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nemec-g/all_documents/5532.
|
EXECUTED Hunt Precedent Agreement ,
Please fax a copy of the referenced agreement to the Tyrell Harrison at the
Denver office and me as follows:
Stephanie Miller - 713-646-2391
Tyrell Harrision - 303-534-0552
DUE TO SHORT TIMELINE, YOUR IMMEDIATE RESPONSE IS NEEDED
| 346,976 |
||
germany-c/bankrupt/transport/union_gas/1.
|
Union Gas Limited - Synthetic Storage ,
This morning I called Union to inquire about an imbalance statement for Apr=
il 2002 primarily because the statement that I received for April 2002 was =
missing the park and loan balances for contract HUB210E14, HUB210E28 and HU=
B210E29, totaling roughtly 1,461,431 mmbuts due Union. In turn, I was refe=
rred to their Legal Dept. and spoke with Larry Fedchun (519-436-4690). He =
informed me that because ENA owedUnion way in excess of the value of this g=
as, they have decided to net this gas due them against everything that they=
owed ENA. I asked how they valued this gas and he said they went through =
several pricing models and scenarios yielding anywhere from $13MM to $16MM =
and finally settled upon somewhere around $13MM as the value of the gas due=
them on a volume of 2,528,557 mmtus (per the Mar. 2002 statement that show=
ed the outstanding volumes). We are currently showing this gas in our syst=
em as gas owed to Union and we are carrying it at a $0.00 value because it =
was classified as synthetic storage. Please let me know your thoughts on t=
his and how we need to proceed. If you need copies of any statements, plea=
se let me know.
Thanks,
Rita
| 128,406 |
||
dasovich-j/deleted_items/1659.
|
The aftermath of September 11th -- Enron Government Affairs ,
The events of September 11th are still very much with us and will continue to be for some time, perhaps for as long as we live. For those who have not heard me say this regarding air travel,individuals should avail themselves of the travel services the company is offering in the way of guidance for those that are traveling and only travel by air for essential matters( until further notice). In addition, anyone who is currently uncomfortable with the notion of air travel need not do so...we will work around this for as long as the need exists. The company has also provided information on the availability of counseling services should anyone have the need- please contact HR or the Benefits Group for further information.
A final couple of notes: If there is a silver lining in the events of September 11th, it is the kindness, generosity, and humanity it brings out in the rest of us...I have seen this play out in untold ways in our "group",both in London and at home, over the last nine days , including( to a person) the absence of any hint of bias being shown towards the individual in our group who is an "Arab American" and a Muslim, Amr Ibrahim. My high regard and respect for the Government Affairs group and for each individual has been validated many times over during the past nine days. Thank you very much.--- Rick Shapiro
.
|
earlene.o'[email protected], [email protected],
| 67,699 |
|
farmer-d/sent_items/128.
|
RE: Tenaska IV March 2001 ,
I have changed the demand fee. But, is this adjusted by the dollar amount that we need to recoup from Williams? I don't want to pay Tenaska until we get the money from Williams. Additionally, I believe that we need to keep the volume at 45,000 for the admin fee, since we originally nominated 45,000/day.
D
-----Original Message-----
From: Parker, Megan
Sent: Wednesday, May 16, 2001 12:49 PM
To: Daren J Farmer/HOU/ECT@ENRON
Subject: Tenaska IV March 2001
We have the actuals from TXU for Tenaska IV for March 2001. The receipt from Williams was not kept whole, so we have money to recoup from Williams and repay to Tenaska IV. Please change the following deals. Let me know if you have any questions.
Deal 384258 change demand fee from $2,653,694.95 to $2,607,176.02
Deal 514353 change volume from 45,000 to 44,590
Thanks,
Megan
| 110,476 |
||
pereira-s/deleted_items/157.
|
Re: FW: Way to Go, Hawks!! ,
Susan,
Thanks again for all your help. This is the first team that I have ever been involved with that had the asst. coaches get to 100% of the practices. Also, thanks for standing in for me when I had to miss the last couple of games. You did a great job. Maybe if we get a Spring team we could exchange places, and you could take over as the coach. I would help you out when I could, and maybe Jon could, too.
I hope you,Kali, Renato and Michael have a happy Thanksgiving.
Terry Lester
>>> "Pereira, Susan W." <[email protected]> 11/20/01 11:51AM >>>
I tried to send this to your home email, but it was undeliverable.
> -----Original Message-----
> From: Pereira, Susan W.
> Sent: Tuesday, November 20, 2001 11:18 AM
> To: '[email protected]'; '[email protected]'; '[email protected]';
> '[email protected]'; '[email protected]'; '[email protected]';
> '[email protected]'; '[email protected]'; '[email protected]';
> '[email protected]'
> Subject: FW: Way to Go, Hawks!!
>
>
>
> -----Original Message-----
> From: Pereira, Susan W.
> Sent: Tuesday, November 20, 2001 11:13 AM
> To: '
> Subject: Way to Go, Hawks!!
>
> I just wanted to thank all the girls and the parents for the
> autographed t-shirt and the restaurant gift certificate. I really
> appreciate it. I had a lot of fun working with the girls. They were
> all so enthusiastic and committed to the team effort. It was very
> rewarding for me to see how the team came together and improved so
> much. The girls have a lot to be proud of. I hope to see everyone in
> the spring soccer program or next fall. Thanks again to all the
> parents for your efforts and time commitment, especially to Terry, Jon
> and Vicki.
>
> Have a great holiday season.
>
> Take care,
>
> Susan Pereira
>
>
> P.S. - Terry, could you forward this on to the Reeses, please? I
> don't have their email address. Thanks.
**********************************************************************
This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you.
**********************************************************************
| 357,840 |
||
taylor-m/all_documents/8370.
|
CONFIDENTIAL BUSINESS PROPOSAL ,
And another.....
----- Forwarded by Mark Taylor/HOU/ECT on 05/22/2001 09:45 AM -----
"Joseph Iza" <[email protected]>
05/19/2001 07:37 PM
To:
cc:
Subject: CONFIDENTIAL BUSINESS PROPOSAL
URGENT BUSINESS PROPOSAL
This letter may come to you as a surprise since it is coming from someone you
have not met before. However, we decided to contact you based on a
satisfactory information we had about your business person as regard business
information concerning your country and the safety of our funds in a steady
economy such as that of your country compared to our country Nigeria Africa.
I am a civil adviser currently working with the monitoring committee
overseeing the winding up of the petroleum trust fund(PTF). Myself and my
close and trusted colleagues need your assistance in the transfer of US$25
million into any reliable Account you may nominate overseas.This fund was
generated from over-invoicing of contracts executed by the PTF under the
administration of the past military government. These were discovered while
we were reviewing the PTF accounts.
From our discoveries, these contracts have been executed and the contractors
in question were all paid. The difference of US$25,000,000 being the
over-invoiced amount is the funds, we want your corporate entity to help us
receive. What we want from you is a good and reliable company or personal
Account into which we shall transfer this fund.Details should include the
following:
1. Name of Bank
2. Address of Bank with Fax & Tel.
No.3. Account Number4. Beneficiary/Signatory to Account (Account Name)
Upon the Successful crediting of your account. The fund will be shared as
follows:
1. 20% for you and your assistance
2. 75% for myself & my Colleagues
3. 5% for contingency expenses.
