This is the content of an email: Steve: Here is what I have found out from our credit and confirms people. We are still confirming all trades with BT. Further, when our credit person spoke with yours, they indicated that this would continue until a Master with DB is put in place. Is all of this consistent with what you have heard?

Subject: BT Trades

This is the content of an email: Susan: Would you please follow up with Bridgeline now as I am preparing a futures agreement for them! We need them to get their act together. Thanks. Sara

Subject: Bridgeline

This is the content of an email: I called Tino today to let him know that our affiliates are sniffing around a power plant opportunity and potential gas bypass pipeline in Albuquerque. Kevin, you should be getting a call from a guy in Portland whose name I can't seem to find right now. He had gotten my name from Thome out there and called to let me know that ENA is interested in pitching either PNM or some outfit called "Delta" on development or expansion of a gas-fired power plant in the south part of Albuquerque. It didn't sound to me like ENA was very far along in their deal. I explained to this guy what we were involved in and swore him to confidentiality. I also told him he need to call either Kevin or Steve before he talked to PNM. I thought it was a little curious that ENA is interested in generation in Alb. all of a sudden. On the Tino front, he apologized for not calling after their big DOE meeting. He said it went very well and that DOE is considering their offer--$.085/Kwh power less revenue sharing for all surplus power sold. Tino

Subject: Pueblo

This is the content of an email: Frank, This guy called me because he read the book I wrote about Natural Gas. He has some kind of special treatment with the federal government in terms of gas purchases. Sounds like a minority owned business to me. Could you call him or refer him to someone at EES? Thanks, Fletch Sturm
Subject: new contact