IN: Hi Dede I got your email about NY seminar. Great idea but sorry we can't be of much help - I haven't touched EEI since the Houston seminar. I know its time to start trying to use it. Oh well, next week's project. On a more important note, do you want to try and hit this Tuesday (the 4th) at lunch? Let me know. Hope you have fun on Friday night.

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OUT: HI

IN: Would you like to be included? We will try to start this next week. I will ask Patti to get with you on the details. --Sally

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OUT: Weekly Focus on Commercialization of Services

IN: Heather, This is a rough cut of a services agreement. Since the loan agreement, services agreement and LLC agreement are all pieces of the same puzzle, I thought I would send it your way. Kay

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OUT: Services agreement

IN: Guys, I have explained the strategy/tactics that have lead to this position in some detail. In my opinion the company is not at risk and potentially ENA could create significant value from a project that we have very little invested. I understand the construction risk on the bid as much as anyone and we have no intention of lifting their offer. As far as EECC involvement, as I had mentioned, Coleman was a part of all these discussions. I will argue that Mike and the ENA deal team made the right call necessary to maximize return in the short run for Enron without investing significant dollars or taking significant risks. Obviously, I was unsuccessful in explaining such a sophisticated strategy. Regards

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OUT:
Las Vegas CoGen