Please after your first reply through e-mail I will want us to continue
further communication by fax and telephone for confidential purpose. We wish
to assure you that your involvement should you decide to assist us, will be
well protected, and also, this business, proposal is 100% risk free as we
have put a whole lot into it.
Thank you for your anticipated cooperation while we look forward to a
mutually benefiting business relationship with you.When replying to my e-mail
kindly include your telephone, fax number and mobile telephone numbers
preferably extremely private numbers where we can reach you any time of the
day. Please be aware that a high level of confidentiality and trust is
required in this business. My private telephone 234 1 7754653 and my fax
number is 234 1 7593270.
Best Regards,
Dr. Joseph Iza.
tel:234 1 7754653
fax:234 1 7593270
email:[email protected]
_________________________________________________________
Do You Yahoo!?
Get your free @yahoo.com address at http://mail.yahoo.com
| 477,273 |
||
heard-m/sent_items/232.
|
FW: Confidentiality Agreement ,
Do we have a conflict? The CA will be to obtain financials.
Thanks!
Marie
-----Original Message-----
From: Phillips, Rebecca
Sent: Thursday, October 25, 2001 1:42 PM
To: Heard, Marie; Panus, Stephanie
Subject: Confidentiality Agreement
Could you please together a confidentiality agreement for the following company:
Metron Steel, a dba of Primary Steel, Inc.
Please let me know if you need anything else.
Thanks,
r
| 164,724 |
||
kaminski-v/inbox/265.
|
Jumps no jumps ,
VAR is using the May 1st run. VaR without jumps is saved out in RMS_Value_at_Risk_copy table. Of curiosity, West-DPR-VAR is not really impacted by jumps. I suspect the reason for this may be that back in 1998 that region was less deregulated than today. Let me know your thoughts.
Frank
| 219,547 |
||
lokay-m/sent_items/65.
|
FW: Computers ,
-----Original Message-----
From: Hitschel, Bonnie V. [mailto:[email protected]]
Sent: Friday, December 21, 2001 10:26 AM
To: Lokay, Michelle; Goodell, Scott; '[email protected]'
Subject: FW: Computers
Happy Holidays!
Bonnie Hitschel
210-283-2456
Subject: Computers
Dear Tech Support,
Last year I upgraded from Boyfriend 5.0 to Husband 1.0 and noticed a
slowdown in the performance of flower and jewelry applications that had
operated flawlessly under Boyfriend 5.0. In addition, Husband 1.0
uninstalled many other valuable programs, such as Romance 9.9,and installed
undesirable programs such as NFL 5.0 and NBA 3.0.
Conversation 8.0 no longer runs and Housecleaning 2.6 simply crashes
the system. I've tried running Nagging 5.3 to fix these problems, but to
no avail. What can I do?
Desperate
> >---------------------------------------------------------------------
Dear Desperate,
First, keep in mind that Boyfriend 5.0 is an entertainment package,
while Husband 1.0 is an operating system. Install Tears 6.2 and enter the
command <C:\ I THOUGHT YOU LOVED ME>.
Husband 1.0 should then automatically run the applications Guilty 3.0 and
Flowers 7.0. But remember, overuse can cause Husband 1.0 to default to
Grumpy Silence 2.5, Happy Hour 7.0, or Beer 6.1. Beer 6.1 is a very bad
program that will create Snoring Loudly.WAV files.
DO NOT install Mother-in law 1.0 or reinstall another Boyfriend
program. These are not supported applications and will crash Husband 1.0.
In summary, Husband 1.0 is a great program, but it does have a
limited memory and cannot learn new applications quickly. You might consider
buying additional software to improve performance. I personally recommend
Hot Food 3.0 and Lingerie 6.9.
Good luck.
| 288,788 |
||
dasovich-j/all_documents/12313.
|
SVMG RTP proposal - Special meeting ,
At the Energy Committee meeting Monday we agreed to pursue proactive
development of an SVMG-sponsored Real Time Pricing proposal.
A meeting is scheduled for 1:00 PM Monday May 14 at Motorola prior to the
energy committee meeting to refine the draft proposal we discussed on Monday
(attached). The topic that has received the most discussion is how Historic
Load would be determined, and that will be the most important topic. We will
cover others as well.
Apart from many other issues, the ALJ's proposed decision on the CPUC's rate
increase did embrace the concept of a voluntary RTP program, and initiates
an effort to implement it as soon as possible.
Peter Evans
- 5-4 Draft SVMG RTP.doc
| 57,926 |
||
dasovich-j/sent_items/257.
|
golf fees ,
Sent you guys a check yesterday for $120 for me and Prentice. Let me know if that covers gold on Saturday.
Best,
Jeff
Go Barry!
| 78,872 |
||
shankman-j/all_documents/976.
|
Re: Super Saturday Participation ,
Nov 11 is great, and I'll try to help out Dec 9. (I'll be out of town Nov
4). I'd also be happy to look now at the spring schedule.
Jeff
Charlene Jackson@ENRON
10/17/2000 08:32 AM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Shelly Jones/HOU/ECT@ECT, Cheryl Kuehl/Corp/Enron@ENRON
Subject: Re: Super Saturday Participation
Jeff thanks alot. I really appreciate it. Here are the schedule of schools:
November4th (Analysts)
Rice, UT, Baylor, Texas A&M, OU, Florida, LSU and Univ. of Houston
November 11th (Associates)
Columbia, NYU Stern, UCLA, UVA (Darden), Cornell and Vanderbilt
December 9th
Wellesley, overflow and re-schedules from previous Super Saturdays
If you don't have a preference. I would prefer that you do either November
4th or 11th. I think that would be most beneficial. You are certainly
welcome to do both but I didn't want to push my luck (smile). Please let me
know as soon as possible so that I can get someone else for the ones you
can't attend.
Again, thanks alot.
Charlene
Jeffrey A Shankman@ECT
10/17/2000 08:02 AM
To: Charlene Jackson/Corp/Enron@ENRON
cc:
Subject: Re: Super Saturday Participation
Glad to help. Can you get me the schedule as to which schools will be here
on those dates.
Jeff
Charlene Jackson@ENRON
10/16/2000 02:46 PM
To: Jeffrey A Shankman/HOU/ECT@ECT
cc: Jeff Skilling/Corp/Enron@ENRON, Jennifer Burns/HOU/ECT@ECT, Cheryl
Kuehl/Corp/Enron@ENRON, Shelly Jones/HOU/ECT@ECT
Subject: Super Saturday Participation
Jeff,
To ensure that the business units are involved in the recruiting of top
quality candidates I am requesting your assistance in the Super Saturday that
is scheduled for either Saturday, November 4th, November 11th or December
9th. We would like for you to participate as follows:
Be the speaker at breakfast
Interview candidates
Facilitate the decision making meeting
The breakfast is from 7:30 AM until 8:30 AM. The speech would begin at
approximately 8:00 AM and need not be more than 15 to 20 minutes. You would
interview approximately 4-6 candidates. A vital part of the process is
determining which candidates will receive offers to join the Program. We
would like for you to facilitate the decision making meeting. The meeting
will be held in 5C2 beginning at 1:30 PM. and conclude by 3:30 PM. We will
provide the administrative assistance.
Your assistance and input would be greatly appreciated. Please let me know
as soon as possible of your availability.
Thanks in advance.
