Subject: "HAN Opportunity-SnapStream Media:".

Body: Houston Angel Network members: HTC is pleased to present SnapStream Media to the Houston Angel Network. For additional information, please contact Rakesh Agrawal, CEO, Co-founder of SnapStream Media. In addition, I have attached the summary as a Word document for those of you who have requested it. As always, your feedback is greatly appreciated. Best regards,

Subject: "Enron Elves Update".

Body: Hello all! Thanks again to everyone who participated in our Enron Elves Event! We were able to provide each family a number of gifts for the children as well as a gift certificate to Fred Meyer. We will be holding the drawing for the Blazer tickets next Monday (January 7th), when more employees are likely to be present. For your reference, here is some additional information about the games: Package 1: Blazers vs. Cleveland Cavaliers Sunday, January 13th - 7:00 pm 4 tickets in the lower level, parking included Package 2: Blazers vs. Minnesota Timberwolves Wednesday, March 6th - 7:00 pm 4 tickets in the lower level, parking included If you donated money or a gift and were not able to enter your name into the drawing, please us know--we would be more than happy to add your name.

Subject: "New Books - Natural Gas".

Body: Attached you will find the new books that have been set up for UBS Energy. There are some books that do not have a trader name attached. These books will be inactive until a trader is assigned at a later date. Please let me know if you have any questions. John

Subject: "Phone Calls w/Large Customers re: Core/Noncore Proposal".

Body:
I've had several phone calls with large customer groups over the past 24-hours, mostly explaining our noncore/core proposal (in contrast to the one that the Assembly Democrats have launched which would saddle business with 100% of the utilities' past debts). As folks know, the cost shift provision of the Dems plans have been erroneously attributed to us in some cases. The business folks have been very appreciative of the discussions and have recognized that, generally, our proposal is a fair and reasonable one. They are going to try to set up direct negotiations with Hertzberg and have requested that I be part of those negotiations. They are not sure that Hertzberg will go along with the idea, but they're going to try. They will get back to me when they find out. I'll report back soon as I hear something.