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I probably should have picked your brain first, but I bought some stock today. I think the punding you guys have taken is getting a little carried away now. While there is uncertainty over Skilling leaving, I think your guys fundamental position is still excellent. Can't say I bought enough to help turn it around, but I hope there are others who feel as I do..................... Anything new going on? Pretty much the same ol here. Just about to go into my busy planning period, Sept-Nov, so not looking forward to that much. Kids are doing well and two of my three start pre-school next week, so mama is relieved. Take care, E Gerald.Nemec@enron.com 03/26/2001 10:14 AM To: Ernie J Zavaleta/Frito-Lay/US@Frito-Lay cc: Subject: Re: Any Plans tonight? Hey Ernie! Sorry I didn't get back with you Friday. I left a little early, so I must have just missed your message. Did you guys have a good time on Friday night? How is everything going? It has actually been thick around here. Worked several late nights last week to try and get caught up. I may have to delay the purchase of the new car with Enron's stock taking a hit lately. It did gain some points on Friday and early today. Hopefully it keeps it up. Talked to George since his wedding? Haven't heard anything out of him since. Probably just overcome by marital bliss. "Zavaleta, Ernie" <Ernie.J.Zavaleta@fri To: Gerald.Nemec@enron.com tolay.com> cc: Subject: Any Plans tonight? 03/23/2001 03:18 PM

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Enron Stock?