LM-Polygraph/aeslc · Datasets at Hugging Face

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According to HR Reports, you have 112 hrs. vacation remaining for 2001. Please keep in mind that you may only carry over 40 hours vacation. If you believe this number is not correct or you have any questions please contact Tamara at x36583 or Nyree at x54035.	2001 Vacation Balance
Hi Monika, It was great to see you at our annual conference. I hope that you had a good time and enjoyed the services we provided. Let's keep in touch and let me know if I can provide any help for you in the future. Best,	Good to see you
Please note that I will be out of the office Monday, November 12th, as a vacation day. If you should need me, I can be reach at home or via my cellular. Thanks. Karen	Vacation day
Dear Team, Attached is the updated price forecasts of the forest products commodities. Following analyst's forecasts have been updated: BMO Nesbitt Burns CIBC World Markets CSFB Salman Partners If you have any questions, please let me know. Thanks,	Price Forecast Update
p a p e r l o o p . c o m d a i l y n e w s s e r v i c e Welcome to paperloop.com, the premier information and exchange service for the pulp, paper, converting, and printing industries. THURSDAY, Nov. 15, 2001	paperloop news for Thursday, Nov. 15, 2001
Elizabeth, Andrea and I are scheduled to meet with Ray Bowen on Monday to review fundamentals trends and developments. To prepare for this meeting I need three things from you, today: The monthly benchmark prices (whether RISI, P&PW, Random Lengths or whatever) for your key product for this year starting with January, and coming up to date. Your forecast of those prices by month for the next six months. I need you to come by my desk some time today so we can spend a few minutes discussing current trends in your market. Thanks,	meeting with Ray Bowen
Dear Ms. Causholli, we thank you for the interest shown in our activities. Following to your request we inform you that the MBA brochure has already been sent to you along with the application form. Besides, we would like to inform you that you can consult our course description at www.sdabocconi.it and calendar of our information session at www.sdabocconi.it/ad/en/md/calendario1.html For any further information, please, do not hesitate to contact us. Sincerely,	SDA Bocconi - Masters Division
Dear Ms Causholli, we thank you for the interest shown in our activities. We apologise to you. I wrote to you that i sent the MBA brocure. It was a mistake.Following to your request we inform you that the MIEM brochure has already been sent to you along with the application form. For any further information, please, do not hesitate to contact us. Sincerely,	SDA Bocconi - Masters Division
Please mark your calendar with a Pulp Weekly Meeting scheduled by Rodney Malcolm for every Monday at 9:00am to 10:00am in conference room ECS 04075. The London team will be participating via video conference. Thanks,	Pulp Weekly Meeting - REMINDER
Hi there, Morela called to asked to be removed from all EIM distribution lists, (eg. Price Forecasts, FOEX, etc). Can you ensure her name is removed from your personal distribution lists? Thanks,	Morela Hernandez - remove from distribution lists
Thank you for your interest in employment opportunities at Tenaska. Your resume has been received and will be reviewed. You will be contacted if your qualifications meet our position requirements. Sincerely,	Your resume has been received
The November 2001 - Printing and Writing Papers Supply and Demand report is now available on Economics Online. www.pppc.org/econ/. Section Supply and Demand Forecast / Should you have any questions concerning the content of this report, please do not hesitate to contact Martine Hamel-Director, Market Research at (514) 861-8850 or by e-mail at mhamel@pppc.org. For questions or comments concerning Economics Online, please contact:	November 2001 - Printing and Writing Papers Supply and Demand
Monika - I received some info today in the mail regarding a new master of science program in quantitative financial economics. It is being offered by Oklahoma State University and they have a lot of money for financial support. Perhaps you should consider it. If you send me your address, I will mail the information off to you today. Have a great Thanksgiving. Jim	Your address
Dear Team, The electronic copy of this week's PPW has not been published at this time. I will keep you posted as soon as it is available. Thanks.	PPW THIS WEEK
The North American Printing & Writing Papers Statistics - Flash Report for October 2001 is now available on Economics Online at www.pppc.org/econ/ , in the section Flash Reports. Should you have any questions concerning the content of this report, please do not hesitate to contact Paul Leclair Analyst - Finance and Markets at (514) 861-8834 or by e-mail pleclair@pppc.org. For questions or comments concerning Economics Online, please contact:	North American Printing & Writing Papers Statistics - Flash Report for October 2001
Hello Team, The FOEX PIX Paper US Benchmark Index for newsprint fell to $506.16 this week, down $4.71 from last week. In the months of October and November, the FOEX PIX Paper prices have oscillated between falling and stabilizing. Ayesha	FOEX PIX Paper
p a p e r l o o p . c o m d a i l y n e w s s e r v i c e Welcome to paperloop.com, the premier information and exchange service for the pulp, paper, converting, and printing industries. TUESDAY, Nov. 27, 2001	paperloop news for Tuesday, Nov. 27, 2001
This is an automatically generated Delivery Status Notification. THIS IS A WARNING MESSAGE ONLY. YOU DO NOT NEED TO RESEND YOUR MESSAGE. Delivery to the following recipients has been delayed. tom.bruce-jones@enron.com jeff.kabel@enron.com joern.schmidt@enron.com jonathan.schube@enron.com	Delivery Status Notification (Delay)
Monika, As it looks like I may have a slow day today, I was wondering if you could forward your most recent copy of the Itochu analysis for review? Thanks. KC	Itochu Company Analysis
NorskeCanada announced today plans for additional curtailment for the first quarter of 2002 at its B.C. paper operations, as weak economic conditions have reduced demand for the company's products. Norske is planning to shutdown 2 paper machines until market conditions improve. No. 3 paper machine at Port Alberni and No. 1 paper machine at Elk Falls are currently scheduled for shutdown in the 1Q02. A third paper machine, No. 1 at Crofton, is also planned for shutdown during the month of January. This translates into about 34,000 MT for 1Q02 at Elk Falls (since Port Alberni produces mostly directory) and about 12,000 MT at the Crofton mill for January. Given the uncertain economic climate, the company will review curtailment plans monthly so it can be quick to respond to any upturn in market conditions. Please find the Downtime database for 2002 attached below. Ayesha	Norske Downtime for 1Q02
Please Note: "Applied Risk Management Principles", scheduled for November 30th is cancelled. We apologize for any inconvenience this may cause. Please check elm.enron.com for the '02 schedule. Thank you.	CLASS CANCELLATION - Applied Risk Management Principles - Nov 30th
We are in need of the following information: Emergency Contact Name: Emergency Contact Phone: Please update this information by going through eHRonline or email me with the information. Your cooperation is appreciated ! Thanks,	Important Information Needed!!!!!!
Dear Team, Advance Publications' The Star-Ledger of Newark, N.J., is struggling to find $10 million to slash from its budget because many of its key retail advertisers have filed for bankruptcy or cut their spending. The Star-Ledger still promises to honor its famous handbook pledge not to lay off any of its nonunion employees due to a bad turn in the economy. The Star-Ledger also canceled its Christmas party, has closed a small satellite office in Newark, is offering buyouts to selected employees, and will decrease the amounts of its annual raises and bonuses. The Star-Ledger has a 410,547-weekday-circulation newspaper and about 132,449 MT in newsprint consumption. The carnage continues as the loss of advertising dollars plagues newspapers.	newsprint update, 11/27
Monika, I found the Jacobs-Sirrine proposal on the fiber study; you can get a copy from me. They included a matrix on which they would display various fiber characteristics, which I'm attaching. Cecil and I went over it and he suggested some changed, which are incorporated here. The only one he wants to add that isn't reflected here---but which we need to tell them---is that we want to know why each quality parameter (the column headings) is important to each major end-use (paper grade) application.	fiber morphology study
This is an automatically generated Delivery Status Notification. THIS IS A WARNING MESSAGE ONLY. YOU DO NOT NEED TO RESEND YOUR MESSAGE. Delivery to the following recipients has been delayed. tom.bruce-jones@enron.com jeff.kabel@enron.com joern.schmidt@enron.com jonathan.schube@enron.com	Delivery Status Notification (Delay)
Warriors, let's get drunk! How would you like to host your very own Halloween Party at BARHouston? On Halloween Wednesday, BAR will be having our 2nd Annual Masquerade Ball! This years Ball will be a BAR LIVE event with Houston's Hottest Female Recording Artist "The Sheila Marshal Band." To celebrate the occasion, we will be offering 30 lucky customers a chance to host their very own Halloween Party from 8-10pm that evening! You and your guests will receive Free Draft Beer, Wine and Soda. And the kicker is, the host with the most costumed guests showing up to their party will win a $100 bar tab that night for after the party. Email us ASAP, because we are only reserving 30 parties! If you just want to come later and enjoy the show, we will be having $8 buckets of Miller Lite and a $500 Costume Contest. If your not scared that is!!!!!!!!!!!!!!!!!!!!! !	BAR- HALLOWEEN WEDNESDAY
Hi Monika, It was great to see you at our annual conference. I hope that you had a good time and enjoyed the services we provided. Let?s keep in touch and let me know if I can provide any help for you in the future. Best,	Good to see you
Dear Team, The Fundamental Analysis Team is developing a presentation database that will: Creating a centralized repository of presentations that are current for each commodity group Better document management - multiple users can simultaneously view and select various slides. This will increase speed of presentation development since users can email their selected information to the development team. Add to Cart feature - allow employees to select the slides they need from various presentations and email it to their inboxes. Provide standardized formats and up-to-date information We are in the process of developing a program that will encompass the benefits above. In the meantime, a temporary database has been created in the o:/Industrial Markets/Fundamentals/Presentation Database. The database is divided in to commodity groups and specific topics. Please forward me any presentations that you are currently using and I will add them to this database. If you have any questions, please call me. Thank you,	Presentation Database
You are on the waitlist for the above class held Thursday and Friday (Nov. 1-2) from 8:00am-5:00pm both days. I just received a cancellation. Please respond ASAP to this email if you would like to be included in the class?? Thanks,	Derivatives II - 11/1
REMINDER!!! You are enrolled in the following. Derivatives II November 1 & 2, 2001 in EB552 8:00 am - 5:00 pm (both days) Please complete the following quizzes and bring to class Please be on time	Derivatives II
The International Coated Mechanical Paper Statistics - Flash Report and the International Uncoated Mechanical Paper Statistics - Flash Report for September 2001 are now available on Economics Online at www.pppc.org/econ/ , in the section Flash Reports. Should you have any questions concerning the content of this report, please do not hesitate to contact Paul Leclair Analyst - Finance and Markets at (514) 861-8834 or by e-mail pleclair@pppc.org. For questions or comments concerning Economics Online, please contact:	Intl Coated Mechanical Paper Statistics and Intl Uncoated Mechanical Flash Report September 2001
