Subject: "TW Options: Answer to protests".

Body: Attached is a draft of an answer to protests received in Docket No. RP01-56. Please let me know your comments before noon tomorrow if possible. Thanks.

Subject: "Meeting 10/24 at 10:00am JPMorgan/Chase and Citi/SSB".

Body: John: Listed below are questions that the banks have asked us to address in the meeting scheduled for tomorrow morning at 10:00am in Room 20C2. JPMorgan Chase and Citi/SSB are doing due diligence for a short term liquidity facility. They have specifically asked for a better understanding of the T&M business. I suspect you have a canned presentation that you use. That will be fine. They are very focused on cash generation. Trading & marketing business: a) What effect of a global slowdown on the business both short-term and long-term? b) If capital is restricted to T&M companies in general, can ENE continue to grow volumes? c) What happens to ENE's earnings & cash flow if volume growth slows / declines - is there an annuity part of the business? (How much of future cash flow has been monetized through pre-paid transactions?) d) What happened to ENE in Europe during the quarter (volumes grew substantially and no earnings growth)? i) Is this a long-term phenomenon? ii) Can / will something similar happen in North America e) What is the status of global deregulation? i) Scaling back venture in Japan? ii) Reports that gas competition in Germany is facing difficulties iii) Laying off people in Europe f) What is current VaR - if not lower than at 12/00 & 6/01 - why not?

Subject: "Mark Palmer re Andy Fastow".

Body: Vince: I've been on the road for a week and will be in southeast Asia and Australia for the following week. I did, however, get a message from Mark Palmer saying that he thought I should present our stuff on current operations value/future growth value directly to Andy Fastow. I agree this makes sense. Nevertheless, I think the idea would have greater credibility if you, in addition to Mark, were to express an interest in the framework to Andy. Would you be comfortable doing this? I'd just like you to send Andy a message saying that you think the COV/FGV framework is logical and that investors would find it logical as well. If you can do this, Melissa Jose would then give Andy's office a call and try to set up a convenient time for a presentation. Of course, I would be very happy if you could attend that as well. That would also give the two of us an opportunity to explore that article we have been meaning to write! Best Regards,

Subject: "EFCU Gets You Connected".

Body:
Get Connected with e-Statements. Sign up for Electronic Statements from Enron Federal Credit Union by November 15 to be entered into a contest to win a Palm Vx! Log on to www.enronfcu.com to apply or for more information.