IN: Holden I just looked at the Position Report Monthly and could see Cal'03 broken out monthly. Please run it again and let me know if you can to. Thanks,

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OUT: Pos.Mgr

IN: I hope you can help Carol out before our phone call in the morning. I have tried Patricia Aufranc twice but there is no answer. If you could reach her early in the morning to resolve, I would be most appreciative. You can discuss with me in the morning. Thanks. Sara

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OUT: Friday phone call AND MEMO FROM CAROL ST. CLAIR

IN: As soon as I hit the "send" button I recalled another issue. Enron does not want the LLC used for anything other than the acquistion/disposition/adminstration of the equipment. Other development activities should be conducted in another entity, at least so long as Enron has an ownership interest. I'm going to double check this, as it seems the LOI is fairly specific on this point.

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OUT: More comments

IN: Mark Frevert has reviewed the attached addition to the upcoming organizational memo and has asked that I forward it to you to be included. This would be included in the section under Commercial Support, added as an additional bullet point beneath the one that addresses Business Analysis and Reporting (I believe that these bullet points are on Page 3 of the draft memo). Please call me at x35926 if you have any questions.

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OUT:
Insert for Organizational Memo