The North American Printing & Writing Papers Statistics - Flash Report for September 2001 is now available on Economics Online at www.pppc.org/econ/ , in the section Flash Reports. Should you have any questions concerning the content of this report, please do not hesitate to contact Paul Leclair Analyst - Finance and Markets at (514) 861-8834 or by e-mail pleclair@pppc.org. For questions or comments concerning Economics Online, please contact:	NA Printing & Writing Papers Statistics - Flash Report for September 2001
Dear Team, The following company analyses have been completed. These are posted on the web site under each company as "company analysis". ASIA Asia Pacific Resources CellMark Coca-Cola Malaysian Newsprint Industries Marubeni Pan Asia Paper Singapore Press Holdings Stora Enso EUROPE Arjo Wiggins Appleton Duni AB Frantschach Grupo Empresarial ENCE LATIN AMERICA Aracruz Arauco Copamex Durango Votorantim NORTH AMERICA Allied Waste Bowater Cascades Casella Waste Centex Corp. Domtar Dow Jones Gaylord Container Georgia Pacific International Paper KB Homes Louisiana Pacific Mead Newark Group Norampac Pope & Talbot Potlatch Pulte Corp. Republic Services Group Rock-Tenn SAPPI SCA SmurfitStone Container Corp. Tembec Temple-Inland Waste Management Weyerhaeuser Willamette Industries Thank you,	Company Analysis
Good morning everyone, Timesheets are due once more, please let me know if you have any exceptions (vacation, sick...) for Oct. 15 -31 pay-period. I would really appreciate your input by 3 pm, today. If your time is regular, simply reply with "no exceptions".	Timesheet for Oct 15-31
The attached spreadsheet contains a preliminary analysis of projected capacity growth for Indonesia through the year 2005. While I feel reasonably comfortable with the numbers and the timing of projects coming online, some additional work will be required to gain 100% confidence in this information. This should be completed within the next two weeks. In addition, as the trend of replacing mixed tropical hardwood with higher quality plantation acacia is already underway, I will make an attempt to identify the timber resources of the largest market pulp producers and when they anticipate initiating production of acacia pulp. Given the scope of this project, it may require several weeks to complete. Finally, I'm considering implementing a monitoring system similiar to the one already covering the Brazilian producers so we can accurately track activity by the Indonesian producers. The information I've seen from PPPC, and particularly RISI, does not appear to be very accurate. However, if anyone has an alternative source for shipments, production, inventory, etc. data, I'm open to suggestions. In any case, I hope this assists in shedding some light on an otherwise difficult region, and, as always, I welcome your feedback. Thanks. Karen	Indonesia Pulp Capacity
The North American Communication Papers - Short Term Supply/Demand Forecast for 4th QTR 2001 is now available on Economics Online. www.pppc.org/econ/ in section SUPPLY AND DEMAND FORECASTS (pdf) - NA Communication Papers Forecast. Should you have any questions concerning the content of this report, please do not hesitate to contact Martine Hamel, Director Market Research at (514) 861-8850 or by e-mail at mhamel@pppc.org. For questions or comments concerning Economics Online, please contact:	North American Communication Papers - Short Term Supply/Demand Forecast for 4th QTR 2001
Here are the updated files with the total throughput for both TW and NNG as well as the TW EOT Revenues. Note that the Burlington contract #25025 under the SJ tab really should belong under the EOT tab. However, since you already provided the SJ spreadsheets, I went ahead and deleted from the EOT spreadsheet that Jeanette forwarded to me). Please let me know if you have any problems.	Update Files for Total Throughput and TW EOT Revenues
Here are the preliminary reports ready for your review. I have done a thorough analysis on Items 2 and 3 and feel very confident with the data. I will be finalizing my review of contract volume data in Item 1 no later than tomorrow and will advise if any changes are necessary. TK - Please update the daily rates for contract 27495 (Astra) and verify the rates in blue. Additionally, please verify that the discounted IT rates for contract 20248 and 22136 are correct as billed (it doesn't appear that these discounts appeared in the daily transactional report postings). I need all updates/comments no later than COB Monday, 10/29/01. Thanks,	September 2001 FERC California Report - Preliminary Ready for Review
Shelley, Sheila, and Galen, Attached is an excel workbook with worksheets for each individual month's imbalance calculations. Please call or email if you have any questions. Thx, Jim	Imbalance worksheets
The following reports have been waiting for your approval for more than 4 days. Please review. Owner: Sheila M Nacey Report Name: Nacey/October Days In Mgr. Queue: 4	Expense Reports Awaiting Your Approval
Shelley, Sheila, and Galen, Attached is the spreadsheet with the revised imbalance quantities in it. I will send you all the individual monthly imbalance calculations soon this morning. Jim	Revised Prices and Imbalances worksheet
Hi, Shelley. As SPRC chair, I wanted to visit with you sometime over the next couple of days about this janitorial situation. Ernie supplied me with the prototype letter you prepared, as well as your comments about the independent contractor legalities, responsibilities, etc. I could use your advice on this subject to ensure the correct decisions are being made.	AUMC
UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Texas Gas Transmission Corporation Docket No. RP01-278-002 NOTICE OF COMPLIANCE FILING (October 22, 2001) Take notice that on October 17, 2001, Texas Gas Transmission Corporation (Texas Gas) tendered for filing as part of its FERC Gas Tariff, First Revised Volume No. 1, the following tariff sheets to become effective October 1, 2001: Primary Third Revised Sheet No. 181 Third Revised Sheet No. 182 Third Revised Sheet No. 183 Sheet No. 184 (reserved) Second Revised Sheet No. 185 Alternate Alternate Third Revised Sheet No. 181 Alternate Third Revised Sheet No. 182 Alternate Third Revised Sheet No. 183 Texas Gas states that this filing is being submitted in compliance with the Commission's Order issued on September 19, 2001 in the above-referenced docket. As directed, the tariff sheets removed the daily high/low index price for cash-out. In response, Texas Gas proposes to establish a cash-out price based on a weekly high/low index price determined from the weeks within the applicable month, plus the first week of the following month. The primary and alternate sheets require in-kind make-up of imbalances up to 2% and use the same index price for imbalances above 5%. However, the primary sheets also propose to eliminate cash-out for all imbalances up to 5% by also requiring a mandatory in-kind make-up level from 2% to 5% and by eliminating any use of the 100% price index for this tier of imbalance. Texas Gas states that copies of the revised tariff sheets are being mailed to Texas Gas's jurisdictional customers and interested state commissions.	texas gas tries one more time -- modified cash pool filing
Dannis, Per your instruction, I have issued an Operational Flow Order to Reliant Energy for gas day of Oct 19th. Germaine Grey and Bob Rossi of Reliant Energy have been contacted via phone & fax. I have also prepared the OFO form, the cover letter that contains the OFO tariff language, as well as the fax cover sheet for gas days of October 20th & 21st in the event there is a need to issue an order. If by chance these orders are not issued, please let me know Monday, October 22nd so that I can remove the orders from the TSS system. I will leave this OFO information on your desk in the event you have questions or changes. Please pass along to Gas Control. Thanks,	OFO's For Reliant Energy
Shelley, Alma Green ordered some boxes from archives and in them I found the worksheet and confirmation of Phase III receipt points for FPL. Would you like us to fax this to you? Please let me know. nb	FPL
Shelley- Attached is a file with a page for each month showing cash in's and cash out's with totals for each and detail of each. These are volumes after bookout. I pulled this information from TSS Invoicing for each month and sorted it by volume amounts. The majority\minority categories are based on the numbers of customers that were in either cash in or cash out, rather than on the volume. If the majority\minority categories are based on volume, then three months change: Oct 00, Nov 00, and April 01. Let me know if this is what you needed or if there are other reports I can pull. I will also send this to Jim Studebaker, maybe he can incorporate it into his spreadsheet of prices. Galen	Cash In\Out Aug 00 to Jul 01
I thought that you might be interested in our new monthly newsletter, ENERGY COMPETITION STRATEGY REPORT. It contains detailed strategies on how to tackle the complex challenges of deregulation. Topics covered include customer education; retail marketing; telecom and other value creation strategies; investor relations; marketing programs that land big commercial accounts; CIS and related information technology challenges; new services and creative ways to package them; relationship-building with regulators, customers, and employees; and much more. To receive a 3-month, no-obligation free trial and a $100-off charter discount, just e-mail your mailing address, phone and fax number to nhi@nhionline.net or call 1-800-597-6300 and mention offer "CSRE51." David Schwartz Publisher NHI Publications	Deregulation
Shelley: Attached is the start of the communications plan. There are many more issues to cover but the balance will be how much detail to provide executives. Let me know where you want to go from here. Brad I will be sending this to the group (Scott A., Jean M, Toby, John. B, Kim P) for further comments.	Critical Business Applications for Customer Communications and Transactions
I am getting ready to send out an all holders update. Please let me know if you need paper copies of the updated sheets. Due to the number of filings involved, I will not be able to send these out email. Zelda	Updated Tariff Sheets
During the March 7 meeting we reviewed the 'Proposed Accounting Timeline', which is part of the Project Update dated March 7, 2002. The proposed timeline at the bottom of the page shows that 'Imbalance Trading Ends' on the 16th calendar day of the month. GISB Standard 2.3.41 states that imbalance trading should be allowed through at least the 17th business day of the month. The language of the standard is as follows: "Standard 2.3.41 -- Transportation Service Providers should provide the ability to post and trade imbalances until at least the close of the seventeenth business day of the month."	RRS - Proposed Accounting Timeline
The Rate Case Refund project is going extremely well and we are actually ahead of schedule. Rita Bianchi and Raetta have been working together to coordinate the refund process. We have had no significant problems and have been able to overcome any obstacles that have come up. Expect no problems in refunding this $2.4 million to our NNG customers. The TW contract management and capacity release systems are working fine with very few exceptions or problems. Once again, we have been able to correct any issues in a very timely manner. The implementation has proven to be quite smooth and successful. The meeting with TECO yesterday went well. We presented our information, showed them our systems and answered their questions. They left as happy customers...	FYI - Good News: Brief Updates
Following is info on BPS, Pipeline Segment and EC meetings in April / May. FYI - On the Triage call this afternoon, Kim announced the following BPS schedule for dealing with the recall order: Wed 4/3 conference call 8:30 - 12:30 central - agenda - only to identify the issues and not to work on any of the issues at this point Wed/Thurs 4/10 - 4/11 face to face @ Con Ed in NYC Wed 4/24 conference call 8:30 - 12:30 central Tues/Wed 4/30-5/1 face to face in Houston - probably @ CMS Kim indicated that on the 4/24 call we'd know better what additional meetings might be needed. I suggested that since the Technical and IR are meetings are in Houston Mon May 13 (Tech) and Tues/Wed May 14-15 (IR), that if there needs to be another face to face about that time, that we could possibly have it that Thursday and Friday (May 16-17) in Houston. Stay tuned on any dates after the May 1 meeting. Kim is going to try to have the NAESB office post this schedule this afternoon. ** Kim also asked me to remind everyone about the Pipeline Segment meeting to prepare for the BPS meetings (see her e-mail of 3/15/02)	Order RM96-1-019 (Partial Day Recalls) - BPS Schedule is Official & Pipeline Segment Meeting