By the way thanks for the help you have provided with Penn at both the
graduate and undergraduate level. It is very much appreciated.
Charlene
| 431,472 |
||
lewis-a/deleted_items/892.
|
Best Buy Donates $1 Million to Sponsor ``DragonflyTV,'' Twin ,
Best Buy Donates $1 Million to Sponsor ``DragonflyTV,'' Twin Cities
Public Television's New Science Program for Kids=1DGrant is Retailer's
Largest-Ever Donation to a Nonprofit Organization
********************************
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See what Harry's trading tick by tick in his real-time
'Technical Trading Diary.' Beat the bear market with
with both long and short trading ideas.
Sign up for our FREE 15-day trial at
http://216.133.228.197/harry/harryorderpage2.asp?MID=3D50009
********************************
View complete article at: http://news.stockselector.com/newsarticle.asp?sym=
bol=3DBBY&article=3D41000260
BEST BUY CO INC 56.400
MINNEAPOLIS & ST. PAUL, Minn., Jun 6, 2001 (BUSINESS WIRE) -- Twin Cities
Public Television (TPT), creator of the long-running PBS family science sho=
w
Newton's Apple, is beginning production of DragonflyTV, a new science and
technology show for kids. Based on the popular Dragonfly science magazin
Other Companies Involved:
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To unsubscribe, please go to http://www.stockselector.com/modifyportfolio.a=
sp?portnumber=3D1
? Copyright 1998-99, StockSelector.com
| 281,163 |
||
whalley-l/all_documents/661.
|
Jay Perl ,
So I've joined the real world - and it got me a trip to Vegas (Day of the
Trader in Dec). All roads wind up in Vegas.
How's it going with my buddy Dorsey? I assume since you didn't answer the
last 2 times I asked, you won't answer this one.
Hope all is well.
See you soon.
Jay Perl
Sempra Energy Trading
office: 203-355-5074
cell: 914-261-6025
email: [email protected]
****************************************************************************
This e-mail contains privileged attorney-client communications and/or
confidential information, and is only for the use by the intended recipient.
Receipt by an unintended recipient does not constitute a waiver of any
applicable privilege.
Reading, disclosure, discussion, dissemination, distribution or copying of
this information by anyone other than the intended recipient or his or her
employees or agents is strictly prohibited. If you have received this
communication in error, please immediately notify us and delete the original
material from your computer.
Sempra Energy Trading Corp. (SET) is not the same company as SDG&E or
SoCalGas, the utilities owned by SET's parent company. SET is not regulated
by the California Public Utilities Commission and you do not have to buy
SET's products and services to continue to receive quality regulated service
from the utilities.
****************************************************************************
| 501,332 |
||
jones-t/all_documents/11913.
|
Re: FW: NDA ,
Jake -
The Cargill changes are acceptable except for (1) the deletion of the
non-solicitation provisions and (2) the change back to Minnesota law. The
non-solicitation provision is a business call and relates to the disclosures
being made and individuals involved in the project. If Cargill will have
contact with key EOL IT personnel, the non-solicitation should be part of the
agreement. As to the change of law, we cannot accept Minnesota and must have
New York as this is a neutral forum.
Mark
Senior Counsel, EWS
Phone: 713-345-8897
Facsimile: 713-646-3490
E-Mail: [email protected]
Jake Staffel/ENRON@enronXgate
05/17/2001 01:44 PM
To: Mark Greenberg/NA/Enron@ENRON
cc:
Subject: FW: NDA
Mark,
Here is the revised Cargill NDA
-----Original Message-----
From: [email protected]@ENRON
[mailto:[email protected]]
Sent: Thursday, May 17, 2001 12:57 PM
To: Staffel, Jake
Cc: [email protected]
Subject: NDA
Attached is a revised NDA with just a few changes. Please let us know
if this works for you.
Thanks!
Anne
_________________________________________
Anne Pedrero
Cargill eVentures
1500 Fashion Island Boulevard, Suite 209
San Mateo, CA 94404
(650)356-7064
[email protected]
http://www.cargilleventures.com
- ENRON CONFIDENTIALITY AGREEMENT2.DOC
| 180,986 |
||
taylor-m/all_documents/685.
|
Re: Aussie Swap Confirm ,
EPMI and RMT are two different corporations. As I understand it, in North
America EPMI enters into only physical power transactions with third parties
while ENA enters into financial transactions. RMT handles financial
transactions between wholly-owned Enron companies. If the transaction you
are handling is a derivative between ENA and Australia, it should be
documented as two trades: one between ENA and RMT and the other between RMT
and Australia. That's why the master agreement is between RMT and
Australia. I don't know how the booking is handled.
Dale Neuner on 10/05/99 09:10:41 AM
To: Sue Frusco/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Mark E
Taylor/HOU/ECT@ECT, Susan Bailey/HOU/ECT@ECT, Casey Evans/Corp/Enron@Enron
cc: Patricia Cini/HOU/ECT@ECT, Jefferson D Sorenson/HOU/ECT@ECT
Subject: Re: Aussie Swap Confirm
The Enpower ticket shows our Counterparty as Enron Australia Energy Pty
Limited. We made the leap that it's Enron Australia Finance Energy Pty
Limited, since I sent an e-mail to David Minns yesterday asking him to
anticipate the delivery of the Confirmation. David is the party who is
handling the ISDA MAster Agreement and is awaiting the Confirmation.
The ISDA MAster Agreement is between RMT (as opposed to EPMI) and Enron
Australia Finance Energy Pty Limited. If RMT and EPMI are synonomous (as are
RMT and ENA) then we're done. If they are not, then we have a booking issue
AND a Master Agreement issue.
Perhaps Susan or Mark can help.
Dale
3-9746
Sue Frusco@ENRON_DEVELOPMENT
10/05/99 08:43 AM
To: Casey Evans@ENRON_DEVELOPMENT, Dale Neuner@ENRON_DEVELOPMENT
cc: Patricia Cini@ENRON_DEVELOPMENT
Subject: Aussie Swap Confirm
I'm starting to hear rumblings that ECT-NA has the deal booked between EPMI
and Enron Australia Pty. Ltd. not Enron Australia Finance. Who can help
remedy this?
Sue
---------------------- Forwarded by Sue Frusco/ENRON_DEVELOPMENT on 10/05/99
08:32 AM ---------------------------
Dale Neuner@ECT on 10/04/99 03:56:34 PM
To: Casey Evans/Corp/Enron@Enron
cc: Sue Frusco/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Jefferson D
Sorenson/HOU/ECT@ECT
Subject: Swap Confirm
Casey -
Is this the 'potential trade' that we spoke about last week. If so, can I get
a copy of the deal ticket, or whatever information you have.
Dale
3-9746
---------------------- Forwarded by Dale Neuner/HOU/ECT on 10/04/99 03:49 PM
---------------------------
From: Jefferson D Sorenson on 10/04/99 08:50 AM
To: Dale Neuner/HOU/ECT@ECT
cc:
Subject: Swap Confirm
Can you look into this? How do we find out about these deals? Are we
comfortable with our process here?
Thanks,
Jeff
---------------------- Forwarded by Jefferson D Sorenson/HOU/ECT on 10/04/99
08:48 AM ---------------------------
Sue Frusco@ENRON_DEVELOPMENT
10/03/99 03:32 PM
To: Jefferson D Sorenson@ENRON_DEVELOPMENT
cc:
Subject: Swap Confirm
Jeff,
Enron Australia Finance did a power swap with Enron Houston (PJM index).
