Q: Tom has come to a decision on what to do with the ubiquitous accrual value. 60% of this value should be credited to Greg's Transport expense on a monthly basis. Tom, in turn, will cover Ed on this portion of the expense. For example: Accrual Value comes out to be $300,000 for the month of April. This means that: Greg's portion of this value is 60% of $300,000 = $180,000 Tom's portion of this value is 40% of $300,000 = $120,000 Greg's Transport Expense is ($700,000) So, Tom will cover $180,000 of this expense Greg's adjusted Expense is ($520,000) Greg's P&L is net better off by the $180,000 of accrual value Tom's P&L is net better off by $120,000 of accrual value which had not been previously recognized. Ed's P&L is net unchanged from all of the above. Call with questions. Eric x3-0977
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A: FINAL DECISION ON ACCRUAL VALUE

Q: Expand your business! Make it easy for your customers to pay using Visa, Master Card, Discover, American Express, Debit Card and Checks via Phone/Fax/Internet. How? Through a business Merchant Account! By providing multiple methods of acceptable payment you automatically help ensure that it will be easier for them to pay you and build up trust. People DON'T want to send cash or checks via mail, because it is dangerous and gives them absolutely no guarantees whatsoever. So make it easier for your customers and setup a Merchant Account for your business. There are NO setup fees, and the monthly costs are very low. To obtain more information, please reply to this email with your name, phone number with area code, and a good time to call. You will be contacted within 10 business days by one of our staff. Thank you for your time.
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A: Expand Your Business [10bhnn]

Q: Good Morning, NOB is derated to Zero for HE 5-12 for Saturday July 28th. Our Downstreams at NOB are cut to zero for those hours, and the deal numbers have been changed and noted in scheduling. The deals are: Nevada Power 423713.1 BPA 459815.1 LADWP 579025.1 and 548842.1 Special Conditions on LDWP deal 541395.1 require that we re-supply them at a different and mutually agreed upon delivery point. Sean and Art from LDWP agreed that this alternate delivery would be COB, and this deal has been adjusted to show HE 7-12 is at COB N/S now. Please see me if you have any questions regarding these deals. Cara
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A: NOB curtailments for 7-28 affecting multiple deals

Q: Ken: Pete van de Gohm and I attended the NPC meeting in Washington on June 6 where the final draft Critical Infrastructure Protection (CIP) subcommittee document was presented to the Secretary of Energy and the NPC membership. The draft document was accepted and the final document is being prepared. At your request, we are pleased to continue working with Archie Dunham and the NPC subcommittee to attack the next phase of the project, the development and implementation of an Information Sharing and Analysis Center, or ISAC. The ISAC will be the tool in providing threat information to the industry and is the main focus of the CIP project. This next phase may require the involvement of an Enron attorney and a business lead as the ISAC will likely take the form of an LLC or similarly structured entity. We will address these as the need arises with Jim Derrick and Steve Kean. We feel we have made a great contribution to the energy industry by moving this project forward, and we are eagerly looking forward to our continued involvement. Regards,
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A:
Summary of NPC Meeting, Washington, D.C.