Just an fyi on this, last week I spent a considerable amount of time with Kim and her team going over strategy, both financial and commercial for the TransPecos deal. Kim knows TW's financial condition and knows how we were planning on working around it. Expect a big push from their side on this. Kevin	TransPecos
Steve and I have been asked whether we will be signing the documents that you previously signed or whether they should continue to go you. If the officer status is not required for TPA's, Electronic Information Access, Transportation Contracts etc, we'd be happy to pick up the responsibility. Let us know which direction you'd like to go and we will inform the group. Brad	Agreement Signatures
Shelley, By tomorrow morning I am pretty sure I can have the period Aug 2000 through Jul 2001 Cash In/Out reconciled (roughly) with the PNR and the large PPAs accounted for for each month. Attached is what I have summarized so far. Please go to the last worksheet tab called "SummaryCashInOutStats". I have also finished summarizing within each month the total Cash Out qty and the total Cash In qty and priced each at the appropriate cash in/out price. Since the imbalance quantities are broken out, the actual cash settlement per customer will vary some from actual as the cash in/out mechanism nets the quantities by customer first before applying a cash in/out rate to that customer. Thx, Jim	Monthly Cash Out Reconciliations
The time is blocked for Michelle Lokay and Paul Y'Barbo, tomorrow from 2:00 until 3:00. I still need to let them know the subject. I will also need to schedule one-on-one's with all Marketing Directors when you give me the go-ahead. Have TK and Mike already had theirs? Thank you, Ricki	Meeting Scheduled
Attached is a report comprised of those entities on which you serve as a director, an officer, and/or an attorney in fact, with the effective date of each such election or appointment, based on our current records. This report is being provided as a courtesy for your information. Please review it at your convenience and call Lori Pinder at x37291, should you have any questions on the domestic entities or Larry Pardue at x55376 with questions on the international entities. Thanks.	Current D&O Report
Shelley, As you know, you have been the primary reviewer and "signer" for our electronic subscriber forms for all three pipelines. Now that you have moved on to TW Commercial, whom do you believe would be best to review and approve these agreements? Rick	Proforma Signatures
Pam Daily would like for you to give her a call about moving to Steve's old office. She said she was getting the information second hand from Audry and found it quite hard to believe from her, so she would like to hear this from you. Her number is x36135	Moving
Here is a schedule everyone can print out that shows all our games on one page. If you haven't already done so, please bring $20 to the first game. It will be for the treats after each game, a cake for the end of the year party, and the coaches gifts. Thanks Cindy	Pelican Schedule
Shelley, Attached is a draft notice for the reinstatement of the old Shipper Scheduled Quantities report. I will have Legale post the final notice after your changes and approval. Thx, Jim	Draft Notice for reinstating the Sched Qty report
Last night our main 'Server' failed, and we have been working since to restore service. It looks like we lost NO data For the time, you cannot get to your H:, P:, W:, R: (Local Drives) I have no ETA. You will have trouble starting some programs. Terminal Server is UNAFFECTED: Houston Based Data is UNAFFECTED: I will follow up with more news / details later Victor and Paul are available to help get you with anything we can. Thank you for your patience	Portland Computer Problems
Sean: Torrey Moorer in EOL IT group has created the Mid-C DART product on EOL. In the future when a trade is done on EOL, it will be bridged into Enpower Deal Entry. However, although the "DART flag" will be on in deal entry, I believe for now it's informational only, and it's not doing anything to alert the schedulers. I would like to know the rationale for creating this DART product and how you would like the schedulers in Day Ahead group (Cara's group) and Real Time (Bill's group) to see in their applications. If I can get this info from you, I'll work with Enpower IT to put all necessary DART processes in place. Thanks,	Important! DART product
Diana- Just wanted to let you know that I zero'd out 2 deals that will credit your book for February 2001 anmd true us up with PGE so that we can check out. Thyey are (as we discussed last Friday): 510077.1 for 2-1-01 for + $ 4,800.00 511131.1 for 2-2-01 and 2-3-01 for + $ 9,600.00 That's a total of $14,400.00 positive to your books. Any questions, please call me! Virginia	PGE Feb deals
Good Afternoon, I would like to find out where we stand on a year-end market adjustment for Donald to match what he has been offered by BPA. He is struggling and I would like to give him some kind of hope. I would also like your opinion on whether you think it would be more beneficial for him to stay in the Specialist pool or to try for the Sr. Specialist pool. Thanks,	Market Adjustment for Donald
*** NEW LOCATION*** Hello, Everyone - This confirms the next meeting of the RTO West Regional Representatives Group (RRG) for Friday, November 9, at the Kingstad Meeting Center, Room F. The meeting will start at 8:30 a.m. and by 12:30 p.m. The Kingstad Meeting Center is in the same building as the RTO West administrative office. We will meet in the same room we used for the PJM-LMP Congestion Management briefing with Seabron Adamson and Andrew Ott on October 23. Coffee, pastries, and jiuce will be served. The address of the Kingstad Center is 5933 NE Win Sivers Drive, and as most of you know, it is located about three miles directly east of the Portland airport. Go about three miles east on Airport Way and take a right on Win Sivers Drive and right again at the second driveway. Parking will be available in Kingstad marked spaces as well as overflow parking in the Leatherman's lot across the street. If you have any questions about the logistics for the meeting, please call Judy Welch at (503) 262-9421. Early next week I'll send out an agenda for the meeting. Have a great weekend. - Bud	Confirmation of November 9 RRG Meeting at New Location
Sean: Torrey Moorer in EOL called regarding the setup of Mid-C "Dart Product" ( I might be mis-spelling). He advised you have been asking IT to get this created. Would you let me know the nature of this new "product"? Risk might need to set you up in some systems in order for everything to be working right. Thanks,	Mid-C "Dart Product"?
Diana and Sean: Attached please find the latest prior month adjuments to be entered in your P&L for 10/31/01. The total amount will be -$206,492.82, primarily due to demand charge liquidation adjustment (-$204,999.92) for deal 555367.1. I have researched on this item and believe it is valid. Please also note the attached file is preliminary. There could be more to come from Settlements between now and month-end. I'll update you if that happens. Please take a look at the items listed now and let me know if you have any questions. Thank you,	Prior Month Adjustments going into 10/31 P&L
Sean, We have our Super Saturday's coming up on Nov 10 & Nov 17. We need more interviewers for the 10th. I would really appreciate your commitment for Saturday the 10th. The day will begin at 8:30 and will be completed by 4:00 PM. Both breakfast and lunch will be served. Would you be available for the 10th or would the 17th be better? Give me a call with any questions! Julie K x7404 PS: Sean (your man from Univ of O) will be coming on the 10th. You might want to come and root for him!	Help Needed
Attached are EPMI's comments that I will deliver orally on Monday afternoon at the FERC. I am also attaching some backup slides, a listing of who will be on the two panels, the statement by Naeve on behalf of PGE, and statement Tabors on behalf of a TFG subset. I want to re-read Tabors one more time but I expect that will we sign on in support. Alan Comnes	West Wide Mitigation Technical Conference
*REMINDER* We have not yet received your feedback. Your input is very valuable and to be included in the participant's summary report, it must be received NO LATER THAN CLOSE OF BUSINESS on Wednesday, October 24, 2001. Without your feedback, the participant may not receive a summary report or be eligible to attend the program.	TIME SENSITIVE: Executive Impact & Influence Program Survey
Mr. Crandall, It's Chris Murphy here from UofO. I have a few questions that I forgot to ask during the interview. If you have the time to answer them I would very much appreciate it. Are new employees given demo accounts to paper trade the markets prior to live trading? If I were to be selected I would like to begin to watch the energy markets so that I can get a feel for them. Do you know of any good information and news sources that I could subscribe to in order to get charts, volume, open interest and other pertinent data? Also, do you know of any good books that are devoted exclusively to trading the energy markets? I am very excited about this wonderful opportunity and I hope to be selected for Super Saturday. Regards,	Enron Questions
EPMI's request to participate in the 29 Oct 01 FERC conference was granted. I will be on one of two panels and I will be given 5 minutes to give a statement. Please review the attached draft statement / talking points for EPMI and PGE and get me comments by COB Monday. One question is whether we need to change what PGE is proposing to say in light of our position (rule certainty, make any changes to caps consistently accross the WSCC). I will be meeting with the West Desk folks on Tuesday morning (schedules permitting). Please let me know if you want to participate in that meeting. Here is who I think will be on these panels thusfar: California Rep. Anna Eshoo (D Atherton) Pacificorp Allegheny Supply (anybody know who might be speaking for them?) Powerex/TGF Richard Tabors (note that Enron is a member of TGF but has made it clear it is not funding this effort) PGE Mike Naeve EMPI Alan Comnes CAISO Puget Energy - Kimberly Harris and 5 other parties BPA and WPTF will not be speaking. I was told Commissioners "may" be present. Alan Comnes	29 Oct 01 FERC Conference on Westwide Mitigation
At Jim Steffes request, I have assembled a matrix of the status of current emerging RTOs/standard markets in North America. Sarah, could you look at the "next steps" and let me know if I missed anything major? Also, does any body know if EPSA or some other organization is maintaining a similar overview database. (FERC's site is out of date). I will keep the latest version of this on the 0:\public affairs\RTO information database directory. Alan	RTOs and Emerging Pool Markets--North American Overview
The ICE is currently experiencing technical difficulties. The system is be= ing recycled and should be available by 10:15 EST. All pending orders are = being removed from the system. = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = =	IntercontinentalExchange System
When: Wednesday, October 17, 2001 9:00 AM-9:30 AM (GMT-08:00) Pacific Time (US & Canada); Tijuana. ~~~~~~~~~ The current plan is to not have a separate Enron witness but to participate with a group of marketer/generators. The planned speaker on behalf of this group is Richard Tabors. I would like to caucus with you to make sure we're ok with this.	Westwide mitigation--29 Oct Workshop
We are in a lending agreement with PGE for 19 MW on light load, and 75 MW on the heavy load. You will see us short this amount in the RT position manager for 10/11 Please Buy to fill this short at the MidC, for the STNW book. Deal # 812532.1 is our sale to PGE on LLH, Deal # 812531.1 is our sale to PGE on HLH. Please see Sean, Diana, or Myself with any questions. Cara	We Are Short at the MidC for 10/11 ALL HOURS
