Subject: "Enpower".

Body: The Enpower Database is down. I have been speaking to Houston and they are estimating 20 minutes before it is back up. As soon as it comes back I will let you know. Michael S. Tully Trade Floor Support, Portland (503)464-7790 Desk (503)807-7862 Cell michael.tully@enron.com He who runs behind car, often get exhausted.

Subject: "opec basket of crude".

Body: The information contained herein is based on sources that we believe to be reliable, but we do not represent that it is accurate or complete. Nothing contained herein should be considered as an offer to sell or a solicitation of an offer to buy any financial instruments discussed herein. Any opinions expressed herein are solely those of the author. As such, they may differ in material respects from those of, or expressed or published by on behalf of Carr Futures or its officers, directors, employees or affiliates. ? 2001 Carr Futures The charts are now in the most recent version of Adobe Acrobat 4.0 and they should print clearly from Adobe Acrobat Reader 3.0 or higher. Adobe Acrobat Reader 4.0 may be downloaded for FREE from www.adobe.com. (See attached file: opec.pdf) - opec.pdf

Subject: "swapco structure".

Body: I am attaching a structure chart showing what we think would be the best alternative for the swapco transaction (if necessary). This structure would require ESVL Corp. to obtain a FERC Power Marketing Certificate and would be the actual operating entity. We are also indifferent if instead of the corporation we use another LLC as the operating company below ERMT LLC. Let me know when you will be available this afternoon to discuss the attached and the required documentation. It is in Visio format, so if you can't open it, let me know and I can fax it to you if you give me a confidential fax number. Thanks.

Subject: "Class Registration".

Body:
Greetings TJ: Well I'm in a pickle. The memo you sent said we had from 11:30 AM to 10:00PM on 4.19, and from 7 AM to 9 AM on 4.20. But the documentation I received from Telebears said from 1 PM on 4.19 to 1 PM on 4.20. All that aside, I have obviously missed the times, it's my fault, and I apologize. I spoke with Diane this morning and she suggested that I throw myself at the mercy of the court by writing you an email with my picks. Here they are: