IN: All - It is with no surprise (I've only known I was leaving for 6 months now!) and yet still with a heavy heart that I wish you all farewell and the best for the future. I am in my last week here at the Lazy E and I am getting around the part that I dreaded the most - goodbyes. I have and will be sending notes to most of the people I have worked with over the past 3 1/2 years (whether they like it or not), but you are the folks I have learned the most from and will miss the most painfully. It's hard to believe the roller coaster we have been on - both the ups and downs - and I don't think it would have been as manageable, tolerable, or fun without you. I really have had more fun in this job than I could ever have imagined coming in. Everyone has been a great friend and mentor, and I will always appreciate the time you have spent with me, indulged my questions, put up with my wandering attentions, and made sure I got home safely in a clean cab... Unfortunately I am sure there will probably be more "good bye" emails to come your way over the next few weeks, so I'll keep this brief and close for now. But I hope for the absolute best for all of you and your families, and do not underestimate the impact you have had on me or the high esteem I hold you in. Best regards, Scott Our home info (in case anyone wants to play "six degrees of Kevin Bacon," debate the witticisms of Dorothy Parker and Redd Foxx, or just keep in touch)

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OUT: Farewell

IN: Attached is the strawman. Note that the Sheet 2--drops participation to bare essentials. Sheet 3 assumes a 40% budget cut from Sheet 1. The deleted actions are different in Sheet 2 and Sheet 3.

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OUT: Budget Spreadsheet

IN: For those of you that would like to do SCR Event Reporting electronically, a Word Version of Attachment K, Figure 2, is attached. It will also be posted on the NYISO website in the ICAP Market area. (See attached file: SCROperDataForm.doc) - SCROperDataForm.doc

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OUT: SCR Event Reporting

IN: Before my next meeting with the Tozzini lawyers this month, I would like to create a list of SPECIFIC products for managing Enron's Brazilian risk. Bruce Harris is creating a list which he will forward to you shortly. Please review this list, comment and identify any products required for trading prior to December 31, 1999. Please let me hear from you if you would like to discuss any issues in particular. Thanks. Sara

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OUT:
Financial Trading in Brazil