Fall Recruiting for Associates & Analysts is here once again and you have been elected to participate in our Super Saturday Event! This year, the onsite interviews are scheduled for two Saturdays in November. On each Saturday, the top 9 - 12 candidates from our local schools will be present. This will help tremendously with our cross-calibration process. The dates and schools are as follows:	Super Saturdays!
A Reminder to all Power and Natural Gas Traders: = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 IntercontinentalExchange has launched financial swaps settling against our = Power and Natural Gas indices. Two new products, NG Fin Sw Swap, FP for IC= E and Fin Swap-Peak, FP for ICE are now listed for the Henry Hub in Natural= Gas and for Cinergy and PJM-West in Power. Please include these new marke= ts in your portfolios. = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = =	New Products for Power and Natural Gas
* IMMEDIATE ACTION REQUIRED - Do Not Delete * Executive Impact & Influence Program Dear Sean Crandall, As part of the Executive Impact and Influence Program, each participant is asked to gather input on the participant's own management styles and practices as experienced by their immediate manager, each direct report, and up to eight colleagues/peers. You have been requested to provide feedback for a participant attending the next program. Your input (i.e., a Self assessment, if you are a participant in this program, Manager assessment, Direct Report assessment, or Colleague/Peer assessment) will be combined with the input of others and used by the program participant to develop an action plan to improve his/her management styles and practices. If you are providing feedback as a Manager of the participant, please note that your feedback will be identified in the summary report. It is important that you complete this assessment NO LATER THAN CLOSE OF BUSINESS on Wednesday, October 24, 2001. To begin the online administration process, you will need the following Internet address and Password(s). NOTE: If you are providing feedback for more than one person, each password and participant name is individually listed below. Open your Internet browser e.g., Internet Explorer or Netscape Navigator, and please type or copy the URL address below into your Internet browser (please DO NOT go through Lotus Notes): www.fsddatasvc.com/enron RQETFJ (Stewart Rosman)	TIME SENSITIVE: Executive Impact & Influence Program Survey
Today, IntercontinentalExchange launched financial swaps settling against o= ur Power and Natural Gas indices. Two new products, NG Fin Sw Swap, FP for= ICE and Fin Swap-Peak, FP for ICE are now listed for the Henry Hub in Natu= ral Gas and for Cinergy and PJM-West in Power. Please include these new ma= rkets in your portfolios. = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = =	IntercontinentalExchange Index Swaps
Here are some details you will need to know for the golf tournament sponsored by Calpine on October 12 at the WSPP event: 1) When you arrive at the Coeur d'Alene Resort please check your golf clubs with the bell captains. They will be tagged and delivered to the golf course prior to your tee time. 2) Time: We will be shuttled to the course in the resort "Eagle" shuttle boats starting directly after the meeting concludes Friday Oct. 12 around noon. 3) Dress code: nice golf attire, soft cleats (please come to the meeting Friday morning ready to go to the course). 4) The Coeur d'Alene Resort has a mandatory caddy program, a $20 tip is recommended by each golfer also, bring some cash for the beer/snack cart if you wish. 5) Box lunches will be provided for you on your carts at the beginning of the game. 6) We will be playing a scramble game - so plan to have some FUN! This is a beautiful world class course, enjoy.	Details on Golf Tournament Oct. 12
We are short at PGE system for Wednesday, 10/03/01. HE7-22pdt, we are 25mw short (total of 400mw). This is due to a lending deal done by the NW Cash desk. Please supply Portland at their system in the most cost effective manner possible. Deal #799806.1 Thanks,	Short due to lending at PGE System for Wednesday, 10/03.
Please join us for a Consensus Meeting regarding Ryan Slinger. Bill is interested in bringing Ryan into the Associate / Analyst Program as an Analyst II. We would like to make sure that our senior trading staff agree with this move. The meeting will be held tomorrow, Tuesday, 10/2/01 in the Mt Rainier Conference Room at 10:30 AM.	Consensus - Ryan Slinger
In this issue: - Feature: Power Semiconductors - Still Flying Below the Radar - Independent power producers fell after AES revised earnings downward. - All the news, commentary, and earnings reports, plus price performance and valuation charts. <<prometheus010928.pdf>> Best regards,	The Prometheus File - Energy Technology Weekly 10/01/01
Arun is going to have to bring down the Curve Manager due to these issues: No 10/31/01 or 11/1/01, due to this ST is having to mark 12/1/01. Arun is going to fix these issues: he will have to bring it down and then back up. In about 20min (10:45) please log out and login -> then check to see what needs to be remarked. Thanks,	Curves 10/1
Sean, In a scheduling error we were forced to bookout a deal with PGE($18.50) for the 25mw short HE 19 on 9/28. I apologize for the error. Give me a call if you have questions.	pge short
Tonight, all 1-month West Power products will be un-tokenized. This means they will no longer roll automatically on the last day of the month (on October 1st, your November product will not change to December, but will remain November). Please contact us should you have any questions.	Untokenizing 1-Month West Power Tonight
Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,	Hourly Palo Definition resent
Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,	Hourly Palo Verde definition
Attached is the Daily Termination List for January 25 as well as the Master Termination Log, which incorporates all terminations received through January 25. The following were previously on the Master Termination Log and have now been marked as "Y" for a valid termination: Atlantic Coast Fibers, Inc. ENA pulp/paper transactions CNC-Containers Corporation EPMI master power agreement Public Utility District No. 1 of Chelan County EPMI deal no. 757497.01 Connect Energy Services, Inc. ENA liquids agreement NGL Supply, Inc. (including Premier ENA/EGLI physical & financial transactions referenced Energy Partners, a division of NGL Supply, Inc.) Plains Marketing, L.P. ERAC deal no. QG4563.1 Plains Marketing, L.P. ERAC deal no. QG4482.2	Master Termination Log
Sean: Per Gary's instruction, please sign and notarize this additional declaration. Then fax to me at (202) 662-3910 as soon as it is notarized and deliver to CRA by next day air. We must have a faxed copy no later than noon Portland time and it would be great if it was earlier. Thanks,	Case in Chief Crandall Declaration
Diana and Sean: Just wondering if you happen to know how the scheduling volume in these two deals work? I believe when we liquidate at the beginning of this month (for example, 8/2) , the volume was zero in stead of 50MW/hr in scheduling. Would you advise how the "timing" of entering the volume in scheduling was determined? I am asking because it looks like for the first few days of this month we didn't liquidate anything because at the time the volume in scheduling was zero. If somebody added the volume later, we will need to know in order to correct total liquidations before the "incomplete liquidations" get to Settlements at month-end. Please advise, thanks!! !	STNW deal#519874 and 519875 w-PGE
Sean: I have been looking at the -$141K P&L hit in "Other Changes" on 8/13/01 you were inquiring about. The biggest "contributor" of this hit is the restructured Modesto deal # 520328.3, which alone caused -$130K in Other Changes (a.k.a. 2nd Order in financial terms). I believe what happened is that Matt re-marked the daily volatility curves down by a significant magnitude on 8/13/01 (* please see curve managers for the change). Usually when volatilities changed drastically they would disrupt financial evaluation models and more likely to cause a change in deal value by factors which cannot be explained (i.e. Second Order). This doesn't necessarily mean that the evaluation is incorrect but just that there will be some value change for which the models cannot pinpoint the reasons. Anyway, for this basis option deal you lost $94K on 8/13, and this -$94K can be broken down into Curve Shift (-$19K), Gamma ($1.5K), Vega (70K), Theta (-16K), and Second Order/Other Changes (-$130K). I looked at the curve change and interest rate change between 8/10 and 8/13 and they are relatively insignificant, but the drastic volatility mark down makes me feel that your losing money in this deal is somewhat consistent w/ what we should expect. I am still working with IT to see if we can nail this down to give you a more specific explanation. In the mean time, if you have any thoughts or concerns, please feel free to let me know. Thanks,	-$141,000 P&L hit on 8/13/01
Just a round robin regarding the day ahead transfers to real-time for parking and lending and the fees associated with it. Please let me know if you can't attend. Diana	MEETING @ 2:00 MT.HOOD
Diana - I have the following charges on BPA's revised final bills and was wondering if you could tell me who's books these should go on? October 2000 $ 3,214 February 2001 $ 4,153 I spoke with Corrine Surface at BPA and learned that these charges are being applied given the following situation: On October 10, 2000 and February 1, 5, and 6, 2001, our Real-Time group called BPA to reserve transmission for some schedules. Our R-T guys requested tranny using account numbers (such as 794811) that were for day-ahead firm transmission, thus entering the field of Unauthorized Increase Charges (incurred at $12,000/MWh) . Since BPA did not go over the structure of the product in that account, they are not going to charge us the $12,000 per MWh, but since we did get firm transmission, we will have to pay the $59/Mwh for the firm; hence the above charges. I understand that you have also spoken with Corrine at BPA and were going to talk to Bill. Can you let me know where these charges need to go? (Bill - Diana is out this week, so if you have already talked to her about this, please let me know) Thanks, Virginia	BPA charges
Good Morning, NOB is derated to Zero for HE 5-12 for Saturday July 28th. Our Downstreams at NOB are cut to zero for those hours, and the deal numbers have been changed and noted in scheduling. The deals are: Nevada Power 423713.1 BPA 459815.1 LADWP 579025.1 and 548842.1 Special Conditions on LDWP deal 541395.1 require that we re-supply them at a different and mutually agreed upon delivery point. Sean and Art from LDWP agreed that this alternate delivery would be COB, and this deal has been adjusted to show HE 7-12 is at COB N/S now. Please see me if you have any questions regarding these deals. Cara	NOB curtailments for 7-28 affecting multiple deals
Sean, When you get a chance, please let me know if you would like me to put in that annuity for Modesto or if you want to put it in. Let me know if you have any questions about the spreadsheet that I sent to you. Virginia	Modesto
Kroum has developed a new Forward Obligation Report, which will allow us to capture all term deals, desk-to-desk and all scheduling changes. Both Heather Dunton and I have tested it in stage and will be pushed out to production soon. Once I have the date I will forward it to all of you. It should be within the next couple of days. I will also show all of you how to run the report to capture the criteria we need to do our swaps. diana	Forward Obligation Report
Yesterday we received a letter from BPA under which BPA terminated two of its agreements. Ed, Harlan and I discussed some aspects of this earlier today. Some additional information that Steve Hall and I just discussed is summarized below. The effect of this termination on our power scheduling is that the West Desk is now short by 202 MW over its earlier position. After termination the contract positions are: COB: 150 MW on peak (purchase from BPA) 200 MW off-peak (purchase from BPA) Mid-C: (339) MW on peak (delivery to BPA) (238) MW off peak (delivery to BPA) Terminated contract numbers: 97 PB-10123 (Wauna/James River) 98 PB-10277 (Firm Power Sale) The termination fo the Wauna/James River contract presumably also terminates the "book out" agreement negotiated earlier this year, and increases our net short position to BPA.	BPA Termination of Contracts