Are you guys going to confirm it?
Sue
| 476,067 |
||
lokey-t/sent_items/97.
|
Newsletter ,
Amy & Julie - I have sold my house and will be moving to an apt. near Kirby & W. Alabama before the end of the month. I am in the process of packing up my house and have several other obligations this weekend so I will not be able to arrange for the newsletter distribution. I believe I gave Amy a list of the distributors - Deanna will not be able to continue and Martha and Pat have indicated they would like some relief also. On the positive side, Lorraine(?) in the 300 block of Welch (with the new baby) has said she would like to help.
I can't remember the new officers so could you all arrange for a transition to a new distributor?
Thanks,
Teb
| 291,388 |
||
lenhart-m/deleted_items/126.
|
contact info ,
This Friday is my last day at Enron. I don't have my new address in Boston, but my email address is [email protected]. You can also reach me at this address for most of the summer:
5200 Boulder Ct.
Louisville, KY 40207
502-895-0980
Keep in touch!
Brian
| 275,836 |
||
scholtes-d/diana_scholtes/saved_sent/101.
|
FW: Annuity Deal # 669452 ,
Sorry Fran and Samantha! Didn't get you on the initial e-mail!
Virginia, can we get someone to auto schedule this deal for the new time span?
Thanks!
ds
-----Original Message----- [Mark Hall] From: Scholtes, Diana
Sent: Wednesday, August 22, 2001 2:42 PM
To: Dunton, Heather
Cc: Swerzbin, Mike
Subject: Annuity Deal # 669452
This deal was entered incorrectly. The date span was only for 7/1/01 instead of 7/1 - 7/31. This annuity represents the $1 charge to move 150 MW on peak to Big Eddy for the month.
Sorry for the inconvenience,
ds
| 399,786 |
||
hain-m/all_documents/17.
|
SUPPLEMENTAL Weekend Outage Report for 6-29-01 through 7-02-01 ,
------------------------------------------------------------------------------
------------------------
W E E K E N D S Y S T E M S A V A I L A B I L I T Y
F O R
June 29, 2001 5:00pm through July 2, 2001 12:00am
------------------------------------------------------------------------------
------------------------
ECS to ECN Network Interconnection July 14, 2001
This is a notification that the Enron Corp. I/T Networks team will be
connecting the new building network infrastructure located in Enron Center
South (ECS) to the existing Enron Center North (ECN) backbone network. While
this activity is not expected to produce a disruption to network services,
this notice is designed to alert the organization to our activities. No
network hardware or systems are anticipated to be shutdown. The actual
physical interconnection of the networks will be performed in the EB 34th
floor Data Center.
Interconnection activities are scheduled to occur the evening of July 14,
2001 starting from 7:00 p.m.(CT) and completing around 11:00 p.m. (CT).
Application testing activities will begin at 11:00 p.m. (CT) once all network
testing has completed.
If you have any further questions, please contact Pete Castrejana at
713-410-0642 for more information.
SCHEDULED SYSTEM OUTAGES:
ARDMORE DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.
AZURIX: No Scheduled Outages.
EB34 DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages.
EDI SERVER: SEE ORIGINAL REPORT
ENRON CENTER SOUTH DATA CENTER - FACILITY OPERATIONS: No Scheduled Outages
ENRON NORTH AMERICAN LANS:
Impact: NAHOU-APPR1 and NAHOU APPR2
Time: Sat 6/30/2001 at 10:30:00 PM CT thru Sun 7/1/2001 at 12:30:00 AM CT
Sat 6/30/2001 at 8:30:00 PM PT thru Sat 6/30/2001 at 10:30:00 PM PT
Sun 7/1/2001 at 4:30:00 AM London thru Sun 7/1/2001 at 6:30:00 AM London
Outage: CORP-Houston General Application Server Volume Upgrade
Environments Impacted: All Housotn CORP domain users logging into the DFS
\\enehou\houston\appsrw or R: drive.
Enpower CAPS, Sitara, CMS, Equity trading systems (eqpm directory), Adaytum,
CQG, TMS, PowerMap Europe, PowerDat Europe, MapInfo Professional,
Secretariat
Purpose: To increase storage capacity to allow for addtional applications to
be added to the managed application infrastructure.
Backout: Revert to secondary node as the primary and restore primary node to
original configuration.
Contact(s): Brian Larkin 713-853-6985
FIELD SERVICES: No Scheduled Outages.
INTERNET: No Scheduled Outages.
MESSAGING: No Scheduled Outages.
MARKET DATA: No Scheduled Outages.
NT: No Scheduled Outages.
OS/2: No Scheduled Outages.
OTHER SYSTEMS: ALSO SEE ORIGINAL REPORT
Impact: CORP
Time: Fri 6/29/2001 at 5:00:00 PM CT thru Fri 6/29/2001 at 6:00:00 PM CT
Fri 6/29/2001 at 3:00:00 PM PT thru Fri 6/29/2001 at 4:00:00 PM PT
Fri 6/29/2001 at 11:00:00 PM London thru Sat 6/30/2001 at 12:00:00 AM
London
Outage: Upgrading Tibco on EOL Standalone Workstations
Environments Impacted: Corp
Purpose: The new release of the EOL internal products will require the
updated verwsion of the Tibco Rendezvous client.
Backout:
Contact(s): Mark Hall 713-853-3380
SITARA: No Scheduled Outages.
SUN/OSS SYSTEM: No Scheduled Outages.
TELEPHONY: No Scheduled Outages
TERMINAL SERVER: No Scheduled Outages.
UNIFY: No Scheduled Outages.
SCHEDULED SYSTEM OUTAGES: Australia
Impact: CORP
Time: Mon 2-July-2001 at 06:00:00 AM Sydney thru Mon 2-July-2001 at
07:00:00 AM Sydney
Sun 1-July-2001 at 21:00:00 PM GMT (London) thru Sun 1-July-2001 at
22:00:00 PM GMT (London)
Sun 7/1/2001 at 3:00:00 PM CT (Houston) thru Sun 7/1/2001 at 4:00:00 PM CT
(Houston)
Outage: Moving of UPS
Environments Impacted: Corp Sydney - all systems
Purpose: New Server Room buildout requires us to move the current (faulty)
UPS. We will take this opportunity to rewire the server power circuits to
allow UPS removal & prepare for the installation of a UPS bypass switch.
Backout: Restore wiring for UPS (unlikely)
Contact(s): David Brown +61-407-772-884
Chris Dodds +61-416-169-701
Elliott Katz +61-405-146-026
------------------------------------------------------------------------------
-----------------------------------------------
FOR ASSISTANCE
(713) 853-1411 Enron Resolution Center
Specific Help:
Information Risk Management (713) 853-5536
SAP/ISC
(713) 345-4727
Unify On-Call (713) 284-3757 [Pager]
Sitara On-Call (713) 288-0101 [Pager]
RUS/GOPS/GeoTools/APRS (713) 639-9726 [Pager]
OSS/UA4/TARP (713) 285-3165 [Pager]
CPR (713) 284-4175 [Pager]
EDI Support (713) 327-3893 [Pager]
EES Help Desk (713)853-9797 OR (888)853-9797
TDS -Trader Decision Support On-Call (713) 327-6032 [Pager]
| 157,612 |
||
taylor-m/deleted_items/29.
|
UCC: restrictions on assignment of receivables ,
Looks like it is 9-406. I would like the name of your expert. thanks.
