Adding to Kristin's update, here's the summary of a meeting that just occured with Assembly leadership staff and industry on the Assembly's latest version of an "Edison MOU": The Speaker's staffer said that if he had to bet at this time, he would bet that the Assembly would not convene on Friday. He also said that, if it doesn't happen on Friday, nothing will happen until they get back from recess on the 20th of August. The Assembly will let folks know by tonight or first thing tomorrow whether they intend to move forward with a vote on Friday or recess. From the most recent proposal released today by the Assembly leadership, it appears that the centrist Democrats are prevailing. The proposal: Retains Direct Access (though they said that they are continuing to be pressured by the Treasurer, who wants DA suspended due to the bond issuance) Places 80% of Edison's past debt with large customers (leaving 20% with small customers, which business customers or strenuously opposing). Eliminates all references to any purchase, or option to purchase, Edison's transmission. (They said there simply ain't the votes to buy, or consider buying, Edison's transmission in the Assembly) Maintains the Senate provision, which would pay the banks, pay the QFs, but place with Edison the risk of figuring out how to pay the $1billion owed to suppliers. (Even the munis are begining to complain about those provisions.) Creates a tradeable, renewable portfolio standard (conceptually similar to the one created in Texas). The new bill is created by 1) amending SB78 and 2) gutting a different bill passed from the Senate to the Assembly, SB39, and replacing it with the new version of 82XX. The two would go together to create the Assembly's newest proposal. If this bill gets voted out of the Assembly, it will likely have a difficult time getting the votes necessary to pass in the Senate, since the Senate has considered and rejected several provisions currently included in the Assembly version. Will report back on whether the Assembly's going forward or adjourning for recess as soon as we hear. Best,
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answer: California Update 7/25/01----Meeting w/Assembly on Its Latest Version of Edison MOU
Hi. We can get a computer hook up through Time Warner for $15 month. Could you ask John if he likes it? Can it be installed anywhere in the house? Thanks,
Answer: ClickAtHome ISP Ordering is Here!
Here is an email: LLoyd Will and Kim Melodick have requested your help in identifying what YOU feel it takes to be successful within each functional unit of East Power. This feedback will be used to create a recruiting, retention and development tool that will assist East Power in identifying the skills and training that are key to your group's success. Please take some time to answer the attached four questions as they relate to your area. Your participation and cooperation is greatly appreciated. Sarah Zarkowsky x53791 Ben Brasseaux x58747 Meliza Evanson x57855 Enron North America Human Resources
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A: Sorry - correction on question # 4
Q: Tana: Mike E. Kelly (mid market power) would like access to the database. Would you please request? Maybe some of the other power traders are interested. Thanks. Sara
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A: lotus notes read-only access
IN: Who's ready to rhumba? Crystal Ballroom holds salsa classes on the first Tuesday of every month. The hour-long class begins at 7p.m., with live music and dancing afterward. Cost is $8 for the whole evening. The other Tuesdays of the month have live music and dancing, no class unfortunately. Anyway, I'm sure it won't take us more than an hour to become master Latin dancers on par with Ricky Martin and Christina Aguilera. Do you want to try it out? Next class is Feb. 6. Mark your calendars and tell all your coordinated (and/or good-looking) friends to come along. Kate "Viva bailar"* Symes *Does this mean "live dance" or "dance lives" or "my friend Viva likes the way you dance" or none of the above?

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OUT: Salsa Madness!
IN: This is an email
Kenny - I picked up your voice mail. Apologies if this is not timely as I've been out this week. So, you may have already gotten this same info and update from Mike, but here goes. I understand that you are really wanting a push to get this deal done asap. Mike and I feel the same way as we still are very supportive of the deal and recognize the impact on momentum that extended contract negotiations can have. I would like to manage your expectations on the timing, though. As you know, we visited with Enron legal for the first time on Monday, May 21. At the end of the meeting, Enron took the to-do to cycle edits based on our commercial and business principle discussions. We received the revised contract on Monday, June 4. Realistically speaking, the contract has been rewritten. We are hopeful that the business and commercial terms that have been agreed upon are still in tact, but regardless, the new document will take us some time to digest, reflect, and comment. Mike, Mark, and Brian are reviewing the contract in detail today and tomorrow. You and I should expect to receive their summary comments and feedback early next week. When I have gotten them, I will call to schedule review time with you as well. Thanks,

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OUT:
TSH Contract