According to HR Reports, you have 112 hrs. vacation remaining for 2001. Please keep in mind that you may only carry over 40 hours vacation. If you believe this number is not correct or you have any questions please contact Tamara at x36583 or Nyree at x54035.

2001 Vacation Balance

Hi Monika, It was great to see you at our annual conference. I hope that you had a good time and enjoyed the services we provided. Let's keep in touch and let me know if I can provide any help for you in the future. Best,

Good to see you

Please note that I will be out of the office Monday, November 12th, as a vacation day. If you should need me, I can be reach at home or via my cellular. Thanks. Karen

Vacation day

Dear Team, Attached is the updated price forecasts of the forest products commodities. Following analyst's forecasts have been updated: BMO Nesbitt Burns CIBC World Markets CSFB Salman Partners If you have any questions, please let me know. Thanks,

Price Forecast Update

p a p e r l o o p . c o m d a i l y n e w s s e r v i c e Welcome to paperloop.com, the premier information and exchange service for the pulp, paper, converting, and printing industries. THURSDAY, Nov. 15, 2001

paperloop news for Thursday, Nov. 15, 2001

Elizabeth, Andrea and I are scheduled to meet with Ray Bowen on Monday to review fundamentals trends and developments. To prepare for this meeting I need three things from you, today: The monthly benchmark prices (whether RISI, P&PW, Random Lengths or whatever) for your key product for this year starting with January, and coming up to date. Your forecast of those prices by month for the next six months. I need you to come by my desk some time today so we can spend a few minutes discussing current trends in your market. Thanks,

meeting with Ray Bowen

Dear Ms. Causholli, we thank you for the interest shown in our activities. Following to your request we inform you that the MBA brochure has already been sent to you along with the application form. Besides, we would like to inform you that you can consult our course description at www.sdabocconi.it and calendar of our information session at www.sdabocconi.it/ad/en/md/calendario1.html For any further information, please, do not hesitate to contact us. Sincerely,

SDA Bocconi - Masters Division

Dear Ms Causholli, we thank you for the interest shown in our activities. We apologise to you. I wrote to you that i sent the MBA brocure. It was a mistake.Following to your request we inform you that the MIEM brochure has already been sent to you along with the application form. For any further information, please, do not hesitate to contact us. Sincerely,

SDA Bocconi - Masters Division

Please mark your calendar with a Pulp Weekly Meeting scheduled by Rodney Malcolm for every Monday at 9:00am to 10:00am in conference room ECS 04075. The London team will be participating via video conference. Thanks,

Pulp Weekly Meeting - REMINDER

Hi there, Morela called to asked to be removed from all EIM distribution lists, (eg. Price Forecasts, FOEX, etc). Can you ensure her name is removed from your personal distribution lists? Thanks,

Morela Hernandez - remove from distribution lists

Thank you for your interest in employment opportunities at Tenaska. Your resume has been received and will be reviewed. You will be contacted if your qualifications meet our position requirements. Sincerely,

Your resume has been received

The November 2001 - Printing and Writing Papers Supply and Demand report is now available on Economics Online. www.pppc.org/econ/. Section Supply and Demand Forecast / Should you have any questions concerning the content of this report, please do not hesitate to contact Martine Hamel-Director, Market Research at (514) 861-8850 or by e-mail at mhamel@pppc.org. For questions or comments concerning Economics Online, please contact:

November 2001 - Printing and Writing Papers Supply and Demand

Monika - I received some info today in the mail regarding a new master of science program in quantitative financial economics. It is being offered by Oklahoma State University and they have a lot of money for financial support. Perhaps you should consider it. If you send me your address, I will mail the information off to you today. Have a great Thanksgiving. Jim

Your address

Dear Team, The electronic copy of this week's PPW has not been published at this time. I will keep you posted as soon as it is available. Thanks.

PPW THIS WEEK

The North American Printing & Writing Papers Statistics - Flash Report for October 2001 is now available on Economics Online at www.pppc.org/econ/ , in the section Flash Reports. Should you have any questions concerning the content of this report, please do not hesitate to contact Paul Leclair Analyst - Finance and Markets at (514) 861-8834 or by e-mail pleclair@pppc.org. For questions or comments concerning Economics Online, please contact:

North American Printing & Writing Papers Statistics - Flash Report for October 2001

Hello Team, The FOEX PIX Paper US Benchmark Index for newsprint fell to $506.16 this week, down $4.71 from last week. In the months of October and November, the FOEX PIX Paper prices have oscillated between falling and stabilizing. Ayesha

FOEX PIX Paper

p a p e r l o o p . c o m d a i l y n e w s s e r v i c e Welcome to paperloop.com, the premier information and exchange service for the pulp, paper, converting, and printing industries. TUESDAY, Nov. 27, 2001

paperloop news for Tuesday, Nov. 27, 2001

This is an automatically generated Delivery Status Notification. THIS IS A WARNING MESSAGE ONLY. YOU DO NOT NEED TO RESEND YOUR MESSAGE. Delivery to the following recipients has been delayed. tom.bruce-jones@enron.com jeff.kabel@enron.com joern.schmidt@enron.com jonathan.schube@enron.com

Delivery Status Notification (Delay)

Monika, As it looks like I may have a slow day today, I was wondering if you could forward your most recent copy of the Itochu analysis for review? Thanks. KC

Itochu Company Analysis

NorskeCanada announced today plans for additional curtailment for the first quarter of 2002 at its B.C. paper operations, as weak economic conditions have reduced demand for the company's products. Norske is planning to shutdown 2 paper machines until market conditions improve. No. 3 paper machine at Port Alberni and No. 1 paper machine at Elk Falls are currently scheduled for shutdown in the 1Q02. A third paper machine, No. 1 at Crofton, is also planned for shutdown during the month of January. This translates into about 34,000 MT for 1Q02 at Elk Falls (since Port Alberni produces mostly directory) and about 12,000 MT at the Crofton mill for January. Given the uncertain economic climate, the company will review curtailment plans monthly so it can be quick to respond to any upturn in market conditions. Please find the Downtime database for 2002 attached below. Ayesha

Norske Downtime for 1Q02

Please Note: "Applied Risk Management Principles", scheduled for November 30th is cancelled. We apologize for any inconvenience this may cause. Please check elm.enron.com for the '02 schedule. Thank you.

CLASS CANCELLATION - Applied Risk Management Principles - Nov 30th

We are in need of the following information: Emergency Contact Name: Emergency Contact Phone: Please update this information by going through eHRonline or email me with the information. Your cooperation is appreciated ! Thanks,

Important Information Needed!!!!!!

Dear Team, Advance Publications' The Star-Ledger of Newark, N.J., is struggling to find $10 million to slash from its budget because many of its key retail advertisers have filed for bankruptcy or cut their spending. The Star-Ledger still promises to honor its famous handbook pledge not to lay off any of its nonunion employees due to a bad turn in the economy. The Star-Ledger also canceled its Christmas party, has closed a small satellite office in Newark, is offering buyouts to selected employees, and will decrease the amounts of its annual raises and bonuses. The Star-Ledger has a 410,547-weekday-circulation newspaper and about 132,449 MT in newsprint consumption. The carnage continues as the loss of advertising dollars plagues newspapers.

newsprint update, 11/27

Monika, I found the Jacobs-Sirrine proposal on the fiber study; you can get a copy from me. They included a matrix on which they would display various fiber characteristics, which I'm attaching. Cecil and I went over it and he suggested some changed, which are incorporated here. The only one he wants to add that isn't reflected here---but which we need to tell them---is that we want to know why each quality parameter (the column headings) is important to each major end-use (paper grade) application.

fiber morphology study

This is an automatically generated Delivery Status Notification. THIS IS A WARNING MESSAGE ONLY. YOU DO NOT NEED TO RESEND YOUR MESSAGE. Delivery to the following recipients has been delayed. tom.bruce-jones@enron.com jeff.kabel@enron.com joern.schmidt@enron.com jonathan.schube@enron.com

Delivery Status Notification (Delay)

Warriors, let's get drunk! How would you like to host your very own Halloween Party at BARHouston? On Halloween Wednesday, BAR will be having our 2nd Annual Masquerade Ball! This years Ball will be a BAR LIVE event with Houston's Hottest Female Recording Artist "The Sheila Marshal Band." To celebrate the occasion, we will be offering 30 lucky customers a chance to host their very own Halloween Party from 8-10pm that evening! You and your guests will receive Free Draft Beer, Wine and Soda. And the kicker is, the host with the most costumed guests showing up to their party will win a $100 bar tab that night for after the party. Email us ASAP, because we are only reserving 30 parties! If you just want to come later and enjoy the show, we will be having $8 buckets of Miller Lite and a $500 Costume Contest. If your not scared that is!!!!!!!!!!!!!!!!!!!!! !

BAR- HALLOWEEN WEDNESDAY

Hi Monika, It was great to see you at our annual conference. I hope that you had a good time and enjoyed the services we provided. Let?s keep in touch and let me know if I can provide any help for you in the future. Best,

Good to see you

Dear Team, The Fundamental Analysis Team is developing a presentation database that will: Creating a centralized repository of presentations that are current for each commodity group Better document management - multiple users can simultaneously view and select various slides. This will increase speed of presentation development since users can email their selected information to the development team. Add to Cart feature - allow employees to select the slides they need from various presentations and email it to their inboxes. Provide standardized formats and up-to-date information We are in the process of developing a program that will encompass the benefits above. In the meantime, a temporary database has been created in the o:/Industrial Markets/Fundamentals/Presentation Database. The database is divided in to commodity groups and specific topics. Please forward me any presentations that you are currently using and I will add them to this database. If you have any questions, please call me. Thank you,

Presentation Database

You are on the waitlist for the above class held Thursday and Friday (Nov. 1-2) from 8:00am-5:00pm both days. I just received a cancellation. Please respond ASAP to this email if you would like to be included in the class?? Thanks,

Derivatives II - 11/1

REMINDER!!! You are enrolled in the following. Derivatives II November 1 & 2, 2001 in EB552 8:00 am - 5:00 pm (both days) Please complete the following quizzes and bring to class Please be on time

Derivatives II

The International Coated Mechanical Paper Statistics - Flash Report and the International Uncoated Mechanical Paper Statistics - Flash Report for September 2001 are now available on Economics Online at www.pppc.org/econ/ , in the section Flash Reports. Should you have any questions concerning the content of this report, please do not hesitate to contact Paul Leclair Analyst - Finance and Markets at (514) 861-8834 or by e-mail pleclair@pppc.org. For questions or comments concerning Economics Online, please contact:

Intl Coated Mechanical Paper Statistics and Intl Uncoated Mechanical Flash Report September 2001

The North American Printing & Writing Papers Statistics - Flash Report for September 2001 is now available on Economics Online at www.pppc.org/econ/ , in the section Flash Reports. Should you have any questions concerning the content of this report, please do not hesitate to contact Paul Leclair Analyst - Finance and Markets at (514) 861-8834 or by e-mail pleclair@pppc.org. For questions or comments concerning Economics Online, please contact:

NA Printing & Writing Papers Statistics - Flash Report for September 2001

Dear Team, The following company analyses have been completed. These are posted on the web site under each company as "company analysis". ASIA Asia Pacific Resources CellMark Coca-Cola Malaysian Newsprint Industries Marubeni Pan Asia Paper Singapore Press Holdings Stora Enso EUROPE Arjo Wiggins Appleton Duni AB Frantschach Grupo Empresarial ENCE LATIN AMERICA Aracruz Arauco Copamex Durango Votorantim NORTH AMERICA Allied Waste Bowater Cascades Casella Waste Centex Corp. Domtar Dow Jones Gaylord Container Georgia Pacific International Paper KB Homes Louisiana Pacific Mead Newark Group Norampac Pope & Talbot Potlatch Pulte Corp. Republic Services Group Rock-Tenn SAPPI SCA SmurfitStone Container Corp. Tembec Temple-Inland Waste Management Weyerhaeuser Willamette Industries Thank you,

Company Analysis

Good morning everyone, Timesheets are due once more, please let me know if you have any exceptions (vacation, sick...) for Oct. 15 -31 pay-period. I would really appreciate your input by 3 pm, today. If your time is regular, simply reply with "no exceptions".

