This is the content of an email: Anne, I would like to check the index positions in the physindex tab in NCD. Please have all of the positions in the BasisTransport tab, section transport model, added to the phys index position totals. Please look at the PG&E CG positions for May-Oct, I added the transport positions already. I would like to add a KRS row in the physindex summary to account for the 20000/d transport that we have. Also, please have the new transport index positions at Socal that we are booking tomorrow included in the new KRS column in the physindex tab. We can review in the afternoon. You are doing a great job. I am sorry that I have not had a chance to thank you recently. The market is distracting me. Sincerely,

Subject: Physical Index positions in NCD

This is the content of an email: Tim, I thought I would send you a copy of the East Mid-Market QBR to give you a view on what Presto/Baughman are doing. The West historically has been far better than the East in covering the market and generating mid market deals/services. I look forward to our discussion in Portland next week. I would like to get a perspective on organization, market approach, deal flow, resources, products and coverage for the Mid-Market group at that meeting. Regards

Subject: East Mid-Market _ QBR

This is the content of an email: JMF, I have a discrepancy with LCRA on 10/22/01. The following notes are in the P&L... "830711,830709 . The original deal was a buy from LCRA and a sale to RESI but LCRA did not enter into Portal in time. Therefore the purchase was made from the ERCOT Imbal. market where it was purchased for $11.55." The initials in the P&L are 'GTP' We show this in the system as an ERCOT-Imbalance purchase and a sale to Reliant however LCRA claims that we should show this purchase from them. Please pass this along to the appropriate trader to clear up the discrepancy. Thanks,

Subject: LCRA discrepancy

This is the content of an email: Troy, I'm out of the office this morning. I'll get back to you later about the variance. But just so you know, Kevin's reported P&L was understated by the $188K on the OA Flash tab. He made an error in the sharing calculation. DG
Subject: Jan-01 P&L