QUESTION: Today's simulation has been postponed to next Wednesday. Unfortunately, they have not yet opened the system to the entire web - you have to be on the Enron intranet to get access. If you want to see it badly enough, I might be able to arrange something for you in our NY office (midtown) otherwise I'll let you know when they roll it out onto the web. Mark
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ANS: EOL Simulation

QUESTION: Patricia: Frank forwarded to em your chnages to the ETA Agreement and here is our response: 1. I would like to discuss with you your chnages to Sections 1 and 2 (a). 2. We cannot accept the chnages that were made to section 2(b). Any confidential info that you give us will be subject to the confidentiality provisions of the ETA. 3. We cannot accept the first deletion in Section 3(a) and with respect to the remaining deletions in Section 3(a) and the deletions in Section 3(d), I just want to make sure that we both understand how this will work in the vent that you want to trade a product on the website and there is no Master in place. Please call me at your convenience.
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ANS: ETA Agreement

QUESTION: Phyllis: I spoke with Ed sacks, our credit person, about the form of LC that your credit person circulated. We both agreed that the LC form for the EEI Master and the ISDA needs to be the form that we attached to the drafts that have been sent to you given that the drawing conditions match the LC language that is in each Master. Please talk to your credit person about this and let me know if this is okay.
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ANS:
Form of Letter of Credit