This is the content of an email: Mr. Skilling- Here are a few questions I would like to submit before your floor meeting on the 32nd floor Wednesday. 1.) Enron seems to be taking a new approach to their business by taking assets off the books and looking for new opportunities as a market maker in new markets. Is Enron going to be just a trading company? 2.) If Enron is just a trading company our earnings could be quite volatile. How could this affect our stock price? Will Wall Street be prepared to accept more volatile earnings? 3.) Volume on EOL seems to be decreasing since the middle of the year and new platforms are being introduced into the market place. Is this going to have a negative effect on Enron's stock price? 4.) What are some of the new markets Enron plans to explore in the near future? 5.) Is Broadband coming along as quickly as Wall St. expects and how much of our stock price is based on broadband? I hope these questions are in line with some of the issues you wish to discuss and I look foward to hearing you speak tomorrow. Sincerely,

Subject: Floor Meeting Questions

This is the content of an email: On Monday August 6, about 75 new full-time Associates will be starting their careers at Enron. Attached is a schedule of Orientation Topics, as well as an invitation to welcome these Associates at a Happy Hour Monday evening. It would be great if you could stop by, even for just a few minutes, to welcome them to the company. For your convenience, the Happy Hour is at Farrago, which is less than 6 blocks from the Enron Building. Members of the Program regularly tell us that senior level interaction is an area that we can improve on, so your participation in events like this very important. An RSVP is not required, but if you plan to attend, please let us know so we can prepare a name tag for you. Feel free to extend this invitation to other senior members of your team. As always, we appreciate your continued support of The Program. Regards,

Subject: Full-Time Associate Orientation - Happy Hour

This is the content of an email: David Doot left me a message that he had not heard back and he was expecting our proposal yesterday (which we had not told him). He also said that the bonding company was "rumbling" that it was not going to pay. I do not know what their obligation is to pay, but I would think that "rumbling" is not default, yet. Jim S. is going to call David Doot back this afternoon.

Subject: NE ISO call from Doot

This is the content of an email: Best of luck. You've got a tough job. Guess you'll be working that much harder now that John Stevens is on his way to San Francisco. At last week's meeting, a request was made for peak and off peak prices. I've attached prices that we filed yesterday at FERC as part of its on-going proceeding of forward contracts. Few comments: We'd appreciate it if you could keep the information confidential, particularly since the information is covered by FERC's confidentiality provisions. Since we are not a "generator," we buy and sell in the market, which as you know is currently very volatile. Consequently, the quotes that we provide customers change daily to reflect changing market prices. These prices were put together and filed yesterday, but you may have heard that prices were down today. So quotes we made today were lower. And quotes we makes tomorrow will reflect tomorrow's market conditions and will likely be different from today's. Because these quotes were assembled yesterday, they are only "indicative." That is, if someone wanted to buy these products today, we'd have to recalculate prices, because the quotes established yesterday are no longer valid (for the reasons I mentioned above). Hope this helps. If you have any questions, let me know. Best,
Subject: Pricing Information