: 713 853 4723 Email: sneal4@houston.rr.com comments: Jim Bannerman Tejas Smokers, Inc. Jim@tejassmokers.com (713) 932-6438 (713) 222-6096fax Jim Bannerman Tejas Smokers, Inc. Jim@tejassmokers.com (713) 932-6438 (713) 222-6096fax
My Top 5 1. ( ) *Up to the minute restructuring data. 2. ( ) Catalog of Enron public documents [policy talking points, handouts] 3. ( ) Thumbnail analyses by industry experts on various topics 4. ( ) *Enron formal documents [filings, comments, testimony] 5. Other - CUSTOMER NEWSLETTER / MONTHLY POLICY POSITION "push" -----Original Message----- From: Dernehl, Ginger Sent: Wednesday, October 17, 2001 2:26 PM To: Alamo, Joseph; Allegretti, Daniel; Allen, Joe; Alvarez, Ramon; Arefieva, Maria; Assad, Sergio; Assaf, Lisa; Barnes, Lynnette; Bellas, Kirsten; Benson, Eric; Bestard, Jose; Binns, Darran; Bolton, Scott; Boston, Roy; Braz, Gisele; Briggs, Tom; Buerger, Rubena; Burns, Stephen; Canovas, Guillermo; Cantrell, Rebecca W.; Comnes, Alan; Connor, Joe; Cooney, Carolyn; Crowther, Mark; Dasovich, Jeff; Davies, Philip; Dawson, Paul; Decker, Larry; Dernehl, Ginger; Devlin, Brendan; Dindarova, Nailia; Dressler, Jean; Duvauchelle, Antoine; Elms, Nick; Fitzgibbon, Tom; Floris, Vinio; Frank, Robert; Fromer, Howard; Fulton, Donna; Gaillard, Bruno; Glen, Merle; Gottfredson, Bryan; Grimes, Michael; Guerrero, Janel; Haizmann, Jan; Hamilton, Allison; Hardy Jr, John; Hartfield, Rita; Hawkins, Bernadette; Hemstock, Robert; Hennemeyer, Paul; Hetrick, Nancy; Hoatson, Tom; Huang, Karen; Huertas, Alfredo; Hueter, Barbara A.; Hughes, Llewelyn; Hunter, Bevin; Huson, Margaret; Hussain, Mustafa; Ibrahim, Amr; Imai, Makiko; Ingersoll, Richard; Irwin, Kerryann; Kaufman, Paul; Kean, Steven J.; Keenan, Amber; Keene, Patrick; Kimura, Takashi; Kingerski, Harry; Kishigami, Kikumi; Knight, Laurie; Landwehr, Susan M.; Lassere, Donald; Lawner, Leslie; Lawrence, Linda L.; Leibman, Lara; Leonardo, Sam; Levy, Alberto; Lindberg, Susan; Linnell, Elizabeth; Mara, Susan; Maurer, Luiz; McVicker, Maureen; Migden, Janine; Milano, Pamela; Miller, Terri; Montovano, Steve; Nersesian, Carin; Neustaedter, Robert; Nicolay, Christi L.; Nord, Sue; Noske, Linda J.; Novosel, Sarah; O'connell, Earlene; O'Day, Nicholas; Ogenyi, Gloria; Ozegalska, Justyna; Palmer, Germain; Perez, Carmen; Perez, Gus; Perrino, Dave; Petrochko, Mona L.; Pharms, Melinda; Reis, Jose Lucio; Reyna, Margo; Rishe, Frank; Rizzo, Helen; Roan, Michael; Robertson, Linda; Robinson, Marchris; Rodriquez, Andy; Ryall, Jean; Sampaio, Fred; Shapiro, Richard; Shelk, John; Shortridge, Pat; Staines, Dan; Steffes, James D.; Stephens, Sharonda; Stransky, Joan; Stroup, Kerry; Styles, Peter; Sullivan, Kathleen; Sullivan, Lora; Thome, Jennifer; Tiberi, Fino; Twiggs, Thane; Van Biert, Teun; Walton, Steve; Warner, Geriann; Watanabe, Mika; Wood, Doug; Yeung, Charles; Yoho, Lisa Subject: FW: Information needs survey - extended Please see note from Elizabeth below, and respond directly to Rita Hartfield by tomorrow!!! Ginger Dernehl Administrative Coordinator Global Government Affairs Phone# 713-853-7751 Fax# 713-646-8160 -----Original Message----- From: Linnell, Elizabeth Sent: Wednesday, October 17, 2001 1:56 PM To: Dernehl, Ginger Subject: FW: Information needs survey - extended I wanted to be sure that everyone had the opportunity to give their input if interested! If you haven't already responded, below is a list of potential/existing information resources and we invite you to identify your top five priorities (1=high). Responses should be directed to Rita Hartfield by tomorrow, October 18th. Thanks! Elizabeth -----Original Message----- From: Linnell, Elizabeth Sent: Friday, October 12, 2001 12:41 PM To: Dernehl, Ginger Subject: Information needs survey Ginger - Please forward to Gov't Affairs group. Thanks! We're trying to identify information needs - both specific and general. Many of these are already provided, and response to this survey will help in identifying new services and prioritizing/improving existing offerings. Depending on the response to each offering, most will likely be made available. For this effort, please rank up to five choices in the list below (1=highest). We'll tally the results, identify which items will have priority and communicate back how those needs will direct implementation efforts. Please note that items marked with (*) would require your input. Please click on Forward for this message to allow you to type in your ranking numbers, and send the response to Rita Hartfield by Wednesday, October 17. Thanks! Elizabeth ( ) Catalog of web resources. [Including websites, electronic documents] ( ) Catalog of Enron presentations and group member presentations. ( ) Catalog of statistical data and information (some in slide format). [Might include information like generation statistics, company information, various maps, customer migration data, and anything else of general interest and use.] ( ) Individual access to in-depth research tools [Might include access to Lexis.com, market data tools like PowerDat, etc] Most applications would require some level of training, and might involve subscription costs. ( ) Primary research contact assigned by subject matter expertise.. ( ) Catalog of Enron internal position statements ( ) Ad-hoc research upon request. ( ) News clipping services ( ) *Group calendar of significant events with links to associated documents. ( ) Catalog of print publications that we currently own that would be available for loan [books, periodicals, studies] ( ) How much time per week are you willing to spend to contribute to certain items (marked with *): hours
[IMAGE] Save 10% Speak No Evil, Hear No Evil Monkey Bikes... One of the Hottest Gifts for Holiday 2001... Just enter the coupon code MQJ36GX6 in the checkout process to receive your discount. Offer expires November 16, 2001. Want to win your Fantasy League? Our Fantasy Football Guides are the SOURCE for strategy, player ratings, scouting reports, team reports, projections and more! A must have for beginners and Fantasy veterans alike. Special in season price $9.99. Going Fast - Click Here! Save $.05 a gallon on the gas that keeps your car's engine clean. Click here to apply online. Brought to you by Sponsorship Bar You are receiving these e-reports because you have signed up for CBS SportsLine.com Fantasy Football. To customize, reschedule, or turn off these reports please click here NFL Reports, Player Updates [IMAGE]Latest NFL Player News Correll Buckhalter , RB PHI - Free Agent Updated 11/17/01 Buckhalter has been suspended for this weekend's game against Dallas. He is one of three Eagles who will be held out of the game. Brian Mitchell will likely serve as Duce Staley's backup. Jamal Lewis , RB BAL - Free Agent Updated 11/17/01 According to published reports, Lewis has been suspended for four games. Lewis' four-game suspension went into effect on Friday and he will not be allowed to work out or reha! bi! litate with the team for four weeks, or until Dec. 17. Instead, Lewis will work toward recovering from a torn ACL in Tennessee. Tyrone Wheatley , RB OAK - Giggles Updated 11/16/01 Wheatley (knee) is out for Sunday's game with the Chargers. Charlie Garner will once again be Oakland's feature back. Zack Crockett may be used in goal-line situations. Frank Wycheck , TE TEN - Matty Updated 11/16/01 According to published reports, Wycheck is expected to play half of Sunday's game against Cincinnati. That makes him a risky start from a Fantasy perspective. Steve McNair , QB TEN - Free Agent Updated 11/16/01 McNair's status is still in question for Sunday's game against Cincinnati due to an injured right thumb. He threw the ball during individual drills Friday, and according to published reports, is likely to play despite not being 100 percent. We don't recommend McNair this week as a result. Emmitt Smith , RB DAL - Bass/Hull Updated 11/16/01 Smith will return to the lineup Sunday against Philadelphia after missing two games with a sprained right knee. Cowboys Head Coach Dave Campo said after Friday's practice that Smith would "be ready to play the majority of the game." His return bumps Troy Hambrick to fullback, but we wouldn't recommend you use either back against the stingy Eagles rush defense. Frank Sanders , WR ARI - Free Agent Updated 11/16/01 Sanders (hamstring) was added to the NFL injury report on Friday and is now listed as questionable for Sunday's game against Detroit. However, if you're completely desperate for a wideout in a larger league this week, Sanders' matchup against a vulnerable Detroit secondary is worth considering as long as he's able to play. Chris Weinke , QB CAR - Tori Updated 11/16/01 According to published reports, Weinke will be the starting quarterback for Sunday's game against San Francisco. However, he's not worth starting on your Fantasy team. Daunte Culpepper , QB MIN - Giggles Updated 11/16/01 Culpepper is one pace for a good Fantasy season despite the lack of consistency in Minnesota's offense this season. He's one of the better quarterbacks in the league from a Fantasy perspective, and should be in your starting lineup on a weekly basis. Cris Carter , WR MIN - Tori Updated 11/16/01 Carter's numbers may be down somewhat this season, but he's still too good to ever consider benching. The veteran has a knack for finding the end zone, and should have a good game against rookie CB Will Allen and the Giants' secondary on Monday night. Randy Moss , WR MIN - Russell Updated 11/16/01 Moss is listed as probable for Monday's game against the N.Y. Giants due to an ankle injury. He's been underachieving this season, but it's almost impossible to bench him based on his potential to post solid Fantasy numbers. Ricky Williams , RB NO - Bass/Hull Updated 11/16/01 Williams is one of the better Fantasy backs in the league, and is a good player to use on a weekly basis. He'll face an Indianapolis defense that has been underachieving all season long, so Williams is a must-start. Aaron Brooks , QB NO - Matty Updated 11/16/01 Brooks had a big game against San Francisco last weekend, throwing for 347 yards and two scores. He may be a bit inconsistent this season, but his potential to post huge numbers makes it tough to bench him, especially against a vulnerable In! di! anapolis defense. Willie Jackson , WR NO - Martin Updated 11/16/01 Jackson put up a huge game against San Francisco last weekend, posting 11 catches and 167 yards receiving. He'll face a questionable Indianapolis squad that is vulnerable to the pass in Week 10, so starting Jackson this week is a solid option. Stephen Davis , RB WAS - Bass/Hull Updated 11/16/01 Davis has stepped up his play after beginning the season slowly. He's averaged 112 yards rushing over his last four games, and is once again emerging as a reliable Fantasy player. Give him the start in Week 10 against a Denver defense that is vulnerable to high scoring games. Tony Banks , QB WAS - Free Agent Updated 11/16/01 Banks has played well of late, throwing five touchdowns in his last three games. He's got a good matchup this weekend against a Denver team that can be beaten through the air, but he's only worth considering in very deep Fantasy leagues. Michael Westbrook , WR WAS - Free Agent ! Updated 11/16/01 Westbrook has been inconsistent this season, but he has caught three touchdown passes in his last four games. He'll face a Denver secondary this weekend that is vulnerable at best, so starting him in deeper leagues is worth considering. Rod Gardner , WR WAS - Free Agent Updated 11/16/01 Gardner has been held in check in his last two games, catching only three passes for 38 yards. He does have a favorable matchup this weekend against Denver, however, so starting him is a good move. Az-Zahir Hakim , WR STL - Neal/McKa! y ! Updated 11/16/01 Hakim has been inconsistent in recent weeks, so starting him on your Fantasy team is a gamble unless the matchup is right. He'll go up against a tough New England secondary in Week Ten, so avoid using him outside of deeper leagues. Torry Holt , WR STL - Tori Updated 11/16/01 Holt continues to put up consistent yardage totals, but he's only scored only three touchdowns this season. He'll face a tough New England secondary this weekend, but he's still worth starting on your Fantasy team based on his potential to put up solid numbers. Is! aa! c Bruce , WR STL - Frank Updated 11/16/01 Bruce hasn't put up the huge Fantasy totals this season, but he's still one of the better wideouts in the league. He'll face CB Ty Law and the formidable New England secondary, but he's still worth starting based on his potential for big numbers. Marshall Faulk , RB STL - Matty Updated 11/16/01 Faulk had a huge game against Carolina, proving that he is still the best Fantasy player in the league. He's a must-start every week, and should post solid numbers in Week 10 against New England. Ernie! C! onwell , TE STL - Free Agent Updated 11/16/01 Conwell has had a few down weeks, so starting him on your Fantasy team is somewhat of a gamble. With the lack of depth at tight end around the league, however, starting Conwell is something many Fantasy owners will have no choice but to do. Richard Huntley , RB CAR - Russell Updated 11/16/01 Huntley will be the likely starter this weekend against San Francisco, but don't be surprised if he splits carries with Nick Goings. Avoid starting either back in Week 10 if at all possible. Donald Hayes , ! WR! CAR - Martin Updated 11/16/01 Hayes had only two catches for 11 yards last weekend against St. Louis. He's been unreliable for Fantasy owners this season, so starting him is a real gamble. Wesley Walls , TE CAR - Free Agent Updated 11/16/01 Walls has been held in check over the last three weeks, but he's still one of the better tight ends in the league. He's had some success against San Francisco in the past, so starting him is advisable. Muhsin Muhammad , WR CAR - Martin Updated 11/16/01 Muhammad finally had a somewhat productive game, catching six passes for 75 yards against St. Louis. He's had some success in the past against this week's opponent, San Francisco, so starting him is a decent move. Brett Favre , QB GB - Frank Updated 11/16/01 Favre has been one of the best Fantasy quarterbacks in the league this season. He'll face an Atlanta team on Sunday with a very vulnerable secondary, so be sure to start Favre this week. Bubba Franks , TE GB - Free Agent Updated 11/16/01 Franks may not put up huge ! ya! rdage numbers, but his seven touchdowns in eight games makes him a valuable Fantasy player. Unless you have a better option on your roster, Franks is the type of tight end that should start on a weekly basis. Bill Schroeder , WR GB - Frank Updated 11/16/01 Schroeder (ankle) is not listed on the NFL injury report, and is expected to start on Sunday against Atlanta. He's a solid play this week against Atlanta, whose secondary is vulnerable to strong passing teams like Green Bay. More Updates Schedule, Breakdown [IMAGE] Frank Player Pos Points Favre, Brett QB 19.0 Dillon, Corey RB 12.0 Smith, Maurice RB 14.0 Bruce, Isaac WR 9.0 Smith, Jimmy WR 12.0 Thrash, James WR 18.0 Akers, David K 12.0 Titans DT 10.0 [IMAGE] TOTAL 106.0 [IMAGE] Plummer, Jake QB 10.0 Levens, Dorsey RB 0.0 Gary, Olandis RB 0.0 Hearst, Garrison RB 15.0 Mathis, Terance WR 0.0 Schroeder, Bill WR 16.0 [IMAGE] at Matty Player Pos Points Griese, Brian QB 21.0 Faulk, Marshall RB 31.0 Pittman, Michael RB 5.0 Gadsden, Oronde WR 7.0 Horn, Joe WR 21.0 Smith, Rod WR 7.0 Janikowski, Sebastian K 11.0 Giants DT 13.0 [IMAGE] TOTAL 116.0 [IMAGE] Glenn, Terry WR 0.0 Wycheck, Frank TE 1.0 Brooks, Aaron QB 27.0 Chapman, Doug RB 5.0 Johnson, Brad QB 13.0 Stokes, J.J. WR 0.0 [IMAGE] Copyright 2001 Commissioner.COM Inc and SportsLine.com Inc. Your site can be reached from http://fantasy.sportsline.com FB10SP
----- Forwarded by Mark Taylor/HOU/ECT on 08/03/2000 10:20 AM ----- George Zivic 08/03/2000 09:28 AM To: Mark Taylor/HOU/ECT@ECT cc: Subject: Confidentiality Agreement Mark, could you please review the attached CA from NextSet. we will not need to look at the LOI at this time. Please call me if this should be directed elsewhere or with any questions w/r/t information below. Thanks George Zivic 3-7489 ---------------------- Forwarded by George Zivic/HOU/ECT on 08/03/2000 09:21 AM --------------------------- Gillian Johnson 08/03/2000 08:57 AM To: David Weekes/LON/ECT@ECT cc: George Zivic/HOU/ECT@ECT Subject: Re: Next steps If we can find an attorney in Houston, I would be all for moving forward with it. The truth is that a 2 day delay will not ruin the relationship. Since I am on vacation today and tomorrow, I would ask George to investigate Houston lawyers. George I think we use Mark Taylor but please confirm this with Moazzam. Thanks. Gillian David Weekes 03/08/2000 03:03 To: Gillian Johnson/LON/ECT@ECT cc: Subject: Re: Next steps Gillian Apparently we are short of lawyers this week. Will it be OK to get back on this next week or do you want to show it to a lawyer in Houston ? David ---------------------- Forwarded by David Weekes/LON/ECT on 03/08/2000 09:04 --------------------------- David Weekes 03/08/2000 08:11 To: Gillian Johnson/LON/ECT@ECT cc: Subject: Re: Next steps Gillian Thanks - that makes sense. I will get legal to look at the CA. David Gillian Johnson 02/08/2000 20:49 To: David Weekes/LON/ECT@ECT cc: Subject: Re: Next steps George and I agree that we should not consider signing the LOI now, but should sign the CA so that we can share information and hold further discussions to jointly develop the nature of the relationship. In the LOI sent, they are making declarations that we have not fully flushed out, therefore, we are not prepared to sign that. Hope that helps. Thanks. Gillian David Weekes 02/08/2000 12:50 To: Gillian Johnson/LON/ECT@ECT cc: Subject: Re: Next steps Gillian Before I get legal and PR to look at this could you give me a bit more background on the potential arrangement with NextSet. I dont understand where the need for training will come in. I know that generally Enron has a policy of not being seen to endorse a client's products. PR may therefore have a problem with giving NextSet the ability to put our logo on their site. How important is this likely to be ? Regards David Gillian Johnson 02/08/2000 16:03 To: David Weekes/LON/ECT@ECT cc: Craig Chaney/LON/ECT@ECT Subject: Next steps ---------------------- Forwarded by Gillian Johnson/LON/ECT on 02/08/2000 15:58 --------------------------- Enron Capital & Trade Resources Corp. From: Anupam Mishra <amishra@NextSet.com> 01/08/2000 18:13 To: "'gillian.johnson@enron.com'" <gillian.johnson@enron.com>, "'george.zivic@enron.com'" <george.zivic@enron.com> cc: Leigh Clarke <lclarke@NextSet.com> Subject: Next steps Gillian and George, Thanks again for stopping by this morning. Per our conversation, I am attaching a mutual NDA and a standard LOI. With the former in place, we should both be able to get a little deeper into the technology to see if there is a strong fit between our respective companies. I would be very interested to introduce our CTO with your technology counterpart the next time he is in town. Feel free to schedule that meeting through me. All the best. Regards, Anupam Anupam Mishra Business Development NextSet Software, Inc. (650) 251-4119 > <<Software LOI.pdf>> <<MNDA.pdf>> - Software LOI.pdf - MNDA.pdf
Fyi. Put this on the calendar. ---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 10/25/2000 07:25 AM --------------------------- Rick Bergsieker@ENRON_DEVELOPMENT 10/25/2000 03:45 AM To: Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman@ECT cc: Eric Gonzales@ECT, Brent A Price@ECT, Brenda J Johnston/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Wayne Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Clay Harris/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Emilio Vicens/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Doug Arnell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: LNG Offsite -----Nov 20/21 Mike/Jeff: Each year at about this time I hold an LNG Offsite meeting to review the progress of the year and to set direction for the next year. This year's offsite has been scheduled for 20/21 November at the woodlands. We picked these dates and reserved (and paid for) the Woodlands earlier this year because almost all members of the worldwide LNG team will be in the US at this time for either the San Antonio conference or Gastech. Given the recent reorganization and changes in Enron's international direction, I feel that this meeting is more vital than usual. I assume that some members of the group will want to take vacation later in the week because of Thanksgiving---therefore, I plan to compress the offsite into a one-day meeting on 20 November and leave 21 Nov for ad-hoc team meetings and/or golf for those who want to stay another day. This would be a perfect opportunity to educate the entire team on "mark to market" mechanics, the LNG "book", enron online and any other similar topics that may be appropriate. To that end, we are working on the following agenda: Overview of EGM/Enron Corp direction: Mick Mcconnell/Jeff Shankman LNG organization and strategic objectives: Rick Bergsieker/Eric Gonzales LNG risk book: Presented by Merritt Thomas/Brad Hitch?? Enron Online demonstration and applications to LNG: Presented by Brad Hitch Mark to Market fundamentals and applications to LNG: Presented by Brent Price 2000 review/objectives for 2001: Eastern Hemisphere: Clay Harris Atlantic Basin: Doug Arnell/Emilio Vicens Shipping, terminalling and Fuel Management: Wayne Perry Legal: Dan Rogers Several questions: Mike/Jeff: would either or both of you be available to participate,at least for an hour or so to get us started? Eric: can you be there at least for Monday? Jeff: have I picked the right people for risk book and online presentations? Brent: can you be there to conduct a seminar on Mark-to-Market (including key contractual provisions required)? FYI, Wayne Perry and his assistant Cindy Long are coordinating arrangements for this offsite. Rick ---------------------- Forwarded by Rick Bergsieker/ENRON_DEVELOPMENT on 10/25/2000 03:14 AM --------------------------- Wayne Perry 10/25/2000 01:08 AM To: Eric Gonzales/LON/ECT@ECT cc: Rick Bergsieker/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: LNG Offsite List This is the proposed invite list to the LNG offsite that has been scheduled for the Woodlands on Monday, Nov. 20. Please send me the names of any additions you suggest. I would like to get out a note to people on this ASAP. We plan an all day meeting on Monday and Golf, etc for those that want to do so on Tuesday. That way those that need to travel or work are only tied down one day. I would also appreciate any agenda ideas you may want to include. Thanks Wayne ---------------------- Forwarded by Wayne Perry/ENRON_DEVELOPMENT on 10/25/2000 12:55 AM --------------------------- CINDY LONG @ ENRON 10/23/2000 02:13 PM To: Wayne Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Subject: LNG Offsite List Wayne - I heard back from Emilio and he said to go ahead and leave Margaret's name (she might be gone by the time of the offsite) but he would advise of her replacement. He does not have a replacement as this time. cl ---------------------- Forwarded by Cindy Long/Corp/Enron on 10/23/2000 02:15 PM --------------------------- CINDY LONG 10/23/2000 01:13 PM To: Wayne Perry/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Subject: LNG Offsite List Wayne - Below is the revised list, please note I am waiting on information regarding Margaret Rhee and/or replacement.
