IN: barkerde@nmenergy.com writes to the NYISO_TECH_EXCHANGE Discussion List: While being entertained at the latest OSS working group meeting, the limitation of being able to only schedule MIS 14 days in advance was brought up. Once upon a time, when business rules and bidding rules were changing faster then tires on pit row, it was agreed to limit the entries to 14 days in order to avoid having long term deals fail (as per nameless NYISO guy). Now that things have slowed down and bidders are more savvy and able to babysit their bids, we should be looking to expand the time frame for placing longer term bids in MIS. An informed NYISO guy (different guy by the way) said it would be easy and using 4-5 man days to do. I have talked to Ray Kinney (Chair of the S&P WG) and gave him the same song. If your shop would like to see the MIS limit lifted, have your representative to the S&P WG help it along. Please don't bother Ray directly or my TIE messages will rerouted to the Quilting Forum.

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OUT: MIS

IN: America West Lowers Fares for Travel Every Day America West has= responded to your request for lower, more flexible fares. Effective today= , America West is the one full-service airline that offers lower fares, goo= d for travel every day of the week. Additionally, you can purchase tickets= at lower fares without the traditional advance purchase and Saturday-night= stay requirements. This combination of lower fares and added flexibility = makes America West the right choice for all your air travel needs. W= hat does this mean to you? It's simple - lower, less restrictive fares, reg= ardless of when you make your reservation or travel. Below is an example = of how our new fares will save you money. Boston to Los Angeles PRE= VIOUS FARES Advance Purchase Minimum Stay Roundtrip Fare None None $2,564 7= days None $2,564 14 days Sat Night $991 NEW EVERY DAY FARES & SAVIN= GS Advance Purchase Minimum Stay Roundtrip Fare Savings None None $792 69% = 7 days None $692 73% 14 days 1 night $432 56% This is just one exampl= e. America West has new lower fares nationwide. Check online or call Ameri= ca West Reservations at 800-2FLY-AWA for our fares to your favorite destina= tion. You have received this message because you subscribed to the Surf= 'n Go messaging service at americawest.com. To unsubscribe to this servi= ce use the email address shown below. This email was sent to: sscott5@enro= n.com =09

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OUT: New! Lower Fares, Every Day

IN: Dear Mr. Kaminski, I was referred to you by Dr. Shi-Jie Deng of the Georgia Tech School of ISyE. He suggested I send my resume to you because of my interest in the Energy Industry. I will be receiving my master's degree in Quantitative and Computational Finance from Georgia Tech in December 2001. My academic background also includes a strong emphasis on research, Mathematics, and Physics.

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OUT: Internship

IN: Per Barbara's request, here's a summary of much of what I'm working on: Co Op City asset management arrangement: In this deal, Enron would build a small power generation facility for a housing co op in the Bronx, Co Op City. We would arrange for O & M services, supply the fuel (primarily gas), market their excess power, and, for the first 4 years, take 1/2 the offtake. We are currently working to structure the transaction to keep if off the balance sheet and maximize the mark. We are working on a term sheet, and I will be in NYC later this week to continue negotations with the customer. Mark Bernstein is the originator, Debbie Chance is the developer, and NEPCO Houston is involved. I discussed outside counsel with Jeff, and I would like to use John Klauberg at LeBeouf. Sell of two development projects in Illinois. Two of the sites we have developed (sans equipment) are up for sale, and Fred Mitro has contacted me about supporting the transaction. Lisa Mellencamp had previously contacted Bracewell about working on it, but I'm a little concerned about the amount of experience of the person they have designated. I've asked Clark Thompson for some information on his background. SW 501d - our claim against SWestinghouse, and possible sale of the equipment. We have issues with the vendor concerning the late delivery of this equipment. We are also trying to sell the equipment (a turbine/generator set) to Calpine. Fuel Cells - last year Enron made a $5million investment in Fuel Cells, a company which is developing an almost green form of power generation. We received contingent warrants which we can cash in if we arrange for 55 mw. We are working with an instrumentality of the state of Connecticut about them buying 26 megawatts. We are working on the purchase agreement with FC, and the project development agreement with the State. It is quiet right now, as funding is figured out. There's TurboPark maintenance stuff which pops up weekly. GE - Sheila and I have a weekly phone conference with GE to work on a standard contract for buying turbines. I've heard a rumor that we will be buying some more, although neither Sheila nor I have been contacted yet. I think this is a fair summary of the big ticket items. Kay

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OUT:
Update on what I'm working on.