Subject: "Investing advice".

Body: Mr. Lay, I am a current holder of Enron common stock. I would like your opinion. I am 61 years old. My first stock purchase was of my Enron stock earlier this year. ($38.65) I am not in the market for the short term. I am not spending money that will affect my standard of living. I am considering buying a couple of hundred shares of Enron stock. Do you think this purchase would be an investment that will grow in the long term or would it be a donation to Enron's creditors. Thank You.

Subject: "New CTPY Name - Sierra Pacific Industries".

Body: I've gone ahead and entered the counterparty name "Sierra Pacific Industries, Inc." in Chris Foster's deal #573679, in the interest of moving it along through the confirmation process. (The deal was done on 4/6 and flowed on 4/10.) I spoke with Bob Ellery (Sierra) yesterday and he seemed fine with the name we have in our system, although I'm sure he's not the final authority. Then I spoke with the Confirms group today and they were ready to get the deal off of their new deal report. So, since I haven't heard anything to the contrary, I changed the deal from it's "new counterparty" status. Please let me know if this presents a problem for any of you. Thanks,

Subject: "Incorporating comments from Rick Causey".

Body: Cathy: slight wording change from Rick Causey: add words at beginning of third sentence in italics and drop the phrase "on accounting issues and reporting earnings" at the end of that third sentence. Thanks. Clear as mud? --Sally

Subject: "Internet Sale".

Body:
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