IN: All, The attached spreadsheet outlines the rotations for the internal new hires to the Trading Track. I will be meeting with the new TT A&A tomorrow, and subject to them signing all associated documentation, they will join the Track immediately. Let me know if you have any questions with respect to the rotations outlined and we can make the appropriate changes as we move forward. Thanks,

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OUT: Trading Track - New participants (rotations assgined)

IN: Congratulations Adam, and welcome to ETS to both of you!! You guys may not have heard this, but Mike Moran is retiring and I'm taking over for him as general counsel of the ETS organization. Does this all mean that I'm your lawyer again just like in the old Zond days??? Weird. Good luck and best wishes! DF

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OUT: Enron Wind

IN: Bill, please coordinate TW's response to the questions set forth in the Order. We probably ought to think about how we communicate with USGT regarding responses. I plan to talk with Mary Kay and Kilmer regarding regulatory support. Although I don't want to get involved with a territory dispute, I think it would be smart for MKM's group to handle for consistency. That's going to be my recommendation to them. Thanks again for your help yesterday. Greg

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OUT: RP97-288-17

IN: Hey guys, I'm wondering if either of you can locate transaction diagrams for these projects. I can't locate any of the ECS working files (don't know what Hilgert did relative to the move). Let me know, mk

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OUT:
Kachina, Bisti and Bloomfield info