Dear Team, Attached is the updated price forecasts of the forest products commodities. Following analyst's forecasts have been updated: BMO Nesbitt Burns CIBC World Markets CSFB Salman Partners If you have any questions, please let me know. Thanks,
Q: What is a potential subject line for this email?
answer: Price Forecast Update
Records indicate that there are a significant number of employees who have yet to have a drug test. Here are the details of the locations in Houston, Portland and other locations. Please attend one as soon as possible to avoid delays in your your onboarding and payroll processing. HR
Answer: Urgent - Drugs Test Reminder
Here is an email: Jim: As we have discussed, ENA is trying to close a gas supply transaction with Citizens Gas in Arizona to provide gas supply to Citizens for ultimate delivery to PP&L for the Griffith power plant. As part of this transaction, Enron Asset Management Resources (EAMR) would provide services to operate a pipeline that interconnects El Paso and Transwestern to the pipeline header system that ultimately interconnects with the Griffith power plant. To date, it has been the reasonable position of EAMR that its liability for services provided to Citizens should be "capped" at the sum of its annual fee of $144,000. Citizens wants a $1,000,000 limit. Citizens and EAMR have agreed to all aspects of the services deal except this liability question. Although it might be possible to close our gas deal without EAMR, this is far from certain. I have been trying to come up with an approach that would bridge this gap so that the ENA gas deal can be closed. This e-mail is intended to indicate the value of this transaction to Enron and get your viewpoint as to the feasibility and cost of one of two deal structures: 1) ENA buys insurance to cover the cost of our buying a policy to bridge th gap in liability from $144,000 to $1,000,000. 2) EAMR decides to increase the laibiltiy to $1,000,000 in return for increasing their earnings on the deal by the amount ENA would pay fior the insurance product - about $120,000. ENA's preference is clearly for approach 2. The attached spreadsheet indicates the value of this transaction to Enron. ENA will earn approximately $3 million on the deal. Please keep this number in confidence. In addition, we have budgeted about $120,000 for the insurance product to increase the liability of EAMR from $140,000 to $1,000,000. Can you please advise me as to the feasibility of 1) or 2) above? If there is no way we are going to get there, I need to know fairly quickly so I can explore other options. If it is possible, which of the above 2 approaches is better from you perspective? Citizens will be here today at 3:00 pm. I would greatly appreciate some feedback from you by that time. To contact me please call Kim Ward at 713/853-0685 and she will be able to find me. Thanks very much for you time. Chris
What is a potential subject line for this email?
A: Citizen's Gas/Enron Transaction in Arizon
Q: Ken, Attached is the revised draft we discussed. The letter is ready to send from my perspective. Please review and let me know if you have any questions.
Propose a subject line
A: Wildhorse Letter (Dakota)
IN: Attached is the Transwestern balance sheet based on the 7th work day g/l. Pls review the accounts you are responsible for and provide variance explanations no later than Monday morning, Sept 17 in preparation for the (Aug 01 close) balance sheet review on Tuesday, Sept 18. Thanks

Generate a subject line.

OUT: TW-Balance Sheet -info
IN: This is an email
Distributed Power: The Next Big Investment? With today's electricity demand expanding beyond the reach of available supply, and nationwide electric deregulation efforts providing inconsistent results, distributed power just may be the next big thing, according to Bear Stearns analyst Robert Winters. With technology-laden, electricity-hungry companies popping up every time you turn around, and blackouts and brownouts occurring more frequently as large power grids are becoming less reliable, the analyst points towards distributed energy services as a possible solution, and maybe the "next big investment opportunity for the coming decade." In Winters' 250 page report, "Distributed Energy Services-The World's Power and Transportation Industries: Set for a Revolution-Part 2," he examines technologies and companies within the distributed energy services sector that might be able to take advantage of the current situation. "Thanks to major technological advances and energy deregulation, a wave of new investment in the power industry has just begun. We believe that this coming era in the power industry could resemble the wave of investments which flooded into the telecommunications industry following the breakup of AT&T in the early 1980's," said Winters. "Companies and municipalities need to find ways to ensure the availability of high quality, reliable power," added Winters. According to his research, microturbines are the best positioned of the "new" technologies that would be able to have an immediate impact on electric generation. He based his recommendation on the fact that microturbines are small, quiet, efficient and very versatile. "They can be used as a main power source, a back-up power source or as an alternative when there is a spike in traditional energy prices," the analyst said. "Microturbines can also be used in remote locations, including developing countries, that do not have access to electricity." Another attractive feature of microturbines is their fuel requirements. The units often use natural gas, but can also use several other fuels as well. In the study, the analyst also examined fuel cells, flywheel technology, and existing reciprocating engines technologies such as diesel engines and Stirling engines, which he noted are enjoying a comeback. In addition to the report, Winters initiated coverage on two distributed energy companies. He labeled Active Power, a company that is pioneering flywheel technology, as a "buy" and Capstone Turbine Corp., a leading manufacturer of microturbines, as "attractive." The companies are in addition to two fuel cell companies he currently follows. Ballard Power is currently a buy, and Plug Power is rated neutral.

What is the subject?

OUT:
Distributed Power: The Next Big Investment?