Subject: "IT Merger Strategy".

Body: Hi Greg, Today I'll be kicking off our merger strategy from an IT perspective. The goal of this will be to position Enrons IT group as the obvious choice to take the merged company forward. This is in everyones best interest, even if they don't know it yet. This will be focussed purely at IT, but alligns with the overall goals of ENW. You and Greg Whalley have my commitment to making this work and hence making the future merged company a success. What I need from you and Greg and David is help in quickly coming up with a retention policy to ensure our best people don't walk. Regards

Subject: "Rev option form".

Body: I have revised the option form consistent (except where noted) with comments sent by Herman and Lisa, and have attached a redline version. Herman, I dealt with your comment regarding the defn of Optionee by tinkering a little with the 1st paragraph. I also construed your comment regarding Enron's right to terminate the option to NOT preclude termination if our counterparty is in default. Please confirm that this is acceptable. Lisa, I did not change the notice info since the first entity will the the project co, with ENA Legal receiving a copy. Please advise if you have any comments. Kay

Subject: "phone number".

Body: Rick: You can call Travis Mueller who owns a barber shop around the corner (next to Luther's BBQ) if you want. He's quick, cheap and good. His number is 713-650-1960. Steven

Subject: "Lunch".

Body:
I know you're in high demand these last remaining days, but if you don't already have lunch plans, Vance and I would love to take you to lunch tomorrow. Let me know. kd