------------------------------------------------------------------------------ ------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R December 22, 2000 5:00pm through December 27, 2000 12:00am ------------------------------------------------------------------------------ ------------------------ SCHEDULED SYSTEM OUTAGES: ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON NORTH AMERICAN LANS: Impact: CORP Time: Mon 12/25/2000 at 8:00:00 PM CT thru Mon 12/25/2000 at 9:00:00 PM CT Mon 12/25/2000 at 6:00:00 PM PT thru Mon 12/25/2000 at 7:00:00 PM PT Tues 12/26/2000 at 2:00:00 AM London thru Tues 12/26/2000 at 3:00:00 AM London Outage: Cluster Bounce Environments Impacted: Corp Purpose: The virus scanning software currently installed on this cluster is not running correctly, we will install a new version which will require a reboot. Backout: Full backups will be done, prior to this procedure. Contact(s): Frank Coles (713)406-0470 FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. MESSAGING: Impact: EI Time: Fri 12/22/2000 at 5:00:00 PM CT thru Sat 12/23/2000 at 5:00:00 PM CT Fri 12/22/2000 at 3:00:00 PM PT thru Sat 12/23/2000 at 3:00:00 PM PT Fri 12/22/2000 at 11:00:00 PM London thru Sat 12/23/2000 at 11:00:00 PM London Outage: Genesis/Store IT Shutdown Environments Impacted: El and EE&CC Purpose: The Enron International IT Security infrastructure, support team and security functions are now one organization. The final phase of this transition is to phase out Genesis and Store IT replacing it with eRequest. Backout: Re-establish privileges to notes database. Users effected will be able to send requests in via email to EI Security Admin. Contact(s): Tori Hayden 713-853-6277 Darrell Williamson 713-345-4923 713-708-0627 Roberto Deleon 713-345-8824 Impact: CORP Time: Fri 12/22/2000 at 5:00:00 PM CT thru Sat 12/23/2000 at 5:00:00 PM CT Fri 12/22/2000 at 3:00:00 PM PT thru Sat 12/23/2000 at 3:00:00 PM PT Fri 12/22/2000 at 11:00:00 PM London thru Sat 12/23/2000 at 11:00:00 PM London Outage: Decommissioning of SRRS Environments Impacted: Corp Purpose: SRRS will be replaced with eRequest to provide the user community one system to request their Networked resource. Backout: Contact(s): Tori Hayden 713-853-6277 Leah Van Arsdall 713-345-8829 877-249-3510 MARKET DATA: No Scheduled Outages. NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER SYSTEMS: No Scheduled Outages. SITARA: No Scheduled Outages. SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: No Scheduled Outages TERMINAL SERVER: No Scheduled Outages. UNIFY: No Scheduled Outages. ------------------------------------------------------------------------------ ------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center (713) 853-5536 Information Risk Management Specific Applications Help: Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager]
This is actually pretty cool. -----Original Message----- From: Castillo, Michael Sent: Wednesday, January 30, 2002 9:53 AM To: Valdes, John Subject: FW: Michael Castillo Enron Corporation michael.castillo@enron.com (713) 345-4794 -----Original Message----- From: Lee, Jennifer Sent: Wednesday, January 30, 2002 9:31 AM To: Mausser, Gregory A.; Sprowls, Cathy; Bowen, Melba A.; Castillo, Michael Subject: >> >> This is a real test given by the Human Relations Dept. at many >>of the >> major corporations today. It helps them get better insight >>concerning their >> employees and potential employees. It's only 10 simple >>questions, so grab >> a pencil and paper, keeping track of your letter answers. Make >>sure to >> change the subject of the e-mail to read YOUR total. When you >>are finished, >> forward this to everyone you know, and also send to the person >>who sent >> this to you. Make sure to put YOUR score in the subject box. >>Ready? >> >> Begin. >> >> 1. When do you feel your best? >> >> (a) in the morning. >> (b) during the afternoon & early evening. >> (c) late at night. >> >> >> 2. You usually walk >> >> (a) fairly fast, with long steps. >> (b) fairly fast, with short, quick steps. >> (c) less fast head up, looking the world in the face. >> (d) less fast, head down. >> (e) very slowly. >> >> >> 3. When talking to people you >> >> (a) stand with your arms folded. >> (b) have your hands clasped. >> (c) have one or both your hands on your hips. >> (d) touch or push the person to whom you are talking. >> (e) play with your ear, touch your chin, or smooth your hair. >> >> >> 4. When relaxing, you sit with >> >> (a) your knees bent with your legs neatly side by side. >> (b) your legs crossed. >> c) your legs stretched out or straight. >> (d) one leg curled under you. >> >> >> 5. When something really amuses you, you react with >> >> (a) a big, appreciative laugh. >> (b) a laugh, but not a loud one. >> (c) a quiet chuckle. >> (d) a sheepish smile. >> >> >> 6. When you go to a party or social gathering you >> >> (a) make a loud entrance so everyone notices you. >> (b) make a quiet entrance, looking around for someone you know. >> (c) make the quietest entrance, trying to stay unnoticed. >> >> >> 7. You're working very hard, concentrating hard, and you're >> interrupted. >> Do you >> (a) welcome the break. >> (b) feel extremely irritated. >> (c) vary between these two extremes. >> >> >> 8. Which of the following colors do you like most? >> >> (a) red or orange. >> (b) black. >> (c) yellow or light blue. >> (d) green. >> (e) dark blue or purple. >> (f) white. >> (g) brown or gray. >> >> 9. When you are in bed at night, in those last few moments >>before >> going to sleep, you lie >> (a) stretched out on your back. >> (b) stretched out face down on your stomach. >> (c) on your side, slightly curled. >> (d) with your head on one arm. >> (e) with your head under the covers. >> >> >> 10. You often dream that you are >> >> (a) falling. >> (b) fighting or struggling. >> (c) searching! for something or somebody. >> (d) flying or floating. >> (e) you usually have dreamless sleep. >> (f) your dreams are always pleasant. >> >> >> POINTS: >> >> 1. (a) 2 (b) 4 (c) 6 >> >> 2. (a) 6 (b) 4 (c) 7 (d) 2 (e) 1 >> >> 3. (a) 4 (b) 2 (c) 5 (d) 7 (e) 6 >> >> 4. (a) 4 (b) 6 (c) 2 (d) 1 >> >> 5. (a) 6 (b) 4 (c) 3 (d) 5 (e) 2 >> >> 6. (a) 6 (b) 4 (c) 2 >> >> 7. (a) 6 (b) 2 (c) 4 >> >> 8. (a) 6 (b) 7 (c) 5 (d) 4 (e) 3 (f) ! 2 (g) 1 >> >> 9. (a) 7 (b) 6 (c) 4 (d) 2 (e) 1 >> >> 10. (a) 4 (b) 2 (c) 3 (d) 5 (e) 6 (f) 1 >> >> >> Now add up the total number of points. >> >> OVER 60 POINTS: >> >> Others see you as someone they should "handle with care." You're >>seen as >> vain, self-centered, and one who is extremely dominant. Others >>may admire >> you, wishing they could be more like you, but don't always >>trust you, >> hesitating to become too deeply involved withyou. >> >> 51 TO 60 POINTS: >> >> Others see you as an exciting, highly volatile, rather impulsive >> personality; a natural leader, who's quick to make decisions, >>though not >> always the right ones. They see you as bold and adventuresome, >>someone who >> will try anything once; someone who takes chances and enjoys an >> adventure.They enjoy being in your company because of the >>excitement you >> radiate. >> >> 41 TO 50 POINTS: >> >> Others see you as fresh, lively, charming, amusing, practical, >>and always >> interesting; someone who's constantly in the center of >>attention, but >> sufficiently well-balanced not to let it go to their head. They >>also see >> you as kind, considerate, and understanding; someone who'll >>always cheer >> them up and help them out. >> >> 31 TO 40 POINTS: >> >> Others see you as sensible, cautious, careful and practical. >>They see you >> as clever, gifted, or talented, but modest; not a person who >>makes friends >> too quickly or easily, but someone who's extremely loyal to >>friends you do >> make and who expect the same loyalty in return .Those who >>really get to >> know you realize it takes a lot to shake your trust in your >>friends but, >> equally, that it takes you a long time to get over it if that >>trust is >> ever broken. >> >> 21 TO 30 POINTS: >> >> Your friends see you as painstaking and fussy. They see you as >>very >> cautious, extremely careful, a slow and steady plodder.It'd >>really surprise >> them if you ever did something impulsively or on the spur of >>the moment, >> expecting you to examine everything carefully from every angle >>and then, >> usually decide against it. They think this reaction is caused >>partly by >> your careful nature. >> >> UNDER 21 POINTS: >> >> People think you are shy, nervous, and indecisive, someone who >>needs >> looking after, who always wants someone else to make the >>decisions and who >> doesn't want to get involved with anyone or anything.They see >>you as a >> worrier who always sees problems that don't exist. Some people >>think you're >> boring. Only those who know you well know that you aren't.Now >>forward this >> on to everyone you know, making sure to put >> YOUR score in the subject box! >> >> >> Work and worth never goes vain >> >> Regards >> >> Viji Madhukar >> Tesco India sourcing >> Ph No. 00 91 80 532 71 30 - 5 >> Fax No 00 91 80 532 48 05 >> homepage : http://www.tesco.com > > > _____ Get your FREE download of MSN Explorer at http://explorer.msn.com <http://go.msn.com/bql/hmtag_etl_EN.asp>. Regards, Dian Chu _____ Do You Yahoo!? Yahoo! Auctions <http://rd.yahoo.com/mail_us/tag/?http://auctions.yahoo.com> Great stuff seeking new owners! Bid now! <http://rd.yahoo.com/mail_us/tag/?http://auctions.yahoo.com>
Pipeline Interconnect Forum Participants: We are pleased to inform you that the Sheraton Fisherman's Wharf has agreed to extend our discounted rate of $199 for the following days: Friday, October 19 Saturday, October 20 Sunday, October 21 Monday, October 22 As well, the reservation cut-off has been extended until October 18. We hope this helps people who are either coming in early to enjoy the sights of San Francisco or those who don't want to take the red-eye flight home on Monday night. We are excited about seeing everyone. Todd Hudson Information Systems Analyst Gas System Operations 415.973.1386 > -----Original Message----- > From: Hudson, Todd > Sent: Wednesday, September 05, 2001 10:52 AM > To: 'Maureen.riter@elpaso.com'; 'william.griffith@elpaso.com'; > 'adele.zuroff@elpaso.com'; 'kvanpelt@cmsenergy.com'; > 'ernesto.ochoa@elpaso.com'; 'Kathleen.Royal@elpaso.com'; > 'Lynn.blair@enron.com'; 'Sheila.Nacey@enron.com'; > 'randy.young@gulfsouthpl.com'; 'michael.d.rasmuson@williams.com'; > 'janie.k.nielsen@williams.com'; 'jarregu@mail.pnm.com'; > 'pdavidson@socalgas.com'; 'RIshikawa@socalgas.com'; > 'mark.gracey@elpaso.com'; 'tom_gwilliam@iroquois.com'; > 'jay.story@neg.pge.com'; 'Iris_g._king@dom.com'; > 'Michelle_M_Willis@reliantenergy.com'; 'tjwilliams@reliantenergy.com'; > 'csuarez@reliantenergy.com'; 'jhickman@nisource.com'; > 'jtyoung@nisource.com'; 'JStilwell@sppc.com'; 'gsuga@tuscaroragas.com'; > 'scotth@questar.com'; 'klburch@duke-energy.com'; > 'mlmccain@duke-energy.com'; 'ken_schubert@transcanada.com'; > 'dale.m.davis@williams.com' > Cc: Snyder, Cheryl; Johnson, Kirk > Subject: Pipeline Interconnect Forum Information > > Pipeline Interconnect Forum Participants: > > PG&E's California Gas Transmission has reserved a block of 30 rooms at the > Sheraton at Fisherman's Wharf for the October Pipeline Interconnect Forum. > The group rate is good for the night of Sunday, October 21, 2001. > > To make a reservation, call 888-627-7024. Identify yourself as a member of > the Pipeline Interconnects Meeting for Sunday, October 21, 2001. Please > make your reservation before October 1, 2001. After this date, the group > rate may not be available. > > Hotel Information: > Sheraton at Fisherman's Wharf > 2500 Mason St. > San Francisco, CA 94133 > Phone: 888-627-7024 > Group name: Pipeline Interconnects Meeting > Date: Sunday, October 21, 2001 > Check in time: 3:00 PM > Check out time: 12:00 PM > Single/Double Occupancy: $199.00 > Additional Person: $20.00 > Reservation cut off date: October 1, 2001 > > The price of the room includes a continental breakfast and transportation > service to PG&E. > > Meeting Information: > PG&E > 245 Market Street > Conference Rooms A/B > San Francisco, CA > Date: Monday, October 22, 2001 > Start time: 8:30 AM > End time: 4:00 PM > > We are looking for participants who want to perform demonstrations of > innovative services offered by their pipeline. Don't be shy - this is our > opportunity to learn from each other! We are also still soliciting > suggestions for the agenda. Here are a few ideas: > > * GISB 1.5 - Will the new standards affect your nomination schedules > and processing times? > * Hourly Scheduling - Is anyone planning to implement this and would > like to perform a demo? > * Balancing solutions for problems caused by timing issues in the > Intraday 2 cycle. > * 637 Segmentation - How is everybody addressing this? > * GISB Capacity Release Standard 5.3.2 - possible scheduling issue. > * Demonstrations of new services being offered by pipelines. > * Cross Contract Ranking update. > * Nominations & Contracting Systems best practices/benchmarking. > * What is our purpose? > > Comments regarding these recommended agenda items are welcome. > > For those of you that confirmed for the Sunday welcome event, we will be > sending out more details in the future. > > Todd Hudson > PG&E > California Gas Transmission > 415.973.1386 > > Attachments: > Map from SFO airport to hotel > << OLE Object: Package >> > Map from SFO to PG&E > << OLE Object: Package >> > Map from Oakland airport to hotel > << OLE Object: Package >> > Map from Oakland airport to PG&E > << OLE Object: Package >> >
Tana: Go ahead and revise the NDA to replace EBS with Net Works and I'll initial for execution. Leslie ----- Forwarded by Leslie Hansen/HOU/ECT on 10/23/2000 01:23 PM ----- Laura Howenstine@ENRON COMMUNICATIONS 10/23/2000 11:15 AM To: Leslie Hansen/HOU/ECT@ECT@ENRON cc: Tana Jones/HOU/ECT@ECT@ENRON Subject: Re: one more NDA Leslie, Yes, you are correct. If you can send me the NDA with any modifications that you require, I'll send it back to Xuma for their signature. Thanks, Laura Leslie Hansen@ECT 10/23/00 11:16 AM To: Laura Howenstine/Enron Communications@ENRON COMMUNICATIONS@ENRON cc: Tana Jones/HOU/ECT@ECT Subject: Re: one more NDA Laura: Am I correct in understanding that Xuma signed the EBS form without modification? If that is the case, we should prepare the NDA with Enron Net Works LLC as the party in lieu of EBS and have Xuma execute the revised agreement. In the future, we need to use the Net Works form of NDA; however, since the EBS form has already been sent to and accepted by the Counterparty, I'm okay using this form. Regards, Leslie Hansen Laura Howenstine@ENRON COMMUNICATIONS 10/23/2000 10:23 AM To: Leslie Hansen/HOU/ECT@ECT, tana.jones@enron.com cc: Subject: Re: one more NDA Tana/Leslie, Attached is the NDA that we used with Xuma. They've signed it in hard copy and sent it back to me, but since then our group has switched from EBS to Net Works. Please advise as to how you need to modify this. Thanks, Laura ----- Forwarded by Laura Howenstine/Enron Communications on 10/23/00 10:07 AM ----- Robin Hill 09/12/00 03:44 PM To: Laura Howenstine/Enron Communications@Enron Communications cc: Subject: Re: one more NDA Here is the NDA for XUMA. Robin L. Hill, Legal Specialist Enron Broadband Services 1400 Smith, Suite 4545 Houston, Texas 77002 (713)853-3255 (713)646-8537 fax Robin_Hill@Enron.net Laura Howenstine 09/12/00 02:48 PM To: Robin Hill/Enron Communications@Enron Communications cc: Subject: one more NDA Thanks, Robin. I actually have another NDA to ask you for and it's a last minute request for a meeting that I'm attending tomorrow in San Francisco (for which I'm leaving in an hour or so). The counter party is a company called XUMA. The relevant info is below. Thanks and I'll follow the same procedure as with onexchange. Regards, Laura NDA needed for: XUMA 160 Pine Street - #200 San Francisco, CA 94111 Robin Hill 09/12/00 12:37 PM To: Laura Howenstine/Enron Communications@Enron Communications cc: Subject: RE: NDA Here is the NDA. Please select the "Read Only" option in order to open and print. Please print 2 originals for signature so each party has an original executed NDA, or you may e-mail it to them as long as they follow up with 2 originals. After the other party executes it, you will need to get an EBS attorney to initial it before an EBS VP or above can execute it on our behalf. If you have any questions please call me and please make sure I get an executed original back. Thanks. Robin L. Hill, Legal Specialist Enron Broadband Services 1400 Smith, Suite 4545 Houston, Texas 77002 (713)853-3255 (713)646-8537 fax Robin_Hill@Enron.net Laura Howenstine 09/11/00 04:31 PM To: Robin Hill/Enron Communications@Enron Communications cc: Subject: RE: NDA Hi Robin, The information that you require for the NDA is in the message below. Thanks. Regards, Laura ----- Forwarded by Laura Howenstine/Enron Communications on 09/11/00 04:33 PM ----- ed@onexchange.com 09/11/00 02:17 PM To: Laura Howenstine/Enron Communications@Enron Communications cc: Subject: RE: NDA Hi Laura, Here's all the info: Ed Cuoco onExchange Reservoir Place 1601 Trapelo Road Waltham, MA 02451 781.672.3400 x223 781.672.3408 fax www.onexchange.com -----Original Message----- From: Laura_Howenstine@enron.net [mailto:Laura_Howenstine@enron.net] Sent: Monday, September 11, 2000 3:00 PM To: Ed Cuoco Subject: NDA Ed, I'm sorry to bother you with this, but I have not been able to pull up your street address on your web site - I get a message that the server is busy. If you send me the relevant info on Onexchange, as requested below, I'll send it on to our legal department to expedite the NDA. Thanks. Regards, Laura Laura Howenstine Manager, Enron Broadband Services 713-853-0308 (office) 713-304-7819 (mobile) laura_howenstine@enron.net ----- Forwarded by Laura Howenstine/Enron Communications on 09/11/00 01:59 PM ----- |--------+-----------------------> | | Robin Hill | | | | | | 09/11/00 | | | 12:24 PM | | | | |--------+-----------------------> >--------------------------------------------------------------------------- -| | | | To: Laura Howenstine/Enron Communications@Enron Communications | | cc: | | Subject: NDA | >--------------------------------------------------------------------------- -| Laura, please send me the full legal name and address of the company and I will draft the NDA for you to forward to the client. Thanks. Robin L. Hill, Legal Specialist Enron Broadband Services 1400 Smith, Suite 4545 Houston, Texas 77002 (713)853-3255 (713)646-8537 fax Robin_Hill@Enron.net
<http://www.energynewslive.com/ImageLogServlet/content/email/graphic s/header.jpg?email=andy.zipper@enron.com> Dear Andrew, The Washington bureau will bring us more on the EPA decision to recommend changes to the nation's fuel specifications on Thursday. Washington Bureau Chief Peter Cook says the proposal to reduce the number of boutique fuels across the country will likely draw mixed reaction. We'll have the latest on energy legislation from the Senate. There continues to be mixed signals coming from both parties on the likelihood of a deal that could pave the way for a comprehensive energy bill to reach the floor. Also in Washington, a long list of energy influentials will speak at the Alliance to Save Energy's Summit on Energy Efficiency. Energy Secretary Spencer Abraham, Senate Energy Committee Chairman Jeff Bingaman and S. David Freeman, the Chairman of California's new state power authority are among the scheduled participants. We'll have coverage of the Summit from the Washington bureau on Thursday. Houston has long been called the energy capital of the world and downtown Houston has always been considered the energy corridor. Now the Woodlands, a community located north of Houston, is staking its claim as the next energy corridor of the area. On Thursday the Woodlands Chamber of Commerce is hosting an energy forum to discuss the area's growth and ways to attract more companies. We'll bring you details from the Houston bureau tomorrow. We'll take a rare look Thursday into the largest nuclear power plant in Texas. South Texas Project Electric Generating Station invited members of the news media to tour secured areas as nuclear plants around the country upgrade security in light of the threats and attacks on America. Also from the Houston bureau on Thursday, Simmons & Company International Vice President of Research Mark Meyer will drop by to discuss how oil stocks are doing this quarter. Catch Meyer during the 10:00 a.m. ET newscast. The California Public Utilities Commission is meeting on Thursday. West Coast Correspondent Kym McNicholas says the agenda may include the Rate Agreement between the CDWR and the PUC along with the issue of Direct Access. Kym also reports, the Sacramento Municipal Utility District is boosting its capacity. This move will add to what is already the largest utility-owned distributed photovoltaic system in the world. Kym will bring us details on Thursday. Finally from the West Coast bureau, we'll have comments from California Governor Gray Davis' Press Secretary Steve Maviglio on the federal government's plans to expand Path 15. Join us for these stories from the West Coast bureau tomorrow. From ENL Headquarters on Thursday, Williams Energy Partners L.P. Chief Financial Officer Don Wellendorf will join us to discuss the company's third-quarter earnings. And Edward Jones Senior Energy Analyst Zach Wagner will join us from St. Louis to continue the discussion on earnings. Wagner will discuss Enron during the 4:00 p.m. ET newscast tomorrow. Keep in mind things are subject to change at a moment's notice. Occasionally guests cancel or change time slots. We'll continue to do our best to keep you updated on future interviews and events. Be sure to watch our newscasts every business day - 9 a.m. to 5 p.m. ET, at the top of each hour. <http://www.energynewslive.com/content/email/graphics/signature.jpg> Jay Rickerts, EnergyNewsLive.com Anchor View today's Energy Wrap video <http://www.energynewslive.com/NavController?referer=email.jsp&acti on=dailyWrap&email=andy.zipper@enron.com> (Requires Windows Media Player <http://www.microsoft.com/windows/mediaplayer/en/download/Win32IE4x 86.asp> or Real Player <http://www.real.com>) Experience all that Williams Energy News Live has to offer! <http://www.energynewslive.com> If you are receiving this letter for the first time and wish to continue, subscribe now <mailto:join-enl-members-html@estutenws11.energy.williams.com> To stop receiving this letter, unsubscribe now <http://www.energynewslive.com/unsubscribe.jsp?type=H&email=$subst( 'Recip.EmailAddr')> If you are having trouble receiving this e-mail, please let us know <mailto:ecenter@energynewslive.com> or call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST. Comments? Suggestions? Let us know <mailto:ecenter@energynewslive.com> or call (800) WILLIAMS (800-945-5426) weekdays, 7am-7pm CST. Copyright 2001 Williams Energy News Live, LLC. All Rights Reserved.
<HR> This advertisement has been sent to you by TheStreet.com because you are currently or within the last year have been a subscriber (either free-trial or paid) to one of our web sites, www.thestreet.com or www.realmoney.com. If you are not a current or former subscriber, and you believe you received this message in error, please forward this message to members@thestreet.com, or call our customer service department at 1-800-562-9571. Please be assured that we respect the privacy of you, our subscribers, and that we have not disclosed your name or any other information about you to the advertiser or any other third party. <HR> <HEAD> <TITLE>FREE (3-5 day) Ground Shipping at Dell&#153;</TITLE> <META HTTP-EQUIV="Content-Type" CONTENT="text/html; charset=iso-8859-1"> </HEAD> <BODY BGCOLOR=#FFFFFF leftmargin="0" topmargin="0" marginwidth="0" marginheight="0"> <TABLE BORDER=0 CELLPADDING=0 CELLSPACING=0 width="475"> <TR> <TD COLSPAN=3> <a href="http://offer.wd10.com/cgi-bin/mail.dll?G660"><img src="http://secure.webconnect.net/images/dell/2/1top.gif" width=475 height=85 border="0"></a></TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=85></TD> </TR> <TR> <TD ROWSPAN=3> <IMG SRC="http://secure.webconnect.net/images/dell/2/delivery.gif" WIDTH=144 HEIGHT=162></TD> <TD width="250" align="left"> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=250 HEIGHT=12></TD> <TD ROWSPAN=2 align="right"> <a href="http://www.intel.com/home/pentium4/index.htm?iid=feature1%2Btext&"><IMG SRC="http://secure.webconnect.net/images/dell/2/intel.gif" border="0"></a></TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=12></TD> </TR> <TR> <TD WIDTH=250 HEIGHT=353 ROWSPAN=5 valign="top" align="left"> <p><font face="Verdana, Arial, Helvetica, sans-serif" size="2"><b>Leave the shipping to us!</b> Whether to buy a Dimension&#153; desktop or an Inspiron&#153; notebook may be a tough choice, but choosing to let us pick up the shipping is&nbsp;not! </font></p> <p><font face="Verdana, Arial, Helvetica, sans-serif" size="2">With our Free (3-5 day) ground shipping, buying a computer just got easier (software and accessories not included)! Hurry! Offer ends 11PM CT, September 26, 2001. <a href="http://offer.wd10.com/cgi-bin/mail.dll?G660">Click&nbsp;here.</a> </font></p> <p><font face="Verdana, Arial, Helvetica, sans-serif" size="2"><br> If you would like to receive other offers and special deals like this one from Dell Home Systems, <a href="http://offer.wd10.com/cgi-bin/mail.dll?G661">click here</a> to subscribe to Dell Direct&nbsp;Deals! </font></p> </TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=76></TD> </TR> <TR> <TD ROWSPAN=4 width="100">&nbsp; </TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=74></TD> </TR> <TR> <TD> <a href="http://offer.wd10.com/cgi-bin/mail.dll?G660"><IMG SRC="http://secure.webconnect.net/images/dell/2/dim.gif" WIDTH=144 HEIGHT=95 border="0"></a></TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=95></TD> </TR> <TR> <TD> <a href="http://offer.wd10.com/cgi-bin/mail.dll?G660"><IMG SRC="http://secure.webconnect.net/images/dell/2/inspiron.gif" WIDTH=144 HEIGHT=94 border="0"></a></TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=94></TD> </TR> <TR> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/free_ship_email_09.gif" WIDTH=144 HEIGHT=14></TD> <TD> <IMG SRC="http://secure.webconnect.net/images/dell/2/spacer.gif" WIDTH=1 HEIGHT=14></TD> </TR> </TABLE> <HR> This advertisement has been supplied by a third party and has been sent to you by TheStreet.com for informational purposes only. We are not responsible for and have not independently authenticated in whole or in part the accuracy of the information provided in the advertisement. No such information should be relied upon without consulting the advertiser. This advertisement does not imply an endorsement by us.<br><br> If you would prefer not to receive these types of offers from us in the future, please reply to thestreet@offers2.mail-thestreet.com with REMOVE in the subject line.<br><br> To view our privacy policy, please click here: <a href="http://www.thestreet.com/tsc/about/privacy.html">http://www.thestreet.com/tsc/about/privacy.html</a> <HR> <BR><BR> <IMG SRC="http://image.wd10.com/img.asp?A534394J948" BORDER=0> <IMG SRC="http://image.wd10.com/img.asp?B534394J948" BORDER=0>
Below is a summary of the discussions last week regarding the complaint against El Paso for oversubscribing the Socal Topock Point. The meeting started out by summarizing the dollar impact of the Border cuts to Amoco and Burlington of $3 million dollars and the additional fuel costs of $15 million that they have incurred when the mainline fuel was reduced and the gathering fuel was increased. Accordingly, producers are seeking a minimum of $17 million in compensation in some form or another. The biggest concern is that a total of 1.2 bcf/day is being nominated at the Socal Topock which can only deliver 540000 mmbtu/day. Socal Gas stated that this problem should go away when there system becomes unbundled (referred to as Gatekeeper).. The proceeding is currently pending CPUC approval and could be implemented as early as October 1, 2001. When the Gatekeeper is implemented , only 540000 mmbtu/day will be accepted at the Socal Topock border and must match up with the intra-state transport. SoCal Gas suggested taking the 1.2 bcf/day of nominations at the Topock delivery point and divide it up based on the original intent of the capapcity- 400 to Mohave; 540 to Socal Topock; and 180 to PGE Topock. They also stated they would accept less than 540 at Topock but needed a minimum of 300 to meet core needs. However, they wanted some type of compensation if their volume was reduced. They also agreed to live with the status quo until the Gatekeeper was implemented. This would result in firm rights being established at Socal Topock based on downstream rights. Williams owns Block 3 capacity and is willing to look at a CD reduction or a reduced take requirement or use of alternate points with a rate adjustment. After much discussion, El Paso came back with the following counter proposal: Recommended interim solution until Socal Gatekeeper implemented. Does not relate to receipt point rights. 1) Block 1 Capacity will always be alternate to Socal Topock (198000); 2)Block II Capacity can not be sold at PGE Topock (614000) 3) Amoco and OneOk each have a contract 45000/d which can go to Topock or Ehrenberg. It is recommended that they give up their Ehrenberg right and keep Topock right and Socal will give up like amount at Topock as well as shift an additional 70000 mmbtu/day from Topock to Ehrenberg resulting in approx. 115000 being shifted to Ehrenberg. 4) Rights fro expansion shippers would be carved up as follows: Socal Topock PGE/Mohave Topock Texaco 40 135 Burlington 26 74 Aero 5 15 Borax 7 12 LADWP 0 36 SWGas 0 20 5) Socal Topock would now be divided as follows: Expansion Shippers 78000 Socal Gas 425000 BLK 3 348000 (25-Amoco;20-Oneok;99-Williams;189 El Paso Merchant;15-Wlliams) Total 851000 540 divided by 841 would result in 37 percent cuts or 63 percent thruput. The producers were not happy with having to live with 37 percent cuts and felt that any transport sold after their Sept 28 complaint should be cut off the top which would be El Paso merchant services Blk 3. Separate meetings were then held amongst the Topock shippers to duscuss El Paso's counter -proposal. Producer group came back and told El Paso that they want the 63 percent thruput increased. Will accept CD reduction, rate design change or other forms of compensation. For the recommended volumes moved to Mohave/Pge Topock, they would consider a 30 percent reduction in CD demand as well as converting that path to a 100 volumetric rate. In other words, if the producers used the delivery point, they would pay max rate. If they did not, they would not pay anything. Block 3 shippers would agree to reduce deliveries to Socal Topock if their deals were converted to an agreed upon load factor-maybe 70 percent. For volumes shifted to non-Socal Points , they also want a 100 percent volumetric rate. Bottom-line is how much dollars is El Paso willing to pay to resolve this case. Each party is requested to submit a proposal to El Paso and they will study its entirety. No follow-up meeting was scheduled. Another topic that was also being discussed at the meeting was the perceived gaming on the system by the full-requirements customers-ie nominating more gas than they need in anticipation of cuts. It is thought that if this could be controlled there may be more certainty in the san juan regarding flows. El Paso recommended the following : Limit noms on Cycle 1 from San Juan based on previous day's total nom from all basins. No limits on Cycle 2-4. This caused some concerns because of week-end load swings andfluctuatingpower-plant loads. However, eoc's were willing to establish a technical committee to work on a formula if theSocal Topock point gets resolved. Regarding pooling, El Paso is proposing to add 8 additional pools in the keystone and 3 additonal pools in the san juan and 1 additional pool in the bondad. This process is in its early stages of conflict. Most people (Duke, Southern, Williams, Coral) are not on board with this. I will keep you advised of development. Please advise if you have any questions.
