IN: This is an email
Mark - Just a few quick notes from yesterday's staff meeting (items you should know about): Enron Direct - Appears to be really ramping up. Currently using TaletTree and Saliens (sp?) (temp/consulting agencies) for sales personnel to lower end of mkt. Goal by 10/15 to have all commodity/tariff curves in EES database Looking to also load customer profile information for approx. 22K customers In sync with Canadian efforts and looking at Toronto as a bigger mkt than Calgary Beth pointed out Corp. contractual commitment to Ernst & Young of $60MM annually and suggestion to consider them for consulting services. Currently Corp. spend is approx. $40MM annually. Pipeling software products - Have contract with Luminent for marketing Enron gets 100% of license fees and continues to own products (including all enhancements) Luminent gets opportunity to do all integration Product price is $500,000 Jay indicated Kiodex transaction data fee is up and ready for operation. Waiting for Kiodex to be ready to go live. The Kiodex product will appear as a "Risk Report" button inside of EOL. Mention was made of the "layoffs" in Europe, but Greg indicated it may not be much of an impact on ENW personnel presuming the level of support for existing businesses remains constant. Nothing else in particular was discussed. Tom and I did have an opportunity to speak about some CommodityLogic items subsequent to the staff meeting. His big concern remains the speed with which we are able to produce amendment documents for counterparties, especially in light of the fact that Greg now wants weekly reports on the progress of these amendments - from Tom. I worked with Brent, Bob and Kathryn Cordes yesterday on a possible short term solution that may at least enable the CommodityLogic marketing personnel to put a base amendment form (not to be signed) in front of counterparties. The base amendment form would clearly indicate that additional information was necessary before an agreement was reached. This would be followed up by the actual "guts" of the legal confirm language. Please let me know if you have any questions or need anything else. Mark

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OUT: Staff Meeting 10/4

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Just a 'heads up' - there is now no doubt that there will need to be some major revisions to the index language. I am meeting with some of the folks from the confirm desks this afternoon to get them started on a further review. Can you please arrange to have the following people given access to the Product Manager: Jeff Sorenson Dale Neuner Bob Bowen Lynn Shivers Kevin Sweeney

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OUT: Online Indexes

IN: This is an email
582324 - Grays Harbor Paper Mill 582322 - Las Vegas Cogeneration I've added the unit names to the deals and reminded Les that they need to be in the comments section. He was under the impression that the guideline sheet he sent out re: unit names spelled out the answers, but I took another look at it and it doesn't seem to really answer anything. I've attached it just in case you don't have it anymore - but please let me know if this assists you guys in ANY way. If it doesn't, I can probably get him to draw up something more useful. Thanks,

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OUT:
Unit Contingent Deals