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Jay: In my travels looking for index 2 ways in the various rockies term markets you need I am running into several issues. First off, as you are aware, these markets don't tend to change much from day to day especially for the more obscure points and longer dated periods. Secondly, the time of year being the holidays is keeping most traders focused on Jan, Jan-Mar and April-Oct02 for the most part. Getting traders to show numbers beyond that, much less getting them to do it every day is not productive or practical. I suggest we keep in touch as we always do on a daily basis and I will pass on whatever we pick up in the market. However, attempting to refresh 2-5 year index markets on a daily basis isn't going to yield much in the way of "new" news. I look forward to seeing your shop get back on its feet down the road and to working with you. Thanks, Jim Kornmann - DataLine Energy

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OUT: Rockies Term Markets

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Dear Keith, What's more romantic than travel? Valentine's day is coming and that means it's time to start planning a getaway with your sweetie. Travelocity has a ton of great deals to help make your travel fantasy a reality. Save with unprecedented low fares like Caribbean Cruises for $279, New York luxury hotels for $130 per night, and Vegas weekends for as little as $33! So go ahead--book that escape now. And still have enough left

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OUT: Real Deals From Travelocity.com

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With the Dynegy announcement on November 9th, the U.S Trustee's office removed Enron from the PG&E Official Unsecured Creditor's Committee. Dynegy is already on the Committee. Important hearings in the PG&E bankruptcy are scheduled for December. These hearings should begin to vet the issue of preemption, or the ability of the federal bankruptcy court to preempt state law under the bankruptcy code, thus freezing out the CPUC from ruling on the transfer of PG&E's generating assets to FERC jurisdiction. We continue settlement discussions PG & E. Including offsets in our trading contracts, our net nominal exposure to PG&E is $511 million. The claim is disputed primarily due to the pending FERC refund case. In initial discussions, Enron offered a $85 million discount. PG&E has countered with a $237 million discount, a $152 million gap. We are meeting with the company in an attempt to narrow the difference. Southern California Edison (SCE) has broken off settlement negotiations. The are forwarding a position that the Direct Access customers should pay a share of the IOU's undercollection, even though many Direct Access customers were sourcing their power via ESP's at that time. Enron Government Affairs believes that the CPUC is behind SCE's position. This regulatory scheme would have Enron owing SCE money on a net basis. The Power Exchange (PX) Bankruptcy continues. Enron has taken a visible role on the PC Official Unsecured Creditors Committee. A liquidating plan in the bankruptcy should be filed shortly.

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OUT:
California slide for BOD package