Cordially,
Mary Cook
Enron North America Corp.
1400 Smith, 38th Floor, Legal
Houston, Texas 77002-7361
(713) 345-7732
(713) 646-3393 (fax)
[email protected]
|
legal <[email protected]>
| 479,120 |
|
nemec-g/all_documents/5196.
|
Re: Pastoria/Kern River ,
Thanks much, Stephanie. -- Karen
Stephanie Miller@ENRON
03/05/2001 12:44 PM
To: Karen E Jones/HOU/ECT@ECT
cc: Gerald Nemec/HOU/ECT@ECT, Ron Coker/Corp/Enron@Enron
Subject: Re: Pastoria/Kern River
I am having copies made of the base PA and all amendments we have
executed/received.
We do not have the firm transportation agreement. That is a Kern FT tariff
agreement that has yet to be produced. However, it should match the existing
pro forma in Kern's FERC tariff. All remaining expansion shippers will need
to execute a firm transportation agreement at a later date.
Karen - I will fax documents to you ASAP.
Regards,
Stephanie
Karen E Jones@ECT
03/05/2001 02:17 PM
To: Gerald Nemec/HOU/ECT@ECT
cc: Stephanie Miller/Corp/Enron@ENRON, Ron Coker/Corp/Enron@Enron
Subject: Pastoria/Kern River
Hi Gerald. Ron Coker is talking with Stephanie about how to get Kern River's
approval of substitute security to be put up by Calpine in order to get ENA
released. Could you send to me and to Ron the current version of the
transportation agreement itself (which I understand has been negotiated with
Kern but wouldn't be executed until later). Also, is my understanding
correct that the firm commitment that ENA would put in place n the 15th would
be accomplished by another amendment to the Precedent Agreement? Does a
draft of this additional amendment exist?
If you need to reach me, my direct number is (503)464-8692, and fax is
(503)464-8058. Thanks.
| 346,615 |
||
scholtes-d/west_bank/34.
|
RE: Dec and Jan liquidations ,
Tim,
John's communication regarding not updating December was in order to complete December liquidations for accounting and settlements last week. However, we were then informed that settlements would not draft their billing until the 14th of January so we then retracted our 'hold' on updating December schedule. Any updates that can be made in order for settlements to get the most accurate data would be most appreciated.
In addition, the cash flow forecast (as indicated by Don) will be coordinated through Kristin. I do not believe you will have to do any work for this as all the data will come from our risk calculations and true settlement information.
Thanks,
Stacey
-----Original Message-----
From: Belden, Tim
Sent: Wednesday, January 09, 2002 10:26 AM
To: Postlethwaite, John; Reeves, Leslie; Calger, Christopher F.; White, Stacey W.; Miller, Don (Asset Mktg); Wax, Brandon
Cc: Scholtes, Diana; Semperger, Cara; Presto, Kevin M.
Subject: RE: Dec and Jan liquidations
Yesterday I was approached by Steve Thome who had been asked by Brandon Wax (who was asked by Don Miller?) looking for a cash forecast for deals that flowed in December. While I'd like to be helpful, I have never done a cash forecast before. We don't have the tools set up in Portland to do this sort of thing. The data to do this has historically resided in Enpower. A week ago the West Power desk met and agreed that we were able to and prepared to update Enpower in "Schedule" for all of the deals that flowed in December. Diana Scholtes sent an e-mail (below) to Leslie Reeves on January 3rd indicating that we were prepared to update Enpower. We heard from John Postlethwaite that Leslie didn't want us to update Schedule -- instead they could work off of our trade sheets.
I don't care which way we move forward. It just seems that we aren't all on the same page. We just want to do whatever needs to be done to get the right information to the right people. Exerience tells me that we are better off doing it "right" the first time. I am hoping that between Don, Leslie, and Stacey we can get some clear direction on what you would like us to do. As of now, there is little I can do to assist Brandon with his request for a cash flow projection.
Regards,
Tim
-----Original Message-----
From: Postlethwaite, John
Sent: Tuesday, January 08, 2002 1:10 PM
To: Reeves, Leslie; Calger, Christopher F.; White, Stacey W.; Belden, Tim
Cc: Scholtes, Diana; Semperger, Cara
Subject: Dec and Jan liquidations
It has come to my attention that there seems to be miscommunication between various groups and people about how Dec and Jan scheduling for non-terminated deals should be handled. There are conflicting reports that Houston, through the estate, will handle updating scheduling in Enpower or that the scheduling group should be updating Enpower accordingly.
What I am hoping for is that by whatever communications means necessary we can come to a final action plan on how to clean this and get Enpower up to date as quickly and as accurately as possible.
Thanks,
John
-----Original Message-----
From: Scholtes, Diana
Sent: Thursday, January 03, 2002 8:43 AM
To: Reeves, Leslie
Cc: Gilbert, Scotty; Postlethwaite, John; Belden, Tim
Subject: January Settlements
Leslie,
I'm trying to get a jump on making sure we have everything done properly in Enpower for the month of January. My question is whether we, the West desk, should enter any changes in Enpower due to OUR non-delivery and/or incremental deals? We have everything recorded on our Trade sheets, but if it would make it easier for you to settle or relay to the Estate by us making the changes in Deal Scheduling, we can do so.
I also understand, after talking to John, you will be using our Trade sheets for such changes for the month of December. I'm not sure who you would like us to assist in translating our sheets, but if you can call me, we can set up a conference call and I'll coordinate from each desk to attend.
If there is anything else that you need us to do to help your group please let me know.
Diana Scholtes
West Desk
503-464-3807
| 400,372 |
||
beck-s/calendar/54.
|
EES Banding - JLavorato, WColwell, BHerod, BApollo (by phone), ,
per Shirley Tijerina 8/23/01
| 24,949 |
||
williams-w3/timbelden/6.
|
Federal Legislative Update ,
Congressional Republicans Draft Energy Bill to Aid the West=09
Rep. Joe Barton has spliced together emergency legislation aimed at aiding =
energy markets in the Western United States via funding for improvements in=
California's constrained transmission line SP-15 and directing federal dis=
aster officials to prepare for power outages. The move by Republicans came=
as Democratic criticism of the Bush administration's response to the Calif=
ornia power crisis intensified Wednesday. Although the bill will not conta=
in the price caps sought by Democrats and a handful of Republicans, Barton =
said he would allow amendments in support of price controls during committe=
e deliberations. A list circulated by GOP staff in recent weeks includes a=
range of ideas such as relaxing environmental rules, subject to a governor=
's request; increasing federal energy assistance to low-income consumers; f=
iring up mothballed power plants; and directing federal facilities to reduc=
e energy use by 10%. Additionally, the bill would grant governors the flex=
ibility to allow power plants that have exceeded emissions limits to tempor=
arily keep operating during emergencies.=09
| 512,399 |
||
dasovich-j/inbox/525.
|
Employment Training Funds Available ,
To: CMTA Members
From: Brian McMahon
Date: October 2, 2001
Re: Employment Training Funds Available to CMTA Members
2001 has been a trying year for many of our members. The national
economic slowdown has been compounded here in the state as a result of
energy issues and 'California-only' mandates on employers.