-----Original Message----- From: Hoatson, Tom Sent: Tuesday, June 12, 2001 5:42 PM To: Aucoin, Berney C.; Decker, Charles; Nicolay, Christi; Baughman, Edward D.; Steffes, James; Scheuer, Janelle; Thompkins, Jason; Ader, Jeff; Meyn, Jim; Quenet, Joe; Presto, Kevin M.; Bernstein, Mark; Davis, Mark Dana; Hamlin, Mason; Politis, Nick; Broderick, Paul J.; Hammond, Pearce; Martinez, Posey; Wheeler, Rob; sscott3@enron.com; Novosel, Sarah; Montovano, Steve Subject: Second PJM Regional Transmission Expansion Plan Approved FYI - see below. ----- Forwarded by Tom Hoatson/NA/Enron on 06/12/2001 05:41 PM ----- PJMCustomerRelationsandTraining@pjm.com Sent by: owner-pjm-customer-info@pjm.com 06/11/2001 12:13 PM Please respond to PJMCustomerRelationsandTraining To: pjm-customer-info@risc1.pjm.com cc: Subject: Second PJM Regional Transmission Expansion Plan Approved Message sent from the pjm-customer-info mailing list at pjm-customer-info@majordomo.pjm.com: For Immediate Release REGIONAL TRANSMISSION EXPANSION PLAN APPROVED Plan addresses region's long-term transmission needs (Valley Forge, PA - June 7, 2001) - PJM Interconnection, LLC's Board of Managers approved on Tuesday, June 5 the second Regional Transmission Expansion Plan (RTEP) for the PJM region. The plan includes more than $420 million of transmission facility additions and reinforcements to ensure the continued reliable delivery of electricity in the region and to enhance the robustness of the PJM energy and capacity markets. PJM operates one of the largest electricity grids in the nation - a region that includes all or parts of PA, NJ, DE, MD, VA and D.C. The PJM RTEP, the only such process of its kind in the nation, consolidates the region's transmission needs into a uniform, comprehensive strategy. The RTEP is unique as it is: * Driven by the comprehensive transmission service needs of the region, * Developed based on input from an inclusive group of stakeholders - including transmission owners, generation developers, market participants and representatives from state regulatory bodies, * Recommended by the PJM staff, following extensive evaluation performed in coordination with PJM transmission owners, to ensure the plan meets the needs of the PJM transmission system in the most efficient and effective manner, * Reviewed by all stakeholders in the region through the PJM Transmission Expansion Advisory Committee, and * Reviewed and approved by the PJM Board of Managers for implementation. "The RTEP delivers real results through transmission enhancements and expansions in order to meet the generation and growth needs of the mid-Atlantic region for the next 10 years," said Phillip Harris, PJM chief executive officer and president. "In short, this plan ensures bulk power reliability for our region." PJM's Board of Managers approved the first RTEP in August 2000. As a result of that plan, approximately $300 million of transmission facility additions and reinforcements are currently in design or construction to, in part, accommodate the interconnection of more than 15,000 megawatts of new generating capacity to the PJM region. This second, updated plan includes transmission upgrades to ensure the continuing compliance of the PJM system with regional reliability criteria and to accommodate the interconnection of 43 generation projects, amounting to more than 12,500 megawatts of new generating capacity. The two phases of the plan, approved to date, now include more than $720 million of transmission infrastructure investments and accommodate more than 27,500 megawatts of new generating capacity within the PJM region. The PJM Board of Managers, an independent, eight-member board that has no financial interest in any PJM member, oversees the direction of the PJM office and is responsible for ensuring the safe and reliable operation of the robust and competitive PJM wholesale power market. PJM operates the world's largest competitive wholesale electricity market and one of North America's largest power grids. The company currently coordinates a pooled generating capacity of more than 58,000 megawatts and operates a wholesale electricity market with more than 200 market buyers, sellers and traders of electricity. PJM has administered more than $5 billion in energy and energy service trades since the regional markets opened in 1997. More than 70 nations have sent delegates to PJM to learn about the market model and the operation of the grid in the mid-Atlantic states. ###### Please DO NOT REPLY to this message. If you have a question for PJM Customer Relations and Training, please complete and submit this form: http://www.pjm.com/contact/questions.html To unsubscribe from this list, send an e-mail to majordomo@majordomo.pjm.com containing only the following line in the body of the e-mail: unsubscribe pjm-customer-info
---------------------- Forwarded by Jay Fitzgerald/Corp/Enron on 03/21/2000 09:24 AM --------------------------- "Sven Becker" <Sven.Becker@enron.com> on 03/21/2000 07:08:56 AM To: "John Thompson" <John.Thompson@enron.com>, jay.fitzgerald@enron.com, "Jens Gobel" <Jens.Gobel@enron.com>, "Pedram Mazaheri" <Pedram.Mazaheri@enron.com>, "Jacob Meins" <Jacob.Meins@enron.com>, "Thomas Deinet" <Thomas.Deinet@enron.com>, "Darren Maloney" <Darren.Maloney@enron.com>, "Wilson Kriegel" <Wilson.Kriegel@enron.com> cc: Subject: 7 leading banks and energy concerns announced on Tuesday they had joined forces to launch an online electronic market for trading over -the-counter (OTC) energy, metals and other commodities. By Richard Mably LONDON, March 21 (Reuters) - Seven leading banks and energy concerns announced on Tuesday they had joined forces to launch an online electronic market for trading over-the-counter (OTC) energy, metals and other commodities. In the biggest foray yet on to the internet in those markets, the venture said it planned to begin trading various petroleum and precious-metals based OTC products later this year. It also intends to develop additional markets for global natural gas, electrical power and a variety of base metals in due course. The companies are BP Amoco <BPA.L>, Royal/Dutch Shell <RD.AS> <SHEL.L>, Totalfina <TOTF.PA>, Goldman Sachs <GS.N>, Societe Generale <SOGN.PA>, Morgan Stanley Dean Witter <MWD_pe.N> and Deutsche Bank <DBKGn.DE>. The seven founders, already among the largest players on energy and commodity markets, said they had made a commitment to provide initial market liquidity for the new exchange -- called IntercontinentalExchange. Neal Shear, global head of commodities at Morgan Stanley, said that in markets now valued at $1.8 trillion annually, electronic trading could significantly reduce trading costs. "The capabilities provided ... will offer OTC participants increased market transparency, liquidity and efficiency while preserving the anonymity most market participants require," the companies said in a joint statement. ATLANTA-BASED, USING ESTABLISHED PLATFORM The exchange will be headed by Jeffrey Sprecher, previously President of Atlanta's Continental Power Exchange, the company which developed the trading system to be used by IntercontinentalExchange. Peter Ward, a director of Shell International Trading and Shipping Company said: "We believe we have established a professional marketplace for professional market participants. Our markets will be open to all who have a business interest in them without any artificial restrictions." Some think the electronic OTC market could provide tough competition for futures exchanges despite providing lesser guarantees than more tightly regulated contracts. "If the market becomes mature enough, liquid enough and enough players take an active part in its development, it could take a good stake from the futures market," said one European oil trader not involved in the venture. The New York Mercantile Exchange, the world's leading energy futures market, last week said it had declined a proposal by Morgan Stanley and Goldman Sachs to team up on an electronic communications network. Traditional broking houses might also lose out although dealers said an electronic market could not replicate the sort of information provided person-to-person by brokers. "The idea definitely has merit. But I don't believe it is going to be the immediate downfall of brokers. If you look at the trading screen what kind of information do you get? Very little," said Bo van Wijk of Standard Bank of London. The seven companies said there would be no formal membership of the exchange and no dues or fees beyond those incurred in the process of trading. Currently the bulk of trading in the wholesale OTC energy and metals markets is conducted on the telephone. Beyond the benefits of electronic links, the exchange will create a "paperless back office," the companies said. They also plan to develop facilities which would permit participants to clear and settle OTC products. For related news, double click on one of the following codes: [ELE] [ELN] [LEN] [RTRS] [BPA.L\c] [RD.AS\c] [SHEL.L\c] [TOTF.PA\c] [GS.N\c] [SOGN.PA\c] For related price quotes, double click on one of the following codes: <BPA.L> <RD.AS> <SHEL.L> <TOTF.PA> <GS.N> <SOGN.PA> Tuesday, 21 March 2000 12:52:11 RTRS [nL21251729]
Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com ----- Forwarded by Sara Shackleton/HOU/ECT on 02/05/2001 12:11 PM ----- Paul Radous@ENRON 02/05/2001 12:02 PM To: Sara Shackleton/HOU/ECT@ECT cc: Subject: Re: Caraustar Industries, Inc. ("CP") ISDA Master Agreement Sara, I didn't save the attached before forwarding it to you. So you may have still gotten the old amount. In any event, here is the sheet. ---------------------- Forwarded by Paul Radous/Corp/Enron on 02/05/2001 12:00 PM --------------------------- From: Paul Radous 02/05/2001 09:47 AM To: John Fortunato/NA/Enron@Enron cc: Sara.Shackleton@Enron.com Subject: Re: Caraustar Industries, Inc. ("CP") ISDA Master Agreement I have spoken with Matthew Carnwath. I have explained the meanings of the various thresholds. Sara, it appears that I made an error in calculating the cross default threshold for the c/p. Please raise it from $10MM to $15MM in the executable version. For your reference, I have enclosed another credit worksheet incorporating that change. Otherwise, there appear to be no remaining points of disagreement involving Credit. John Fortunato 02/02/2001 11:01 AM To: Paul.Radous@Enron.com cc: Sara.Shackleton@Enron.com Subject: Re: Caraustar Industries, Inc. ("CP") ISDA Master Agreement Paul: I will have Mathew Carnwath contact you early next week. Mathew is the controller at Caruastar's large Rittman Ohio mill and has been directed by the CFO (Lee Thrash) to work out these details. Mathew is only the messenger, but is in contact with the Caruastar attorney's on these issues.(FYI, he can be reached at 330-927-7244 or via e-mail, Mathew.Carnwath@Caruastar.com). Thanks for the help John ---------------------- Forwarded by John Fortunato/NA/Enron on 02/02/2001 10:50 AM --------------------------- From: Sara Shackleton@ECT on 02/02/2001 10:28 AM To: John Fortunato/NA/Enron@Enron cc: Stephanie Panus/NA/Enron@Enron Subject: Re: Caraustar Industries, Inc. ("CP") ISDA Master Agreement John: Please have Caraustar call Paul Radous about the cross default issue. Legal will wait to hear back from Paul after his discussion with your counterparty. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com ----- Forwarded by Sara Shackleton/HOU/ECT on 02/02/2001 10:25 AM ----- Paul Radous@ENRON 02/02/2001 10:09 AM To: Sara Shackleton/HOU/ECT@ECT cc: Subject: Re: Caraustar Industries, Inc. ("CP") ISDA Master Agreement We are ok with reciprocal website financials. Please have the counterparty call me to discuss the cross default threshold. We use a widely accepted standard in the industry, which is 2% of total debt, rounded. In fact, by this standard, Enron has set it's own threshold too low. From: Sara Shackleton@ECT on 02/02/2001 09:04 AM To: Paul Radous/Corp/Enron@ENRON cc: John Fortunato/NA/Enron@Enron, Stephanie Panus/NA/Enron@Enron Subject: Caraustar Industries, Inc. ("CP") ISDA Master Agreement Paul: John Fortunato has advised me that CP has only three (3) issues with the draft which we delivered in November, 2000. The credit issues are: (1) CP financials available online - we'll need their website address (2) CP Threshold for cross default is too low and wish a "higher number" but have not given John any indication of what they want Please let John and Stephanie know the outcome so that we can prepare executable docs. Thanks. P.S. The legal issue was governing law, Texas or NY. CP doesn't care but needs confirmation and possibly explanation. Sara Shackleton Enron North America Corp. 1400 Smith Street, EB 3801a Houston, Texas 77002 713-853-5620 (phone) 713-646-3490 (fax) sara.shackleton@enron.com
[IMAGE] Fantasy Basketball is here...and it's FREE! Join a league or create your own. It's a slam dunk! http://fantasybasketball.commissioner.com Run your Fantasy Basketball league for FREE with our fully-customizable league management service! http://basketball.commissioner.com The tab for SportsLine's FREE Fantasy Football is being picked up by Miller Lite, our favorite beer around here. Check them out offline at your local bar or online with us. Grab a Miller Lite. It's Miller Time! What does Carmen Electra have in common with Half.com? Nothing, but man is she HOT! Visit Half.com for HALF price on Music, Books, Movies & Games! Gear up this NFL Season with the best selection of licensed apparel for all 31 teams. Visit the NFL Fan Shop at MVP.SportsLine.Com for all your needs...all season long!! Brought to you by Sponsorship Bar You are receiving these e-reports because you have signed up for CBS SportsLine Fantasy Football. To customize, reschedule, or turn off these reports please click here Summary?Standings? Standings for Week 12 [IMAGE] Big 12 Division Team W L T Pct Back Strk Div Wks PF Back PA Meximullets 10 2 0 0.833 0.0 W6 5-1-0 2.0 1821.0 0.0 1463.0 The Rounders 7 5 0 0.583 3.0 W1 4-2-0 0.0 1678.0 143.0 1592.0 The Lie Downs 6 6 0 0.500 4.0 L2 2-4-0 2.0 1766.0 55.0 1572.0 Thrill Kill Cult 6 6 0 0.500 4.0 W2 2-4-0 0.0 1411.0 410.0 1525.0 Risk Managers 5 7 0 0.417 5.0 L3 4-2-0 1.0 1597.0 224.0 1741.0 Murder Inc. 3 9 0 0.250 7.0 L1 1-5-0 1.0 1396.0 425.0 1874.0 SEC Division Team W L T Pct Back Strk Div Wks PF Back PA Fear 8 4 0 0.667 0.0 L1 3-3-0 0.0 1740.0 81.0 1538.0 FDIC 8 4 0 0.667 0.0 W2 4-2-0 3.0 1655.0 166.0 1384.0 The Fat Bastards 7 5 0 0.583 1.0 L1 4-2-0 1.0 1631.0 190.0 1564.0 Ramiro 5 7 0 0.417 3.0 W1 3-3-0 1.0 1667.0 154.0 1829.0 Mean Machine 4 8 0 0.333 4.0 L5 2-4-0 0.0 1530.0 291.0 1581.0 The Snake Pit 3 9 0 0.250 5.0 W1 2-4-0 1.0 1417.0 404.0 1646.0 Scoring?Statistics? Meximullets Actives Player Pos Scoring Score Garcia, Jeff QB 16 PaCmp (16 Pts), 210 PaYd (10 Pts), 50 RuYd (5 Pts) 31.0 Davis, Stephen RB 85 RuYd (8 Pts), 3 Recpt (3 Pts), 21 ReYd (1 Pt) 12.0 Garner, Charlie RB 59 RuYd (5 Pts), 6 Recpt (6 Pts), 76 ReYd (3 Pts) 14.0 Freeman, Antonio WR 3 Recpt (3 Pts), 37 ReYd (1 Pt), 1 ReTD (17) (6 Pts) 10.0 Holt, Torry WR 4 Recpt (4 Pts), 125 ReYd (11 Pts) 15.0 Toomer, Amani WR 8 Recpt (8 Pts), 108 ReYd (10 Pts) 18.0 Brady, Kyle TE 5 Recpt (5 Pts), 62 ReYd (3 Pts) 8.0 Anderson, Gary K 1 FG (43) (3 Pts), 4 XP (4 Pts) 7.0 Ravens DT 3 Int (12 Pts), 1 SACK (2 Pts), PA (10 Pts) 24.0 [IMAGE] TOTALS ? ? 139.0 Meximullets Reserves Player Pos ST Scoring Score Autry, Darnell RB RS 59 RuYd (5 Pts), 1 RuTD (1) (6 Pts), 5 Recpt (5 Pts), 31 ReYd (1 Pt) 17.0 Bryson, Shawn RB RS 12 RuYd (1 Pt), 2 Recpt (2 Pts) 3.0 Hicks, Skip RB RS 19 RuYd (1 Pt), 1 Recpt (1 Pt) 2.0 McNabb, Donovan QB RS 25 PaCmp (25 Pts), 217 PaYd (10 Pts), 1 PaTD (1) (6 Pts), 1 PaInt (-3 Pts), 29 RuYd (2 Pts), 1 RuTD (7) (6 Pts), 1 Recpt (1 Pt) 47.0 Robinson, Marcus WR RS 5 Recpt (5 Pts), 53 ReYd (2 Pts) 7.0 Schroeder, Bill WR RS 8 Recpt (8 Pts), 155 ReYd (12 Pts) 20.0 Watson, Justin RB RS ? 0.0 Wilkins, Jeff K RS ? 0.0 [IMAGE] TOTALS ? ? ? 96.0 Player Updates?NFL Reports? Latest NFL Player News Jon Kitna , QB SEA - Ramiro Updated 11/21/00 Head Coach Mike Holmgren has named Brock Huard the starter for this week's game against the Broncos, relegating Kitna to the Seattle bench. Kitna was named the AFC's Player of the Week two weeks ago, but it obviously wasn't enough to keep the starting job. Elvis Grbac , QB KC - Ramiro Updated 11/21/00 Grbac injured the index finger on his throwing hand against the Bills, but the injury won't likely keep him from playing this week against the Chargers. "We'll see Wednesday or Thursday," said Head Coach Gunther Cunningham, "but from what the doctors told me, I think the opportunity's there for him to play." Broncos , DT DEN - The Rounders Updated 11/21/00 Cornerback Ray Crockett will miss at least four games with a torn hamstring. The injury occurred on the final play of the third quarter while Crockett was chasing down Chargers' wideout Jeff Graham. Nine-year veteran Jimmy Spencer will take over Crockett's position until he returns. Akili Smith , QB CIN - Free Agent Updated 11/21/00 Smith looks likely to get the start when the Bengals play Pittsburgh next Sunday. Scott Mitchell, who started Sunday's game against New England, is listed as doubtful with a sprained left knee he suffered in that game. Just because Smith is starting doesn't mean you should do the same - he needs to get in gear before he'll have any Fantasy value. Terrell Davis , RB DEN - Thrill Kill Cult Updated 11/21/00 Davis will undergo another MRI this week on his injured leg and is having an expert in San Francisco cross-check the results. At this point, the Broncos are preparing for this week's game against Seattle as if Davis were unavailable. If you have Davis' backup, Mike Anderson, it seems like a good idea to include him in your starting lineup this week. Curtis Martin , RB NYJ - Fear Updated 11/21/00 The status of the Jets' running back for this week's game against the Bears is still uncertain. Martin left Sunday's game in Miami with what was described as a strained back, and never returned to the field. He had an examination by team doctors yesterday, and had some X-rays taken as well. The club hasn't released any information on the resluts of the exam. If Martin is on your Fantasy squad, your best bet is to stay tuned as the week progresses. Laveranues Coles , WR NYJ - Fear Updated 11/21/00 According to New York Newsday , Coles will be unable to play in this week's game against the Bears. He was hit on the knee during the opening kickoff of the second half in Sunday's win over the Dolphins. If Coles is an integral part of your roster, look to pick up Dedric Ward, who should get more playing time in Coles' absence. Billy Joe Tolliver , QB NO - Free Agent Updated 11/21/00 The Saints re-signed Tolliver yesterday, after the 10-year veteran had been cut by the team during training camp. With Jeff Blake out for the season, New Orleans needed a No. 3 quarterback, so Tolliver will fill that role behind starter Aaron Brooks and backup Jake Delhomme. Jeff Blake , QB NO - Fear Updated 11/21/00 The Saints placed Blake on injured reserve yesterday, officially ending his season. He will have surgery on his fractured and dislocated right foot as soon as the swelling subsides and the extent of the damage is determined. Blake will be replaced by Aaron Brooks. Lamar Smith , RB MIA - Thrill Kill Cult Updated 11/21/00 Smith's status is still not certain, but he does expect to return for Sunday's game against the Colts. He left last week's game against the Jets after aggravating his strained right hamstring, an injury which he sustained a week earlier against the Chargers. Smith has been one of the year's biggest Fantasy sleepers, and has become an everyday starter for those Fantasy owners who were lucky enough to grab him. If he does in fact play this week, be sure to include him in your starting lineup. Jay Fiedler , QB MIA - Thrill Kill Cult Updated 11/21/00 Although his status is still up in the air, Fiedler expects that he will be ready to play in Sunday's AFC showdown against the Colts. Fiedler was injured on the first play of the Jets' game when linebacker Mo Lewis drove his head and shoulder into the turf. He suffered a slightly seperated throwing shoulder and developed muscle spasms in his back. Fielder isn't one of the better options in the Fantasy game, so avoid playing him this week even if he does start. Brad Johnson , QB WAS - The Fat Bastards Updated 11/21/00 The Redskins should know by Thursday if Johnson can re-assume his starting job for this week's showdown against the Eagles. He has started to test his injured left knee with some light dropbacks and will likely push the knee harder during practice on Wednesday and Thursday. Joe Jurevicius , WR NYG - Free Agent Updated 11/21/00 With the injury to Ike Hilliard, Jurevicius will likely start this week's game at Arizona. With only 12 receptions on the entire season, Jurevicius isn't a solid Fantasy option, so don't pick him up unless your roster is really straped for receivers. Bills , DT BUF - Ramiro Updated 11/21/00 Cornerback Antoine Winfield has been lost for the rest of the season with a torn labrum in his right shoulder. He suffered the injury three weeks ago against New England. Winfield has tried to play through the pain, but has aggravated the injury in each of Buffalo's last two games. Head Coach Wade Phillips announced to the media that Winfield will have surgery on Wednesday. His loss will hurt Buffalo's secondary, but they remain a solid defense in the world of Fantasy. Brock Huard , QB SEA - Free Agent Updated 11/21/00 Head Coach Mike Holmgren has named Huard the starter for this week's game against the Broncos. Huard took all of the snaps with the first team offense after a bye week, and is ready to make his first start since sustaining a concussion on Oct. 22 in Oakland. Huard isn't considered a solid Fantasy option, so don't start him until he shows some signs that he is ready to produce. Cardinals , DT ARI - Free Agent Updated 11/21/00 The Arizona defense came out of Sunday's loss to the Eagles extremely banged up. Linebacker Zach Walz, who just recently returned from knee surgery, is out with a broken left leg. Defensive tackle Mark Smith hurt his shoulder and had his arm in a sling on Monday. Safety Kwamie Lassiter was also injured in the game, suffering a sprained knee. With all of these injuries on defense, it's probably a good idea to keep the Cardinals' defense on the bench this week. Mike Alstott , RB TB - The Fat Bastards Updated 11/20/00 Alstott probably will miss the rest of the regular season after spraining his left knee in Tampa Bay's 13-10 loss to the Chicago Bears on Sunday. The Bucs described Alstott's injury as a third-degree sprain of the medial collateral ligament and said he is expected to be sidelined six to eight weeks. Charles Kirby, a third-year pro in his first season with Tampa Bay, will replace Alstott. Amani Toomer , WR NYG - Meximullets Updated 11/20/00 Toomer posted a great day for his Fantasy owners against Detroit, catching eight passes for 108 yards in the Giants' 31-21 loss. He may have a more difficult time next week against Arizona's All-Pro cornerback Aeneas Williams, so start him at your own discretion. Tiki Barber , RB NYG - The Rounders Updated 11/20/00 Barber caught eight passes and compiled 129 yards of total offense in Sunday's loss to the Lions. Look for Barber to get a number of looks out of the backfield this week against Arizona, as the Giants attempt to compensate for the loss of wide receiver Ike Hilliard. Kerry Collins , QB NYG - The Rounders Updated 11/20/00 Collins threw a season-high 51 passes on Sunday, but it wasn't enough to tame the Lions. Collins has been a more productive Fantasy option of late, throwing eight touchdown passes in his last three games. He may run into a road block this week against the Cardinals, however, especially if Ike Hilliard is unable to play. Without Hilliard, Arizona can put All-Pro cornerback Aeneas Williams on Amani Toomer, leaving Tiki Barber and Pete Mitchell as Collins' only real receiving options. If you can find a better quarterback than Collins this week, it might be a good idea to use him. James McKnight , WR DAL - The Lie Downs Updated 11/20/00 McKnight caught four passes for 50 yards in Sunday's loss at Baltimore. He could, however, be a good sleeper pick this week against the Vikings. Minnesota's secondary can be beaten downfield, so look for McKnight to try and break a few long ones in an effort to spark a banged up Dallas offense. Emmitt Smith , RB DAL - Ramiro Updated 11/20/00 Smith had his second consecutive subpar performance on Sunday against the Ravens, rushing for only 48 yards on eleven carries. He has been held to only 64 yards rushing in the past two weeks, which is significant when you consider that Smith is one of the league's greatest running backs of all-time. The combination of a short week and the loss of center Mark Stepnoski will hurt Smith's production, so it might be a good idea to sit him this week if your roster allows it. Troy Aikman , QB DAL - Free Agent Updated 11/20/00 Aikman found out just how good the Ravens' defense is on Sunday. He completed just 19-of-33 passes for 138 yards and three interceptions in Dallas' 27-0 loss in Baltimore. Aikman faces a Minnesota defense on Thanksgiving that has been solid in recent weeks, so don't expect any kind of Fantasy explosion from the Cowboys' aging quarterback. Ike Hilliard , WR NYG - The Fat Bastards Updated 11/20/00 Hilliard, who left Sunday's game against the Lions with a bruised sternum and lung, will remain in the hospital for the next two days and will likely miss this Sunday's game against Arizona. Look for Joe Jurevicius to start in Hilliard's place, but don't expect him to produce the same type of numbers that Hilliard has posted. Jamal Anderson , RB ATL - The Snake Pit Updated 11/20/00 Anderson ran 17 times for 76 yards against the 49ers Sunday. Although he has become more confident in putting weight on his bad knee, you probably won't see Anderson have a big game until next season. Don't expect things to get any better for Anderson next week when he goes up against a tough Raiders run defense. Johnnie Morton , WR DET - The Snake Pit Updated 11/20/00 Morton awakened from his slumber to catch six passes for 78 yards against the Giants Sunday. He only had one catch in each of the Lions last three games. Morton will probably struggle once again this Thursday when the Lions face a formidable Patriots secondary. Brett Favre , QB GB - Mean Machine Updated 11/20/00 While completing 23-of-36 passes, Favre threw for 301 yards with two touchdowns and one interception. He showed extreme toughness Sunday, starting the game despite suffering a sprained foot a week earlier. He should be just as effective next week against a docile Panthers pass rush. Carolina won't put too much pressure on Favre, allowing him to dissect the secondary, and pile up Fantasy points. Bill Schroeder , WR GB - Meximullets Updated 11/20/00 The Packers' wideout had what might have been his best game of the season against the Colts Sunday, racking up 155 yards on eight catches. He won't continue to post numbers like this, but look for Schroeder to have some success against the Panthers this Sunday. Ahman Green , RB GB - Ramiro Updated 11/20/00 Green ran for a career-high 153 yards on 24 carries Sunday against the Colts. His success should continue in upcomings games against the weak run defenses of the Panthers, Bears, and Lions. Aaron Brooks , QB NO - Free Agent Updated 11/20/00 In relief of Blake, the little-used Brooks completed 14-of-22 passes for 187 yards, with two touchdowns and one interception. Owners of Jeff Blake may want to consider picking up Brooks. It will take some time for Brooks to get used to playing in the NFL, but he could put up solid numbers in the final games of the season as the Saints face a plethora of weak pass defenses. More Updates Copyright 2000 Commissioner.COM Inc and SportsLine.com Inc. Your site is always at http://football.commissioner.com/kourn FB10SP
