IN: Marie, Just wanted to drop you a line and check and see if this is a good e-mail address. I haven't sent you any corny jokes in a while. Love, your older adopted brother, Carroll

Generate a subject line.

OUT: e-mail update
IN: This is an email
Yesterday, the Federal Trade Commission issued a staff report on electricity restructuring issues. It is an update of the July 2000 report done at the request of House Energy Chairman Tauzin and Subcommittee Chairman Barton. They requested the report be updated. A summary of the report and the full 80+ page text is on the FTC web site at www.ftc.gov on the upper left side of the home page. I read the summary and will read the balance. So far, so good. It basically says that even states that have opened up to retail competition are in transition with a hybrid of regulation and competition, thus the expected benefits of competition have not yet emerged. However, the report states that nothing to date indicates that competition, once the transition period is over, will not produce additional benefits for consumers. The report's major conclusion is that competitive wholesale markets are important to achieving effective competition in retail markets. The summary includes something that sounds promising on RTO policy, saying "And as wholesale and retail markets become regional, governing policies and jurisdictional approaches also must move in that direction for wholesale and retail competition to be successful."

What is the subject?

OUT: FTC Staff Report on Electricity Restructuring
QUESTION: Calpine - Meet with Calpine to discuss Red Rock FT. Calpine has been allocated 33,529 MMBtu out of their 40,000 MMBtu Red Rock contract for receipts from the West Texas Pool. They have indicated this is not satisfactory and may pursue (I'm not sure how) this in the future. We are still working towards designating specific receipt points for their entire MDQ. SoCal - Jeff Dasovitch made initial contact with the CPUC about SoCal's unwillingness to confirm TW volumes at the SoCal Topock point on an alternate basis. He would like TW to continue in its efforts to keep these discussions going as well. (Rick Ishikawa is out on vacation this week and I have a call into him.) This week, Richardson Products contacted So Cal about this issue as well. Calpine is also interested in having the flexibility under its Red Rock contract to deliver gas to Socal Topock (on an alternate basis) and is meeting with SoCal next week and will discuss this with them. OBAs - I have made initial contact with all my volumetric OBA parties to begin discussions on resolving payback and going forward on the tariff OBA. Lorraine
Propose a subject line for this email?
ANS: Bullets
Ken: I started buying Enron again this morning because I know that all the sellers have vastly underestimated Ken Lay! And I wanted to say that more of them should be remembering what has been accomplished at Enron. Aside from ENE stock price, I trust all is well with you and your familyand that you, like us, were all relatively unaffected by Sep 11. We are fortunate to have work and other commitments to keep us busy so that we don't have time to worry too much about anthrax, etc. Our base technology merger and acquisition business has remained steady this year and we are now seeing increased activity again. Our "B2B" semi spare parts supply chain integration company, netMercury, has weathered the downturn, with most of its competitors out of business now, and its future looks bright. I am starting a small venture capital fund to take advantage of great investment opportunities in semiconductor and optical processing technologies. I am now commuting from Sonoma most days and I do think about terrorism every time I cross the golden gate bridge--what a spectacular event an
Q: What is a potential subject line for this email?
answer: A Brighter Future
Mike after the calc tonight the NET value of the BPA deal (51353) was 22.8 MM. Therefore we did a schedule c for 22.8MM vs the 25MM we had spoke about. Please advise if you would like to change this. Thanks,
Answer: Schedule C
Q: I am scheduled to be out of the office Tues-Thurs of this week. I will be in New York with Mark Bernstein negotiating a term sheet for the Co Op City deal. This is one of the asset management deals I'm working on for the NE Power Team. I haven't confirmed with Mark that the trip is still on, so there is still the possibility that it might cancel. Kay
Propose a subject line
A:
This week's schedule