Problem: BODY: The information contained herein is based on sources that we believe to be reliable, but we do not represent that it is accurate or complete. Nothing contained herein should be considered as an offer to sell or a solicitation of an offer to buy any financial instruments discussed herein. Any opinions expressed herein are solely those of the author. As such, they may differ in material respects from those of, or expressed or published by on behalf of Carr Futures or its officers, directors, employees or affiliates. ? 2001 Carr Futures The charts are now in the most recent version of Adobe Acrobat 4.0 and they should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat Reader 4.0 may be downloaded for FREE from www.adobe.com. (See attached file: API.pdf) - API.pdf
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A: SUBJECT: API 11/27

Problem: BODY: Sally, some thoughts/ideas that I thought about after your meeting. Lets promote the positive - some very exciting things are happening such as the move to the new building, lets make sure we get the PR out there to talk about the new features, move in plans, etc. I know security is tight but how about a mini open house. At this point it would do us good to go beyond the "Building Guy". I know I get excited whenever I'm over there. Things like vendors in the lobby to push new technology etc. I believe it's important to keep that almost "electric" atmosphere that surrounds the company. Lets show our employees that our outside business relationships are as strong as ever and our vendors/business partners still view Enron as someone they are eager to continue doing business with. I always get charged up when the lobby is full of activity. Keeps the pulse of Enron at a high level. Get some fun things out there, things the employees can purchase, electronic devices are always attractive. Work out a decent discount to make it exciting. Give it a holiday twist. Even if it costs us a few bucks to make that happen might be worth it. Make a push to host more industry meetings (GISB is one that I can help with). Lets get our counterparties in here and let them know nothing has changed. We can include mini tours of the new building to get the word back on the street about how we might be down but boy are we poised to grow, grow and grow some more. I mentioned to you that I believe it's important for the Executive team to show up often to reassure our employees that yes there are real, caring people running this company. Maybe some impromptu floor meetings to talk about recent events. Let them feel like there is a real connection. Make it personal and regular. Thanks for listening, the sense from my group has been okay. Lots of concerns but nobody running out the door at this point. I'll keep you posted. Bob Superty
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A: SUBJECT: Suggestions to help short term morale

Problem: BODY: I am a Senior Legal Specialist in the ENA Legal Department, Financial Trading Group. I wasn't put on as a reviewer for Mike Neves, but I wanted to tell you what a good job he has been doing for our group. I am responsible for the databases in our group. During the past year we have had two major projects going on with respect to the databases our group uses. First, we have had a major upgrade to an existing database, the Master Swap Agreement Database (now called the Financial Trading Agreements Database). This upgrade including adding a number of new items within the database, as well as creating security on some of the confidential legal data maintained in the database, so the database could be opened company wide, while maintaining the secure legal information. Second, in response to the online trading system, we needed to immediately create a database to keep track of the Legal Department's approvals of the online counterparties. This need for this database came on quickly (as has everything associated with online trading! ), and having that data available enabled us to quickly respond to our client, the online trading group. Mike has done a wonderful job both upgrading our existing database and helping create the new online database. His quick turnaround, understanding of our needs, attention to detail (while at the same time remaining cheerful while we, as I'm sure other groups pressed him with deadlines) has helped us meet the needs of our clients. Mike continues to give us prompt attention when needed, and he is certainly a valuable asset to your team!
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A:
SUBJECT: Mike Neves Review