Start Date: 4/2/01; HourAhead hour: 17; HourAhead schedule download failed. Manual intervention required. LOG MESSAGES: PARSING FILE -->> O:\Portland\WestDesk\California Scheduling\ISO Final Schedules\2001040217.txt !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database Error: dbCaps97Data: Cannot perform this operation on a closed database Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: Crawler lifetime exceeded. Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) !!!An error occurred while attempting to initialize the Borland Database Engine (error $2A04) Error: dbCaps97Data: Cannot perform this operation on a closed database
---------------------- Forwarded by Benjamin Rogers/HOU/ECT on 09/14/2000 03:18 PM --------------------------- "Mike Gioffre" <dgioffre@hotmail.com> on 09/11/2000 10:35:13 AM To: dmears8894@aol.com, reedbohner@aol.com, jpgiles@hotmail.com, tom.giles@mail.house.gov, aukhound@aol.com, collins@archmereacademy.com, wdonato@safegardgroup.com, bhickey@cmiprint.com, miorii@aol.com, Secretsquirrel84@aol.com, cdolan@above.net, sncd@erols.com, mdorgan@celestica.com, thdiaman@sordoni.com, benjamin.rogers@enron.com, jpenney@hollandlessard.com, michelle.sautter@ibx.com, jverre99@hotmail.com, lconte@hearst.com, elizabeth.sprich@marriott.com, clukawski@hitt-gc.com, pfarinas@TVSA.com cc: Subject: Growin-up, Sad but true.... _________________________________________________________________________ Get Your Private, Free E-mail from MSN Hotmail at http://www.hotmail.com. Share information about yourself, create your own public profile at http://profiles.msn.com. Return-Path: <SValenti@TAC.TEXTRON.COM> Received: from rly-zc02.mx.aol.com (rly-zc02.mail.aol.com [172.31.33.2]) by air-zc03.mail.aol.com (v75_b3.11) with ESMTP; Mon, 11 Sep 2000 10:31:46 -0400 Received: from fw3.dc1.textron.com (srv3.dc1.textron.com [216.148.246.119]) by rly-zc02.mx.aol.com (v75_b3.9) with ESMTP; Mon, 11 Sep 2000 10:31:25 -0400 Received: from mrbbdc101.textron.com (mrbbdc101.textron.com [10.231.4.37]) by fw3.dc1.textron.com (AIX4.3/8.9.3/8.9.3) with SMTP id KAA13650; Mon, 11 Sep 2000 10:31:24 -0400 Received: by tacex1.tac.textron.com with Internet Mail Service (5.5.2650.21) id <P4HPK0GQ>; Mon, 11 Sep 2000 10:36:44 -0400 Message-ID: <8DC7D9845133D11190FC0000F81E92E205647064@tacex1.tac.textron.com> From: "Valentino, Stacy" <SValenti@TAC.TEXTRON.COM> To: "'ANASTASIAKB@aol.com'" <ANASTASIAKB@aol.com>, "'Hilary_Asselin@bshsi.com'" <Hilary_Asselin@bshsi.com>, "'Jarosz, Joy'" <joy.jarosz@cdicorp.com>, "'Kotsakis, Louis (LJK.)'" <lkotsaki@ford.com>, "'ptrintis@cs.com'" <ptrintis@cs.com>, "'Simone Trintis'" <strintis@hotmail.com>, "'steven.voikos@gm.com'" <steven.voikos@gm.com>, "'Valentino, Rob'" <valentinor@Budd.ThyssenKrupp.Com> Subject: FW: Sad but true.... Date: Mon, 11 Sep 2000 10:36:42 -0400 MIME-Version: 1.0 X-Mailer: Internet Mail Service (5.5.2650.21) Content-Type: text/plain; charset="iso-8859-1" > > >Sad but true.... > > > > > > Top 25 Signs That You've Already Grown Up > > > > > >1. Your potted plants stay alive. > > > > > >2. Having sex in a twin sized bed is absurd. > > > > > >3. You keep more food than beer in the fridge. > > > > > >4. 6:00 AM is when you get up, not when you go to sleep. > > > > > > 5. You hear your favorite song on an elevator. > > > > > >6. You carry an umbrella. You watch the Weather Channel. > > > > > > 7. Your friends marry and divorce instead of hookup and > > > breakup. > > > > > >8. You go from 130 days of vacation time to 7. > > > > > > 9. Jeans and a sweater no longer qualify as 'dressed up'. > > > > > >10. You're the one calling the police because those darn kids > > > next door don't know how to turn down the stereo. > > > > > >11. Older relatives feel comfortable telling sex jokes around > > > you. > > > > > >12. You don't know what time Taco Bell closes anymore. > > > > > >13. Your car insurance goes down and your car payments go up. > > > > > >14. You feed your dog Science Diet instead of McDonald's. > > > > > >15. Sleeping on the couch makes your back hurt. > > > > > >16. You no longer take naps from noon to 6 p.m. > > > > > >17. Dinner and a movie - The whole date instead of the > > > beginning of one. > > > > > >18. MTV News is no longer your primary source for > > > information. > > > > > > 19. You go to the drugstore for Ibuprofen and antacids, not > > > condoms and pregnancy test kits. > > > > > >20. A $4.00 bottle of wine is no longer 'pretty good stuff,' > > > > > > 21. You actually eat breakfast foods at breakfast time. > > > > > >22. Grocery lists are longer than macaroni & cheese, diet > > > Pepsi & Ho-Ho's. > > > > > >23. "I just can't drink the way I used to" replaces "I'm > > > never going to drink that much again." > > > > > >24. Over 90% of the time you spend in front of a computer is > > > for real work. > > > > > >25. You don't drink at home to save money before going to > > > bar. > > > > > > > C.H.E.N. PR, Inc. > > 1601 Trapelo Road > > Waltham, MA 02451 > > (p) 781-466-8282 ext. 17 > > (f) 781-466-8989 > > emcshane@chenpr.com
------------------------------------------------------------------------------ ------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R May 18, 2001 5:00pm through May 21, 2001 12:00am ------------------------------------------------------------------------------ ------------------------ SCHEDULED SYSTEM OUTAGES: ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages ENRON NORTH AMERICAN LANS: No Scheduled Outages. FIELD SERVICES: No Scheduled Outages. INTERNET: Impact: Internet Time: Fri 5/18/2001 at 10:30:00 PM CT thru Fri 5/18/2001 at 11:30:00 PM CT Fri 5/18/2001 at 8:30:00 PM PT thru Fri 5/18/2001 at 9:30:00 PM PT Sat 5/19/2001 at 4:30:00 AM London thru Sat 5/19/2001 at 5:30:00 AM London Outage: Upgrade IOS on ENEFW4 Environments Impacted: Internet Purpose: The new code has bug fixes and stateful failover feature. Backout: Revert back to old IOS. Contact(s): John Shupak 713-853-7943 Bryan Aubuchon 713-345-8446 MESSAGING: Impact: Corp Notes Time: Fri 5/18/2001 at 9:00:00 PM CT thru Sat 5/19/2001 at 1:00:00 AM CT Fri 5/18/2001 at 7:00:00 PM PT thru Fri 5/18/2001 at 11:00:00 PM PT Sat 5/19/2001 at 3:00:00 AM London thru Sat 5/19/2001 at 7:00:00 AM London Outage: cNotes Server Reboots Environments Impacted: All users on any of the mailservers listed below Purpose: Scheduled @ 2 week interval Backout: Make sure server comes up. Contact(s): Trey Rhodes (713) 345-7792 Impact: EI Time: Fri 5/18/2001 at 9:00:00 PM CT thru Sat 5/19/2001 at 1:00:00 AM CT Fri 5/18/2001 at 7:00:00 PM PT thru Fri 5/18/2001 at 11:00:00 PM PT Sat 5/19/2001 at 3:00:00 AM London thru Sat 5/19/2001 at 7:00:00 AM London Outage: EI Notes Server Maintenance Environments Impacted: EI Local/Domestic/Foreign Sites Purpose: Scheduled @ 2 week interval Backout: N/A Contact(s): David Ricafrente 713-646-7741 MARKET DATA: Impact: CORP Time: Wed 5/16/2001 at 4:45:00 PM CT thru Wed 5/23/2001 at 4:45:00 PM CT Wed 5/16/2001 at 2:45:00 PM PT thru Wed 5/23/2001 at 2:45:00 PM PT Wed 5/16/2001 at 10:45:00 PM London thru Wed 5/23/2001 at 10:45:00 PM London Outage: Market Data Cable Management EB3460 Environments Impacted: All Trading Groups Purpose: Improve computer room environment. Perform cable management in order to comply with computer room standards. Backout: N/A Contact(s): John Sieckman 713-345-7862 NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER SYSTEMS: Impact: Corp, OTS, ETS DATE: MAY 29, 2001/2/2001 at 5:30:00 PM Outage: Migrate DSS Server to GTHOU-APPSQ03P Environments Impacted: DSS users will not be able to access the old server (ENEDS01_ADAPT)after this date Purpose: The existing server is outdated, migrating to SQL 2000 provides increased functionality and conforms to database platform requirements. Backout: Contact(s): Mary Vollmer 713-853-3381 Joe Hellsten 713-853-7346 713-545-4164 Impact: CORP Time: Sat 5/19/2001 at 10:00:00 AM CT thru Sat 5/19/2001 at 4:00:00 PM CT Sat 5/19/2001 at 8:00:00 AM PT thru Sat 5/19/2001 at 2:00:00 PM PT Sat 5/19/2001 at 4:00:00 PM London thru Sat 5/19/2001 at 10:00:00 PM London Outage: Moving Production Database TDSPROD Environments Impacted: ENA Purpose: This database is being moved to give the space it is currently using to the Enpower database on that server. The new server Refraction will also allow TDSPROD to expand as well. Backout: The old instance will be restarted and the TNSNAMES.ORA entry will be changed to point at the old instance. Contact(s): John Jahnke 713-345-4398 Impact: CORP Time: Sat 5/19/2001 at 9:00:00 PM CT thru Sun 5/20/2001 at 12:00:00 AM CT Sat 5/19/2001 at 7:00:00 PM PT thru Sat 5/19/2001 at 10:00:00 PM PT Sun 5/20/2001 at 3:00:00 AM London thru Sun 5/20/2001 at 6:00:00 AM London Outage: Resource addition for server moe. Environments Impacted: Sitara, PEP, Global Purpose: Server is memory and cpu constrained. Backout: Shutdown the server and revert to old configuration. Contact(s): Malcolm Wells 713-345-3716 SITARA: Also see above Impact: CORP Time: Sat 5/19/2001 at 2:00:00 PM CT thru Sun 5/20/2001 at 12:00:00 AM CT Sat 5/19/2001 at 12:00:00 PM PT thru Sat 5/19/2001 at 10:00:00 PM PT Sat 5/19/2001 at 8:00:00 PM London thru Sun 5/20/2001 at 6:00:00 AM London Outage: Resource additionto Sitara server aurora. Environments Impacted: Sitara production Purpose: Add needed cpu and memory. Backout: Remove the newly added resources and restart under the old config. Contact(s): Malcolm Wells 713-345-3716 SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: No Scheduled Outages TERMINAL SERVER: No Scheduled Outages. UNIFY: Impact: CORP Time: Fri 5/18/2001 at 3:00:00 PM thru Sun 5/20/2001 at 11:45:00 PM Outage: Unify Power Production Server Maintenance Environments Impacted: Unify Users Purpose: Infrastructure required maintenance Backout: Contact(s): Brian Ripley 713-345-4709 Charles Ballmer 713-853-0684 Bob Ward 713-345-4409 SCHEDULED SYSTEM OUTAGES: Australia Impact: CORP Time: Sat 19-May-2001 at 10:00:00 AM Sydney thru Sat 19-May-2001 at 3:00:00 PM Sydney Sat 19-May-2001 at 1:00:00 AM GMT (London) thru Sat 19-May-2001 at 6:00:00 AM GMT (London) Fri 5/19/2001 at 7:00:00 PM CT (Houston) thru Sun 5/20/2001 at 12:00:00 AM CT (Houston) Fri 5/19/2001 at 5:00:00 PM PT (Portland) thru Sat 5/19/2001 at 10:00:00 PM PT (Portland) Outage: Sydney UPS Test & Service Environments Impacted: Corp Sydney - all systems Purpose: Original UPS needs testing & service. Will require Server Room to be de-powered to allow maintenance. Backout: Plug equipment into unconditioned power. Contact(s): Colin Wood +61-416-248-353 Elliott Katz +61-292-292-309 ------------------------------------------------------------------------------ ------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797
---------------------- Forwarded by Judy Hernandez/HOU/ECT on 08/10/2000 09:02 AM --------------------------- Angela Barnett 08/09/2000 07:51 AM To: Regina Blackshear/Corp/Enron@ENRON, Sandra R McNichols/HOU/ECT@ECT, Judy Hernandez/HOU/ECT@ECT, Nikki Johnson/NA/Enron@Enron, Angela Gill/NA/Enron@Enron, Warren Perry/Corp/Enron@Enron, Derick Jones/Corp/Enron@Enron, Eve Puckett/Corp/Enron@ENRON, Jorge Olivares/Corp/Enron@ENRON, Diane Salcido/Corp/Enron@Enron cc: Subject: Fwd: ---------------------- Forwarded by Angela Barnett/HOU/ECT on 08/09/2000 07:49 AM --------------------------- Mary Westbrook <kittenkid_65@yahoo.com> on 08/08/2000 03:01:58 PM To: kttn0965@aol.com cc: Subject: Fwd: Note: forwarded message attached. __________________________________________________ Do You Yahoo!? Kick off your party with Yahoo! Invites. http://invites.yahoo.com/ X-Apparently-To: kittenkid_65@yahoo.com via web701.mail.yahoo.com X-Track: 1: 40 Received: from modem1.nwebs.com (EHLO mail.nwebs.com) (216.88.91.10) by mta112.mail.yahoo.com with SMTP; 08 Aug 2000 12:49:08 -0700 (PDT) Received: by mail.nwebs.com from localhost (router,SLMail V4.1); Tue, 08 Aug 2000 14:48:10 -0500 for <kittenkid_65@yahoo.com> Received: from proclaim18 [216.88.93.120] by mail.nwebs.com [216.88.91.10] (SLmail 4.1.3395) with SMTP id 9F605F188BF54108AB5B0613FA328918 for <kittenkid_65@yahoo.com>; Tue, 08 Aug 2000 14:48:09 -0500 Message-Id: <3.0.1.32.20000808145142.006b37d8@mail.proclaimamerica.com> X-Sender: pa7@mail.proclaimamerica.com X-Mailer: Windows Eudora Pro Version 3.0.1 (32) Date: Tue, 08 Aug 2000 14:51:42 -0500 To: kittenkid_65@yahoo.com From: Mary <mary@proclaimamerica.com> Subject: Mime-Version: 1.0 Content-Type: text/plain; charset="us-ascii" X-SLUIDL: 67333451-D9CC4A5D-B7FD912E-25254AE9 Content-Length: 11882 Read, sign and send on...-PLEASE READ & SIGN AT THE BOTTOM "I went to a party, Mom" I went to a party, and remembered what you said. You told me not to drink, Mom so I had a sprite instead. I felt proud of myself, the way you said I would, that I didn't drink and drive, though some friends said I should. I made a healthy choice, and your advice to me was right as the party finally ended, and the kids drove out of sight. I got into my car, sure to get home in one piece, I never knew what was coming, Mom something I expected least. Now I'm lying on the pavement, And I hear the policeman say, The kid that caused this wreck was drunk," Mom, His voice seems far away. My own blood's all around me, as I try hard not to cry. I can hear the paramedic say, This girl is going to die." I'm sure the guy had no idea, while he was flying high, because he chose to drink and drive, now I would have to die. So why do people do it, Mom Knowing that it ruins lives? And now the pain is cutting me, like a hundred stabbing knives. Tell sister not to be afraid, Mom tell daddy to be brave, and when I go to heaven, put "Daddy's Girl" on my grave. Someone should have taught him, that its wrong to drink and drive. Maybe if his parents had, I'd still be alive. My breath is getting shorter, Mom I'm getting really scared. These are my final moments, and I'm so unprepared. I wish that you could hold me Mom, as I lie here and die. I wish that I could say I love you, Mom So I love you and good-bye. We are hoping to get 5,000 signatures on this email and then send it to the president. PLEASE SIGN. IF YOU GET THIS PLEDGE AND DELETE IT, YOUR SELFISHNESS KNOWS NO BOUNDS... SUCH A SMALL PROMISE TO MAKE. PLEASE READ THIS STORY AND THEN SIGN THE PLEDGE! SIGN IT AND ADHERE TO IT: Copy the entire e-mail and paste it into a new e-mail. Then send it to everyone you know. Don't forget to add your name to the bottom! Please!!!! 1. Adam Ross Kalesperis 2. Deanne Peruse 3. Raphal Nash 4. Courtney Easter 6. Tracy Lamont 7. Traci Arbisi 8. Faye Hollenbeck 9. Devin E. Davis 10. Starla Shaver 11. Theresa Brehm 12. Lisa Brehm 13. Courtney Barnett 14. Erika Hurst 15. Kym Moschgat 16. Michael Hansen 17. Matt Weston 18. Laura Bunch 19. Daniel Lawson 20. Ashley Byrd 21. Brian Chadwell 22. Bonnie Morrical 23. Susan S 24. Michele Zader 25. Denise Marie Haines 26. Keshia Marie Siders 27. Amy Sue Tresenrider 28. Tracie Balthaser 29. Diana Kaufman 30. Brooke Newkirk 31. AARON BLACKBURN 32. Christina M.B. 33. Crystal Mckenzie 34. Kate Laroche 35. Callie Firman 36. Christy Turner 37. Rebecca Turner 38. Elena Thomas 39. Missy Burke 40. Erin McCalla 41. Lindsay Potrafke 42. Jenny Eckel 43. Cassandra Duggan 44. Amy Liebisch 45. Eric Widmeyer 46. Alisa Huth 47. Pam Augustine 48. Leanne Trdinich 49. Megan LeDonne 50. Kristen Kennedy 51. Maura Bennardo 52. Lisa Wilt 53. Amanda Pietz 54. David DiCosol 55. Connie Carozza 56. Jaime Jacoby 57. Erin Edmunds 58. Erin Berecek 59. Becky Porter 60. Alana Miller 61. Carrie Vermillion 62. Susan Spearing 63. Gaye Sougstad 64. Lynn Snider 65. David Shores 66. Carol Conway 67. Natalie Fair 68. Alissa Lloyd 69. Rebecca Wheeler 70. Lisa Riedel 71. Eric Vaughan 72. Danielle Seaman 73. Elizabeth Ambrose 74. Katy Mahannah 75. Susan Hall 76. MIRANDA CUNDY!! 77. Meg Kells-Murphy 78. Samantha Kaiiher 79. Travis Lincoln 80. Randy 81. Chris Vargoshe 82. Matthew Bursell 83. Crystal Dambowsky 84. Kyle freaken McEneany 85. Krystal Scharn 86. Laura Rothrock 87. Bethany Bucci 88. Amy Satkevich 89. Christine Rich (ween 90. Courtney Reilly 91. Lauren Tighe 92. Jackie White 93. Liz Farrell 94. Kathryn M. 95. Heather Anne Lowery 96. Katie Jo 97. Cara Brenner 98. Emily Green 99. Emily Harris 100. Emily Chen 101. Sarah Schererm 102. Eric Eisenberg 104. SlickDan Goldstein 105. Abby Kimmelman 106. Alyssa Lee 107. David Hoffman 108. Celia Kather 109. Susan Ginn 110. Carly Smith 111. Anna Karis 112. Alison Deffenbaugh 113. Litzi Paredes 114. Teresa Eldridge 115. Stephanie Reese 116. Jamie Turner 117. Jenny Showalter 118. Meg Wooldridge 119. Kevin T$chai 120. Loan Nguyen 121. Elizabeth Yorns 122. Katie McGowan 123. Angie Henderson 124. The Troyfish of VT 125. Natalie Corrigan of VT 126. Dyanis Conrad 127. Vasil Popov 128. Marie Huitt 129. Jessi McMahan 130. Courtney Kelly 131. Tracy Smith 132. Jenny Fisher 133. Sally J. James-in memory of William Burden and James Chandler. 134. Rachael Harness 135. Jan E. Conley 136. Kari M.Fellers 137. Dawn Love 138. Staci Smith 139. Douglas Blair 140. Brooke Rhea 141. Rachel Hammons 142. Brian Gallion 143. Ben Morrow 144. Jimmie McKinley 145. Erica M. Smothers 146. Jason Wilchie 147. Frank Smith 148. Kevin Rider 149. Matt Masley-In memory of Alison, killed by a drunk driver 1/9/1998. 150. Deepak Deean 151. Liz Dedrick 152. Jessa 153. Maureen (MO 154. Dawn O. 155. Paul M.~Peewee 156. Vanessa R.~Venus 157. Ryan Cabral(stangman) 158. Rachel Miller 159. Christy Fairlie 160. Julie Snyder 161. Alex La 162. Mariah Reyes 164. Brandon Castrejon 165. Ashley L 166. Jeffrey Yamauchi 167. Lois Kuo 168. Priscilla Kuo 169. Mei W.W 170. Gennie W. Alasagas 171. P.J. R. Alasagas 172. Charina Gonzales 173. Nieves M. Ague 174. Calley Redd 175. Alexandra Hart 176. Lisa Peterson 177. Amber Neil 178. Mandy Cox 179. MICHELLE REQUA 180. Meghan Anne Meyer --- In memory of James and Kendall died from a drunk driver January 1,1996. 181. LAUREN BUTTLAR 183. Brandie Thomas 184. Lorianna Moreno 185. Kris Jensen-In memory of Pat Byrd,killed by a drunk driver on January 1, 1999. 186. Katie Essig 187. Jenny Haney-In memory of Shane Moore and Anthony Saucedo killed July 9th when they were driving drunk 188. Kim Jones 189. Sarah Bellamy 190. Jon McInturff 191. Elizabeth Price 192. Lesley Kuras 193. Kellyn Blossom 194. Jenna Cullinane 195. Katherine Gritter 196. Ben Thompson 197. Andrea Durell- In memory of the choad car... 198. Erin Rae Lengkeek....ditto " " " " " ' 199. Tiffany Megan Lott 200. Carrie Deathriage 201. Melissa Mao 202. Emily Leong 203. Jill Burkholder 204. Meghan Cloud 205. SLS 206. Karen Roy 207. Kasey Kniffin 209. Tom Miyashiro this is for u joe... 210. Jesse Jet Bellefleur 211. Pamichic 212. Fionaap281 213. Ann McDermott 214. Gina Cerrito 216. Melissa Coleman 217. Morgan Saltsgiver 218. Erin Warrner 219. Jennifer Warrner 220. Kayla JOY McKenzie 221. Alison L. 222. Denise M. Malagari 223. Amber Lynn Chesebrough 224. Holly Chesebrough 225. Daryl DuLong 226. Diana Lupa 227. Todd J. Pipitone 228. Eric W. Davies 229. Kristin Landis 230. Dave Woods 231. S.Whitney 232. Christina Sweeder 233. Sanam de Lorme 234. Lindsey Eigenbrode 235. Meredith Keller 236. Candice Roubin 237. ANGEL** 238. Kathleen 239. Alex Rowe 240. Rachel "T" Thompson 241. Abe Thompson 243. David Dare 244. Sarah Gullemette 245. Ben Cormier 246. Devon Smith 247. Ashley 248. Amy 249. Nicole Thibodeau 250. Katie Wallace 251. Jessica Shanahan 252. Brianna Harmer 253. Mary E. Sundberg 254. Kristen Sundberg 255. Lindsay Chandler 256. Heather King 257. Nyleen Veigas 258. Catrina Basset 259. Melissa Ford 260. Ashlie Johnson-In memory of my beloved John Doe- 261. Ashley Jackson 262. Mark Pepperdine 263. Colleen Pepperdine 264. Monica Waldrop 265. Rebekah Martinez 266.Heather VonKahle - my brother was killed by a drunk driver Cortney Minnix 268. April L. Pepperdine 269. Kelly Conlon 270. Maura Marsico ~~May The Work That Ive Done Speak For Me Now I'll never forget you chris 271. Nikki K. 272. Jeff D " DUBS 273. Carli Gilbride 274. Renee' Moore 275. Tracy Bunting-in memory of Shawn Johnson killed onis birthday while driving drunk. 276. B. POIGNARD 277. Debi Kennedy 278. D BONAMI (For my brother-in-law (firefighter dedicated to helping others) who has a permanent back injury from a drunk driver) 279. Judy Moore 280. Laurie Eames 281. Jackie White 282. Amy R Sheets 283. Andy Crosier 284. Rodney Crosier & family 285. Bonnie Aylor 286. Dean Crosier 287. Brenda Billings 288. Lisa Davis 289. Melissa Strange 290. Jennifer Braddy 291. Nancy M. Yarley 292. Wilhemenia Ford-Farrow 293. Heide Aicher 294. Melissa Chapp 295. Deborah Scobie 296. Gwen Willis 297. Dennis Willis 298. Jill Graham 299. Karen Beamon 300. Judith Becker 301. Marion Hughes 302. denise thompson 303. Lily L. Horsley 304. Margaret Schupe 305. Ginny Ploch 306. Sally H. 307. Mary Mcfarland 308. Gina Guardiola 309. D. Guerra 310 Patrick Carroll 311. Raeann Catanese 312. Yvonne Selden 313. Cary Selden 314. Jovita Mendoza 315. Angela Mendoza 316. Tiffany Salkoski 317. Sandy DeSantis 318. Amy Van Pinxten 319. Tony Mangum 320. Sonya Nordquist - in memory of my best friend Karin Okesson hit by a drunk driver in NYC (93). 321. Elizabeth Thurston 322. Lesley Driver 323. Judy Driver 324. Joanna, RN-Spinal Cord Injury rehab nurse-drunk drivers don't always kill...sometimes they severely handicap through brain injury and spinal cord injury 325. Kristen Hewett 326.Lynn Lordi 327. Jackie Vazquez 328. Migdalia Tuero 329. Michelle Beasley 330. Tracie Teal 331. Allie 332. Monique Pinckney 333. Kelly Rae Robbins 334. Anthony Scott Robbins - In memory of Susan Mosely (Age 31/Three Children) 335. Melissa Brannen 336. JoEllen Sandek 337. Peter Sandek 338. Paul Arnold 339. Lin Arnold 340. Mark Dixon - I used to drink and drive 341. Chuck Wheeler- Ditto 342. Yvonne B. Wetmore 343. Carol L. Swarner 344. Martha R. Priest 345. Pamela S Creech 346. Ronald W. McCarty 347.Vince Workman 348. Darrell Thompson in memory or Malik Sealy killed by a drunk driver 3 weeks ago 349. Bill Steele - A parent who loves kids 350. Marge Miller 351. Jayne Spooner 352. Kelly Carkson 353. Rhonda M. Cash (In memory of my brother, Kevin Slattery killed Sept. 1977 along with his friends, George Rice, Bob Cappo and Menno Jochums-all were killed labor day weekend the year they graduated -the weekend before all were to go on to college) 354. Tina Rogers- In memory of so many friends and family 355. Andrea Katz 356. Laurie Ledbetter 357. Christina Daniels 358. Nunez Family 359. Gary Reed 360. Donna Beriault 361. Odette Amigo 362. Paula Scaini 363.Lyne Desormeaux 364. Louise Dupuis 365. Ron Landriault 366. Geoff Kneen 367. Shari McIntosh 368. Line Delorme 369. Cecily Gonzalez 370. trish lanthier 371. France Laurin Lupien 372. Anne Peters 373. Jo-Anne Ladouceur 374. Dan Bastien 375. Rene Periard Gatineau P.Quebec 376. Lee-Anne Peluk (in memory of my friends Alex Potenza, and David Eggertson who were killed at only 16 years of age) 377. Kyla Tabak 378. Joan Roberts 379. Jennifer Jordan 380. Jayne Cranz 381. Carolyn Bower 382. Kari Bodeker 383. Sheri Ridgway 384.Christina Jones 385.Taylor j. 386.karlie albrecht 387.chantel jeffery 388.courtenay jones 389.Erik Moe 399.Serina Hansen 400.Andrea Welch 401.April Ratcliff 402.DaLonna Dawson 403. Tonia Coronado 404. M. Castell 405. B.A. Bickerstaff 406. Mary K. Westbrook - For Allen, may you always make the right decision, I love you.
I'm far afield of my area of expertise, but Boyd's comments make a great deal of sense to me. Gregg, did you/will you pass these along to PERC? Perhaps it would help if Boyd could speak directly to the PERC person with the typewriter, so to speak. Kay "Boyd J. Springer" <bjspringer%JONESDAY@JonesDay.com> on 08/28/2000 09:10:10 AM To: gregg.penman@enron.com cc: kay.mann@enron.com Subject: 7-101 Petition re Master Sales Agreement _______________________________________________________________ This message and any attachments are intended for the individual or entity named above. If you are not the intended recipient, please do not read, copy, use or disclose this communication to others; also please notify the sender by replying to this message, and then delete it from your system. Thank you. _______________________________________________________________ These are my comments re the draft Petition forwarded by Peoples on Friday: (1) The Petition describes PERC in paragraph and refers to PERC in par. 3. PERC, however, is not a party to the Master Agreement, and the Petition does not discuss request any relief with respect to PERC. I don't see why there is a need to reference PERC. (2) It is my understanding that, under the Master Agreement, there will be two types of transactions: (a) simple buy/sells at a clear market price; and (b) complex transactions with sharing arrangements, management fees and similar structures. As we have discussed, the first type of transaction, simple buy/sells at a market price fall under an exemption to Section 7-101's approval requirement (220 ILCS 5/7-101(4)). These types of transactions do not require ICC approval and MEH/Peoples are free to engage in such transaction now. I would suggest that the Petition point this out, particularly if (as I suspect is the case) MEH and Peoples are now conducting such transactions or may wish to do so before the ICC acts on the Master Agreement. Because the Master Agreement covers certain transaction which need approval and other which do not, I would suggest that the Petition make this clear and request approval only "to the extent required". (This was the language used by NIGAS in seeking approval of a buy/sell agreement in Docket 95-0302.) (3) With respect to the transactions which do require approval (the complex ones with sharing arrangements, management fees and similar structures), the draft Petition doesn't say much. It says (Par. 5) that transactions under the Agreement will optimize the use of the gas supply and capacity assets of Peoples and MEH; (Par. 9) that Peoples has similar master contracts with non-affiliated entities; (par. 10) that the agreement will not interfere with Peoples' operations; and (par. 10) that the Agreement is in the best interest of Peoples and its customers. All of these statements are fine to include, but the ICC is likely to want to know more about why the agreement is in the public interest. Perhaps a sentence or two could explain how the Agreement will optimize Peoples' use of its gas supply and capacity assets (e.g., by using capacity which otherwise would be idle) and how this will benefit Peoples' Illinois ratepayers (e.g., a credit to PGA gas costs). Also, Peoples is asking that the ICC pre-approve an arrangement under which the "details" of individual transactions will be filled in later. As I understand it, the "details" will include such things as the level of management fees and other compensation terms. To facilitate approval, it would be best to have some sort of guideline to suggest to the ICC, i.e., a management fee within a certain amount or percentage of a specified index level. If there is an industry standard approach that could be referenced, that may be of use. The Petition suggests that there are other Agreements of this type with non-affiliates. Perhaps reference could be made to pricing provisions under one or more of those agreements. If it is not possible to be any more specific, I am concerned that the ICC may want to wait and review individual transaction rather than giving blanket approval without knowing more. (4) The ICC approval process can take 4-5 months (sometimes more) to complete. The required approval time, however, can be cut down significantly when the apprval filing includes a Peition and supporting testimony that lays out all the information needed to conclude that a proposed arrangement is in the public interest (the interest of Illinois ratepayers). The Petition itself need not include all the details (it need only lay out the case ingeneral terms). A filing package which, with accompanying testimony, tells the full story will expedite the approval process.