Timesheet for Oct 15-31

The attached spreadsheet contains a preliminary analysis of projected capacity growth for Indonesia through the year 2005. While I feel reasonably comfortable with the numbers and the timing of projects coming online, some additional work will be required to gain 100% confidence in this information. This should be completed within the next two weeks. In addition, as the trend of replacing mixed tropical hardwood with higher quality plantation acacia is already underway, I will make an attempt to identify the timber resources of the largest market pulp producers and when they anticipate initiating production of acacia pulp. Given the scope of this project, it may require several weeks to complete. Finally, I'm considering implementing a monitoring system similiar to the one already covering the Brazilian producers so we can accurately track activity by the Indonesian producers. The information I've seen from PPPC, and particularly RISI, does not appear to be very accurate. However, if anyone has an alternative source for shipments, production, inventory, etc. data, I'm open to suggestions. In any case, I hope this assists in shedding some light on an otherwise difficult region, and, as always, I welcome your feedback. Thanks. Karen

Indonesia Pulp Capacity

The North American Communication Papers - Short Term Supply/Demand Forecast for 4th QTR 2001 is now available on Economics Online. www.pppc.org/econ/ in section SUPPLY AND DEMAND FORECASTS (pdf) - NA Communication Papers Forecast. Should you have any questions concerning the content of this report, please do not hesitate to contact Martine Hamel, Director Market Research at (514) 861-8850 or by e-mail at mhamel@pppc.org. For questions or comments concerning Economics Online, please contact:

North American Communication Papers - Short Term Supply/Demand Forecast for 4th QTR 2001

Here are the updated files with the total throughput for both TW and NNG as well as the TW EOT Revenues. Note that the Burlington contract #25025 under the SJ tab really should belong under the EOT tab. However, since you already provided the SJ spreadsheets, I went ahead and deleted from the EOT spreadsheet that Jeanette forwarded to me). Please let me know if you have any problems.

Update Files for Total Throughput and TW EOT Revenues

Here are the preliminary reports ready for your review. I have done a thorough analysis on Items 2 and 3 and feel very confident with the data. I will be finalizing my review of contract volume data in Item 1 no later than tomorrow and will advise if any changes are necessary. TK - Please update the daily rates for contract 27495 (Astra) and verify the rates in blue. Additionally, please verify that the discounted IT rates for contract 20248 and 22136 are correct as billed (it doesn't appear that these discounts appeared in the daily transactional report postings). I need all updates/comments no later than COB Monday, 10/29/01. Thanks,

September 2001 FERC California Report - Preliminary Ready for Review

Shelley, Sheila, and Galen, Attached is an excel workbook with worksheets for each individual month's imbalance calculations. Please call or email if you have any questions. Thx, Jim

Imbalance worksheets

The following reports have been waiting for your approval for more than 4 days. Please review. Owner: Sheila M Nacey Report Name: Nacey/October Days In Mgr. Queue: 4

Expense Reports Awaiting Your Approval

Shelley, Sheila, and Galen, Attached is the spreadsheet with the revised imbalance quantities in it. I will send you all the individual monthly imbalance calculations soon this morning. Jim

Revised Prices and Imbalances worksheet

Hi, Shelley. As SPRC chair, I wanted to visit with you sometime over the next couple of days about this janitorial situation. Ernie supplied me with the prototype letter you prepared, as well as your comments about the independent contractor legalities, responsibilities, etc. I could use your advice on this subject to ensure the correct decisions are being made.

AUMC

UNITED STATES OF AMERICA FEDERAL ENERGY REGULATORY COMMISSION Texas Gas Transmission Corporation Docket No. RP01-278-002 NOTICE OF COMPLIANCE FILING (October 22, 2001) Take notice that on October 17, 2001, Texas Gas Transmission Corporation (Texas Gas) tendered for filing as part of its FERC Gas Tariff, First Revised Volume No. 1, the following tariff sheets to become effective October 1, 2001: Primary Third Revised Sheet No. 181 Third Revised Sheet No. 182 Third Revised Sheet No. 183 Sheet No. 184 (reserved) Second Revised Sheet No. 185 Alternate Alternate Third Revised Sheet No. 181 Alternate Third Revised Sheet No. 182 Alternate Third Revised Sheet No. 183 Texas Gas states that this filing is being submitted in compliance with the Commission's Order issued on September 19, 2001 in the above-referenced docket. As directed, the tariff sheets removed the daily high/low index price for cash-out. In response, Texas Gas proposes to establish a cash-out price based on a weekly high/low index price determined from the weeks within the applicable month, plus the first week of the following month. The primary and alternate sheets require in-kind make-up of imbalances up to 2% and use the same index price for imbalances above 5%. However, the primary sheets also propose to eliminate cash-out for all imbalances up to 5% by also requiring a mandatory in-kind make-up level from 2% to 5% and by eliminating any use of the 100% price index for this tier of imbalance. Texas Gas states that copies of the revised tariff sheets are being mailed to Texas Gas's jurisdictional customers and interested state commissions.

texas gas tries one more time -- modified cash pool filing

Dannis, Per your instruction, I have issued an Operational Flow Order to Reliant Energy for gas day of Oct 19th. Germaine Grey and Bob Rossi of Reliant Energy have been contacted via phone & fax. I have also prepared the OFO form, the cover letter that contains the OFO tariff language, as well as the fax cover sheet for gas days of October 20th & 21st in the event there is a need to issue an order. If by chance these orders are not issued, please let me know Monday, October 22nd so that I can remove the orders from the TSS system. I will leave this OFO information on your desk in the event you have questions or changes. Please pass along to Gas Control. Thanks,

OFO's For Reliant Energy

Shelley, Alma Green ordered some boxes from archives and in them I found the worksheet and confirmation of Phase III receipt points for FPL. Would you like us to fax this to you? Please let me know. nb

FPL

Shelley- Attached is a file with a page for each month showing cash in's and cash out's with totals for each and detail of each. These are volumes after bookout. I pulled this information from TSS Invoicing for each month and sorted it by volume amounts. The majority\minority categories are based on the numbers of customers that were in either cash in or cash out, rather than on the volume. If the majority\minority categories are based on volume, then three months change: Oct 00, Nov 00, and April 01. Let me know if this is what you needed or if there are other reports I can pull. I will also send this to Jim Studebaker, maybe he can incorporate it into his spreadsheet of prices. Galen

Cash In\Out Aug 00 to Jul 01

I thought that you might be interested in our new monthly newsletter, ENERGY COMPETITION STRATEGY REPORT. It contains detailed strategies on how to tackle the complex challenges of deregulation. Topics covered include customer education; retail marketing; telecom and other value creation strategies; investor relations; marketing programs that land big commercial accounts; CIS and related information technology challenges; new services and creative ways to package them; relationship-building with regulators, customers, and employees; and much more. To receive a 3-month, no-obligation free trial and a $100-off charter discount, just e-mail your mailing address, phone and fax number to nhi@nhionline.net or call 1-800-597-6300 and mention offer "CSRE51." David Schwartz Publisher NHI Publications

Deregulation

Shelley: Attached is the start of the communications plan. There are many more issues to cover but the balance will be how much detail to provide executives. Let me know where you want to go from here. Brad I will be sending this to the group (Scott A., Jean M, Toby, John. B, Kim P) for further comments.

Critical Business Applications for Customer Communications and Transactions

I am getting ready to send out an all holders update. Please let me know if you need paper copies of the updated sheets. Due to the number of filings involved, I will not be able to send these out email. Zelda

Updated Tariff Sheets

During the March 7 meeting we reviewed the 'Proposed Accounting Timeline', which is part of the Project Update dated March 7, 2002. The proposed timeline at the bottom of the page shows that 'Imbalance Trading Ends' on the 16th calendar day of the month. GISB Standard 2.3.41 states that imbalance trading should be allowed through at least the 17th business day of the month. The language of the standard is as follows: "Standard 2.3.41 -- Transportation Service Providers should provide the ability to post and trade imbalances until at least the close of the seventeenth business day of the month."

RRS - Proposed Accounting Timeline

The Rate Case Refund project is going extremely well and we are actually ahead of schedule. Rita Bianchi and Raetta have been working together to coordinate the refund process. We have had no significant problems and have been able to overcome any obstacles that have come up. Expect no problems in refunding this $2.4 million to our NNG customers. The TW contract management and capacity release systems are working fine with very few exceptions or problems. Once again, we have been able to correct any issues in a very timely manner. The implementation has proven to be quite smooth and successful. The meeting with TECO yesterday went well. We presented our information, showed them our systems and answered their questions. They left as happy customers...

