IN: The attached letter is being delivered this morning to the FERC commissioners. Since the letter concerns a matter currently pending before the commission it will also be served on the parties. We plan to talk to the press about it as well. A number of other companies and organizations are also submitting letters and we have helped prepare an EPSA filing which focusses specifically on California. Our best information at this point is that the FERC staff report regarding California is generally accurate, and therefore, favorable. While it will mention periodic exercises of market power, it is expected to lay blame for California's woes at the feet of California's own decisions about market structure. It is further expected that the report will not provide a basis for ordering refunds. On the other hand, the Commission's order (to be considered tomorrow along with the staff's report) is expected to at least put refunds on the table for comment and to discuss, and perhaps implement, further price caps. This is just our best guess at this point. the Commission has put special emphasis on putting the report and order under wraps until wednesday.

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OUT: Hoecker letter

IN: market_relations@nyiso.com writes to the NYISO_TECH_EXCHANGE Discussion List: Dear Market Participants, Administrative changes will be made to the NYISO web server computers on October 17, 2001. These changes will have no noticeable effects on performance or functionality, however, a short MIS outage is required. This outage will begin at approximately 11:35 AM and last for 60 minutes. If you have any questions, please call Customer Relations at 518-356-6060. Regards,

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OUT: NYISO - Software Release - October 17, 2001

IN: Get Connected with e-Statements. Sign up for Electronic Statements from Enron Federal Credit Union by November 15 to be entered into a contest to win a Palm Vx! Log on to www.enronfcu.com to apply or for more information.

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OUT: EFCU Gets You Connected

IN: Nick, Attached is the form of services agreement. The form is a little different than Steve Van Hooser's original form. This a form that we used in Wyoming which I modified to fit this context. I will prepare the tasking letter based on your scope of work and forward shortly. Let me know if you have any questions.

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OUT:
PCS Pro. Services Agreement