Great summary. I think the two main issues you raise are the right ones, but I have one other thought we should discuss internally. Do we want to create a set of incentives for the management of PJM that would entitle management to incentive compensation to the extent they meet certain goals -- eg relieving congestion on the grid, increasing throughput across the transmission system, expediting interconnection (measured in terms of actual interconnections not just applications approved), etc. This way we could create an organization that would have the incentive to make a workable and open transmission system. From: Sarah Novosel on 07/13/2001 07:57 AM To: Kevin M Presto/Enron@EnronXGate, Mark Dana Davis/HOU/ECT@ECT, Jeff Ader/HOU/EES@EES, Edward D Baughman/Enron@EnronXGate, Joe Gordon/Enron@EnronXGate, Janelle Scheuer/Enron@EnronXGate, mbrown9@enron.com, Mark Bernstein/HOU/EES@EES, John Llodra/Enron@EnronXGate, W David Duran/Enron@EnronXGate, George Wood/Enron@EnronXGate, Dave Perrino/SF/ECT@ECT, Paul J Broderick/Enron@EnronXGate, Jason Thompkins/Enron@EnronXGate, Mason Hamlin/Enron@EnronXGate, Robert Stalford/Enron@EnronXGate, Tom May/Enron@EnronXGate, Gautam Gupta/Enron@EnronXGate, Narsimha Misra/Enron@EnronXGate, Steve Montovano/NA/Enron@Enron, Garrett Tripp/Enron@EnronXGate, Berney C Aucoin/Enron@EnronXGate, Jason Thompkins/Enron@EnronXGate, Rob Wheeler/Enron@EnronXGate, Rogers Herndon/Enron@EnronXGate, Jim Meyn/Enron@EnronXGate, Aleck Dadson/Enron@EnronXGate, Daniel Allegretti/Enron@EnronXGate, Pearce W Hammond/HOU/EES@EES, Donna Fulton/Corp/Enron@ENRON, Howard Fromer/NA/Enron@Enron, Kathleen Sullivan/NA/Enron@ENRON, Tom Hoatson/Enron@EnronXGate, Thane Twiggs/Enron@EnronXGate, Sarah Novosel/Corp/Enron@ENRON, Christi L Nicolay/HOU/ECT@ECT, James D Steffes/NA/Enron@Enron, Linda Robertson/NA/Enron@ENRON, Richard Shapiro/NA/Enron@Enron, Steven J Kean/NA/Enron@Enron, Charles Decker/HOU/EES@EES, Nick Politis/Enron@EnronXGate, sscott3@enron.com, Aleck Dadson/Enron@EnronXGate, Lloyd Will/Enron@EnronXGate, Ray Alvarez/NA/Enron@ENRON, Susan M Landwehr/NA/Enron@Enron, Charles Yeung/HOU/ECT@ECT, Andy Rodriquez/Enron@EnronXGate, John J Lavorato/Enron@EnronXGate, Louise Kitchen/Enron@EnronXGate, Greg Whalley/Enron@EnronXGate, susan.j.mara@enron.com, Jeff Dasovich/NA/Enron@Enron, Karen Denne/Enron@EnronXGate, mpalmer@enron.com, Alan Comnes/Enron@EnronXGate, Tom Briggs/NA/Enron@Enron, John Shelk/NA/Enron@Enron, Pat Shortridge/Corp/Enron@Enron, Chris Long/Corp/Enron@ENRON, Mike Roan/ENRON@enronXgate, Kerry Stroup/NA/Enron@Enron, Janine Migden/Enron@EnronXGate, Dave Mangskau/Corp/Enron@ENRON cc: Subject: PJM RTO Order Attached is a summary of the PJM RTO order. While it is somewhat lengthy, the order has a lot of good information in it that I wanted to share with the group, particularly the Commission's statements regarding the existing configuration of the northeast and the need to expand it. We are working on summaries of the New York and New England RTO orders and will have those out shortly. If you would like copies of the orders, just let us know. We expect the mediation proceeding to begin within the next week. We will keep you updated. Sarah
Sorry it took me so long to respond. It's been really busy here lately. You're going to be so disappointed in us, but we never ended up kayaking. Monique and I were so glad that you and Luke came to meet us for drinks. It was so fun getting to talk to y'all and hear all about Seattle and Vancouver. The weather actually turned out to be really good so we spent a lot of time outside. The Market was fantastic. We actually bought some boiled shrimp there and took in back to the hotel for a little in room picnic. We also hit "the Bite" which was really neat. Glad you and Luke had a good time in the mountains and please let me know the next time you're in Houston. It be great to see you again. Thanks again for everything, Susan -----Original Message----- From: "Bonnie Lathram" <blathram@LMNArchitects.com>@ENRON [mailto:IMCEANOTES-+22Bonnie+20Lathram+22+20+3Cblathram+40LMNArchitects+2Ecom+3E+40ENRON@ENRON.com] Sent: Wednesday, July 25, 2001 3:02 PM To: Scott, Susan M. Subject: RE: more seattle advice Tell me about the rest of your trip/ it was so fun seeing you again and meeting monique. luke and i both had a really good time i want to hear all about kayaking, etc as i have not yet tried it in seattle. hope the weather was nice. we were up in the mountains and it was chilly and kind of cloudy (but really nice- we saw a black bear and a few rainbows)- just gorgeous now back to hot and sunny down in houston, huh??? well i hope yall had fun and it was great seeing yuo maybe i will see you soon, if i can ever get to going down to houston to see brad and lisa and my little sister make sure you tell lisa hello for me Take care bonnie -----Original Message----- From: Susan.M.Scott@enron.com [mailto:Susan.M.Scott@enron.com] Sent: Tuesday, July 17, 2001 3:16 PM To: Bonnie Lathram Subject: RE: more seattle advice Thanks Bonnie...we're staying at the Mayflower Inn. I'll give you a call on your cell phone when we get to town. It may not be until Friday though since our plane gets in late...but I'll call none the less. Susan -----Original Message----- From: "Bonnie Lathram" <blathram@LMNArchitects.com>@ENRON [mailto:IMCEANOTES-+22Bonnie+20Lathram+22+20+3Cblathram+40LMNArchitects+ 2Ecom+3E+40ENRON@ENRON.com] Sent: Tuesday, July 17, 2001 10:30 AM To: Scott, Susan M. Subject: more seattle advice hey i emailed one of my friends and asked her about kayaking,etc. when i get a chancce i will look up some internet sights that might have info on that sort of thing in seattle. if you have a sec, you may want to try seattleinsider.com--- i think they are supposed to be pretty good and helpful i havent talked to luke yet, so i dont exactly know my plans for the weekend unfortunately.... i am thinking that i will head to whistler on early saturday morning, and that way i can go to dinner with you and your friend on friday night, or head out and have drinks, or both, or whatever yall want to do! the weather is supposed to be great this weekend, but with seattle you never know. my MAJOR SUGGESTION is that you bring some sort of light jacket for sure, or a pullover or something. it gets so darn cold at night- believe me you will be glad. plus on the ferry ride over to san juans it could get kind of chilly if you are sitting outside. ive already given you my cell phone number i think (206.851.9177) definitely call me when you get in town on thursday night or on friday. the number i have given you is my cell phone and you can call me anytime on it. if i dont answer, i check it frequently and you can leave a message and ill call you back. very exciting to have visitors from texas. see you friday hopefully. oh, where are you staying? bonnie -----Original Message----- From: Scott, Susan M. [mailto:Susan.M.Scott@ENRON.com] Sent: Monday, July 16, 2001 7:54 AM To: Bonnie Lathram Subject: Tour Guide Hi Bonnie, How are you doing? Lisa said you'd broken your foot recently and have been stuck on crutches...which I'm guessing is no fun when you're riding public transportation. Anyway, I was writing to see if you might have some suggestions of things to do and places to go while in Seattle. One of my co-workers and myself are flying up Thursday for a long weekend in your fair city and were hoping to get a few pointers. I hope you're still enjoying things as much as you were a few months ago. It looks like you may have changed jobs already, which I trust is a good thing for you. I'm very anxious to see the city and all it has to offer...there is a part of me that has always thought I'd like to live in the Pacific Northwest for a while (so this will be a little bit of a research trip for me). If you could start thinking of suggestions for restaurants, bars, outdoor activities, etc. that would be great, and maybe if you're in town we could get together for a meal or a drink. Thanks a bunch, Susan
Today, Enron hosted a conference call to give investors a current overview of the company. Here's an update of what we discussed during the call. We told investors that we're doing everything we can to protect their interests and to regain their confidence. Our focus remains on our credit quality, balance sheet and liquidity, which are essential for our continued success and expansion of our wholesale businesses. It took more than a few weeks to get where we are today. Here's a snapshot of significant events that led to our current situation: -- In hindsight, we definitely made some very bad investments in our non-core businesses over the past several years. Those include investments in Azurix, India and Brazil. They have performed far worse that we could have ever imagined when we made these investments; -- Because of these bad investments, we've become over-leveraged as a company. The negative impact of those investments was exacerbated through the extensive use of debt capital both on and off our balance sheet; -- We also entered into related party transactions that led to a loss of investor confidence, which has been very damaging; -- We've been criticized for our lack of transparency and our hard-to-understand financial and operating disclosures; and -- On top of it all, we discovered errors in our financial statements, as discussed in our 8-K filing last week, that required a restatement of previously reported earnings. We've taken a new look at our businesses and have separated them into three areas: core businesses, non-core businesses, and businesses under review. Core Businesses Our core businesses remain strong and consistent sources of significant earnings and cash flows for the company. They're our competitive advantage. These include: -- Natural gas pipeline businesses; -- Gas and power businesses in North America and Europe; -- Retail businesses in North America and Europe; and -- Coal businesses in North America and Europe. The events of the past few weeks have had a temporary negative impact on our projected fourth quarter profitability. It's too early to tell at this time what impact this might have on our operating results. We are considering these actions now so that we can quickly return to normal business in 2002. I also remain optimistic that the actions we've taken over the past couple of weeks have addressed our customer and counterparty credit and liquidity concerns. According to our business unit leaders, we have definitely seen improvement in our counterparty relationships. Non-Core Businesses Our non-core businesses include our global assets group and our broadband division. We have invested more than $8 billion in these businesses, and the return from them has been dismal. We have an aggressive program in place to exit these businesses and expect that the sale of these businesses will generate billions of dollars in cash that we can use to repay debt and reinvest in our core businesses. We already have more than $800 million in assets contracted for sale this year. They include CEG Rio, a gas LDC in Brazil; EcoElectrica, a power plant and LNG receiving terminal in Puerto Rico; and asset sales of offshore oil and gas properties in India. The approximately $2.9 billion Portland General sale is also on target to close in late 2002 pending regulatory approvals. Businesses Under Review These businesses are comprised of those operations outside our power and gas wholesale businesses and include global and industrial markets. While several of these businesses have very strong future prospects, we need to determine if their capital requirements and near-term growth prospects are sufficient enough in terms of earnings and cash generation. Reviewing our businesses this way will help determine where we need to make reductions to our work force. More information will follow as soon as it becomes available. Credit Rating/10-Q Filing We continue to meet regularly with credit rating agencies and believe that our liquidity enhancements and scheduled asset sales will strengthen our balance sheet and maintain our investment grade credit rating. Our current credit ratings by the three major rating agencies are as follows: -- Moody's at Baa3 "Under Review for Further Downgrade" -- Fitch at BBB- "Evolving Status" -- S&P at BBB- "CreditWatch Negative" We also discussed our existing financial vehicles, including Osprey, Marlin and Yosemite, in further detail. We told investors that we will file our 10-Q five days late due to our current activities. It will be filed on Nov. 19. We will continue to have updates with investors over the coming weeks as well as our frequent updates with you. The full transcript of our conference call will be filed with the Securities and Exchange Commission in the next few days. It will also be posted on our web site at www.enron.com/corp/investors under "SEC Filings." In connection with the proposed transactions, Dynegy and Enron will file a joint proxy statement/prospectus with the Securities and Exchange Commission. Investors and security holders are urged to carefully read the joint proxy statement/prospectus regarding the proposed transactions when it becomes available, because it will contain important information. Investors and security holders may obtain a free copy of the joint proxy statement/prospectus (when it is available) and other documents containing information about Dynegy and Enron, without charge, at the SEC's web site at www.sec.gov. Copies of the joint proxy statement/prospectus and the SEC filings that will be incorporated by reference in the joint proxy statement/prospectus may also be obtained for free by directing a request to either: Investor Relations, Dynegy Inc., 1000 Louisiana, Suite 5800, Houston, TX 77002, Phone: (713) 507-6466, Fax: (713) 767-6652; or Investor Relations, Enron Corp., Enron Building, 1400 Smith Street, Houston, TX 77002, Phone: (713) 853-3956, Fax: (713) 646-3302. In addition, the identity of the persons who, under SEC rules, may be considered "participants in the solicitation" of Dynegy and Enron shareholders in connection with the proposed transactions, and any description of their direct or indirect interests, by security holdings or otherwise, are available in an SEC filing under Schedule 14A made by each of Dynegy and Enron.
OneTravel.com has prepared a special web address for you that includes all of this week's airline deals departing from your requested cities. http://www.onetravel.com/alert/AirAlert.cfm?EID=559944 If you find an airfare in your Savings ALERT that interests you, click onto the Fare Price Link. There you will find specific instructions on how to make reservations for that particular flight. Availability on these incredible fares is very limited so you must act fast!!! Savings ALERT! For 03/13/02 ******************************************************************* This is a post-only e-mail. Please do not reply to this newsletter. We want to hear from you. Send all comments to editor@onetravel.com ******************************************************************* THIS WEEK: * HOT FARE OF THE WEEK: Fly Phoenix to Orlando from $258! * SPRING & SUMMER SEAT SALE: Round-trip fares on Air Canada from $176! * SEE THE MANY SIDES OF MEXICO: Round-trip fares on AeroMexico from $260! * HOTEL ROOMS IN SAN FRANCISCO: Book a hotel room from $99 per night! * SAVE WITH ICELANDAIR: Round-trip fares to Europe from $295! * HERTZ LAST MINUTE SALE: Save with last minute car rentals! * FLY BRITISH AIRWAYS: Round-trip fares to Europe from $348! * LAST WEEK'S MOST POPULAR FARES: See the red, white and blue with AirTran! * CHECK OUT OUR SALES & SPECIALS: Great travel deals you must check out! * SAVE WITH AIR JAMAICA: Round-trip fares to the Caribbean from $280! * TRAVEL NEWS: Find out the latest in travel news. * MR. MAXIMILER: The Sale that would not die! ______________________________________________________________________ HOT FARE OF THE WEEK: Fly Phoenix to Orlando from $258! Fly Phoenix to Orlando from $258! Orlando promises year-round sunshine and hundreds of ways to enjoy it, from a day spent at the area's exciting theme parks and attractions to adventures in go-karting, bungee jumping, roller blading and golfing. With fares like these and so much to do, why wouldn't you go? Click below http://www.onetravel.com/www/specials/spdealdiscover.cfm for online booking! * Fares may not include fees, surcharges or taxes. Five-day advance purchase for airline tickets is required. Tickets are non-refundable. Fares are subject to availability. Sample fare above were selected by departure dates of 3/20/02 and returning 3/27/02. --------- SPRING & SUMMER SEAT SALE: Round-trip fares on Air Canada from $176! Go to Canada and explore the grand art museums in Montreal or shop and dine in Vancouver at Granville Island! Air Canada is celebrating spring and the anticipation of summer with downright fare fever to some of your favorite Canadian destinations near and far-so jump on it pronto! Sample fares* from the U.S. to Canada: ? Los Angeles to Calgary from $252! ? San Francisco to Vancouver from $240! ? San Diego to Montreal from $344! ? NYC to Toronto from $198! ? Boston to Montreal from $176! ? Chicago to Ottawa from $198! ? Atlanta to Toronto from $240! ? Houston to Calgary from $396! ? Minneapolis to Toronto from $198! ? Washington D.C. to Ottawa from $188! * Fares do not include taxes, segment fees or surcharges. Plan ahead and book early! These fabulous sale fares are only available until March 21! Remember to travel mid-week to get the best deals! Click below http://www.onetravel.com/www/specials/spdealAirCanada2.cfm?DK=1000003462 for online booking. Fares shown are based on round-trip purchase in Economy Class. Fares are valid for travel from April 2, 2002, to June 15, 2002. Off-Peak days: Fares shown are valid for travel to most destinations noon Monday through 11:59 p.m. Thursday, and noon through 11:59 p.m. Saturday. Fares valid for travel on days/times other than those specified are higher. Minimum/maximum stay: Fares to most destinations require a Saturday night minimum stay, with a maximum stay of 30 days. Additional taxes, fees and surcharges may apply. Tickets are non-refundable. Seats are limited and may not be available. Fares are subject to change. Fares advertised here may be higher than our already low fares to select destinations. Other restrictions may apply. --------- SEE THE MANY SIDES OF MEXICO: Round-trip fares on AeroMexico from $260! Adventure lies ahead under the radiant Mexican sun! Snorkel in Cancun. Go horseback riding in Los Cabos. Golf in Ixtapa. Check out our unbelievable round trip fares to Mexico. Forget your cell phone and spend the weekend, or up to three months, in sunny Mexico! Let AeroMexico sooth your soul with sweet fares to paradise! Not familiar with AeroMexico? AeroMexico is the premier airline with daily flights from the U.S. to over 20 sunny Mexican destinations! Check it out now! Sample round-trip midweek fares* include: ? Orlando to Cancun from $260 ? Houston to Acapulco from $385 ? San Diego to Los Cabos from $280 ? Miami to Puerto Vallarta from $428 * Fares do not include taxes, segment fees or surcharges. Click below http://www.onetravel.com/www/specials/spdealAeroMex.cfm?DK=1000003462 for online booking! Fares are for travel completed by March 31, 2002. Fares require at least a five-day advance purchase. Maximum length of stay is Ninety (90) days. Minimum length of stay is two (2) days. Seating is limited and may not be available on certain flights. Fares do not include taxes, segment fees or surcharges. Tickets are valid for travel dates shown on ticket and are non endorsable and non-transferable. Additional restrictions may apply. These fares apply only to reservations made and tickets purchased during the sale period (May 1, 2001 through March 31, 2002). --------- HOTEL ROOMS IN SAN FRANCISCO: Book a hotel room from $99 per night! Book a hotel room at the luxurious Cathedral Hill Hotel from only $99 per night! Shop the fancy boutiques downtown in Union Square, stop by Fisherman's Wharf and take a peak at Alcatraz Island, but don't forget about the beautiful Golden Gate Bridge! You'll need to spend more than a day exploring all of the eye-catching wonders of San Francisco. Book your hotel reservation today at the luxurious Cathedral Hill Hotel from only $99 per night! For online booking click below: http://partner.onetravel.com/go/go.cfm?GoID=24286 Check out more red hot hotels deals: Radisson Plaza Warwick Hotel in Philadelphia from $103 per night! Travelodge Downtown Miami from $52 per night! Arizona Biltmore Resort & Spa in Phoenix from $297 per night! For online booking click below: http://www.onetravel.com/www/specials/Sales.cfm?DK=1000003462 --------- SAVE WITH ICELANDAIR: Round-trip fares to Europe from $385! Listen to the soothing sounds of jazz in Amsterdam, or indulge your taste buds at a Parisian wine bistro. Pick a spot and plan a relaxing break or an energetic getaway to Europe for less. Below are only a few of the great fares to get you to Europe with money to spend! Remember to book these special fares to Europe by March 31, 2002! Sample round-trip fares*: ? NYC to Amsterdam from $385! ? Boston to Copenhagen from $505! ? Baltimore to Frankfurt from $385! ? Minneapolis/St. Paul to Glasgow from $515! ? Orlando to Oslo from $680! ? NYC to Paris from $385! ? Boston to Stockholm from $505! *Fares do not include taxes, surcharges or fees. Return trip must be completed within 14 days of departure or before May 14, 2002, whichever comes first. All outbound travel must be started in April 2002. Plan ahead and book early! These fabulous sale fares are only available until March 31! Remember to travel mid-week to get the best deals! Click the link below, select your departure city, destination and travel dates. Purchase a ticket to the faraway destination of your choice, get an amazing deal and get going! http://partner.onetravel.com/go/go.cfm?GoID=24338 --------- HERTZ LAST MINUTE SALE: Save with last minute car rentals! Drive away with a deal when you book a Hertz last minute car rental through OneTravel.com! Sound good? Just click on the link below to check rates and availability for Hertz rental cars. How can we bring you these last minute discounts? OneTravel.com seeks out great deals and we pass the savings along to you! Click below http://www.onetravel.com/www/specials/spdealHertz2.cfm?DK=1000003462 for online booking! Vehicle must be returned to original rental location. Minimum rental age is 25 (exceptions apply). Taxes, tax reimbursement, airport-related fees and optional items are extra. Last Minute Specials require a Saturday night keep. Current arriving airline ticket may be required. Advance reservations are required. Rates are not available in the New York Metro area. Not available on Hertz #1 Rates and Hertz Leisure Rate . Availability is limited. Standard rental conditions and return restrictions must be met. Weekly rates require a 5-day rental. Rates are available at participating U.S. and Canadian locations. --------- FLY BRITISH AIRWAYS: Round-trip fares to Europe from $348! Travel to London from $348 round-trip! Europe is on sale! At such great prices, there's no reason not to visit London or any one of 20 other European destinations. But do hurry, this offer from 17 major U.S. cities ends midnight, March 15th for travel between April 1st and June 15th. Below are only a few of the great fares to get you to Europe with money to spend! Sample round-trip fares*: ? NYC to London from $348! ? Boston to Paris from $468! ? Chicago to Rome from $598 ? San Francisco to Amsterdam from $708 ? Washington D.C. to Barcelona from $628! ? Other fabulous destinations include Athens, Lisbon, Madrid, Shannon, Venice and many more! * Fares do not include taxes, segment fees or surcharges. Remember to travel mid-week to get the best deals! Click here http://www.onetravel.com/www/specials/spdealBA4.cfm?DK=1000003462 for online booking! Last day to book is March 15, 2002. Fares are based on round-trip purchase. Tickets are non refundable. Fares are for midweek travel to London (departure: Sun-Wed, return: Mon-Thurs.) Weekend departures (Thurs-Sat) and returns (Fri-Sun) have a $30 surcharge in each direction. For travel to Europe, departure/return is defined as (Mon-Thurs). Travel valid April 1 - June 15, 2002. Slightly higher fares for Summer Season apply from May 16 - June 15. Fares are subject to availability and government approval. Fares do not include security surcharges, government fees and taxes of approximately $110 per person. Offer is for economy class, for selected (N) fares. Offer is open to U.S. residents paying in U.S. dollars. Valid for new bookings made March 6-15, 2002. --------- LAST WEEK'S MOST POPULAR FARES: See the red, white and blue with AirTran! Here are the most popular fares from the previous week...See the red, white and blue with AirTran! It was destinations across America that enticed the majority of our customers. Remember, as we make enhancements be sure to tell us what you think, please email editor@onetravel.com. See the red, white and blue with AirTran! http://www.onetravel.com/www/specials/spdealAirTran.cfm --------- CHECK OUT OUR SALES & SPECIALS: Great travel deals you must check out! Looking for more great deals on airfare, hotel rooms, car rentals and vacations? Then click on the link below and check out our current sales and specials page. This is where you will find the best pricing for travel! Click here http://www.onetravel.com/www/specials/Sales.cfm?DK=1000003462 for unbeatable savings! --------- SAVE WITH AIR JAMAICA: Round-trip fares to the Caribbean from $280! Relax on a stunning white sand beach in the Caribbean... Travel to exotic destinations, such as Montego Bay, Barbados, St. Lucia, Antigua and Grenada. Sample fares* are below: ? Atlanta to Montego Bay from $280! ? Chicago to Barbados from $465! ? Houston to Grenada from $465! ? Los Angeles to St. Lucia from $550! ? Chicago to Antigua from $465! *Fares do not include taxes, surcharges or fees. Minimum stay is 2 days; Maximum stay is 14 days. All travel must be completed between April 16 - December 17, 2002. Plan ahead and book early! These fabulous sale fares are only available until March 31! Remember to travel mid-week to get the best deals! Click on the link below, select your departure city, destination and travel dates. Purchase a ticket to the faraway destination of your choice, get an amazing deal and get going! http://partner.onetravel.com/go/go.cfm?GoID=24337 --------- TRAVEL NEWS: Find the latest information on daily travel news, security e-tickets and airline policies. If you're traveling soon, click on the link below to find the latest airline and travel information. Click here for the latest on travel news. http://www.onetravel.com/advisor/AR_airlinenews_Summary.cfm?SessionID=0CA1F517 --------- MR. MAXIMILER: Our column from ~OneTravel.com's~ own Frugalist, Bob Jones, features up-to the-minute tips and deals that maximize your air miles and save you travel cash. Read on for this week's "Mr. Maximiler" tip! The Sale that would not die! Each week I tell myself that the airfare sales will end...but they just don't. It's kind of like watching a "Halloween" movie; Jason will pop out! The strangest part of these sales now is that most are unadvertised. There once was a time when an airline would "float" a fare to see if other carriers would match it and if others did not, the price would be pulled in a few minutes. (Note: Airlines have staff assigned whose only job is to watch pricing at other airlines.) Times have changed in this regard as carriers are going their own way in spite of some joint marketing outlets which sell excess or distressed inventory. Their own "yield management" computers are making decisions and probably suggesting sales and promotions. Again, many times these "sales" are transparent to the consumer as they are not truly advertised and people just stumble on them...like yesterday. My wife has to take a Government business trip to Kansas City in April. I had booked her ticket for a not unreasonable price of $225. Early the next day, she called me to tell me she would have to stay an extra day. Since the reservation was less than 24 hours old, a change or cancellation would be easy. When I looked at the fare online, it had dropped some $61 and the trip she was taking the following week had dropped $50. Talk about found money! I immediately called the airline, changed the one reservation and requested an MCO (a voucher for future travel) for the fare difference. The one reservation, less than 24 hours old, was simply reissued and the difference in price was credited back to my credit card. In the past, I have made it a point to check prices on reservations I hold every Friday morning. This is largely due to sales that hit the streets overnight on Thursday. But the point here, and one to be well taken, is simply this - Had I not changed the reservation the following day, the envelope I keep vouchers in would be $111 shorter. Moral of the story? Check your reservations at least once a day. And the sales? Well, most are extended for travel through August 21st on domestic flights. The international trips are less predictable but the best over all bargains can be found in the Spotlight Sales at: http://www.onetravel.com/www/specials/Sales.cfm?&Token=NULL See you on a flight soon, Bob --------- QUESTIONS? COMMENTS? We'd love to hear from you! Drop us a line at editor@onetravel.com. Send us your travel questions for professional advice from our panel of experts, or stop by http://www.onetravel.com for loads of helpful information in our Advisor section. (We regret that due to the volume of mail we receive, we cannot assist with individual pricing requests. Please consult our FAQs for booking assistance.) REMEMBER...If the Savings ALERT airfares don't meet your specific travel needs, OneTravel.com's everyday discounts can save you up to 70% off regular airfares... For airline bookings - US and Worldwide - go directly to: http://air.onetravel.com For hotel bookings - US and Worldwide - go directly to: http://hotel.onetravel.com For car rentals - US and Worldwide - go directly to: http://car.onetravel.com For vacation package bookings - go directly to: http://vacation.onetravel.com Until next time....Happy Travels from OneTravel.com -------------------------------------------------------------------------- If you wish to MODIFY or ADD DEPARTURE CITIES to your OneTravel.com Air Savings ALERT! or UNSUBSCRIBE from our mailing list, go to http://www.onetravel.com/deals/SA_npu_modify1.cfm and enter the email address (sscott5@enron.com) to which this message was sent. -------------------------------------------------------------------------- EID=559944****2
-----Original Message----- From: Nicolay, Christi L. Sent: Monday, October 22, 2001 11:57 AM To: Kitchen, Louise; Dietrich, Janet; Delainey, David; SMITH, Douglas; Lavorato, John; Black, Don; Forster, David; Duran, W. David; Belden, Tim; Calger, Christopher F.; Foster, Chris H.; Black, Tamara Jae; Aucoin, Berney C. ; Furrow, Dale; Meyn, Jim; Harvey, Claudette; Presto, Kevin M.; Jacoby, Ben Subject: FW: Summary RTO Week Day 2 -- Planning & Expansion FYI. TJ and Claudette -- please forward to your groups. Thanks. -----Original Message----- From: Walton, Steve Sent: Wednesday, October 17, 2001 10:17 PM RTO Week Day 2 -- October 16, 2001 Transmission Planning & Expansion The afternoon panel discussed transmission planning and expansion. The panelists were: Jose Degado--CEO American Transmission Company, Michael Dworkin--Chair Vermont PSC, Mark Maher--VP Transmission Business Line, Bonneville Power Administration, Lara Manz--PSE&G, Masheed Rosenqvist--National Grid, Steve Walton--Enron. General Observations The Commissioners were all present although the did leave and return from time to time. Commissioner's Breathitt and Massey were the most active in questioning. The FERC Staff were active in asking questions after the initial presentations, moving along the discussion by asking questions. There was some reference to the morning discussion of congestion management, however, there was no discussion of the merits of the various types of transmission rights. There was a good deal of consensus around the concept of the RTO Planning Process being first a provider of information to the market (where are problems, how might they be solved, etc.) and that the where possible that expansion be funded by market participants who would benefit. There was a good deal of discussion of "least cost planning" and the identification of options which are not transmission related. All agreed there had to be backstop authority to build transmission, however then the challenge is who pays for it, which raises the need for dispute resolution. Opening Statements Jose Delgado: ATC is a transmission only company with MISO as the system operator. They view everyone as a customer whose needs are to be met. They were formed by divestiture by IOUS, coops and munis and with a $500 million asset base initially. Their current ten year plan will add $1billion of investment. Their top priorities are connecting generation and load. Michael Dworkin: Because transmission is a common good, construction affects all parties not just one party. The environmental and permitting of lines requires a balance of benefits with costs and a long range view. The idea of joint boards should be considered for dealing with multi-state projects, although FERC has show little interest in joint boards they have been used by FCC. State input needed because of the local needs and impacts which must be considered. Mark Maher: FERC must consider the unique characteristics of the West when considering congestion management. LMP is not a good fit to hydro systems with their multiple use obligations. RTO West is developing a planning process which will give the RTO the freedom to develop options as we learn in the future. The RTO needs a strong centralized planning process. Laura Manz: The various aspects of planning are connected. Pricing (LMP) is the key to getting the right signals for expansion of transmission and resources. No competitor should have an advantage over another. The RTO needs a central planning process but it shouldn't push solutions. The market should decide on solutions. Masheed Rosenqvist: The morning discussion of congestion management talked about hedging against risk. The planning discussion is not about what we have now, but about how to avoid future congestion. The Commission has taken conflicting positions in different cases. The issues that need to be answered are: How can merchant transmission be compensated? Should transmission projects be open to RFPs? Is FERC open to market based pricing for expansions? Steve Walton: The most important thing for FERC to do for expansion is to settle the matter of industry structure do away with the uncertainty that has frozen transmission investment. The RTO debate has been going on for 5 years or more and needs to be settled. For expansion to go forward, there needs to be a clear property right which accrues to the expanding party. You are always going to have muddy issues in planning. For instance if a 138 kV line is all that is needed to day, but future considerations of scare right-of-way say a 345 kV line should be built, who pays for the extra cost. In order to resolve such matters the planning process must include a dispute resolution process, appeal able to FERC, to decide such matters. Discussion Kevin Kelly asked about he fact that some parties benefit form current congestion so how does a stakeholder process get things built when some oppose. Most agreed that if a party wants to fund construction it should be built with the beneficiaries funding. Michael Dworkin expressed concerns about use of eminent domain to build which means a benefit test must exist to say this is the best solution, i.e. least cost planning. This lead to discussion of the need for the RTO to be provider of information to all parties so they can make intelligent decisions. Commissioner Massey asked about whether the system was (a) under built and needed lots of expansion so don't worry about overbuilding or (b) transmission planning should consider all options before construction of new facilities. The panel agreed that pricing needs to be a prime determinant in the process. Michaela Dworkin worried that overbuilding distorts decisions. Laura Manz felt that the term "under built" is a secondary effect of not having proper pricing of locational prices to guide parties. Dick O'Neil asked if LMP will work in the West. Mark Maher said it wouldn't. Laura Manz said it applies everywhere because of physics, they manage hydro facilities in PJM. Michael Dworkin said LMP means an explicit measure of cost of congestion and the value of generation at locations and ought not to be rejected just intelligently designed. BPA is looking pricing model but LMP won't work. Steve Walton said LMP needed for real time dispatch, but given the nature of the Northwest hydro system it must have some "tweaks" like bilaterals and allow operator self-schedule output levels to permit river coordination. Hydro system optimizes over weeks and months to maximize firm energy production not on an hour to hour basis. PJM has hydro, but not 70% as in the Northwest. Implementation will be different because such thing as unit commitment are different when you have primarily hydro and base load coal. In the summation at the end of the panel, four principles were listed: (1) RTO must provide information, (2) RTO should identify solutions, (3) RTO should be unbiased and (4) the RTO should be accountable. The disagreement was over the last two points, Michael Dworkin felt that #3 (unbiased) was critical and that #4 (accountability) was accomplished by having regulators involved in governance. Jose Delgado said and Transco can't be unbiased since it provides services, although the ISO above it can be, but accountability is based on loosing your investment if you make an mistake. This last point really comes down to a preference for ISO over Transco forms and the tension which exist because unbiased and accountability issues. Steve
California,s power crisis has generated heated debate over the last several months. Unfortunately, this debate has generated more heat than light. We want you to know what the facts are and what we are doing about the crisis. Please spend a few minutes reading the following overview on the situation and our position on California energy issues. What happened in California The source of California,s current problem is as straightforward as supply and demand. California,s economy grew 29 percent since 1998. This increased the demand for electricity by 24 percent. At the same time, regulatory restrictions prevented new generation from getting built in the state. So demand grew but regulations prevented supplies from being added. The result, predictably, is a shortage. This summer, peak capacity will be about 10 percent shy of peak demand, leading to further blackouts in the state. In addition to the supply and demand imbalance, there are two other related factors that led to the current crisis. First, the state,s regulations forced all sales and purchases into the spot market. The spot market for power is extraordinarily volatile. The way firms behave in a free market when faced with such volatility is to construct a portfolio of purchases long term, medium term and short term, to reduce exposure to this volatility. In California, state regulation prevented this strategy. This would be the equivalent of putting the entire state on an adjustable rate mortgage in the most volatile interest rate environment imaginable. Everything was fine while the power surplus persisted, but when shortages ensued, every megawatt was purchased at the sky rocketing spot price. Second, retail markets were not deregulated. Regulated retail rates remained in effect, and stranded cost recovery charges were structured to keep competition out. This meant that utilities were forced to pay high wholesale prices in the spot market but were only able to recover costs at the regulated retail rate. They are now nearly bankrupt. In short, California,s problems were caused by regulation, not deregulation. Regulations prevented competitors from entering the market, prevented new generation from being built, and prevented prudent hedging against volatile spot prices. At the time California was developing its restructuring plan, Enron warned the state,s policy makers about these risks and proposed alternatives, which, if adopted, would have averted the current crisis. Enron,s Role Many political leaders in the state have elected to fix blame rather than fix the problem. Power sellers, including Enron, have been vilified by the politicians and the media. Here are the facts: ? Other than a small amount of wind power, Enron is not a generator in the state of California. Every megawatt we sold in California we bought in the same market available to other California purchasers. Because we are a market maker, not a generator, we are not biased toward high prices. We are interested only in having a market that works so that we can package products for our customers. ? As a seller to end-use markets in the state, we provided protection from the problems the states, utilities, and their customers, now face. We protected, and still protect, our customers from price volatility. You may have read that EES recently elected to have the utilities supply power directly to its customers in California instead of procuring power on the open market. Early reports mischaracterized this as a &turnback8 of our customers to the utilities. Here are the facts: ? As a result of a variety of factors existing in the current California market, it made more sense for EES to source power for its customers directly from the utilities. This decision reduced EES,s market price risk by allowing EES to access lower utility rates. ? EES did not terminate any customer contracts, and our customers continue to receive the financial benefits of their contract prices. ? EES is continuing to work with its California customers to provide them with other energy-related products and services, including assistance in reducing the demand for power, particularly at peak times. Enron is currently proposing solutions to help California work out of its crisis; Enron continues to sign up customers in the state; and Enron continues to actively manage its risks and capture opportunities in Western power markets. Enron,s primary business is managing risk for our customers with solutions customized to meet their needs. There has never been more demand for our products and services. The Solution The solution to California,s crisis is also straightforward. In summary, the state must increase supply, reduce demand, reduce reliance on the spot market and shore up the financial stability of the state,s utilities. Increasing Supply California,s process for siting and permitting new generation is nothing short of Byzantine. Enron has built plants elsewhere in the country in less than a year. In California, it often takes 5 to 7 years. California simply must streamline this process. Ironically, while many of the regulations generators must overcome are aimed at improving environmental quality, the regulations are preventing new clean technology from coming online and displacing current plants, which emit 40 times as much NOx. California can have abundant power and cleaner air by expediting the permitting of new facilities. Reducing Demand Customers in California today have no incentive to reduce or shift demand. They pay the same rate no matter what the market price is. An open retail market would trigger demand responses, which would balance supply and demand at lower prices than today. California should fully open its retail market. Reducing Reliance on the Spot Market In a truly deregulated market, customers would protect themselves from volatile spot prices by purchasing some of their requirements on a longer term, fixed-price basis. The state has instead left procurement in the hands of the utilities, which it has forced to buy exclusively in the spot market. Opening the market at the retail level will give customers control over their price risk. Restoring the Financial Integrity of the State,s Institutions The utilities in California are not paying their bills. This has led to greater uncertainty in the market, higher costs, and reduced flexibility to arrive at lasting solutions. California must permit its utilities to recover their costs so they can pay their bills and invest in the transmission and distribution assets necessary to get power from where it is to where it is needed. Just as important as doing these things, the state must avoid policies that, while politically attractive, do not fix the problem or even make matters worse. Price caps have been proposed. They don,t work; have never worked; and they will not work here. Price caps succeed only in creating shortages, which then have to be allocated among competing users. Imagine how ineffectively the government would be in determining, for example, whether it is better to make its limited power supplies available to the Imperial Valley or Silicon Valley. Price caps are a surefire way to make the current shortage worse. The state has also proposed to take over generation and transmission in California. There is no reason to believe, and every reason to doubt, that the state will be more effective than free markets at investing in, constructing, operating and maintaining assets. This will also result in California tax revenues being spent on power transmission and power generation -- which the private sector can do -- instead of education, roads and other public goods -- which the private sector cannot do. As you are approached by people outside the company or are learning about the crisis from the media, it,s important for you to know this: We at Enron will continue to serve our customers and we will continue to propose real solutions to the state.