FYI - Good News: Brief Updates

Following is info on BPS, Pipeline Segment and EC meetings in April / May. FYI - On the Triage call this afternoon, Kim announced the following BPS schedule for dealing with the recall order: ** Wed 4/3 conference call 8:30 - 12:30 central - agenda - only to identify the issues and not to work on any of the issues at this point ** Wed/Thurs 4/10 - 4/11 face to face @ Con Ed in NYC ** Wed 4/24 conference call 8:30 - 12:30 central ** Tues/Wed 4/30-5/1 face to face in Houston - probably @ CMS Kim indicated that on the 4/24 call we'd know better what additional meetings might be needed. I suggested that since the Technical and IR are meetings are in Houston Mon May 13 (Tech) and Tues/Wed May 14-15 (IR), that if there needs to be another face to face about that time, that we could possibly have it that Thursday and Friday (May 16-17) in Houston. Stay tuned on any dates after the May 1 meeting. Kim is going to try to have the NAESB office post this schedule this afternoon. ** Kim also asked me to remind everyone about the Pipeline Segment meeting to prepare for the BPS meetings (see her e-mail of 3/15/02)

Order RM96-1-019 (Partial Day Recalls) - BPS Schedule is Official & Pipeline Segment Meeting

Just an fyi on this, last week I spent a considerable amount of time with Kim and her team going over strategy, both financial and commercial for the TransPecos deal. Kim knows TW's financial condition and knows how we were planning on working around it. Expect a big push from their side on this. Kevin

TransPecos

Steve and I have been asked whether we will be signing the documents that you previously signed or whether they should continue to go you. If the officer status is not required for TPA's, Electronic Information Access, Transportation Contracts etc, we'd be happy to pick up the responsibility. Let us know which direction you'd like to go and we will inform the group. Brad

Agreement Signatures

Shelley, By tomorrow morning I am pretty sure I can have the period Aug 2000 through Jul 2001 Cash In/Out reconciled (roughly) with the PNR and the large PPAs accounted for for each month. Attached is what I have summarized so far. Please go to the last worksheet tab called "SummaryCashInOutStats". I have also finished summarizing within each month the total Cash Out qty and the total Cash In qty and priced each at the appropriate cash in/out price. Since the imbalance quantities are broken out, the actual cash settlement per customer will vary some from actual as the cash in/out mechanism nets the quantities by customer first before applying a cash in/out rate to that customer. Thx, Jim

Monthly Cash Out Reconciliations

The time is blocked for Michelle Lokay and Paul Y'Barbo, tomorrow from 2:00 until 3:00. I still need to let them know the subject. I will also need to schedule one-on-one's with all Marketing Directors when you give me the go-ahead. Have TK and Mike already had theirs? Thank you, Ricki

Meeting Scheduled

Attached is a report comprised of those entities on which you serve as a director, an officer, and/or an attorney in fact, with the effective date of each such election or appointment, based on our current records. This report is being provided as a courtesy for your information. Please review it at your convenience and call Lori Pinder at x37291, should you have any questions on the domestic entities or Larry Pardue at x55376 with questions on the international entities. Thanks.

Current D&O Report

Shelley, As you know, you have been the primary reviewer and "signer" for our electronic subscriber forms for all three pipelines. Now that you have moved on to TW Commercial, whom do you believe would be best to review and approve these agreements? Rick

Proforma Signatures

Pam Daily would like for you to give her a call about moving to Steve's old office. She said she was getting the information second hand from Audry and found it quite hard to believe from her, so she would like to hear this from you. Her number is x36135

Moving

Here is a schedule everyone can print out that shows all our games on one page. If you haven't already done so, please bring $20 to the first game. It will be for the treats after each game, a cake for the end of the year party, and the coaches gifts. Thanks Cindy

Pelican Schedule

Shelley, Attached is a draft notice for the reinstatement of the old Shipper Scheduled Quantities report. I will have Legale post the final notice after your changes and approval. Thx, Jim

Draft Notice for reinstating the Sched Qty report

Last night our main 'Server' failed, and we have been working since to restore service. It looks like we lost NO data For the time, you cannot get to your H:, P:, W:, R: (Local Drives) I have no ETA. You will have trouble starting some programs. Terminal Server is UNAFFECTED: Houston Based Data is UNAFFECTED: I will follow up with more news / details later Victor and Paul are available to help get you with anything we can. Thank you for your patience

Portland Computer Problems

Sean: Torrey Moorer in EOL IT group has created the Mid-C DART product on EOL. In the future when a trade is done on EOL, it will be bridged into Enpower Deal Entry. However, although the "DART flag" will be on in deal entry, I believe for now it's informational only, and it's not doing anything to alert the schedulers. I would like to know the rationale for creating this DART product and how you would like the schedulers in Day Ahead group (Cara's group) and Real Time (Bill's group) to see in their applications. If I can get this info from you, I'll work with Enpower IT to put all necessary DART processes in place. Thanks,

Important! DART product

Diana- Just wanted to let you know that I zero'd out 2 deals that will credit your book for February 2001 anmd true us up with PGE so that we can check out. Thyey are (as we discussed last Friday): 510077.1 for 2-1-01 for + $ 4,800.00 511131.1 for 2-2-01 and 2-3-01 for + $ 9,600.00 That's a total of $14,400.00 positive to your books. Any questions, please call me! Virginia

PGE Feb deals

Good Afternoon, I would like to find out where we stand on a year-end market adjustment for Donald to match what he has been offered by BPA. He is struggling and I would like to give him some kind of hope. I would also like your opinion on whether you think it would be more beneficial for him to stay in the Specialist pool or to try for the Sr. Specialist pool. Thanks,

Market Adjustment for Donald

***** NEW LOCATION***** Hello, Everyone - This confirms the next meeting of the RTO West Regional Representatives Group (RRG) for Friday, November 9, at the Kingstad Meeting Center, Room F. The meeting will start at 8:30 a.m. and by 12:30 p.m. The Kingstad Meeting Center is in the same building as the RTO West administrative office. We will meet in the same room we used for the PJM-LMP Congestion Management briefing with Seabron Adamson and Andrew Ott on October 23. Coffee, pastries, and jiuce will be served. The address of the Kingstad Center is 5933 NE Win Sivers Drive, and as most of you know, it is located about three miles directly east of the Portland airport. Go about three miles east on Airport Way and take a right on Win Sivers Drive and right again at the second driveway. Parking will be available in Kingstad marked spaces as well as overflow parking in the Leatherman's lot across the street. If you have any questions about the logistics for the meeting, please call Judy Welch at (503) 262-9421. Early next week I'll send out an agenda for the meeting. Have a great weekend. - Bud

Confirmation of November 9 RRG Meeting at New Location

Sean: Torrey Moorer in EOL called regarding the setup of Mid-C "Dart Product" ( I might be mis-spelling). He advised you have been asking IT to get this created. Would you let me know the nature of this new "product"? Risk might need to set you up in some systems in order for everything to be working right. Thanks,

Mid-C "Dart Product"?

Diana and Sean: Attached please find the latest prior month adjuments to be entered in your P&L for 10/31/01. The total amount will be -$206,492.82, primarily due to demand charge liquidation adjustment (-$204,999.92) for deal 555367.1. I have researched on this item and believe it is valid. Please also note the attached file is preliminary. There could be more to come from Settlements between now and month-end. I'll update you if that happens. Please take a look at the items listed now and let me know if you have any questions. Thank you,

Prior Month Adjustments going into 10/31 P&L

Sean, We have our Super Saturday's coming up on Nov 10 & Nov 17. We need more interviewers for the 10th. I would really appreciate your commitment for Saturday the 10th. The day will begin at 8:30 and will be completed by 4:00 PM. Both breakfast and lunch will be served. Would you be available for the 10th or would the 17th be better? Give me a call with any questions! Julie K x7404 PS: Sean (your man from Univ of O) will be coming on the 10th. You might want to come and root for him!

Help Needed

Attached are EPMI's comments that I will deliver orally on Monday afternoon at the FERC. I am also attaching some backup slides, a listing of who will be on the two panels, the statement by Naeve on behalf of PGE, and statement Tabors on behalf of a TFG subset. I want to re-read Tabors one more time but I expect that will we sign on in support. Alan Comnes

West Wide Mitigation Technical Conference

***REMINDER*** We have not yet received your feedback. Your input is very valuable and to be included in the participant's summary report, it must be received NO LATER THAN CLOSE OF BUSINESS on Wednesday, October 24, 2001. Without your feedback, the participant may not receive a summary report or be eligible to attend the program.

TIME SENSITIVE: Executive Impact & Influence Program Survey

Mr. Crandall, It's Chris Murphy here from UofO. I have a few questions that I forgot to ask during the interview. If you have the time to answer them I would very much appreciate it. Are new employees given demo accounts to paper trade the markets prior to live trading? If I were to be selected I would like to begin to watch the energy markets so that I can get a feel for them. Do you know of any good information and news sources that I could subscribe to in order to get charts, volume, open interest and other pertinent data? Also, do you know of any good books that are devoted exclusively to trading the energy markets? I am very excited about this wonderful opportunity and I hope to be selected for Super Saturday. Regards,

Enron Questions

EPMI's request to participate in the 29 Oct 01 FERC conference was granted. I will be on one of two panels and I will be given 5 minutes to give a statement. Please review the attached draft statement / talking points for EPMI and PGE and get me comments by COB Monday. One question is whether we need to change what PGE is proposing to say in light of our position (rule certainty, make any changes to caps consistently accross the WSCC). I will be meeting with the West Desk folks on Tuesday morning (schedules permitting). Please let me know if you want to participate in that meeting. Here is who I think will be on these panels thusfar: California Rep. Anna Eshoo (D Atherton) Pacificorp Allegheny Supply (anybody know who might be speaking for them?) Powerex/TGF Richard Tabors (note that Enron is a member of TGF but has made it clear it is not funding this effort) PGE Mike Naeve EMPI Alan Comnes CAISO Puget Energy - Kimberly Harris and 5 other parties BPA and WPTF will not be speaking. I was told Commissioners "may" be present. Alan Comnes

29 Oct 01 FERC Conference on Westwide Mitigation

At Jim Steffes request, I have assembled a matrix of the status of current emerging RTOs/standard markets in North America. Sarah, could you look at the "next steps" and let me know if I missed anything major? Also, does any body know if EPSA or some other organization is maintaining a similar overview database. (FERC's site is out of date). I will keep the latest version of this on the 0:\public affairs\RTO information database directory. Alan

RTOs and Emerging Pool Markets--North American Overview

The ICE is currently experiencing technical difficulties. The system is be= ing recycled and should be available by 10:15 EST. All pending orders are = being removed from the system. = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = =

IntercontinentalExchange System

When: Wednesday, October 17, 2001 9:00 AM-9:30 AM (GMT-08:00) Pacific Time (US & Canada); Tijuana. *~*~*~*~*~*~*~*~*~* The current plan is to not have a separate Enron witness but to participate with a group of marketer/generators. The planned speaker on behalf of this group is Richard Tabors. I would like to caucus with you to make sure we're ok with this.

Westwide mitigation--29 Oct Workshop

We are in a lending agreement with PGE for 19 MW on light load, and 75 MW on the heavy load. You will see us short this amount in the RT position manager for 10/11 Please Buy to fill this short at the MidC, for the STNW book. Deal # 812532.1 is our sale to PGE on LLH, Deal # 812531.1 is our sale to PGE on HLH. Please see Sean, Diana, or Myself with any questions. Cara

We Are Short at the MidC for 10/11 ALL HOURS

Fall Recruiting for Associates & Analysts is here once again and you have been elected to participate in our Super Saturday Event! This year, the onsite interviews are scheduled for two Saturdays in November. On each Saturday, the top 9 - 12 candidates from our local schools will be present. This will help tremendously with our cross-calibration process. The dates and schools are as follows:

Super Saturdays!

