This is the content of an email: Greetings: Hope everyone had a pleasant 4th. I've read the respective Burton and Hertzberg language on amending AB 1X. The Burton language looks cleaner and simpler, though there may be reasons to include some of the Hertzberg language, too. I'm proposing to the group the following as potential amendments to the bond bill. I would appreciate your feedback. The amendments would be as follows: Customers who were on Direct Access when DWR started buying power (Jan. 17th? ), and are still on Direct Access when the bill passes, should be exempt from paying for the bonds. In short, customers should not be forced to pay for power twice--once from

Subject: Bond Leg Language, etc.

This is the content of an email: Eric, I am afraid I have not made that much progress on my assignment. I talked to ML Ruffer about the $1.2M basis swap. She does not specifically know about the deal, but does know she gave between $1M and $2M to the West desk out of a reserve behind the scenes. I don't know for sure, but this has to be how the $ got in the West P&L. It is booked on 11/12/99 which is between EC3952.P (the annuity getting the unamortized $27M into the West desk) and EC3952.S (the annuity getting the $5M from Corp into the West desk). I hadn't paid attention until just now, but Suzette Emmons booked the deal. She ran the transport book at that time. The physical buys from Canada (EC2208.11, EC3952.15, and EC3952.11) are booked correctly in Sitara. EC3952.11 was changed by Kathy Reeves from ending in '08 to ending in '01 on 4/4/00. However, the end date remains '08 in Sitara. I don't know why the term was changed. I have meetings almost all day. I will still try and investigate, but I know you were looking for some answers today. You may want to try and get in touch with Suzette and see if she remembers the basis swaps. DG 3-9573

Subject: Status

This is the content of an email: I would like to sign up for the following presentations: (1) Power Marketing - Structuring Power Transactions on November 10 and 11 (2) Fundamentals of Corporate Finance on December 2 Please let me know. Thanks. Sara

Subject: "Ernie" seminars

This is the content of an email: Dear Mentors: The Houston Technology Center would like to invite you to attend the Mentor Network Breakfast during which we will introduce a selection of our newest companies. After the introductions, the Mentors and the companies will be allowed time to network and to find appropriate "mentor connections." The Mentor breakfast has been rescheduled and will be held on Tuesday, September 25, 2001, at the Briar Club, 2603 Timmons from 7:00 a.m. - 9:00 a.m. The cost of the event is $15, no cash will be accepted at the door. Please register online at: Http://www.houstontech.org/calendar/caldetail.asp?ID=149&DATE=9/25/2001 AGENDA 7:00-7:30 Registration 7:30-8:30 Breakfast/Introduction to Candidate Companies 8:30-9:00 Wrap-up/Networking I look forward to a great turnout! Sincerely,
Subject: Mentor Network Breakfast meeting - Tuesday, 09.25.01