Markets [IMAGE] DJ30 9,908.16 -68.29 -0.68% [IMAGE] NASDAQ 1,910.94 -23.47 -1.21% [IMAGE] S&P 500 1,145.18 -5.87 -0.50% [IMAGE] US markets close in 4:27 [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Quote & 3-Point ViewProfile & FundamentalsKey RatiosAnalyst InfoEarnings EstimatesInsider TradingInteractive Graph ToolGraphs In BulkDiscussionRecommendationsNews Articles [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] [IMAGE] Portfolio Mail My Portfolios Prices/Events as of 6:30PM EST My Portfolio Details Stop this Report [IMAGE] Portfolio: 'My Stocks' Long positions Symbol Position Last Change %Change Volume Value Today's Net CPQ 375 9.63 -0.72 -6.96% 13,247,800 3,611.25 -270.00 DELL 220 26.39 -0.53 -1.97% 26,324,100 5,805.80 -116.60 EMC 160 16.11 -0.75 -4.45% 18,629,700 2,577.60 -120.00 ENE 145 6.99 -2.07 -22.85% 89,904,000 1,013.55 -300.15 EOG 540 34.44 1.69 5.16% 1,528,100 18,597.60 912.60 HD 190 46.18 -0.89 -1.89% 5,800,500 8,774.20 -169.10 SRV 2,665 6.38 0.13 2.08% 666,700 17,002.70 346.45 SUNW 210 13.25 -0.41 -3.00% 47,612,100 2,782.50 -86.10 WCOM 215 14.48 -0.20 -1.36% 16,410,200 3,113.20 -43.00 NCI 42 3.70 -0.03 -0.80% 0 155.40 -1.26 'My Stocks' Total: 63,433.80 152.84 All Total: 63,433.80 152.84 Symbol Events Community Take CPQ Most Actives 292 Long / 61 Short Gap Down MACD - Bullish Percentage Loser [IMAGE] DELL Most Actives 595 Long / 69 Short [IMAGE] EMC Most Actives 718 Long / 27 Short [IMAGE] ENE Record Price Low 173 Long / 9 Short Most Actives Gap Down Percentage Loser [IMAGE] EOG Gap Up 33 Long / 3 Short Percentage Gainer [IMAGE] HD Most Actives 215 Long / 45 Short [IMAGE] SUNW Most Actives 783 Long / 49 Short This Months Best Trends [IMAGE] WCOM Most Actives 530 Long / 18 Short Events for stocks in your Watch list(s): Symbol Events Community Take HD Most Actives 215 Long / 45 Short [IMAGE] WMT Most Actives 223 Long / 27 Short [IMAGE] CLRS Close Below the 50-day EMA 49 Long / 3 Short [IMAGE] NVDA Close Below the 13-day EMA 152 Long / 77 Short [IMAGE] VNTR MACD - Bullish 93 Long / 3 Short Percentage Gainer [IMAGE] For help with ClearStation's Portfolio Manager, or to learn more about the calculations, please visit our Help area . To discontinue this report, go to Customize (you will have to log in if you haven't already). Uncheck the "Daily Portfolio Update" box and click on the "Apply Changes" button. [IMAGE] ClearStation is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities members should buy or sell for themselves. Members should always check with their licensed financial advisor and their tax advisor to determine the suitability of any investment. ClearStation, Inc. is a wholly-owned subsidiary of E*TRADE Group, Inc. and an affiliate of E*TRADE Securities, Inc. ClearStation is a registered trademark of ClearStation, Inc. E*TRADE is a registered trademark of E*TRADE Securities, Incorporated, member NASD/SIPC. Copyright (c) 2000. ClearStation, Inc. All rights reserved. [IMAGE] Question? Get it answered! Comments? Talk to us! Copyright ? 1998-2000 ClearStation. All rights reserved. Trademark Notice Quotes delayed at least 15 minutes for Nasdaq, 20 minutes otherwise. ClearStation is a wholly-owned subsidiary of E*TRADE Group, Inc. [IMAGE] About Us I Help I Feedback I Member Agreement I Privacy Statement I Advertise I Jobs I Join I FAQ [IMAGE]
To the best of my knowledge there is no CAISO requirement that a Scheduling Coordinator be a participant in the PX. -----Original Message----- From: Ibrahim, Amr Sent: Tuesday, November 27, 2001 12:10 PM To: Alvarez, Ray; Hall, Steve C. (Legal) Cc: Steffes, James D.; Nicolay, Christi L.; Sager, Elizabeth; Gottfredson, Bryan Subject: RE: CalPX Collateral Issue This is a quick note to let the team know that I do have the credit worthiness requirements for PX (FERC Electric Service Tariff, Art. 2.4); a summary could be prepared if needed. I trust that the Team would benefit from a legal opinion on Art. 2.4.5, and the associated schedule 2 of the tariff related to "Changes in the Amount of Security Provided by a PX Participant" which allows a refund of securities above the PX security Amount. As Steve mentioned nicely below, if the security amount is zero, then perhaps there is an argument for a full refund. On the same theme, I am investigating the requirements for maintaining ESP (electricity service provider) in California. One of the conditions is that the ESP is eligible as a participant in the CA ISO. If the CA ISO also necessitates participant status in the PX for some transactions, then there is a circular flow in the argument, and may be there is a need to maintain a form of relationship with the PX. I shall keep you posted with progress. Brgrds AI -----Original Message----- From: Alvarez, Ray Sent: Tuesday, November 27, 2001 1:45 PM To: Hall, Steve C. (Legal) Cc: Steffes, James D.; Nicolay, Christi L.; Sager, Elizabeth; Ibrahim, Amr Subject: CalPX Collateral Issue Thanks Steve. With your input, my take on Elizabeth's questions are: 1. Must we renew the collateral?- From a legal standpoint the answer is "No" for the reasons discussed below. However, as we know, the PX will take a contrary position and has (along with other California parties) taken the position at FERC that the collateral should be withheld pending resolution of the CA refund case at FERC (to secure payment of refunds due). 2. May we replace the letters of credit with cash / other collateral?- The answer is "Yes" as you note below, with the caveat that the replacement collateral must be acceptable to the PX. Obviously cash should be acceptable. Perhaps a bond or negotiable instrument could be an option. 3. What is the potential outcome if we do nothing (i.e. we don't re-up the letters of credit). Our past experience in this regard has been that the PX will draw on the letter of credit prior to its expiration. As for additional options, we could consider: 1. Further to Steve's option 1, we might try to enforce the return of the excess in court by submitting a Section 2.5 request to the PX and bringing the issue to a head. Steve's original option is preferable, however, since it is through agreement with the PX. Perhaps a compromise could be proposed for the PX to return our collateral over and above our highest potential refund liability to the PX in the CA refund case. 2. Seeking injunctive relief in court to prevent the PX from drawing on the letter of credit. Elizabeth, please advise if this answers your questions fully. Thanks, Ray -----Original Message----- From: Hall, Steve C. (Legal) Sent: Tuesday, November 27, 2001 1:54 PM To: Alvarez, Ray Subject: RE: I agree. Schedule 2, section 2 says: "Each PX Participant shall post collateral for 100 % of its requirements in excess of the unsecured line of credit in order to participate in the CTS and Core Markets" [I would note that (1) our "requirements" are currently zero, and (2) we do not wish, nor is it possible to "participate" in the CTS and Core Markets. Therefore, the PX has no basis under its Tariff to continue to hold our collateral.] As you indicated below, Schedule 2, section 2.2 says: "Each PX Participant shall maintain sufficient collateral to cover its aggregate outstanding liabilities in the Day-Ahead and Day-Of markets to and from the PX between cash clearing cycles or during the period in which the liabilities are incurred and when payment is billed and settled." Options: 1. If the PX will allow us to have access to our excess cash pursuant to Section 2.5 (requests submitted by COB Wednesday will be processed by Friday), then let them cash in the LC. 2. Ask the PX if we can substitute "other liquid collateral acceptable to the PX. . .in lieu of cash" (Schedule 2, section 2.1.3). We should ask them what else would be acceptable (a lien on Jeff Skilling's house?). -----Original Message----- From: Alvarez, Ray Sent: Tuesday, November 27, 2001 10:18 AM To: Hall, Steve C. (Legal) Cc: Steffes, James D.; Nicolay, Christi L.; Sager, Elizabeth Subject: RE: Steve, I believe that schedule 2, section 2.2 of the CalPX tariff is the provision that requires market participants to maintain collateral, the purpose of which, however, is to provide security for liabilities incurred in the PX markets. Since these markets are no longer in operation, there is no lawful reason to withhold the collateral, notwithstanding the assertions of CA parties that it should be used to guarantee payment of refunds ordered in the CA refund proceeding at FERC. Ray -----Original Message----- From: Alvarez, Ray Sent: Tuesday, November 27, 2001 12:26 PM To: Sager, Elizabeth Cc: Steffes, James D.; Nicolay, Christi L.; Hall, Steve C. (Legal) Subject: Elizabeth, per our conversation, I am obtaining and attaching various pleadings before FERC I've worked on seeking return of the collateral and the reasons why it should not be withheld by the PX. It's my understanding that these might help- please let me know. There are other related filings and I will forward them as soon as I locate. In the meantime, I am working with Steve Hall to get an independent interpretation of the PX tariff so as to yield answers to our questions and our options. Thanks, Ray << File: #150515 v1 - CPS COMMENTS ON BIRCHMAN ORDER.doc >> << File: Answer (chargeback) EL01-36.doc >>
SALES AGT: EM/ZVD7PZ THOLT/JANE E-TKT RECEIPT ENRON CORP 1400 SMITH HOUSTON TX 77002 DATE: NOV 14 2000 SERVICE DATE FROM TO DEPART ARRIVE CONTINENTAL AIRLINES 30NOV HOUSTON TX WASHINGTON DC 100P 456P CO 1220 Q THU G.BUSH INTERCO DULLES INTL TERMINAL C SNACK NON STOP RESERVATION CONFIRMED 2:56 DURATION AIRCRAFT: BOEING 737-500 SEAT 08C NO SMOKING CONFIRMED THOLT/JANE(IDS5 HOTEL 02DEC COURTYARD DULLES SOUTH 03DEC 3935 CENTERVIEW DRIVE CHANTILLY, DC 20151 UNITED STATES OF AMERICA TELEPHONE: 1-703 7097100 FAX: 1-703 7098672 CONFIRMATION: 81845304 REFERENCE: HDYA00 SINGLE ROOM KING SIZE BED RATE: HOL USD 58.00 PER NIGHT GUARANTEE GIVEN RQST NON SMKG TO COMPLETE PARTY OF 3 ROOMS HOTEL 02DEC COURTYARD DULLES SOUTH 03DEC 3935 CENTERVIEW DRIVE CHANTILLY, DC 20151 UNITED STATES OF AMERICA TELEPHONE: 1-703 7097100 FAX: 1-703 7098672 CONFIRMATION: 81845538 REFERENCE: HDYA00 SINGLE ROOM KING SIZE BED RATE: HOL USD 58.00 PER NIGHT GUARANTEE GIVEN RQST NON SMKG HOTEL 02DEC COURTYARD DULLES SOUTH 03DEC 3935 CENTERVIEW DRIVE CHANTILLY, DC 20151 UNITED STATES OF AMERICA TELEPHONE: 1-703 7097100 FAX: 1-703 7098672 CONFIRMATION: 81845909 REFERENCE: HDYB00 SINGLE ROOM DOUBLE BED RATE: HOL USD 67.00 PER NIGHT GUARANTEE GIVEN RQST ROOM W 2 DBLS BEDS NON SMKG CONTINENTAL AIRLINES 03DEC WASHINGTON DC HOUSTON TX 630A 849A CO 1435 Q SUN DULLES INTL G.BUSH INTERCO TERMINAL C SNACK NON STOP RESERVATION CONFIRMED 3:19 DURATION AIRCRAFT: BOEING 737-500 SEAT 07C NO SMOKING CONFIRMED THOLT/JANE(IDS5 THIS IS A NON-REFUNDABLE FARE THAT REQUIRES TRAVEL ON THESE SPECIFIC DATES AND FLIGHTS. ANY CHANGES WILL RESULT IN A PENALTY AND/OR ADDITIONAL COLLECTION. ************************************************** YOUR TICKET REFLECTS A NEGOTIATED DISCOUNT FROM THE TAP THE PUBLISHED FARE FOR THIS TICKET IS $206.00 ************************************************** RESERVATION NUMBER(S) CO/LQ6K2H THOLT/JANE S5C0413R1058 TICKET:CO/ETKT 005 7017929503 CO FREQUENT FLYER COSC266224 ********************************************** THE FEE FOR THIS PERSONAL TRAVEL IS CHARGED BY ENRON CORP. ********************************************** THIS IS THE PASSENGER RECEIPT FOR YOUR ELECTRONIC TICKET. PLEASE CHECK-IN WITH PHOTO IDENTIFICATION AND WITH ITHER (1) THIS RECEIPT OR (2) YOUR CONFIRMATION NUMBER. YOUR E-TKT CONFIRMATION NUMBER IS: L Q 6 K 2 H ************************************************* YOUR HOTELS ARE GUARANTEED FOR LATE ARRIVAL. TO AVOID BILLING CANCEL BY 6PM DAY OF ARRIVAL.
My guess is this was a holdover from last year's list. Brent Hendry@ENRON 03/07/2001 07:53 AM To: Mark Taylor/HOU/ECT@ECT cc: Subject: Enron Wholesale Services 2001 Legal Conference It looks like Randy is invited but the rest of South America is not on this list. Should she check with John Novak to see if the South American Attorneys are invited? ----- Forwarded by Brent Hendry/NA/Enron on 03/07/2001 07:51 AM ----- Andrea Calo 03/06/2001 08:51 AM To: Brent Hendry/NA/Enron@Enron cc: Subject: Enron Wholesale Services 2001 Legal Conference Sorry to bother you with this, but given the new situation, do you think I am required to attend this meeting or is it a mailing error. Thanks. ---------------------- Forwarded by Andrea Calo/SA/Enron on 03/06/2001 11:49 AM --------------------------- Lisa Mellencamp@ECT 03/06/2001 11:21 AM Sent by: Linda J Simmons@ECT To: mark.e.haedicke@enron.com, Alan Aronowitz/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron, Teresa G Bushman/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Nancy Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ned E Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eddy Daniels/NA/Enron@Enron, Angela Davis/NA/Enron@Enron, Peter del Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Andrew Edison/NA/Enron@Enron, Shawna Flynn/HOU/ECT@ECT, Chris Gaffney/TOR/ECT@ECT, Robert H George/NA/Enron@Enron, Barbara N Gray/HOU/ECT@ECT, James Grace/Corp/Enron@ENRON, Mark Greenberg/NA/Enron@ENRON, Wayne Gresham/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Karen E Jones/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Bruce Lundstrom/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kay Mann/Corp/Enron@Enron, Jane McBride/AP/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT, Marcus Nettelton/NA/Enron@ENRON, Limor Nissan/NYC/MGUSA@MGUSA, Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Portz/HOU/ECT@ECT, Dale Rasmussen/HOU/ECT@ECT, Coralina Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael A Robison/HOU/ECT@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lance Schuler-Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Carol St Clair/HOU/ECT@ECT, Carlos Sole/NA/Enron@Enron, Lou Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, John Viverito/Corp/Enron@Enron, Ann Elizabeth White/HOU/ECT@ECT, Randy Young/NA/Enron@Enron, Stuart Zisman/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Kimberlee A Bennick/HOU/ECT@ECT, Martha Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sarah Bruck/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT, Linda R Guinn/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron, Deb Korkmas/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Mary Ogden/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Andrea Calo/SA/Enron@Enron, Brent Hendry/NA/Enron@Enron, David Minns/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Greg Johnston/CAL/ECT@ECT, Peter Keohane/CAL/ECT@ECT, Justin Boyd/LON/ECT@ECT, Edmund Cooper/LON/ECT@ECT, Mark Elliott/LON/ECT@ECT, Mark Evans/Legal/LON/ECT@ECT, Denis O'Connell/LON/ECT@ECT, Robert Quick/LON/ECT@ECT, Paul Simons/LON/ECT@ECT, Martin Rosell/OSL/ECT@ECT, Rahul Saxena/LON/ECT@ECT, Greg Johnston/CAL/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Matthias Lee/SIN/ECT@ECT, Suzanne Adams/HOU/ECT@ECT, Connie Castillo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Margaret Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Janette Elbertson/HOU/ECT@ECT, Kaye Ellis/HOU/ECT@ECT, Carolyn George/Corp/Enron@ENRON, Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jan M King/HOU/ECT@ECT, Taffy Milligan/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT, Becky Spencer/HOU/ECT@ECT, Linda J Simmons/HOU/ECT@ECT, Dina Snow/Corp/Enron@Enron, Twanda Sweet/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Yo Yamanishi/AP/Enron@Enron, Michelle Blaine/Enron@EnronXGate, Gail Brownfeld/ENRON@enronXgate, Stephanie Truss/Enron@EnronXGate cc: Subject: Enron Wholesale Services 2001 Legal Conference The Enron Wholesale Services 2001 Legal Conference will be held on Thursday afternoon and Friday, October 11 - 12, 2001 at the Woodlands Resort and Conference Center north of Houston. Please save the date!
