IN: This is an email
Don... Chuck updated me on the status of our discussions re. trading and creating a TradersNews Energy product on EOL. I fully understand that corporately, you have a lot on your plate right now and we will be patient. I would like to meet with you in a few weeks when the dust settles a bit. I do have a one quick question.... My sources indicate that Enron has agreed to place a Megawatt-Daily Cinergy Hourly product on EOL within 2 weeks. Is this a true statement?

What is the subject?

OUT: Hang in There!

IN: This is an email
Julia sent me a copy of your memo following up on one of the questions asked at the session earlier this week. I would like to ask a follow-up question: Do we lose the benefit of the special treatment under the bankruptcy code when we enter into cross-product (i.e. physical and financial products) netting and joint credit support arrangements. If we agree with a counterparty to net all of our trading exposures under multiple agreements (swap agreements and gas, power, steel, coal, etc. trading agreements) to determine how much credit support should be posted and then only ask for a single LC that supports the whole shebang, do we lose this protection since arguably we are no longer just "under a swap agreement?"

What is the subject?

OUT: Letters of Credit; Preference; Swap Transactions

IN: This is an email
Jay: We sent this master for execution on May 1, 2001 and the counterparty just responded to John with some comments. Only one comment is credit related: LPC does not want to pay default interest as per the ISDA agreement. LPC does not want interest compounded daily. What is your position? I have made all other changes or given LPC an explanation.

What is the subject?

OUT:
Louisiana-Pacific Corporation ("LPC")