QUESTION: In preparation for the upcoming move to Enron Center South we are moving your Home Directories to a new trading cluster. WHAT YOU NEED TO DO: This will occur for you this EVENING after 6PM. We will need to restart your computer in order to complete this action. Please log out or your computer by 6PM, if the machine is not logged off we will reboot the machine in order to complete these actions. Save your data before going home this evening. If you have outstanding circumstances that we should address, please reply to this e-mail and we will change our schedule accordingly. HERE ARE A FEW OF THE BENEFITS OF THIS ACTION: Newer, more stable environment More disk space available for common data Faster network connections HOW THIS WILL EFFECT YOU: If you are a laptop user and have to work at home, you should save any work to your 'C:' drive on the laptop. DO NOT use the "My Documents" folder. When you return to work and reconnect to the network, any changes made to files/folders in the "My Documents" folder may be deleted from the laptop. Laptops reconnecting to the network for the first time will receive a synchronization error. RESOLUTION: Please call the Resolution Center (x3-1411) and they will correct the problem ASAP. We will have additional Technicians available on the floor if the Resolution Center has any problems.
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ANS: IMPORTANT! Actions this evening.

QUESTION: Jay- HSBC has responded to legal with comments on the NDA. They are requesting that the term of the NDA be one year instead of our standard two years. We intend on discussing a private e-marketplace and possibly f/x posting. They would like to see the standard demo for the discussion around the private e-marketplace. What is your position on their NDA request considering what they will see in the demo?
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ANS: HSBC Confidentiality

QUESTION: John, I am writing to you regarding the management of the London Research group. As you know, Dale Surbey, who was managing the London unit of the Research Group, is moving to EBS. Dale did a terrific job helping me to develop the pool of talent we have currently in London. Given that Dale is likely to be transfered to Houston, it's time to nominate one member of the Research Group for a management position. My recommendation is Steve Leppard. Steve emerged not only as the most technically qualified member of the group but also as a natural leader, highly respected by his peers and internal customers. Steve has a very high energy level and is very efficient as a manager and as coach of new talent. His promotion is likely to cause Anjam's departure form Enron. I value technical skills of Anjam, but in spite of my loyalty to him, don't think he is the same caliber as Steve. However, I would not like to lose him and think about moving him to Houston for 2 years. I think that the opportunity to work in Houston, would be a sufficient incentive to keep him in Enron. By the way, his performance feedback has greatly improved. Please, let me know what you think. Vince
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ANS:
London Research Group