------------------------------------------------------------------------------------------------------ W E E K E N D S Y S T E M S A V A I L A B I L I T Y F O R November 16, 2001 5:00pm through November 19, 2001 12:00am ------------------------------------------------------------------------------------------------------ SCHEDULED SYSTEM OUTAGES: ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. AZURIX: No Scheduled Outages. EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages. EDI SERVER: No Scheduled Outages. ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages ENRON NORTH AMERICAN LANS: SEE ORIGINAL REPORT FIELD SERVICES: No Scheduled Outages. INTERNET: No Scheduled Outages. MESSAGING: ALSO SEEE ORIGINAL REPORT Impact: All Nahou Exchange server users Time: Sat 11/17/2001 at 5:00:00 PM CT thru Sat 11/17/2001 at 9:00:00 PM CT Sat 11/17/2001 at 3:00:00 PM PT thru Sat 11/17/2001 at 7:00:00 PM PT Sat 11/17/2001 at 11:00:00 PM London thru Sun 11/18/2001 at 3:00:00 AM London Outage: Exchange server standardization Environments Impacted: All Exchange users Purpose: Standardize all cluster nodes and bring up to current Microsoft standards. Backout: Remove upgraded files. Contact(s): Tim Hudson 713-853-9289 Impact: nahou-msdev01p nahou-msmbx01v Time: Sat 11/17/2001 at 5:00:00 PM CT thru Sat 11/17/2001 at 9:00:00 PM CT Sat 11/17/2001 at 3:00:00 PM PT thru Sat 11/17/2001 at 7:00:00 PM PT Sat 11/17/2001 at 11:00:00 PM London thru Sun 11/18/2001 at 3:00:00 AM London Outage: Database defragmentation Environments Impacted: Exchange users on nahou-msdev01p nahou-msmbx01v Storage group 3 Database 4 Purpose: To reclaim un-used drive space within the Exchange database. Backout: N A. Contact(s): Tim Hudson 713-853-9289 MARKET DATA: SEE ORIGINAL REPORT NT: No Scheduled Outages. OS/2: No Scheduled Outages. OTHER: ALSO SEE ORIGINAL REPORT Impact: EFM Accounting Time: Sat 11/17/2001 at 10:00:00 PM CT thru Sat 11/17/2001 at 11:00:00 PM CT Sat 11/17/2001 at 8:00:00 PM PT thru Sat 11/17/2001 at 9:00:00 PM PT Sun 11/18/2001 at 4:00:00 AM London thru Sun 11/18/2001 at 5:00:00 AM London Outage: Swap names of NAHOU-SQEFM01P and NAHOU-SQLAC01P Environments Impacted: EFM Accounting users Purpose: Migration of production EFM Accounting MSSQL Server from 6.5 to 2000 Backout: Contact(s): William Mallary Bob McCrory (713) 853-5749 Michael Kogotkov (713) 345-1677 Impact: CORP Time: Sat 11/17/2001 at 6:00:00 PM CT thru Sun 11/18/2001 at 9:00:00 AM CT Sat 11/17/2001 at 4:00:00 PM PT thru Sun 11/18/2001 at 7:00:00 AM PT Sun 11/18/2001 at 12:00:00 AM London thru Sun 11/18/2001 at 3:00:00 PM London Outage: CPR Environments Impacted: All Purpose: Hardware maintenance for Skywalker Backout: Contact(s): CPR Support 713-284-4175 Impact: CORP Time: Sat 11/17/2001 at 6:00:00 PM CT thru Sun 11/18/2001 at 6:00:00 AM CT Sat 11/17/2001 at 4:00:00 PM PT thru Sun 11/18/2001 at 4:00:00 AM PT Sun 11/18/2001 at 12:00:00 AM London thru Sun 11/18/2001 at 12:00:00 PM London Outage: Test/Dev general server maintenance for the following: ferrari, modena, trout, cypress, bravo Environments Impacted: ENW test and development Purpose: Established maintenance window for Test and Development Backout: None Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 11/17/2001 at 6:00:00 PM CT thru Sun 11/18/2001 at 9:00:00 AM CT Sat 11/17/2001 at 4:00:00 PM PT thru Sun 11/18/2001 at 7:00:00 AM PT Sun 11/18/2001 at 12:00:00 AM London thru Sun 11/18/2001 at 3:00:00 PM London Outage: New disk layout for server ERMS CPR server skywalker. Environments Impacted: ERMS Purpose: Move toward new standard disk layout. Backout: If database doesn't work after restore to new layout we will roll back to the old mirrored copy and resync to that copy. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Sat 11/17/2001 at 6:00:00 PM CT thru Sun 11/18/2001 at 9:00:00 AM CT Sat 11/17/2001 at 4:00:00 PM PT thru Sun 11/18/2001 at 7:00:00 AM PT Sun 11/18/2001 at 12:00:00 AM London thru Sun 11/18/2001 at 3:00:00 PM London Outage: General maintenance for ERMS CPR app server chewbacca. Environments Impacted: ERMS CPR Purpose: General maintenance and patching. Backout: Backout patches and config changes and reboot to old configuration. Contact(s): Malcolm Wells 713-345-3716 Impact: CORP Time: Fri 11/16/2001 at 5:00:00 PM CT thru Sat 11/17/2001 at 2:00:00 PM CT Fri 11/16/2001 at 3:00:00 PM PT thru Sat 11/17/2001 at 12:00:00 PM PT Fri 11/16/2001 at 11:00:00 PM London thru Sat 11/17/2001 at 8:00:00 PM London Outage: Update to new disk layout for server foxtrot. Environments Impacted: ACTA production Purpose: Move toward new standard in disk layout. Backout: Restore old disk layout restore data from disk. Contact(s): Malcolm Wells 713-345-3716 Impact: ENPOWER Time: Sat 11/17/2001 at 7:00:00 AM CT thru Sat 11/17/2001 at 12:00:00 PM CT Sat 11/17/2001 at 5:00:00 AM PT thru Sat 11/17/2001 at 10:00:00 AM PT Sat 11/17/2001 at 1:00:00 PM London thru Sat 11/17/2001 at 6:00:00 PM London Outage: Build standby database on PWRPROD1 Environments Impacted: Enpower application User Purpose: Improve system availability for Enpower Database Backout: Drop the standby database. Contact(s): Tantra Invedy 713 853 4304 Impact: EI Time: Fri 11/16/2001 at 3:00:00 PM CT thru Fri 11/16/2001 at 6:00:00 PM CT Fri 11/16/2001 at 1:00:00 PM PT thru Fri 11/16/2001 at 4:00:00 PM PT Fri 11/16/2001 at 9:00:00 PM London thru Sat 11/17/2001 at 12:00:00 AM London Outage: Decommission 3AC-17 server Room Environments Impacted: El and Azurix Purpose: Decommission 3AC-17 server Room Backout: None, must be out and installed on the 35th floor of 3AC Contact(s): Matthew James 713-345-8111 Jon Goebel 713-345-7570 Impact: CORP Time: Sat 11/17/2001 at 1:00:00 PM CT thru Sat 11/17/2001 at 5:00:00 PM CT Sat 11/17/2001 at 11:00:00 AM PT thru Sat 11/17/2001 at 3:00:00 PM PT Sat 11/17/2001 at 7:00:00 PM London thru Sat 11/17/2001 at 11:00:00 PM London Outage: Migrate VMS objects from Enpower test to production Environments Impacted: Corp Purpose: To allow production deployment of the VMS engine Backout: None. Contact(s): Charlene Fricker 713-345-3487 Impact: NAHOU-ORDB07P Time: Sat 11/17/2001 at 9:00:00 AM thru Sat 11/17/2001 at 11:00:00 AM Outage: NAHOU-ORDB07P Drive Failure. Environments Impacted: Corp trying to access dbases on the server. Purpose: To replace a bad hard drive. Backout: Restore from tape and backed up DB. Contact(s): David Devoll 713-345-8970 SITARA: No Scheduled Outages. SUN/OSS SYSTEM: No Scheduled Outages. TELEPHONY: No Scheduled Outages TERMINAL SERVER: No Scheduled Outages. UNIFY: No Scheduled Outages. ---------------------------------------------------------------------------------------------------------------------------- FOR ASSISTANCE (713) 853-1411 Enron Resolution Center Specific Help: Information Risk Management (713) 853-5536 SAP/ISC (713) 345-4727 Unify On-Call (713) 284-3757 [Pager] Sitara On-Call (713) 288-0101 [Pager] RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager] OSS/UA4/TARP (713) 285-3165 [Pager] CPR (713) 284-4175 [Pager] EDI Support (713) 327-3893 [Pager] EES Help Desk (713)853-9797 OR (888)853-9797 TDS -Trader Decision Support On-Call (713) 327-6032 [Pager]
---------------------- Forwarded by Judy Hernandez/HOU/ECT on 10/04/2000 08:28 AM --------------------------- Angela Barnett 10/03/2000 01:54 PM To: lsharis@msn.com, lallen@patroithomes.com, kttn0965@aol.com, Topey0661@aol.com, dpepplejes@netscape.net, Mok66@aol.com, Judy Hernandez/HOU/ECT@ECT, kkjohnson@velocityexp.com, Debby_Darnell@eott.com, McJenjil@aol.com, Hhrk23@aol.com, Lois Ford/NA/Enron@ENRON, Diane Salcido/Corp/Enron@Enron cc: Subject: FW: Children ---------------------- Forwarded by Angela Barnett/HOU/ECT on 10/03/2000 01:49 PM --------------------------- "Curley, Kim" <KCurley@tmh.tmc.edu> on 10/03/2000 01:00:38 PM To: "'ANGELA.BARNETT@ENRON.COM'" <ANGELA.BARNETT@ENRON.COM> cc: Subject: FW: Children > -----Original Message----- > From: loretta-henry@reliantenergy.com > [SMTP:loretta-henry@reliantenergy.com] > Sent: Tuesday, October 03, 2000 12:51 PM > To: Nikki V Carter; Curley, Kim; R Fitzgerald; > Shannon_Henderson@mail.bankone.com > Subject: Children > > To my child(ren)..... > > Just for the morning, I am going to smile > when I see your face > and laugh when I feel like crying. > > Just for this morning, I will let you > choose what you want to wear, > and smile and say how perfect it is. > > Just for this morning, I am going to step > over the laundry, and pick you up > and take you to the park to play. > > Just for this morning, I will leave the > dishes in the sink, and let you > teach me how to put that puzzle of yours together. > > Just for this afternoon, I will unplug the > telephone and keep the computer off, > and sit with you in the backyard and > blow bubbles. > > Just for this afternoon, I will not yell > once, not even a tiny grumble when you scream > and whine for the ice cream truck, and I will buy > you one if he comes by. > > Just for this afternoon, I won't worry > about what you are going to > be when you grow up, or second guess every decision > I have made where you are concerned. > > Just for this afternoon, I will let you > help me bake cookies, and I won't > stand over you trying to fix them. > > Just for this afternoon, I will take us to > Mc Donald's and buy us both a > Happy Meal so you can have both toys. > > Just for this evening, I will hold you in > my arms and tell you a story about > how you were born and how much I love you. > > Just for this evening, I will let you > splash in the tub and not get angry. > > Just for this evening, I will let you stay > up late while we sit on the porch > and count all the stars. > > Just for this evening, I will snuggle > beside you for hours, and miss > my favorite TV shows. > > Just for this evening when I run my finger > through your hair as you pray, > I will simply be grateful that God has > given me the greatest gift > ever given. > > I will think about the mothers and fathers who are > searching for their missing children, > the mothers and fathers who are visiting their > children's graves instead of their bedrooms, > and mothers and fathers who are in > hospital rooms watching their children suffer senselessly, > and screaming inside they can't handle it anymore. > > And when I kiss you goodnight I will hold > you a little tighter, a little longer. It is then, > that I will thank God for you, and ask him for > nothing, except one more day............. > > Please pass this on to other mothers and fathers. I > think that we get too involved in our daily routines that we tend > to forget what great gifts our children really are. >
Gold Rose today? ---------------------- Forwarded by Kay Mann/Corp/Enron on 06/06/2001 07:25 AM --------------------------- From: Mark E Haedicke@ECT on 06/05/2001 01:46 PM Sent by: Janette Elbertson@ECT To: Alan Aronowitz/HOU/ECT@ECT, Michelle Blaine/ENRON@enronXgate, Sandi M Braband/HOU/ECT@ECT, Gail Brownfeld/Enron@EnronXGate, Robert Bruce/NA/Enron@Enron, Teresa G Bushman/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Dominic Carolan/Enron@EnronXGate, Barton Clark/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, Mary Cook/HOU/ECT@ECT, Nancy Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Ned E Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eddy Daniels/NA/Enron@Enron, Angela Davis/NA/Enron@Enron, Peter del Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Andrew Edison/NA/Enron@Enron, Roseann Engeldorf/Enron@EnronXGate, Shawna Flynn/HOU/ECT@ECT, Robert H George/NA/Enron@Enron, Barbara N Gray/HOU/ECT@ECT, Mark Greenberg/NA/Enron@ENRON, Wayne Gresham/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron, Dan J Hyvl/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Cheryl Lindeman/ENRON@enronXgate, Dan Lyons/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Harlan Murphy/NA/Enron@Enron, Julia Murray/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron, Gerald Nemec/HOU/ECT@ECT, Marcus Nettelton/NA/Enron@ENRON, Francisco Pinto Leite/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, David Portz/HOU/ECT@ECT, Coralina Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael A Robison/HOU/ECT@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lance Schuler-Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Carlos Sole/NA/Enron@Enron, Carol St Clair/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, John Viverito/Corp/Enron@Enron, Ann Elizabeth White/HOU/ECT@ECT, Randy Young/NA/Enron@Enron, Susan Bailey/HOU/ECT@ECT, Kimberlee A Bennick/HOU/ECT@ECT, Martha Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Sarah Bruck/ENRON_DEVELOPMENT@ENRON_DEVELOPMENt, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT, Diane Goode/NA/Enron@Enron, Linda R Guinn/HOU/ECT@ECT, Marie Heard/NA/Enron@Enron, Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Kathleen Carnahan/Enron@EnronXGate, Deb Korkmas/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Mary Ogden/HOU/ECT@ECT, Stephanie Panus/NA/Enron@Enron, Debra Perlingiere/HOU/ECT@ECT, Robert Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Samantha Ferguson/NA/Enron@Enron, Majed Nachawati/NA/Enron@Enron, Suzanne Adams/HOU/ECT@ECT, Connie Castillo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Margaret Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Keegan Farrell/NA/Enron@Enron, Nita Garcia/NA/Enron@Enron, Carolyn George/Corp/Enron@ENRON, Esmeralda Gonzalez/ENRON@enronXgate, Vanessa Griffin/ENRON@enronXgate, Martha Keesler/ENRON@enronXgate, Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, MaryHelen Martinez/NA/Enron@Enron, Taffy Milligan/HOU/ECT@ECT, Rae Meadows/ENRON@EnronXgate, Linda J Simmons/HOU/ECT@ECT, Becky Spencer/HOU/ECT@ECT, Twanda Sweet/HOU/ECT@ECT, Stephanie Truss/Enron@EnronXGate, Alice Wright/NA/Enron@Enron, Theresa Zucha/NA/Enron@Enron, Reginald Shanks/HOU/ECT@ECT, Claudia Meraz/HOU/ECT@ECT cc: Subject: Save the Date -- Star Wars: The Magic of Myth The Museum of Fine Arts Houston
I am forwarding some Wall Street comments from Kathryn Corbally related to the Transmission buyout. Looks like they view it as very favorable - not a major hit against EPS tied to full recovery of remaining undercollection. Not sure yet if they incorporate the going forward - maybe SCE doesn't want any merchant obligations? Jim ----- Forwarded by James D Steffes/NA/Enron on 02/27/2001 08:18 AM ----- Kathryn Corbally 02/26/2001 04:47 PM To: James D Steffes/NA/Enron@Enron cc: Subject: CaliforniA Jim, Have sent you three notes that show some level of support to activity in California - its probably a little bias since there are a few reports out there that say quote the 'devil is in the details' and quote 'the odds of bankruptcty remain in the 50% range.' Note1 09:42am EST 26-Feb-01 ABN AMRO Inc. (Ford,Daniel F. 212/258-1548) CPN DYN EIX One Down Two to Go One Down Two to Go ABN AMRO -- Research Notes Subject: Power Companies Mentioned: CPN, DYN#, EIX, PCG, SRE Analyst: Daniel F. Ford, CFA 212/258-1548 Po Cheng, CFA 212/258-1709 ============================================================================== = Date: February 26, 2001 ------------------------------------------------------------------------------ - Highlights: - On Friday (2/23), Governor Davis triumphantly announced that the State of California and Edison International had reached an agreement in principle for the sale of its electric transmission system as part of a financial recovery package. He also commented that "good progress" was made with Sempra Energy and "some progress" with PG&E Corp. - The preliminary terms of the agreement call for the State to buy Edison's transmission system for approximately $2.76 billion (2.3x estimated book value) and allow for the securitization of "a substantial portion of its undercollection". - In exchange, Edison would: 1) make payments of approximately $420 million to its utility subsidiary, Southern California Edison; 2) commit the entire output of an Edison Mission project at cost-based rates for 10 years; 3) provide cost-based rates from native generation for another 10 years; 4) give conservation easements on 20,000 acreas of watershed lands for 99 years; and 5) drop a pending lawsuit against the California Public Utilities Commission. - We view this agreement as a positive development. Based on the 2.3x purchase price, the EPS hit from the loss of the transmission lines would be approximately $0.10 lower than our worst case estimate (at 1.5x) of $1.90 . The agreement, however, is not final and additional details need to be worked out before being submitted to the legislature. - Events to watch over the next couple of weeks include: 1) a definitive agreement with Edison; 2) deals with PG&E Corp. and Sempra Energy; 3) a package that the legislature can accept (which could include concessions from generators); and 4) terms that are acceptable by the FERC. - In our opinion, the proposed deal is reasonable for EIX shareholders and renews the hope for a resolution to the crisis. While our optimism is tempered by the shortening timeframe, we are encouraged by the governor's recent statements, which have been more positive than negative. As such, we maintain our Buy ratings on Edison International and PG&E Corp as well as on the generation companies: Calpine and Dynegy. Other News: In other related news, on Friday (2/23) Edison announced that all of its banks have agreed to extend their forbearance until March 14. Note 2 05:16pm EST 26-Feb-01 Goldman Sachs (NEWYORK) EIX PCG ACTION EIX agrees to deal in principle with Gov Davis.PCG still negotiating.Buy EIX... Goldman, Sachs & Co. Investment Research EIX agrees to deal in principle with Gov Davis.PCG still negotiating.Buy EI * On February 23, EIX and Governor Davis reached an agreement in principal in which the state would agree to buy the transmission grid and allow for recovery of a 'substantial portion' of unrecovered cost in return for EIX refunding money from its parent to the utility and dropping pending litigation. This settlement appears to be a reasonable 'shared pain' scenario and is consistent with the 'buyout vs. bailout' structure we have been anticipating. To be enacted the deal needs to be finalized and approved by the EIX board and the California Legislature. FERC also must approve the asset sale. * EIX agreed to sell a portion of its electric transmission system to the state of California for $2.76 billion and transfer $420 million cash to its utility subsidiary from the parent. In return, the state would allow EIX to recover a substantial portion of its under-collected power costs and drop pending litigation in which the company is pursuing rate hikes. If approved by the EIX board and California legislature this agreement, in concert with passage of ABX1-1, would eliminate the overhang that has depressed EIX shares. * Although dependent on several factors, we believe the net impact on earnings from the settlement will not be as high as the current EIX stock price implies. We believe post-settlement EPS in 2002 will likely total at least $2.00/share, which supports a conservative valuation of $20 share (10X '02 EPS, a 20% valuation discount to the peer group). * Also late last week, PCG issued a press release indicating they had met with the Governor, had submitted proposals, and discussions were ongoing. With the framework already established for EIX, we expect a PCG settlement could be announced in the near future. PCG's negotiating flexibility is limited relative to EIX because their generation rates are lower, their under-recovered balance is higher, and the potential cash 'refund' from parent to subsidiary being requested by the government is probably larger. * PCG's transmission system has a book value of roughly $1.5 billion. At 2.3X book value, these assets could potentially be worth $3.5 billion. Assuming a parent company to utility cash transfer proportional to the one proposed for EIX, we estimate PCG would refund $780 million. PCG's stock price also reflects an earnings impact more punitive than implied by a settlement of this nature. We believe a deal like this would support post-settlement EPS of at least $2.50/share which supports a conservative valuation of $25/share (10X '02 eps, a 20% valuation discount to the peer group). * Because EIX has a 'deal in principle' the stock is trading at a premium to PCG despite having lower potential 2002 earnings power. Those investors who believe PCG will strike a deal that is similar in structure and proportional to EIX's settlement should purchase PCG over EIX at this juncture. NOTE 3 09:17am EST 26-Feb-01 Merrill Lynch (S.Fleishman (1) 212 449-0926) EIX PCG UTILITIES-ELECTRIC:California: One Goes Forward, But Need All Three ML++ML++ML Merrill Lynch Global Securities Research ML++ML++ML UTILITIES - ELECTRIC California: One Goes Forward, But Need All Three Steven I. Fleishman (1) 212 449-0926 Reason for Report: Governor reaches preliminary agreement with Edison; PG&E up in the air; Need all 3 utilities to move forward Investment Highlights: o On Friday, Governor Davis announced a preliminary agreement with Edison International (EIX; D-2-2-9; $14.69) on a financial resuscitation plan. The plan follows the basic framework previously outlined by the Governor. o The state will purchase Edison's transmission assets for $2.76B, or 2.3x book value. This would help pay off some of Edison's net $4.1B of undercollections (a number agreed upon with the Gov.) The remainder will be recovered through a bond financing tied to a dedicated rate component to be carved-out of Edison's rates. o In exchange, Edison will agree to: 1) Drop the lawsuit against the PUC, 2) Invest $420M back into the utility from the parent, representing tax overcollections , and 3) Sell power from its hydro and nuclear assets at cost- based rates for the next 10 years. Edison also agreed to sell power from its unregulated Sunrise plant, currently under construction, at cost-based rates for 10 years. o A number of uncertainties remain in Edison's deal, and it is still preliminary. The exact terms and language will be very important, particularly given the need to issue securitization bonds. It is impossible to provide exact earnings guidance based on this deal, but the only loss of earnings power would appear to come from lost transmission earnings (-$0.20-$0.25/share) and potentially lower generation earnings depending on the terms of cost-based rates. o This is a significant step forward for Edison and the resolution of the CA power credit crisis. However, it could be for naught if the other utilities cannot work out deals. We believe Sempra Energy (SRE; B-2-1-7; $22.10) is relatively close, but PG&E's (PCG; D-2-2-9, $13.70) talks were flailing last week. We continue to see little chance that this plan can move forward and pass through the legislature unless all the utilities are on board. o We believe PG&E is willing to work a deal within this framework. However, the simple problem is that PCG's undercollection numbers are much bigger. At YE 2000, PCG's net undercollection was more than $5B and we believe this may have reached $7B by the end of January. Selling the transmission for 2.3x book would provide only $3.5B, leaving the other half to be recovered though the dedicated rate component/securitization. It may be that the only way the numbers can work is with a rate increase. Despite the significant hurdles that remain, we believe the momentum toward a constructive outcome is improving. To that end, we maintain our Accumulate ratings on EIX and PCG for high rate accounts.
US Men's Clay Court Championships Downtown Exhibition Event - Today at 12 PM!!! Today at 12 PM, downtown Houston is hosting a exhibition tennis event on Texas Avenue in front of Bayou Place featuring Jan-Michael Gambill in honor of the US Men's Clay Court Championships being held at Westside Tennis Club this week. The event is free and will last approximately 45 minutes. Please join us for a brownbag concert on Friday, May 4 from 12:00 - 1:00 p.m. at Two Allen Center in the Forum (7th floor). Da Camera presents, "The Ying Quartet" performing selected 20th Century chamber pieces. Also, De Camera is offering a 20% discount to Enron employees to Da Camera's 200/01 season finale concert, "Celebrating Patronage" on Saturday, May 6 at The Wortham Center. If you are interested, please RSVP to Jessica Nunez at X31918 Do you hate to garden in the summer because everything you plant dies? Linda Gay, Director of the Mercer Arboretum and Botanic Gardens in Humble, will teach us about plants that not only survive, but thrive during the dog days of Houston summers. Topics will include tropical-looking plants for sun and shade, gingers, fragrant plants, and drought-tolerant plants. WHEN: Tuesday, May 8th, 11:30 a.m. - 12:30 p.m. WHERE: The Forum, 12th floor of 2 Allen Center Houston area singles interested in jazz, dessert and classical music can meet and mingle on Friday, May 4, 2001. The evening of entertainment begins at 5:30 p.m., with live jazz by the Blue Monks at Sambuca Jazz Cafes at 909 Texas Avenue. Complimentary hors d'oeuvres and a cash bar are available at the pre-concert party. At 7p.m., you're off to Jones Hall across the street for dessert at the Round Bar before the Houston Symphony performance at 8 p.m. David Robertson, Musical America's Conductor of the Year 2000, will lead Beethoven's idyllic romp through the countryside, Symphony No. 6, Pastoral. The program concludes with Prokofiev's patriotic Alexander Nevsky, originally written for the Eisenstein film of the same name, and the legendary Battle on the Ice, featuring the Houston Symphony Chorus. Tickets are $35 and include the pre-concert party at Sambuca, dessert at the Round Bar in Jones Hall and reserved concert seating. Pre-paid reservations are required and space is limited. Singles only please. Make your reservations on-line at www.houstonsymphony.org or call 713 238-1477. Project Mom @ Friendly Haven on Saturday, May 11th.... in Honor of Mother's Day! Join Enron employees at Friendly Haven, a housing assistance program supported by AFH (AIDS Foundation Houston), for a volunteer project designed to celebrate Mother's Day. Approximately 40 single mothers comprise Friendly Haven's residents and we would like to make the day special for both them and their children. Enron volunteers are needed to facilitate a children's craft activity for Mother's Day presents and also serve a special brunch to all of the mothers in the program. This project can be utilized as a team building opportunity for a department with 15 - 25 employees or individual volunteers may sign up by contacting Janice Riedel at x37507 - for more information on AFH, visit http://www.aidshelp.org/programs/housing.htm. ChildBuilders, Houston's Advocates for Mental Health in Children, is hosting a special lunch time event on Tuesday, May 8th from 11 AM - 2 PM, in honor of Children's Mental Health Awareness Week at Hermann Square, featuring actors performing vignettes on issues and parenting. Zydeco music, free soft drinks and deserts will also be available. Volunteers will receive a free t-shirt and are needed to publicize the event, fill balloons, set-up tables and chairs, serve drinks and deserts, and to assist with clean-up. To sign up for these jobs, please open and read the attachment for more specific job descriptions and email the sign-up sheet with your name, phone number, and email address to Dottie Bates at dsquareb@msn.com or call (713) 932-8440. http://home.enron.com:84/messaging/signup.doc VOLUNTEERS NEEDED FOR 15TH ANNUAL HOUSTON HOOP-IT-UP MAY 5-6! The best way to get yourself jump-started for a full year of Hoops. Become a part of this jammin'hoops scene with over 1,200 teams & 4,800 players. Join us at Greenspoint Mall for a basketball-crazed atmosphere. Games and special events being played simultaneously on 110 courts so the basketballs will be flying HOOP-IT-UP is where you play for FUN. EVENT BENEFITS THE "ESCAPE FAMILY RESOURCE CENTER" SATURDAY - MAY 5TH 8:00 - 6:00 PM SUNDAY - MAY 6TH 8:00 - 5:00 PM For more information please call "Hoop-It-Up Hotline": 713-521-4535 or E-Mail: Hoopitup@Texas.Net Have News to Share? To post news or events in Enron In Action, please e-mail your information to EIA@enron.com no later than 12:00 noon the Thursday prior to the next Monday's mailing.
Bob, You can address messages to me as: Vince.J. Kaminski@enron.com (not Kaminsky). or vkamins@enron.com. Sorry for the confusion. Vince ---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/27/2000 08:11 AM --------------------------- Robert Brooks <rebrooks@earthlink.net> on 03/24/2000 12:05:58 PM Please respond to "rebrooks@rbac.com" <rebrooks@rbac.com> To: "'vkamins@enron.com'" <vkamins@enron.com> cc: Subject: FW: Returned mail: User unknown Apparently this one doesn't work either. Bob Brooks -----Original Message----- From: Mail Delivery Subsystem [SMTP:MAILER-DAEMON@earthlink.net] Sent: Friday, March 24, 2000 9:56 AM To: rebrooks@earthlink.net Subject: Returned mail: User unknown The original message was received at Fri, 24 Mar 2000 09:56:19 -0800 (PST) from adsl-63-198-129-100.dsl.lsan03.pacbell.net [63.198.129.100] ----- The following addresses had permanent fatal errors ----- <Vince.Kaminsky@enron.com> ----- Transcript of session follows ----- ... while talking to mailman.enron.com.: >>> RCPT To:<Vince.Kaminsky@enron.com> <<< 550 <Vince.Kaminsky@enron.com>... User unknown 550 <Vince.Kaminsky@enron.com>... User unknown - ATT00005.att Content-Transfer-Encoding: 7bit From: Robert Brooks <rebrooks@earthlink.net> To: "Vince Kaminski (E-mail)" <Vince.Kaminsky@enron.com> Subject: FW: From powermarketers.com: New England Natural Gas Growth Date: Fri, 24 Mar 2000 10:02:38 -0800 MIME-Version: 1.0 Content-Type: text/plain; charset="us-ascii" New England's Natural Gas Industry Reaches New Growth Levels ( March 23, 2000 ) (relayed by Bob Brooks, GPCM Natural Gas Market Forecasting System) PROVIDENCE, R.I., March 23 /PRNewswire/ -- The natural gas industry in New England continues its fast rate of growth, in terms of new customers and new supply capabilities, industry and government leaders learned today at The New England Gas Association's annual Energy Conference held at The Westin Hotel in Providence. Alfred P. Degen, chairman of The New England Gas Association, and chairman, president and chief executive officer of Valley Gas Company, based in Cumberland, Rhode Island, said: "The interest in natural gas has never been stronger in New England. We look forward to continued growth in the years ahead, to bring reliable, efficient, and cost-effective natural gas to homes and businesses throughout the region." This growth in New England is reflected in such developments as: * A 25% growth in the region's pipeline infrastructure over the last year: -- two new pipelines from Canada - the Portland Natural Gas Transmission System (PNGTS), and the Maritimes & Northeast Pipeline from Nova Scotia; -- system expansions by the region's transmission and local distribution companies; * A new supply of liquefied natural gas (LNG) from the Caribbean: -- the Cabot LNG Corporation's Atlantic LNG Project made first deliveries to New England in May 1999; -- LNG deliveries to New England in 1999 were more than double 1998 levels; * There are more natural gas customers in New England than ever before: -- NEGA reports that New England now has over 2.2 million natural gas customers, from homeowners to small and large businesses; -- The region's gas utilities reached a new record sendout of gas on January 17, 2000, reaching 3.4 billion cubic feet (Bcf), a 13% increase over the previous record. "Over the past year," said Degen, "the New England natural gas industry installed more new miles of pipelines than it has in decades. Whole areas of New England are gaining access to gas for the first time, and the rest of the region is receiving substantial new supplies as well." The Conference was attended by more than 300 industry and government officials. In his keynote address, Gary L. Neale, chairman, president and CEO of NiSource, Inc., and chairman of the American Gas Association (A.G.A.), reported on the national natural gas market projections found in A.G.A.'s recent study, "Fueling the Future." Neale noted that increased natural gas demand has multiple national benefits, including: environmental, energy security, trade, and economic development. NEGA, based in Needham, Massachusetts, was established in 1926. Its membership includes all of New England's local natural gas utilities, the interstate pipeline companies, a liquefied natural gas (LNG) importer, and over 280 associate member companies. The natural gas utilities serve over 2.2 million customers in 490 communities in New England.