One way CMTA is helping companies offset the state's high cost of doing
business is by offering a free program to help acquire state funds for
their employment training needs.
Please take a moment to go to our ETP program webpage at
http://www.cmta.net/member/etpmrktg.shtml to see how you might be
able to take advantage of these services.
| 70,071 |
||
schoolcraft-d/inbox/junk/293.
|
RE: San Juan Lateral Eff. ,
Tiny, you are correct. At this time I have nothing in the outage report for this. Ben, if something comes up, please let me know, so we can make plans for it.
Jerry Graves
-----Original Message-----
From: Roensch, David
Sent: Friday, January 25, 2002 8:03 AM
To: Asante, Ben
Cc: Whippo, Jeff; Schoolcraft, Darrell; Matthews, Ron; Graves, Jerry; Watson, Kimberly
Subject: San Juan Lateral Eff.
Ben, need to know how the San Juan Lateral eff. is holding up so that we can better estimate when O&M budgets may be impacted this year from pigging type activities. I know you took a good look at this segment prior to moving into tariff last year and now as we approach the non tariff months this year we need you to take another look to insure no potential problems exist.
Jerry, please correct me if I am wrong, but at this time no planned outage has been posted for this activity YTD.
| 401,313 |
||
guzman-m/all_documents/357.
|
Re: Directions ,
Below are the directions to tomorrow's game at 7pm.
Paul
---------------------- Forwarded by Paul Choi/SF/ECT on 04/18/2001 03:57 PM
---------------------------
Enron Capital & Trade Resources Corp.
From: "Michael E Vixie" <[email protected]>
04/18/2001 03:16 PM
To: [email protected]
cc:
Subject: Re: Directions
Paul -
CSC is short for "Child Services Center". It is what used to be Washington
High School. The adress is SE 14th and Stark. The gym is south of Stark,
between Stark and Morrison.
Mike
From: [email protected] on 04/18/2001 02:41 PM
To: [email protected]
cc:
Subject: Directions
Mike,
Can I get the directions or address to tomorrow's match for the Fractals, I
think it is at 7pm in the csc 1. Also thanks for being flexible in
changing our schedule.
Regards,
Paul
| 147,227 |
||
bass-e/inbox/294.
|
FW: OU Stadium Renovation ,
HOOK'EM
-----Original Message-----
From: <[email protected]>@ENRON
Sent: Tuesday, November 27, 2001 2:02 PM
To: [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]; [email protected]
Subject: OU Stadium Renovation
Norman (AP)
Oklahoma University Athletic Director Joe Castiglione announced today that
due to recent developments, the renovations at Owen Field are well ahead of
schedule and will come in under costs. Seems over 71,000 fans shit a brick
during the fourth quarter of the bedlam football game, providing the
necessary materials to begin work right away.
----------------------------------------------------------------
The information transmitted is intended only for the person or entity to
which it is addressed and may contain confidential and/or privileged
material. Any review, retransmission, dissemination or other use of, or
taking of any action in reliance upon, this information by persons or
entities other than the intended recipient is prohibited. If you received
this in error, please contact the sender and delete the material from any
computer.
| 15,412 |
||
mann-k/all_documents/2513.
|
Re: ENA / Coral Turbine Transaction ,
What is the current gain estimate on this deal?
Kay Mann
12/11/2000 10:37 AM
To: Lisa Bills/Corp/Enron@ENRON, Herman Manis/Corp/Enron@ENRON, Roger
Ondreko/HOU/ECT@ECT, Roseann Engeldorf/Corp/Enron@ENRON, Matthew F
Gockerman/HOU/ECT@ECT
cc: Ben Jacoby/HOU/ECT@ECT
Subject: ENA / Coral Turbine Transaction
Hot of the press. This should be very close to the last version.
Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000 10:36
AM ---------------------------
"Campbell, Carolyn" <[email protected]> on 12/11/2000 09:53:03 AM
To: "'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>
cc: "'[email protected]'" <[email protected]>,
"'[email protected]'" <[email protected]>, "Keffer, John"
<[email protected]>
Subject: ENA / Coral Turbine Transaction
<<2R6LRED.DOC>> <<2RM3RED.DOC>> <<2RLSRED.DOC>> <<2R6KRED.DOC>>
We have enclosed the following documents for your review:
1. Revised draft dated 12-11-2000 of the Letter Agreement for
CA Energy Development I, LLC, marked to reflect revisions from the draft
circulated by King & Spalding on 12-09-2000;
2. Revised draft dated 12-11-2000 of the Letter Agreement for
CA Energy Development II, LLC, marked to reflect revisions from the draft
circulated by King & Spalding on 12-09-2000;
3. Revised draft dated 12-11-2000 of the Letter Agreement for
CA Energy Development II, LLC pertaining to the transformer, marked to
reflect revisions from the draft circulated by King & Spalding on
12-09-2000; and
4. Revised draft dated 12-11-2000 of the Liability Company
Agreement of CA Energy Development I, LLC, marked to reflect revisions from
the draft circulated by King & Spalding on 12-09-2000.
We still need confirmation of the name of the last director for the LLC and
the date for exercising the call/put option in Section 6.2 of the LLC
Agreement. Please advise at your earliest convenience. Thank you.
Carolyn M. Campbell
King & Spalding
713-276-7307 (phone)
713-751-3280 (fax)
[email protected] <mailto:[email protected]>
Enclosures: 128541vR13/12
129099v4/3
129088v5/4
128540v9/8
Confidentiality Notice
This message is being sent by or on behalf of a lawyer. It is intended
exclusively for the individual or entity to which it is addressed. This
communication may contain information that is proprietary, privileged or
confidential or otherwise legally exempt from disclosure. If you are not the
named addressee, you are not authorized to read, print, retain, copy or
disseminate this message or any part of it. If you have received this
message in error, please notify the sender immediately by e-mail and delete
all copies of the message.
- 2R6LRED.DOC
- 2RM3RED.DOC
- 2RLSRED.DOC
- 2R6KRED.DOC
| 305,282 |
||
white-s/deleted_items/341.
|
RE: URGENT....EPMI Performance books - GCP Completed Response ,
I can see them. Thanks.
It is just that the short names are EPMI-EAST-PERF and EPMIWESPER ( not EPMI-WEST-PERF )
That could bring later confusion
-----Original Message-----
From: Rodriguez, Bernice
Sent: Friday, January 11, 2002 11:17 AM
To: Hare, Bill D.
Cc: Luu, Duong; Smith, Will; Nommensen, Dave; Crooks, William; Kroumov, Kroum; White, Stacey W.; Postlethwaite, John; Evans, Casey
Subject: URGENT....EPMI Performance books - GCP Completed Response
All,
The following have been setup in GCP:
CP# 166981 EPMI East Performance
CP# 166985 EPMI West Performance
PLEASE NOTE:
I have confirmed with Casey that ALL traders (active or inactive in GCP) must be attached to these books. I am currently working with GCP IT to attach about 350 traders from the back end and will advise when this step is completed.
Bernice
x37972
-----Original Message-----
From: Hare, Bill D.
