IN: This is an email
The phone call to Intermesa and Votorantim should emphasize the following points: 1. The transaction was never consumated. We have consistently stated that we do not consider the transaction a "done deal" until final documents are executed. 2. We are no longer willing to consider the proposed transaction. The reason is simple: the market has moved and they failed to act quickly. 3. All markets,pet coke markets in particular, are time sensitive. Because Votorantim has delayed in the execution of final documents, it accepted the risk that, over time, market prices would change and Enron would no longer be willing to sign a deal. 4. Again, we never had a final, enforceable deal. Their only claim is that we misrepresented to them our willingness to do the deal and therefor they didn't pursue negotiations with a third party. Our response is: we never made any misrepresetation and it is not reasonable to rely on our negotiations as a basis to forego discussions with third parties when Enron never sent them a binding offer.

What is the subject?

OUT: Intermesa/Votorantim
QUESTION: Russ and Richard: The referenced agreement was sent to you for execution on December 7, 2000. We have never received an executed original of the agreement or the guaranty from Lehman Bros. Holdings Inc. We have called on several occasions to locate these instruments. Please let us know if there is a problem.
Propose a subject line for this email?
ANS: ISDA Master Agreement between Enron Corp. ("Enron") and Lehman Bros. Finance S.A. ("Lehman")
Mark and Jeff: Trina and i talked about the issue that you raised with me today. Our preference is to structure the language so that it would only trigger an Event of Default under the Swap if the Enron merger caused an Event of Default under the Revolver. At the end of the day, we both felt that this is a call that someone on the commercial side should make, such as either Ben Glisan or Mike Jakubik. Carol
Q: What is a potential subject line for this email?
answer: Enron Merger Trigger
Greg (Adams), Attached is our cash forecast. There are several important points to keep in mind with this forecast: 1. This is our best guess at this point. As other business units clarify their business plans, it will affect our activity. Once their plans are set and communicated to us, we can better forecast our numbers. 2. This forecast represents the estate only. (Since that is what we discussed in the meeting on Monday) We have made no attempt to forecast NETCo since that has already been done and is seperate. 3.Infrastructures numbers are somewhat soft due to the Outlook problems experienced yesterday. As they firm up or we get additional information, we can update numbers. 4. We have not included any future severance or retainage payments as we discussed. 5. I have included a tab which attempts to segregate costs by business unit. Again, this is soft and will be better defined as the business units define their plans. 6. I will be out of the office after today for a while. If you have questions after today, contact Mike Galvan (x3-5439) or Kevin May (x5-2508) 7. I have not put this file on the O: drive since it is being emailed. Let me know if I need to. Kerry (x5-4895)
Answer: ENW Estate Cash Forecast
Here is an email: Jean - Thanks for the new computer. They installed it the middle of last week. Initially, it was great and a little faster but today is another day and the print function is incredibly slow. Anything you can do? Lorraine
What is a potential subject line for this email?
A: New Computer
QUESTION: Attached is a draft letter to Wildhorse for our noms. in November. The letter again reserves all our rights. Please review. Mark, Is the cc list still correct?
Propose a subject line for this email?
ANS:
November Nom. Letter