Subject: "Susan".

Body: Hi there,. It has been to long since we were in touch and you have been on my mind with all the bad news from Enron. How does this affect you and I guess I'm just wondering how you are doing. Write when you can and let me know what is happening. Things are fine here just getting settled in and beginning a new life in Nebraska. It really isn't too bad and in fact it is nice living close to my parents. They are a big help with the girls and I can do things for them that they are unable or too tired to do anymore. We are living at 97th and Fort who would have thought that I would buy a house in this neighborhood and be sending my daughters to the elementary school I attended! This is fine for now and hopefully we will get out of debt someday (after the fall of the golf shop) and feel like we have more choices. The Lord works in mysterious ways and remember that through all of this, things will be okay. We will be here for Christmas so if you guys are in town be sure to call (402)571-3687. Here is our address 9726 Ogden , Omaha, 68134. Susan

Subject: "Tiered Adjustment Bids".

Body: Group, We have developed a process for tiering our bids and should do so going forward. Please use appropriate dollar and mw values. Below is JUST an example. When tiering, the top numbers (mw values) must be monotonically increasing and the last two numbers on the bottom of your tier ($ values) must be the same.

Subject: "Portfolio/Charter Review".

Body: Guys, can you put together the folllowing Portfolio/Charter Review for Principal Investing and Energy Capital Resources: a) detail existing portfolio - winners/losers; additions/deletions and overall performance; b) detail market conditions in your markets and any strategy changes following; c) anticipated major transactions in 2001; and d) review charter and detail any proposed changes. I would anticipate that we sit down with Rick and Jeff at the end of January - please have package available for my review by mid January. Regards

Subject: "Additonal Information Concerning PG&E".

Body:
On a related note, I spoke to Vector concerning the equipment which was suggested for cleaning on the PG&E system. It is as follows: 2 scrubbers, some underground C/S piping, filter separator, horizontal tank, 2-10.84 drip locations The Vector proposal for mobilization, demobilizataion and cleaning the above PG&E equipment will be approx. $ 75, 000. I approached Vector about the pipeline cleaning between our M/S and their C/S. They quoted a turn key price of $34,000. Because this piping belongs to Transwestern, we should contract this cleaning ourselves. If the decision is made to address this cleaning, I think we would want to have it done during the same time period as the PG&E cleaning activities. I will also need some lead time to notify Vector and determine an appropriate methodology to be used. Vector apparently has an approved methodology for cleaning pipes to 36". One additional note, apparently PG&E has discovered PCBs in their gas compressors. In wipe samples taken of the internal compressors PCBs were found at regulated levels.....