---------------------- Forwarded by Raquel Nunes-Thomas/USLGN/USLUM/ABB on 01/23/2002 08:35 AM --------------------------- |-------------> |(Embedded | |image moved | |to file: | |pic29801.pcx)| | | |-------------> >------------------------------------------------------------------------| |Thomas F Sawyer/USLGN/USLUM/ABB | |01/23/2002 07:01 AM (Phone: +1 713 821-4100, Dept.: PIPING DESIGN) | >------------------------------------------------------------------------| To: DEBBIE SAWYER <DSAWYER @ alliance-engineering.com> Debra Cannon/USLGN/USLUM/ABB@ABB_USLUM lana@plumhoff.com Randy Hernandez/USLGN/USLUM/ABB@ABB_USLUM Roy Jeans/USLGN/USLUM/ABB@ABB_USLUM Raquel Nunes-Thomas/USLGN/USLUM/ABB Martin Ogg/USLGN/USLUM/ABB@ABB_USLUM Steve Sawyer <sales@dynatrolUSA.com> @ ABB_US01@ABB_NOTES adam.shivers@rsli.com lilshiv03@aol.com Matt_Shivers@canadalifeus.com Donald Skidmore/USLGN/USLUM/ABB@ABB_USLUM Jerry Stringer/USLGN/USLUM/ABB@ABB_USLUM Melvin Talley/USLGN/USLUM/ABB@ABB_USLUM Tony Vigil/USLGN/USLUM/ABB@ABB_USLUM Jerry Whitlow/USLGN/USLUM/ABB@ABB_USLUM Ed Waltman/USLGN/USLUM/ABB@ABB_USLUM Jim Williams/USLGN/USLUM/ABB@ABB_USLUM Subject: PAYBACKS Security Level:? Internal ---------------------- Forwarded by Thomas F Sawyer/USLGN/USLUM/ABB on 01/23/2002 07:01 AM --------------------------- |-------------> |(Embedded | |image moved | |to file: | |pic00111.pcx)| | | |-------------> >------------------------------------------------------------------------| |Ronny G White/USLGN/USLUM/ABB | |01/23/2002 06:50 AM (Phone: +1 713 821 5000, Dept.: No Department | |specified) | >------------------------------------------------------------------------| Thomas F Sawyer/USLGN/USLUM/ABB@ABB_USLUM Dwight Shuey/USLGN/USLUM/ABB@ABB_USLUM Al Caballero/USLGN/USLUM/ABB@ABB_USLUM Sheryl Pattie/USLGN/USLUM/ABB@ABB_USLUM Jack Little/USLGN/USLUM/ABB@ABB_USLUM jdenton@dow.com tbaker@chicagobridge.com pwpwtx@aol.com PSPERRY@ATLANTICMARINE.COM ben.johnson@opd-inc.com cc: Subject: PAYBACKS Security Level:? Internal Why didn't we think of this???????? When you get ads in your phone or utility bill, include them with the payment. Let them throw it away. When you get those pre-approved letters in the mail for everything from credit cards to 2nd mortgages and junk like that, most of them come with postage paid return envelopes, right? Well, why not get rid of some of your other junk mail and put it in with these cool little envelopes! Send an ad for your local cleaners to American Express, Or a pizza coupon to Citibank. If you didn't get anything else that day, then just send them their application back! If you want to remain anonymous, just make sure your name isn't on anything you send them. You can send it back empty just to keep them guessing! Eventually, the banks and credit card companies will begin getting all their junk back in the mail. Let's let them know what it's like to get junk mail, and best of all THEY'RE paying for it! TWICE! Let's help keep our postal service busy since they say e-mail is cutting into their business, and that's why they need to increase postage again! They'll get the message if we keep passing this on. - pic29801.pcx - pic00111.pcx
---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 04/03/2000 10:49 AM --------------------------- Jlpnymex@aol.com on 04/03/2000 09:28:04 AM To: Doris.A.Abernathy@ucm.com, nalexander@texasmonthly.emmis.com, blackj@wellsfargo.com, Louisb2468@aol.com, burgher@cornerstonesolutions.com, rclark@nymex.com, ckcrews@swbell.net, KCDunnagan@aol.com, rdyerlaw@houston.rr.com, sgoldfield@tmh.tmc.edu, lesley.guthrie@cpa.state.tx.us, elizabethherring@pzlqs.com, khcnb@arkansas.net, robyn_howard@aimfunds.com, Michael.Jacobs@hq.doe.gov, vkamins@enron.com, paulcraiglaird2@netscape.net, adrian.a.nunez@usa.conoco.com, daricha@ppco.com, esjerve@canspec.com, alane_smith@transcanada.com, james.stanton@et.pge.com, dzerba@teldatasolutions.com cc: Subject: Fwd: FW: Martha Stewart's Tips for Rednecks Have a good week! Jana Return-Path: <woodybc@bp.com> Received: from rly-zb01.mx.aol.com (rly-zb01.mail.aol.com [172.31.41.1]) by air-zb05.mail.aol.com (v70.20) with ESMTP; Fri, 31 Mar 2000 11:18:19 -0500 Received: from interlock.amoco.com (interlock.amoco.com [192.195.167.2]) by rly-zb01.mx.aol.com (v70.21) with ESMTP; Fri, 31 Mar 2000 11:17:55 -0500 Received: by interlock.amoco.com id KAA20262 (InterLock SMTP Gateway 3.0 for jlpnymex@aol.com); Fri, 31 Mar 2000 10:17:46 -0600 Received: by interlock.amoco.com (Protected-side Proxy Mail Agent-2); Fri, 31 Mar 2000 10:17:46 -0600 Received: by interlock.amoco.com (Protected-side Proxy Mail Agent-1); Fri, 31 Mar 2000 10:17:46 -0600 Message-Id: <D53215B582D2D2118F580008C7B1AB47C33B16@amhoux9.hou.am.bp.com> From: "Woody, Brett C" <woodybc@bp.com> To: "'dand@headington.com'" <dand@headington.com>, "'clwhite@duke-energy.com'" <clwhite@duke-energy.com>, "'joyg@aurora-gas.com'" <joyg@aurora-gas.com>, "'jlpnymex@aol.com'" <jlpnymex@aol.com> Subject: FW: Martha Stewart's Tips for Rednecks Date: Fri, 31 Mar 2000 10:16:40 -0600 X-Mailer: Internet Mail Service (5.5.2448.0) A little light humor. > > Subject: Martha Stewart's Tips for Rednecks > > > > MARTHA STEWART'S TIPS FOR REDNECKS > > > > 1. Never take a beer to a job interview. > > 2. Always identify people in your yard before shooting squirrels. > > 3. It's considered tacky to take a cooler to church. > > 4. If you have to vacuum the bed, it is time to change the sheets. > > 5. Even if you're certain that you are included in the will, it is > > still considered improper to drive a U-Haul to the funeral home. > > > > DINING OUT > > 1. When decanting wine, make sure that you tilt the paper cup, and pour > > slowly so as not to "bruise" the fruit of the vine. > > 2. If drinking directly from the bottle, always hold it with your > > fingers covering the label. > > > > ENTERTAINING IN YOUR HOME > > 1. A centerpiece for the table should never be anything prepared by a > > taxidermist. > > 2. Do not allow the dog to eat at the table...no matter how good his > > manners are. > > > > PERSONAL HYGIENE > > 1. While ears need to be cleaned regularly, this is a job that should > > be done in private using one's OWN truck keys. > > 2. Proper use of toiletries can forestall bathing for several days. > > However, if you live alone, deodorant is not a waste of good money. > > 3. Dirt and grease under the fingernails is a social no-no, as they > > tend to detract from a woman's jewelry and alter the taste of finger > > foods. > > > > DATING (Outside the Family) > > 1. Always offer to bait your date's hook, especially on the first date. > > 2. Be aggressive. Let her know you're interested: "I've been wanting > > to go out with you since I read that stuff on the bathroom wall two > years > > ago." > > 3. Establish with her parents what time she is expected back. Some will > > say 10:00 PM; Others might say "Monday." If the latter is the answer, it > > is the man's responsibility to get her to school on time. > > > > THEATER ETIQUETTE > > 1. Crying babies should be taken to the lobby and picked up immediately > > after the movie has ended. > > 2. Refrain from talking to characters on the screen. Tests have proven > > they can't hear you. > > > > WEDDINGS > > 1. Livestock, usually, is a poor choice for a wedding gift. > > 2. Kissing the bride for more than 5 seconds may get you shot. > > 3. For the groom, at least, rent a tux. A leisure suit with a > > cummerbund and a clean bowling shirt can create an unappealing > appearance. > > 4. Though uncomfortable, say "yes" to socks and shoes for this special > > occasion. > > > > DRIVING ETIQUETTE > > 1. Dim your headlights for approaching vehicles; Even if the gun is > > loaded, and the deer is in sight. > > 2. When approaching a four-way stop, the vehicle with the largest tires > > always has the right of way. > > 3. Never tow another car using panty hose and duct tape. > > 4. When sending your wife down the road with a gas can, it is impolite > > to ask her to bring back beer. > > 5. Do not lay rubber while traveling in a funeral procession. > > 6. Do not mend mufflers with bubble-gum if your truck back-fires > > > >
Janette, I'm available. Kay ---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 06:29 AM --------------------------- From: Mark E Haedicke@ECT on 12/10/2000 05:17 PM Sent by: Janette Elbertson@ECT To: Alan Aronowitz/HOU/ECT@ECT, Roger Balog/HOU/ECT@ECT, Peggy Banczak/HOU/ECT@ECT, Sandi M Braband/HOU/ECT@ECT, Robert Bruce/NA/Enron@Enron, Teresa G Bushman/HOU/ECT@ECT, Bob Carter/HOU/ECT@ECT, Michelle Cash/HOU/ECT@ECT, Barton Clark/HOU/ECT@ECT, Harry M Collins/HOU/ECT@ECT, Nancy Corbet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ned E Crady/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Shonnie Daniel/HOU/ECT@ECT, Angela Davis/NA/Enron@Enron, Peter del Vecchio/HOU/ECT@ECT, Stacy E Dickson/HOU/ECT@ECT, Shawna Flynn/HOU/ECT@ECT, Robert H George/NA/Enron@Enron, Barbara N Gray/HOU/ECT@ECT, James Grace/Corp/Enron@ENRON, Mark Greenberg/NA/Enron@ENRON, Wayne Gresham/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Jeffrey T Hodge/HOU/ECT@ECT, Dan J Hyvl/HOU/ECT@ECT, Anne C Koehler/HOU/ECT@ECT, Dan Lyons/HOU/ECT@ECT, Kay Mann/Corp/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Lisa Mellencamp/HOU/ECT@ECT, Janet H Moore/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Julia Murray/HOU/ECT@ECT, Gerald Nemec/HOU/ECT@ECT, Marcus Nettelton/NA/Enron@ENRON, David Portz/HOU/ECT@ECT, Coralina Rivera/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Michael A Robison/HOU/ECT@ECT, Daniel R Rogers/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Elizabeth Sager/HOU/ECT@ECT, Richard B Sanders/HOU/ECT@ECT, Frank Sayre/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lance Schuler-Legal/HOU/ECT@ECT, Sara Shackleton/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Lou Stoler/HOU/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Sheila Tweed/HOU/ECT@ECT, Steve Van Hooser/HOU/ECT@ECT, John Viverito/Corp/Enron@Enron, Ann Elizabeth White/HOU/ECT@ECT, Stuart Zisman/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Kimberlee A Bennick/HOU/ECT@ECT, Martha Braddy/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Genia FitzGerald/HOU/ECT@ECT, Nony Flores/HOU/ECT@ECT, Linda R Guinn/HOU/ECT@ECT, Ed B Hearn III/HOU/ECT@ECT, Mary J Heinitz/HOU/ECT@ECT, Tana Jones/HOU/ECT@ECT, Kathleen Carnahan/NA/Enron@Enron, Deb Korkmas/HOU/ECT@ECT, Laurie Mayer/HOU/ECT@ECT, Matt Maxwell/Corp/Enron@ENRON, Mary Ogden/HOU/ECT@ECT, Debra Perlingiere/HOU/ECT@ECT, Larry Pardue/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Robert Walker/HOU/ECT@ECT, Kay Young/HOU/ECT@ECT, Merrill W Haas/HOU/ECT@ECT, Brent Hendry/NA/Enron@Enron, Suzanne Adams/HOU/ECT@ECT, Connie Castillo/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Sheri L Cromwell/HOU/ECT@ECT, Joya Davis/HOU/ECT@ECT, Margaret Doucette/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Kaye Ellis/HOU/ECT@ECT, Carolyn George/Corp/Enron@ENRON, Jenny Helton/HOU/ECT@ect, Holly Keiser/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Taffy Milligan/HOU/ECT@ECT, Pat Radford/HOU/ECT@ECT, Becky Spencer/HOU/ECT@ECT, Linda J Simmons/HOU/ECT@ECT, Dina Snow/Corp/Enron@Enron, Twanda Sweet/HOU/ECT@ECT, Brenda Whitehead/HOU/ECT@ECT, Chaundra Woods/HOU/ECT@ECT, Reginald Shanks/HOU/ECT@ECT, Cheryl Nelson/NA/Enron@Enron, Eddie Daniels/NA/Enron@Enron cc: Subject: CPS BEAR Program I am on the Board of BEAR and sponsoring this effort. Please let Janette Elbertson know by e-mail if you are interested in donating your time to help staff the table in the lobby on Monday, December 18, from 10 a.m. to 2:00 p.m. Thank you. Help CPS Kids! Enron, KRBE and Sun and Ski Sports are collecting donations for Children,s Protective Services Be A Resource (BEAR) Program to purchase gifts this holiday season. Make your donation and receive a $10-off coupon for Sun and Ski Sports. Donations will be accepted in the Enron Building Lobby - Tuesday, December 12, Thursday, December 14 and Monday, December 18 from 10 a.m. to 2 p.m. or in EB407. KRBE Morning Show LIVE in Antioch Park Come out and show your support for the CPS BEAR collection Monday, December 18 when the 104 KRBE morning show,s Streets of America comes to Antioch Park. See you there from 6 a.m. to 9 a.m.
Looks like there is movement here on the working group. ---------------------- Forwarded by Jane Wilson/ENRON_DEVELOPMENT on 12/14/99 01:22 AM --------------------------- Jose Bestard 12/13/99 12:55 PM To: Jane Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Subject: Re: Full Unbundling of Distribution Companies in Argentina Jane. Memo to Mike. Jose ---------------------- Forwarded by Jose Bestard/ENRON_DEVELOPMENT on 12/13/99 12:54 PM --------------------------- Jose Bestard 12/13/99 10:59 AM To: James M Bannantine/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Diomedes Christodoulou/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Steven J Kean/HOU/EES@EES Subject: Re: Full Unbundling of Distribution Companies in Argentina FYI Jose ---------------------- Forwarded by Jose Bestard/ENRON_DEVELOPMENT on 12/13/99 10:57 AM --------------------------- Jose Bestard 12/10/99 09:45 PM To: Mike G Smith/ENRON_DEVELOPMENT cc: Michael Guerriero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ricky Lynn Waddell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, George Wasaff/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E Weidler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Re: Full Unbundling of Distribution Companies in Argentina Mike. This is one of the policy issues we need to reconcile, not only internally in our region but also because of contradictory policy positions in other regions as well. This is one of the Agenda Items in our regulatory plan for 2000. We will establish a working group to look at the issue and the final outcome will be a position statement of what Enron stands for. We know that our "flag themes" are competition and customer choices, but we need to be more concrete on situations that require a "close system" as a pre-condition for infrastructure development, and then a position of a migration approach or milestones to provide greater access and customer choice. The context is that there are substantial differences in the stage of market, regulatory, and infrastructure development in the regions and specific areas within the regions ; from "greenfield distribution development opportunity" in the southern states of Brazil, to a more mature situation in Argentina and elsewhere. We need to explore these differences and state what are we willing to defend. The answer "Brazil distribution system is close because it is in the Constitution or in the concessions contracts" is not very uplifting. The position "All distribution companies have to allow for full access of all customers to their selected supplier" does not address the practical issue of greenfield development. We need to develop a different answer. WE SHOULD NOT ASK OTHERS TO WORK UNDER RULES THAT WE WOULD NOT AGREE TO WORK UNDER!!! WE SHOULD MEAN WHAT WE SAY AND ACT AS WE SAY!!! In order to get an answer that would be accepted not only in our region but also globally; we need to explore this issue through a task force. The first task will be to draft a recommendation and later to have it reviewed by Executive Management. The key people in our region for this are: Business Units heads: Mike Guerriero, Rick Waddell/Orlando Pupin (George Wasaff and Pete Wielder do you want to get involved now?) Gas Regulation: Mike Smith, Guillermo Canovas Outside the Region: Jane Wilson, (I am soliciting other names to get a input of other experiences in the USA. I will have them later on). We need to plan for their time commitment. Mike Guerriero has a window of opportunity in Argentina because he is a new comer. In order to be productive and do it on a fast time table I would like you to organize the meetings and the inputs. Let's set a tentative target to get the draft out at the end of January . You need to consult with the other people, provide us with a propose plan and make sure we set aside the time and get the time commitment. Thanks Jose Mike G Smith 12/10/99 12:05 PM To: Michael Guerriero/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Ricky Lynn Waddell/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, George Wasaff/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Peter E Weidler/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Guillermo Canovas/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Gabrielle Bardet/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT Subject: Full Unbundling of Distribution Companies in Argentina Guys We should have a meeting to discuss the above topic. Mike Guerriero is proposing that the distribution companies in Argentina should fully unbundle, which would include that they get rid of the buying and selling of gas and that function would basically be borne by marketers. There are some other topics, but this is the one that needs to be discussed internally. I propose we have a meeting at 8am Houston time on Wednesday, December 15th which is an hour before the risk committee meetings starts. If you cannot be there, I would appreciate you sending a representative for you. This topic needs to be decided quickly so that a package can be put together for the higher end of the government ready to go at the first of the year. Gabby, could you get a call in number for everyone and distribute to everyone? thanks mike
fyi, rick ---------------------- Forwarded by Rick Buy/HOU/ECT on 12/19/2000 12:24 PM --------------------------- Mike Jordan 12/19/2000 10:02 AM To: Rick Buy/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT, David Port/Market Risk/Corp/Enron@ENRON cc: James New/LON/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT, John Paskin/LON/ECT@ECT, Brian Hudson/LON/ECT@ECT, Mark Pickering/LON/ECT@ECT, Fernley Dyson/LON/ECT@ECT, Sally Beck/HOU/ECT@ECT Subject: UK Submission of Positions Just to follow up on James's note of yesterday - my apologies for being out The elimination of the requirement to 'grab' the FX and IR market environment from Houston ( and consequently use European data ) can improve our ability to kick the overnight batch processing off earlier in the evening. James and I will be working with Brian Hudson to determine the timetable for effecting this change The revised batch start time would improve the opportunity to detect any system failure and complete a rerun of the valuation process so as to deliver completed results by the time the Risk Management team arrive at their desks in the morning. System failures are the most significant problem we face in delivering timely information to Houston. Consequently the probability of meeting current reporting deadlines would be greatly improved given that we will have full IT overnight support covering for any IT failure and curve input validation processes on trade date. Indeed given the successful completion of all overnight runs we are able to deliver Officialisation of all valuation systems and most spreadsheets ( David Hardy is in final testing of the Eastern spreadsheet feed ) by the 10 AM deadline ( Houston 4 AM ) Flash p&l by the 1PM deadline ( Houston 7AM ) Completion of the final DPR to be submitted to Houston by the 5 PM deadline ( Houston 11AM ) James and I are currently finalising a document reviewing all possible changes to business processes that could improve these times. This is in addition to working with Commercial and IT to assess the possibility of delivering significantly faster revaluation systems that could assist in delivering a trade date control process. I can confirm that there is significant work to do in this area, however, we are dedicated to meeting the objectives of improved/more real time control. Please feel free to call if the above requires any additional commentary. Regards Mike ---------------------- Forwarded by Mike Jordan/LON/ECT on 19/12/2000 15:06 --------------------------- James New 18/12/2000 09:10 To: Rick Buy/HOU/ECT@ECT cc: John Sherriff/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Fernley Dyson/LON/ECT@ECT, Mike Jordan/LON/ECT@ECT, Ted Murphy/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT Subject: UK Submission of Positions Rick, Thanks you for your note below. We are today implementing a flash P&L process. We aim to report daily numbers at 7am Houston time and will start today with the P&L. We will build on this and hope to have draft positions and VAR for most books within a week or so. There will be a reconciliation of flash to final numbers which will be included in our return to Houston. I will put together a note on the London DPR production process which goes into the process we currently have, the process we actually need to have, and the obstacles that are in the way. I would expect this to be finalised tomorrow. Obtaining the USD interest rate curve on a more timely basis is just one of our problems but it is unfortunately by no means our only or most serious problem. James From: Rick Buy 15/12/2000 21:59 To: John Sherriff/LON/ECT@ECT, Michael R Brown/LON/ECT@ECT, Mike Jordan/LON/ECT@ECT cc: Gary Hickerson/HOU/ECT@ECT, Ted Murphy/HOU/ECT@ECT Subject: UK Submission of Positions Need your help on the following: Each day we are delayed in finalising var, p&L and positions because the UK must wait for a USD interest rate curves before submitting their data to Houston. I am also told that it is really not necessary to wait for this curve and the data could be submitted close of business London. Even if there was some minor inaccuracy from this method it would be better than what we have now. This would greatly improve the efficiency (by 4 to 6 hours) in reporting to senior management. Can you guys initiate this change or get me to the right person there. Thanks, Rick
See message below. ---------------------- Forwarded by Rhonda L Denton/HOU/ECT on 02/23/2001 02:29 PM --------------------------- Rhonda L Denton 02/23/2001 01:52 PM To: Tim Belden/HOU/ECT@ECT, Dana Davis/HOU/ECT@ECT, Genia FitzGerald/HOU/ECT@ECT, Christi L Nicolay/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT, Gretchen Lotz/HOU/ECT@ECT, Dean Laurent/HOU/ECT@ECT, Cara Semperger/PDX/ECT@ECT, Christian Yoder/HOU/ECT@ECT, Jan M King/HOU/ECT@ECT, Mike Swerzbin/HOU/ECT@ECT, Mary Hain/HOU/ECT@ECT, Michael Etringer/HOU/ECT@ECT, John Malowney/HOU/ECT@ECT, Elizabeth Sager/HOU/ECT@ECT, Laura Jones/HOU/ECT@ECT, Corry Bentley/HOU/ECT@ECT, Matt Lorenz/HOU/ECT@ECT, Thresa A Allen/HOU/ECT@ECT, David Portz/HOU/ECT@ECT, Sharen Cason/HOU/ECT@ECT, Veronica Gonzalez/HOU/ECT@ECT, Kimberly Allen/HOU/ECT@ECT, William S Bradford/HOU/ECT@ECT, Debbie R Brackett/HOU/ECT@ECT, Christopher Smith/HOU/ECT@ECT, Brant Reves/HOU/ECT@ECT, Russell Diamond/HOU/ECT@ECT, John Suttle/HOU/ECT@ECT, Tanya Rohauer/HOU/ECT@ECT, Rod Nelson/HOU/ECT@ECT, Stephanie Piwetz/HOU/ECT@ECT, Tom Moran/HOU/ECT@ECT, Leslie Hansen/HOU/ECT@ECT, Russell T Kelley/HOU/ECT@ECT, Stewart Rosman/HOU/ECT@ECT, Holli Krebs/HOU/ECT@ECT, Paul Choi/SF/ECT@ECT, Chris H Foster/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Jeff Richter/HOU/ECT@ECT, Phillip Platter/HOU/ECT@ECT, Smith L Day/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, D Brett Hunsucker/HOU/ECT@ECT, John M Forney/HOU/ECT@ECT, Edward D Baughman/HOU/ECT@ECT, Kayne Coulter/HOU/ECT@ECT, John Kinser/HOU/ECT@ECT, Robert Benson/Corp/Enron@Enron, Larry Valderrama/HOU/ECT@ECT, Paul J Broderick/HOU/ECT@ECT, Edward Sacks/Corp/Enron@Enron, Janet H Moore/HOU/ECT@ECT, Janice R Moore/HOU/ECT@ECT, Shari Stack/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Jesse Bryson/HOU/ECT@ECT, Stanley Cocke/PDX/ECT@ECT, Michael M Driscoll/PDX/ECT@ECT, Doug Gilbert-Smith/Corp/Enron@ENRON, Kimberly Hundl/Corp/Enron@Enron, Joy Werner/Corp/Enron@ENRON, Elsie Lew/HOU/ECT@ECT, Amy Horton/Corp/Enron@ENRON, Kim Durham/HOU/ECT@ECT, Rhonda Robinson/HOU/ECT@ECT, Rudy Acevedo/HOU/ECT@ECT, Diana Allen/Corp/Enron@ENRON, Don Baughman/HOU/ECT@ECT, Lisa Burnett/Corp/Enron@Enron, Carla Hoffman/PDX/ECT@ECT, Mark Guzman/PDX/ECT@ECT, Larry F Campbell/NA/Enron@Enron, Mike Carson/Corp/Enron@Enron, Jason Choate/Corp/Enron@ENRON, Lawrence Clayton/Corp/Enron@Enron, Kevin Cline/Corp/Enron@Enron, Terri Clynes/HOU/ECT@ECT, Keith Comeaux/Corp/Enron@Enron, Karla Compean/HOU/ECT@ECT, Jason Crawford/Corp/Enron@Enron, Mike Curry/HOU/ECT@ECT, Oscar Dalton/HOU/ECT@ECT, Clint Dean/Corp/Enron@Enron, Todd DeCook/Corp/Enron@Enron, George Diaz/Corp/Enron@ENRON, Tom Dutta/HOU/ECT@ECT, Joe Errigo/Corp/Enron@Enron, David Fairley/HOU/ECT@ECT, Miguel L Garcia/NA/Enron@ENRON, Gerald Gilbert/HOU/ECT@ECT, Joe Gordon/Corp/Enron@Enron, Brent Hebert/HOU/ECT@ect, Juan Hernandez/Corp/Enron@ENRON, Jim Homco/HOU/ECT@ECT, George Hopley/HOU/ECT@ect, Richard Hrabal/HOU/ECT@ect, Rika Imai/NA/Enron@Enron, Alton Jackson/Corp/Enron@Enron, Larry Jester/Corp/Enron@ENRON, Gary Justice/NA/Enron@Enron, MICHAEL KELLY/ENRON@Gateway, Grace Kim/NA/Enron@Enron, Jeff King/Corp/Enron@Enron, Madhup Kumar/Corp/Enron@ENRON, Justin Laverell/Corp/Enron@ENRON, Chris Lenartowicz/Corp/Enron@ENRON, Peter Makkai/NA/Enron@Enron, Posey Martinez/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, Keller Mayeaux/Corp/Enron@Enron, Doug Miller/Corp/Enron@Enron, Jeffrey Miller/NA/Enron@Enron, Narsimha Misra/NA/Enron@Enron, Steve Olinde/Corp/Enron@Enron, Andy Pace/NA/Enron@Enron, Juan Padron/NA/Enron@Enron, Ricardo Perez/NA/Enron@Enron, Joseph Piotrowski/NA/Enron@Enron, Joe Quenet/NA/Enron@Enron, Bill Rust/HOU/ECT@ECT, David Ryan/Corp/Enron@ENRON, Eric Saibi/Corp/Enron@ENRON, Zachary Sampson/NA/Enron@ENRON, Anna Santucci/NA/Enron@Enron, Janelle Scheuer/HOU/ECT@ECT, Erik Serio/Corp/Enron@Enron, Doug Sewell/HOU/ECT@ECT, Robert Stalford/NA/Enron@Enron, Chad Starnes/Corp/Enron@Enron, Joe Stepenovitch/Corp/Enron@Enron, Mark Symms/Corp/Enron@ENRON, Paul D Thomas/NA/Enron@Enron, Greg Trefz/Corp/Enron@ENRON, Maria Valdes/Corp/Enron@Enron, Joseph Wagner/NA/Enron@Enron, Christopher Watts/NA/Enron@Enron, Lloyd Will/HOU/ECT@ECT, George Wood/Corp/Enron@Enron, Alex Wong/Corp/Enron@Enron, Tracy Ngo/PDX/ECT@ECT, Karen Lambert/HOU/ECT@ECT, Valarie Sabo/PDX/ECT@ECT, Fran Chang/PDX/ECT@ECT, Lisa Lees/HOU/ECT@ECT, Kate Symes/PDX/ECT@ECT, Audrey Cook/HOU/ECT@ECT, Stacey W White/HOU/ECT@ECT, Jenny Latham/HOU/ECT@ECT, Donald Wayne Vinson/HOU/ECT@ECT, Andrea Dahlke/NA/Enron@ENRON, Casey Evans/Corp/Enron@Enron, Jon Paul Lewis/HOU/ECT@ECT, Steve Gim/NA/Enron@Enron, Wendy Conwell/NA/Enron@ENRON, Monica Lande/PDX/ECT@ECT, Mark Confer/HOU/ECT@ECT, Benjamin Rogers/HOU/ECT@ECT, Kim S Theriot/HOU/ECT@ECT, Melissa Ann Murphy/HOU/ECT@ECT, Russell Ballato/NA/Enron@Enron, Richard Broussard/Corp/Enron@Enron, Chris Dorland/HOU/ECT@ECT, Claudia Guerra/NA/Enron@ENRON, Gautam Gupta/HOU/ECT@ECT, Patrick Hanse/HOU/ECT@ECT, Marcus Nettelton/NA/Enron@ENRON, Rogers Herndon/HOU/ECT@ect, John Llodra/Corp/Enron@ENRON, Mitch Robinson/Corp/Enron@Enron, Paul Schiavone/ENRON@enronXgate, Eric Smith/Contractor/Enron Communications@Enron Communications, Fletcher J Sturm/HOU/ECT@ECT, Clayton Vernon/Corp/Enron@ENRON, Kerri Thompson/Corp/Enron@Enron, Evelyn Metoyer/Corp/Enron@Enron, Dianna Scholtes cc: Subject: AXIA ENERGY, LP Entergy Power Marketing Corp. has assigned their EEI agreement to Axia Energy, LP. Entergy Power Marketing Corp. and Koch Energy Trading, Inc. will be inactivated in Enpower. They have merged to form AXIA.