IN: Laurie: My info is below. I'll call you at 2 pm Houston (3 pm NY) to discuss the ISDA which we'll email shortly. Please feel free to call before then. Thanks.

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OUT: Merrill/Allegheny transaction
IN: This is an email
We know you have questions about recent events impacting Enron and our plans for the future. Ongoing investigations and pending litigation have made it difficult, if not impossible, to share information in a timely manner. While we can't address certain issues, we can tell you about our initial plans to move Enron forward and emerge from bankruptcy, and we are eager to do that. We had planned to hold an all-employee meeting tomorrow, January 23, at the Hyatt Regency. However, we don't want to subject you to the media frenzy that would certainly surround such a meeting, so we've decided to postpone it. We are currently making arrangements to hold a series of employee meetings within the building to protect your privacy. We will provide the date and times to you as soon as the logistics for those meetings are finalized. Prior to the employee meetings, we will provide an overview of Enron's new organizational structure. You can expect that memo shortly.

What is the subject?

OUT: Employee Meeting Postponed
QUESTION: Stacy, Kevin Ruscitti has requested a secondary firm ANR ML7 phy gas product for EOL. I have located some language that you and Dale worked on back in May of 2000. Please let me know if this language will be OK for our needs. Also, will the current GTC for Phy gas need to be revised in any way? Thanks,
Propose a subject line for this email?
ANS: Secondary firm delivery
Caminus Training in December 2001 You are invited to attend 2 training programs that will take place in the New York office next month. The cost for each program is $960 per day. Space is limited so please sign up quickly by sending an email to training@caminus.com. A description of each of these courses is attached. Monday, December 3 Zai*Net Importer/Publisher - Using XML to move data in and out of Zai*Net in real time. Monday-Wednesday, Dec. 10-12 Zai*Net Overview and Report Writing - Comprehensive overview of the system for first-time users. If you have any questions, please feel free to contact me. We will be announcing our 2002 training schedule shortly so any ideas/feedback would be greatly appreciated at this time. Regards,
Q: What is a potential subject line for this email?
answer: Training at Caminus in December
Janelle and Tom: Ed Sacks and I need to speak with you in the a.m. about a few issues. I have questions about market disruption because Con Ed has asked: (1) that Market Quotation apply rather than Loss (in the event of Early Termination) Is this a very liquid market? ENA agrees to market quotation only for FX and short term deals in liquid markets (e.g., gas) (2) to jointly determine when a Market Disruption has occurred (after consultation) Usually ENA as the Calculation Agent makes this determination in good faith. (3) to identify two brokers/pricing platforms for purposes of determining the daily MTM Each party typically assesses its own MTM for valuation purposes (whether for collateral calls or termination, etc.). Sounds like Ed and I need to know what was said to Con Ed about marking (4) I think Con Ed was headed in the direction of asking that we each provide dealer quotes (rather than ENA coming up with two quotes in good faith) as a Disruption Fallback. Tom, I think we discussed this in a different situation. Ed and I agreed to conference at 10 am Houston time to discuss these and the draft docs (which were e-mailed to you).
Answer: Consolidated Edison Company of New York, Inc.
Q: Steve, Sorry I missed you yesterday. There is a lot going on here and in S America and we can probably discuss it next week. I agree with your assessment of and the need to clarify roles and implement the business plan. We will address all but there are some things going on that make it appropriate to wait a little. If you have any questions you can address them with Joe but I would wait and keep moving forward on your daily business and projects. I like the plan and we will discuss my comments next week. Thanks,
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A:
voicemail