Sent: Friday, January 11, 2002 11:08 AM
To: Rodriguez, Bernice
Cc: Luu, Duong; Smith, Will; Hare, Bill D.; Nommensen, Dave; Crooks, William; Kroumov, Kroum; White, Stacey W.; Postlethwaite, John
Subject: FW: URGENT....EPMI Performance books
Please inform Casey when complete
Bill
-----Original Message-----
From: Evans, Casey
Sent: Friday, January 11, 2002 11:06 AM
To: Luu, Duong; Smith, Will; Hare, Bill D.; Nommensen, Dave; Crooks, William; Kroumov, Kroum
Cc: White, Stacey W.; Postlethwaite, John
Subject: URGENT....EPMI Performance books
The request to have all currently performing deals moved to the East Performance and West Performance books has just been expressed as URGENT.
As soon as the East Performance and West Performance books are set up in Global, we will need Enpower refreshed ASAP.
Bill H. is coordinating the setup in global, Dave/Crooks are coordinating the script to be run to change the primary desk name.
If anyone has any questions at all, PLEASE let me know. Thanks to all and sorry for the fire drill!
Casey
3-4361
| 504,313 |
||
kaminski-v/all_documents/1117.
|
Research Tip ,
Hello Vince:
My name is Fati Liamidi. I work as an Associate in the URM group in EES.
I have come up with an value proposition which I think could make sense for
my group and wanted to run it by one of your colleagues to see if they could
help me out in terms of pricing.
Would you mind directing me toward somebody in your group who would be
willing to talk to me? The idea involves options.
Thanks you very much in advance.
Fati Liamidi
3-4563
| 203,529 |
||
dasovich-j/all_documents/3231.
|
to my CA friends ,
My advice to President W or to the '04 GOP nominee in the unfortunate case
that it's not W running for re-election:
Never, ever, ever again step foot in the state of California during the next
four years including your race for re-election. The only exception would be
to attend Ronald Reagan's funeral.
It's a waste of time.
As president, make regular trips to Florida, Illinois, Michigan, PA,
Wisconsin and any other state that doesn't cost you $12 million and hours of
wasted time in the air to get there, only to reject you by a solid 13
percentage points. If a candidate like you can't win in CA, then a total GOP
abandonment of the state should be imposed for the next millennium. I don't
care how many electoral votes they may have. You're young, attractive (which
is usually all it takes in CA), you spent lots time and money, had an
opponent who spent nothing, sold your political soul by disavowing 189 and
209 in order to reach out to minorities and were right on all the issues for
the techies like tort reform, taxes and rolling back regulations.
How can a candidate try to influence the deep thinkers who call CA home when
you're up against the sound advice they receive from Cher, Babs, the Baldwin
Brothers, the DreamWorks team, Whoopie and Rosie. It's obvious that
Californians would rather send to Washington, someone who can inspire a hit
TV program like the "West Wing", two liberal senators (one of whom is the
shrillest, most hypocritical apologist in political history) and a vast
majority of liberals to the U.S. House while rejecting decent people like
Jim Rogan, Steve Kynendall and Brian Bilbray.
Once in office, you should work with the Republican congress to reward these
Californians by ensuring that they receive no highway money, no research
money and most of all, no disaster relief money. The last one should really
hurt since they're due for another big one, or a big fire, or a big mud
slide, or a big Pacific storm.
Of course, this advice is coming from someone who now calls a state home
that has decided to send to the United States Senate, one of the most
truthful, honest, humble, dedicated and caring individuals ever to
unselfishly enter public life. I mean elected public life, because she's
already been working on the issues that really matter to families for over
30 years.
| 62,865 |
||
mann-k/all_documents/5904.
|
RE: Charlotte ,
I just got off the phone with Paige. she is going to the game with Mikey and
the boys.
I will confirm with Charlotte we will pick Michael up after the game,
correct. NM
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Tuesday, May 22, 2001 4:19 PM
To: [email protected]
Subject: Charlotte
I'm on a conference call. Could you call Charlotte ASAP and review the
plan for tonight. Paige is in her car if you need her input.
ckm
| 309,025 |
||
kean-s/all_documents/734.
|
,
Joe asked me to get in touch with you regarding Indian media
reports/inquiries on possible sale or sell down of Dabhol and to discuss a
possible statement in the event we get additional inquiries. Give me a call
- 713-853-1586, home: 713-621-6550; pager: 888-906-9761.
| 231,319 |
||
grigsby-m/sent_items/137.
|
FW: Call in information for Fundamental Analysis Strategy Meeting ,
-----Original Message-----
From: Sheppard, Kathryn
Sent: Tuesday, October 02, 2001 10:40 AM
To: Richey, Cooper; Gaskill, Chris; Grigsby, Mike; Ryan, David
Cc: Lavorato, John; Zufferli, John; Allen, Phillip K.; Heizenrader, Tim
Subject: Call in information for Fundamental Analysis Strategy Meeting
The call-in information for the Portland Fundamental Analysis Strategy Meeting is as follows:
Date: Each Tuesday
Time: 1:00 p.m. (PDT)
Dial In Number: 877-233-7852
Participant Code: 328886
If you have any questions, please contact Kathy Sheppard at 503-464-7698.
Thanks.
| 144,985 |
||
tycholiz-b/_sent_mail/59.
|
Legal Disclaimer ,
Gerald, here is some language that we have used in the past. I have adjusted it to reflect ENA. If there are any other changes, please do so. Otherwise, Sandy is will attach this to a file we are sending out with some historical numbers.
Pls note: IF there are any changes, copy me on them and I will update my file.
BT
| 490,169 |
||
beck-s/_sent_mail/1066.
|
DPR Holiday Schedule ,
Patti will send you on Monday a draft of a memo regarding publishing the DPR
during the holidays. Please review it and make sure that the commitments we
are making can be met by London. Let me know if anything needs to be changed
or if there is further clarification needed in the notes, keeping in mind
that with the audience on the memo that I want it to be short and easy. Your
comments/suggestions are welcomed and needed before I send this out later
next week. Thanks. --sally
| 20,597 |
||
taylor-m/online_trading/no_more_confirms/15.
|
EOL Amendment ,
Mark,
Attached is an EOL Amendment for the Texaco entities. EPMI does not trade power with Texaco so Janet does not need to see this amendment.
Stacy
|
legal <[email protected]>
| 483,495 |
|
steffes-j/inbox/35.
|
Enron dismisses doubts ,
Business/Financial Desk; Section C
Enron Tries To Dismiss Finance Doubts
By FLOYD NORRIS
10/24/2001
The New York Times
Page 1, Column 5
c. 2001 New York Times Company
Enron has ample access to cash, the company's chief executive said yesterday as he assured investors that there was no need for additional write-offs stemming from unusual financing activities.
In a conference call with investors that was hastily scheduled after Enron's stock plunged on Monday, the chief executive, Kenneth W. Lay, strongly defended the company's chief financial officer and said there was no conflict of interest involved in transactions that the Securities and Exchange Commission was looking into.
But he refused to go into detail on the transaction that Enron made with partnerships run by Andrew S. Fastow, the chief financial officer. In addition, Mr. Fastow, while declaring that Enron ''expects to continue to have sufficient liquidity to meet normal obligations,'' declined to answer any questions about it.
The conference call, which began just as trading opened on the New York Stock Exchange, at first seemed to be reassuring investors. Within minutes of the beginning of the call, the share price rallied to $23.25. But it soon began falling, and ended the day down 86 cents, at $19.79. The day's low of $19.62 was the lowest since Jan. 12, 1998, and was down 78 percent from the high set by the stock in the summer of 2000.