A Reminder to all Power and Natural Gas Traders: = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 IntercontinentalExchange has launched financial swaps settling against our = Power and Natural Gas indices. Two new products, NG Fin Sw Swap, FP for IC= E and Fin Swap-Peak, FP for ICE are now listed for the Henry Hub in Natural= Gas and for Cinergy and PJM-West in Power. Please include these new marke= ts in your portfolios. = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = =

New Products for Power and Natural Gas

* IMMEDIATE ACTION REQUIRED - Do Not Delete * Executive Impact & Influence Program Dear Sean Crandall, As part of the Executive Impact and Influence Program, each participant is asked to gather input on the participant's own management styles and practices as experienced by their immediate manager, each direct report, and up to eight colleagues/peers. You have been requested to provide feedback for a participant attending the next program. Your input (i.e., a Self assessment, if you are a participant in this program, Manager assessment, Direct Report assessment, or Colleague/Peer assessment) will be combined with the input of others and used by the program participant to develop an action plan to improve his/her management styles and practices. If you are providing feedback as a Manager of the participant, please note that your feedback will be identified in the summary report. It is important that you complete this assessment NO LATER THAN CLOSE OF BUSINESS on Wednesday, October 24, 2001. To begin the online administration process, you will need the following Internet address and Password(s). NOTE: If you are providing feedback for more than one person, each password and participant name is individually listed below. Open your Internet browser e.g., Internet Explorer or Netscape Navigator, and please type or copy the URL address below into your Internet browser (please DO NOT go through Lotus Notes): www.fsddatasvc.com/enron RQETFJ (Stewart Rosman)

TIME SENSITIVE: Executive Impact & Influence Program Survey

Today, IntercontinentalExchange launched financial swaps settling against o= ur Power and Natural Gas indices. Two new products, NG Fin Sw Swap, FP for= ICE and Fin Swap-Peak, FP for ICE are now listed for the Henry Hub in Natu= ral Gas and for Cinergy and PJM-West in Power. Please include these new ma= rkets in your portfolios. = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = = =20 = = = = = = = = = = = = =

IntercontinentalExchange Index Swaps

Here are some details you will need to know for the golf tournament sponsored by Calpine on October 12 at the WSPP event: 1) When you arrive at the Coeur d'Alene Resort please check your golf clubs with the bell captains. They will be tagged and delivered to the golf course prior to your tee time. 2) Time: We will be shuttled to the course in the resort "Eagle" shuttle boats starting directly after the meeting concludes Friday Oct. 12 around noon. 3) Dress code: nice golf attire, soft cleats (please come to the meeting Friday morning ready to go to the course). 4) The Coeur d'Alene Resort has a mandatory caddy program, a $20 tip is recommended by each golfer also, bring some cash for the beer/snack cart if you wish. 5) Box lunches will be provided for you on your carts at the beginning of the game. 6) We will be playing a scramble game - so plan to have some FUN! This is a beautiful world class course, enjoy.

Details on Golf Tournament Oct. 12

We are short at PGE system for Wednesday, 10/03/01. HE7-22pdt, we are 25mw short (total of 400mw). This is due to a lending deal done by the NW Cash desk. Please supply Portland at their system in the most cost effective manner possible. Deal #799806.1 Thanks,

Short due to lending at PGE System for Wednesday, 10/03.

Please join us for a Consensus Meeting regarding Ryan Slinger. Bill is interested in bringing Ryan into the Associate / Analyst Program as an Analyst II. We would like to make sure that our senior trading staff agree with this move. The meeting will be held tomorrow, Tuesday, 10/2/01 in the Mt Rainier Conference Room at 10:30 AM.

Consensus - Ryan Slinger

In this issue: - Feature: Power Semiconductors - Still Flying Below the Radar - Independent power producers fell after AES revised earnings downward. - All the news, commentary, and earnings reports, plus price performance and valuation charts. <<prometheus010928.pdf>> Best regards,

The Prometheus File - Energy Technology Weekly 10/01/01

Arun is going to have to bring down the Curve Manager due to these issues: No 10/31/01 or 11/1/01, due to this ST is having to mark 12/1/01. Arun is going to fix these issues: he will have to bring it down and then back up. In about 20min (10:45) please log out and login -> then check to see what needs to be remarked. Thanks,

Curves 10/1

Sean, In a scheduling error we were forced to bookout a deal with PGE($18.50) for the 25mw short HE 19 on 9/28. I apologize for the error. Give me a call if you have questions.

pge short

Tonight, all 1-month West Power products will be un-tokenized. This means they will no longer roll automatically on the last day of the month (on October 1st, your November product will not change to December, but will remain November). Please contact us should you have any questions.

Untokenizing 1-Month West Power Tonight

Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,

Hourly Palo Definition resent

Sean, Enclosed is a proposed methodology for the Dow Jones Hourly Index. Our longer term goal is to have this information posted to a website and available on an hourly basis, with perhaps a 2 or so hour delay. That will take longer to implement and some firms have expressed reservation with receiving the information too early. Presently, our goal is to have this information available to traders via email by 5:00 a.m. PT. This is preliminary and your thoughts and comments would be appreciated. Cheers,

Hourly Palo Verde definition

Attached is the Daily Termination List for January 25 as well as the Master Termination Log, which incorporates all terminations received through January 25. The following were previously on the Master Termination Log and have now been marked as "Y" for a valid termination: Atlantic Coast Fibers, Inc. ENA pulp/paper transactions CNC-Containers Corporation EPMI master power agreement Public Utility District No. 1 of Chelan County EPMI deal no. 757497.01 Connect Energy Services, Inc. ENA liquids agreement NGL Supply, Inc. (including Premier ENA/EGLI physical & financial transactions referenced Energy Partners, a division of NGL Supply, Inc.) Plains Marketing, L.P. ERAC deal no. QG4563.1 Plains Marketing, L.P. ERAC deal no. QG4482.2

Master Termination Log

Sean: Per Gary's instruction, please sign and notarize this additional declaration. Then fax to me at (202) 662-3910 as soon as it is notarized and deliver to CRA by next day air. We must have a faxed copy no later than noon Portland time and it would be great if it was earlier. Thanks,

Case in Chief Crandall Declaration

Diana and Sean: Just wondering if you happen to know how the scheduling volume in these two deals work? I believe when we liquidate at the beginning of this month (for example, 8/2) , the volume was zero in stead of 50MW/hr in scheduling. Would you advise how the "timing" of entering the volume in scheduling was determined? I am asking because it looks like for the first few days of this month we didn't liquidate anything because at the time the volume in scheduling was zero. If somebody added the volume later, we will need to know in order to correct total liquidations before the "incomplete liquidations" get to Settlements at month-end. Please advise, thanks!! !

STNW deal#519874 and 519875 w-PGE

Sean: I have been looking at the -$141K P&L hit in "Other Changes" on 8/13/01 you were inquiring about. The biggest "contributor" of this hit is the restructured Modesto deal # 520328.3, which alone caused -$130K in Other Changes (a.k.a. 2nd Order in financial terms). I believe what happened is that Matt re-marked the daily volatility curves down by a significant magnitude on 8/13/01 (* please see curve managers for the change). Usually when volatilities changed drastically they would disrupt financial evaluation models and more likely to cause a change in deal value by factors which cannot be explained (i.e. Second Order). This doesn't necessarily mean that the evaluation is incorrect but just that there will be some value change for which the models cannot pinpoint the reasons. Anyway, for this basis option deal you lost $94K on 8/13, and this -$94K can be broken down into Curve Shift (-$19K), Gamma ($1.5K), Vega (70K), Theta (-16K), and Second Order/Other Changes (-$130K). I looked at the curve change and interest rate change between 8/10 and 8/13 and they are relatively insignificant, but the drastic volatility mark down makes me feel that your losing money in this deal is somewhat consistent w/ what we should expect. I am still working with IT to see if we can nail this down to give you a more specific explanation. In the mean time, if you have any thoughts or concerns, please feel free to let me know. Thanks,

-$141,000 P&L hit on 8/13/01

Just a round robin regarding the day ahead transfers to real-time for parking and lending and the fees associated with it. Please let me know if you can't attend. Diana

MEETING @ 2:00 MT.HOOD

Diana - I have the following charges on BPA's revised final bills and was wondering if you could tell me who's books these should go on? October 2000 $ 3,214 February 2001 $ 4,153 I spoke with Corrine Surface at BPA and learned that these charges are being applied given the following situation: On October 10, 2000 and February 1, 5, and 6, 2001, our Real-Time group called BPA to reserve transmission for some schedules. Our R-T guys requested tranny using account numbers (such as 794811) that were for day-ahead firm transmission, thus entering the field of Unauthorized Increase Charges (incurred at $12,000/MWh) . Since BPA did not go over the structure of the product in that account, they are not going to charge us the $12,000 per MWh, but since we did get firm transmission, we will have to pay the $59/Mwh for the firm; hence the above charges. I understand that you have also spoken with Corrine at BPA and were going to talk to Bill. Can you let me know where these charges need to go? (Bill - Diana is out this week, so if you have already talked to her about this, please let me know) Thanks, Virginia

BPA charges

Good Morning, NOB is derated to Zero for HE 5-12 for Saturday July 28th. Our Downstreams at NOB are cut to zero for those hours, and the deal numbers have been changed and noted in scheduling. The deals are: Nevada Power 423713.1 BPA 459815.1 LADWP 579025.1 and 548842.1 Special Conditions on LDWP deal 541395.1 require that we re-supply them at a different and mutually agreed upon delivery point. Sean and Art from LDWP agreed that this alternate delivery would be COB, and this deal has been adjusted to show HE 7-12 is at COB N/S now. Please see me if you have any questions regarding these deals. Cara

NOB curtailments for 7-28 affecting multiple deals

Sean, When you get a chance, please let me know if you would like me to put in that annuity for Modesto or if you want to put it in. Let me know if you have any questions about the spreadsheet that I sent to you. Virginia

Modesto

Kroum has developed a new Forward Obligation Report, which will allow us to capture all term deals, desk-to-desk and all scheduling changes. Both Heather Dunton and I have tested it in stage and will be pushed out to production soon. Once I have the date I will forward it to all of you. It should be within the next couple of days. I will also show all of you how to run the report to capture the criteria we need to do our swaps. diana

Forward Obligation Report

Yesterday we received a letter from BPA under which BPA terminated two of its agreements. Ed, Harlan and I discussed some aspects of this earlier today. Some additional information that Steve Hall and I just discussed is summarized below. The effect of this termination on our power scheduling is that the West Desk is now short by 202 MW over its earlier position. After termination the contract positions are: COB: 150 MW on peak (purchase from BPA) 200 MW off-peak (purchase from BPA) Mid-C: (339) MW on peak (delivery to BPA) (238) MW off peak (delivery to BPA) Terminated contract numbers: 97 PB-10123 (Wauna/James River) 98 PB-10277 (Firm Power Sale) The termination fo the Wauna/James River contract presumably also terminates the "book out" agreement negotiated earlier this year, and increases our net short position to BPA.

BPA Termination of Contracts