Subject: "Trading Track - New participants (rotations assgined)".

Body: 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,

Subject: "Plans for 2001 Doorstep Reviews".

Body: Got your most recent message. Your observation is correct that the Enron Americas staff member on Shawn's team has not been involved to date with Doorstep reviews or planning. Although Shawn made an offer to Michelle some time ago, there was a long lead time for her arrival. She did not start with the company until after Thanksgiving. Since she started a couple of weeks ago, Wes and I have asked her to look into several specific findings from the most AA internal audit projects and to work with our staffs to provide some solutions to issues that were raised. There simply has not been the time to date to expose her to Doorstep. After Shawn and I meet (see below), I will briefly summarize for you the roles that all groups will play in the Doorstep Review process. Before we move forward I want to be sure that all parties agree on the purpose, methodology, participants and execution plan for this on-going project.

Subject: "Hello!".

Body: Hi Katie, Yes I am back in town. Sorry I wasn't able to return your email yesterday. It has just been crazy around here and I am leaving for San Antonio tommorrow and will be out the rest of the week for the Enron Legal Conference. It is going to be at La Cantera on the northwest side of SA. The place sounds pretty relaxing, so it should be fun. Back in Houston Friday late. Yea Denver was nice. Slight delay in the flight, but not due to weather. Just the usual airline misadventures. It was snowing pretty hard when I arrived. Kinda nice to be around some actual cold weather for a change. Worked all day Friday and stayed with some friends Sat. night. Wish I had time to go up to the mountains for skiing. So your not big on skiing huh? The first time I went I hated it, but as you get better it really becomes a lot of fun. Last time I went (last March) I tried snowboarding. It was a lot of work to learn a new snow sport. It was cool after I got the hang of it, except for dislocating my shoulder. Ouch! Sounds like ya'll had a good time at Northgate. I hate it when friends take you out and get you drunk. That seems to happen to me occasionally. OK more than occasionally. This time change does make for a rough week. I didn't wake up until 8:00 am for work on Monday. Just a little later for work than usual. Coming into Houston anytime soon? If you get a chance, I'd really like to take you to dinner sometime. Take care. Bye! Gerald

Subject: "NEW- East power phy spd (Associated vs Entergy)".

Body:
Casey , Please review the following spread product in TEST. US Pwr Phy Spd Assoc. vs Entergy Peak Jan-Dec02 USD/MWh (56639) Enpower TEST # 665072.1 EOL#1631957 #665073.1 EOL#1631958 Location: Location Name (exact as Data Manager): Associated vs Entergy Location long Description: see attached file Trader Name: Mike Carson Book Administrator: Casey Evans Risk book: LT-SPP (doesn't matter with spreads) Thanks,