This is the content of an email: What's the status of our analysis? Has anyone heard anything from Dennis or Tino lately? I get concerned when they disappear for weeks like they sometimes do. Thanks. DF

Subject: Pueblo

This is the content of an email: Harry Arora (e-commerce group) wants to take a look at Goldman's online trading operation. His motive is to explore/navigate the site during the next 30 days (but not trade). I told Harry that I would need to review the agreement and negotiate with Goldman just as I would any agreement in order to not set any precedent with Goldman for future agreements. Although Harry does not intend to trade at all, and we could terminate the agreement when he is done, I suppose Gary may want to trade with Goldman online in the future. We could negotiate another agreement at a later date. Let me know if you would agree to accept Goldman's agreement "as is" for the limited purpose of allowing Harry to navigate the site, with the intention of terminating the agreement when he is done. Although ENA would have a password, access could be limited to Harry [and whomever he needs to assist?]. Please let me know your decision. Thanks. Sara

Subject: Goldman, Sachs & Co. "Cllient Access Agreement"

This is the content of an email: Attached is the final version of the Bammel Compression Turnkey Construction Agreement used in Project Looper. This agreement will require some modification for use in Project Coca-Cola, but is a good starting point. In the interest of efficiency I am circulating this for your review and comments. We can then discuss how this needs to be tailored for the CO2 project. Please note the following with respect to this agreement: 1. A detailed engineering scope of work will be required for the treaters. 2. Given the financing objectives for this project, this agreement should be as lump sum price as possible with liquidated damages for in-service date risk. 3. A performance criteria guarantee section will need to be added which references specific plant peformance criteria in the scope of work. FYI, I will be in Albuquerque tommorrow for a Compression Services project. After your review let's discuss.

Subject: Coca-Cola Construction

This is the content of an email: Please open the attached file to read the complete text of the following items: 07:24AM EDT 31-MAY-01 ABN AMRO INC. (CIHRA,ROBERT) CPQ DELL GTW COMPAQ COMPUTER: LOWERING ESTIMATES 04:21PM EDT 30-MAY-01 BEAR STEARNS (J. NEFF/BOBBA/HAND) IBM HWP EMC: LOWERING ESTIMATES; MAINTAIN ATTRACTIVE 06:38AM EDT 31-MAY-01 PRUDENTIAL SECURITIES (H.MOSESMANN) INTC AMD INTC: UPDATE FROM TAIWAN. QUARTER TRACKING TOWARD LOWER END OF GUIDANCE 02:39PM EDT 30-MAY-01 UBS WARBURG (US) (YOUNG, DON) GTW AAPL CP GTW: PRICE WAR - COOL ! 11:45AM EDT 30-MAY-01 LEHMAN BROTHERS (ELLING, GEORGE) SUNW EMC HW SUN MICROSYSTEMS: 4Q01 GUIDANCE LOWERED; EUROPE WEAK 08:59AM EDT 31-MAY-01 J.P. MORGAN (WALTER J. WINNITZKI) TECD CPQ DELL IM DZTK TECD: Q1 SOLID, BUT GUIDANCE REDUCED DUE TO INDUSTRY CONDITIONS <<5.31.01 Analyst Reports.doc>> The analyst reports provided are reports prepared by independent analysts who monitor and track Compaq's performance. These reports are not prepared by or at the direction of Compaq and as a result, Compaq is not endorsing or verifying the information contained in these reports or endorsing any of these analysts. These reports are being provided solely for business reasons and as a result, do not distribute these reports to other individuals outside of Compaq. If other individuals are interested in receiving the reports provided herein, please contact Elizabeth Davis in Compaq's Investor Relations Department at elizabeth.davis@compaq.com.
Subject: Financial Analysts' Reports for 5.31.01