Until recently, most investors focused on the company's reported operating earnings, which showed good results as it became a leading player in energy markets. But the focus has shifted to a series of transactions, some involving off-balance-sheet financing. One, involving partnerships controlled by Mr. Fastow, led to a $1.2 billion reduction in shareholder equity that raised concern last week and led to S.E.C. inquiries that the company disclosed on Monday.
One of the company's strongest supporters has been David Fleischer, an analyst at Goldman, Sachs. But he told Mr. Lay on the call yesterday that Enron had to be more forthcoming with information. ''There is an appearance that you are hiding something,'' he said.
After the call, Mr. Fleischer expressed disappointment. ''They've engaged in a number of transactions that one wonders about, and that are hard to understand,'' he said in an interview. ''They have not been as forthcoming in explaining them'' as is needed, he said. But he said he was still recommending the stock. ''I don't think accountants and auditors would have allowed total shenanigans,'' he said. ''In the absence of total shenanigans going on at this company, there is tremendous value here.''
Mr. Lay cited the S.E.C. inquiries as a reason for not discussing details on the transactions involving the partnerships that were controlled by Mr. Fastow. But he emphasized that both he and the company's board ''continue to have the highest faith and confidence in Andy.''
Mr. Lay said that auditors from Arthur Andersen had carefully reviewed Enron's reporting in conjunction with another off-balance-sheet vehicle, called Marlin. That company owns one-third of Azurix, an Enron subsidiary that owns Wessex, a British water utility. The auditors ''have determined there is no write-down required,'' he said under questioning by Richard Grubman of Highfields Capital Management, a money management firm.
Mr. Grubman said that Marlin owed almost $1 billion on debt that was guaranteed by Enron but had no assets other than the Azurix stake. Noting that Enron had paid about $300 million to buy a third of Azurix from public shareholders and had since taken write-downs on its investment in Azurix, Mr. Grubman asked why the company was not setting up reserves to cover its exposure on that debt, which under a complicated arrangement could end up being satisfied through the issuance of Enron shares.
Mr. Lay said that no action was needed but declined to address details. Eventually he cut off Mr. Grubman. ''I know you're trying to drive the stock price down, and you've done a pretty good job of it,'' Mr. Lay said. ''But let's move on to the next question.''
Mr. Fastow said the company was having no problem issuing commercial paper and had $1.85 billion in such debt outstanding. He said it was backed by $3.35 billion in bank lines of credit, of which $1.75 billion will expire next May if it is not renewed.
Mr. Lay said he was sorry about ''the misunderstanding'' that resulted when his brief mention of the $1.2 billion reduction in shareholder equity in a conference call last week was not noticed by some analysts. That reduction would have been apparent if the company had released its balance sheet with the earnings report, but it did not. He said the company would consider releasing balance sheets with earnings reports in the future, but made no promises.
The large reduction in shareholder equity did not affect reported earnings, and so was not in the earnings release. But it raised concerns that some of the sophisticated financing techniques used by the company might be effectively keeping losses off the earnings statement. The S.E.C. is expected to look into whether the accounting for that transaction was correct.
After one questioner on the call said it would be easier to understand Enron if it released financial statements for the special purpose vehicles that were set up to enter into such transactions as Marlin, Mr. Lay said the company ''will look into providing'' such statements.
713-853-9287
888-703-0309
| 454,790 |
||
hernandez-j/inbox/348.
|
From the Jim Rome Show talking about A & M ,
1) They won't shut up. They have to go on about spirit, and old army, and r=
ed ass, and how bonfire represents the burning sensation they have in their=
urine to beat UT, and blah blah blah. Shut up. You start to get the feelin=
g the entire school was built to spite UT.=20
2) Forget the fact that when the Texas Legislature back in the 1870's passe=
d legislation to start a state university they also decided to have a subsi=
diary branch of the main school (University of Texas) that would teach agri=
culture and mechanics. Aggies love to say their school is older, from where=
they get that I don't now......the fact is, the State intended A&M to be a=
branch of UT. They are like the afterbirth from the original creation. Lik=
e Danny Devito in "Twins".=20
3) So they apparently have this complex, so much so, that they must devote =
their entire school to trying to prove to UT that they are just as good. Al=
l the while, nobody at UT denies that A&M is a good school, yet they won't =
shut up. So they write a fight song......about?....Texas, and how they want=
to beat them. They have a Fish Camp for freshman where they tell them how =
bad Texas is and how good A&M and all its traditions are. It is the world's=
largest known case of penis envy, and it is manifested in everything A&M d=
oes.=20
4) The people at A&M. Now we all have friends who went to A&M or are at A&M=
. There are some nice people there. However...there is the Corp. East Texas=
' answer to dreams of ROTC kids everywhere. For every boy scout who never l=
earned to stop playing with his GI Joe Toys, there is the Corp. Now, forget=
the fact that A&M will actually let people with sub-par grades enroll if t=
hey agree to join the Corp. Forget the fact that the Corps looked like a Ge=
stapo hate rally while beating down students on Kyle Field in 1995. Forget =
the fact that along with the numerous hazing charges that have been filed a=
gainst them, and swept under the rug over the years, they just this past mo=
nth have had one Corps member bring charges against another Corps member wh=
o apparently had been propositioning others for a little actual sodomy. Not=
only could I go on with more instances of idiocracy by these Khaki-clad-sh=
aven-headed-dorks, I am sure each of you have your own stories. The point i=
s: We all respect West Point, Annapolis, The Air Force Academy; however, no=
body respects the Corp. I imagine they are kind of the laughing stock of th=
e military world. Just because you dress like the Army, and try and act lik=
e the Army, does not make you the Army. People at A&M don't even respect th=
ese clowns. It is not cool to shave your head and dress up. Halloween is on=
ly supposed to be one day of the year. If you want to carry guns and beat u=
p civilians, move to Israel.=20
5) It is even less cool to slobber on somebody's daughter on national telev=
ision and call it a tradition. Dry humping 18 year old girls in the stands =
at football games is not cool. Not only is it not cool, it should be agains=
t the law. I know that in College Station, students are just prone to mount=
each other on the campus lawn, or in the middle of class, or anytime anyth=
ing good happens you can just grab the girl sitting next to you and start s=
ucking on her face. But everywhere else in the world, it is looked down upo=
n. Especially if you are doing it on my TV. That is why we have moved the g=
ame from Thanksgiving. Because people across the nation were gagging on the=
ir turkey when in the middle of watching a football game, some boy scout is=
tongue thrashing some overweight co-ed during somebody's Thanksgiving dinn=
er. We do not need to see burly women engaged in a suckfest every time your=
woeful offense manages to put points on the board. Some of these girls are=
in desperate need of a trip to the Clinique counter. Screw that, forget ma=
ke-up, it is too late for that, just give them a veil.=20
6) "t.u." is not funny. It is NOT insulting. It is dumb. Just imagine if fo=
lks from Texas kept talking about M&A and giggling. That would not be funny=
. In fact, it would be retarded. That's why UT fans don't do it. Please lea=
rn.=20
7) You want to lose the image of country bumpkins, of a people fond of shee=
p, of people that aren't stupid? Then quit building things that fall down. =
Quit chasing cheerleaders around with swords on national TV. Quit whooping =
in church. Quit whooping period. Quit putting up scoreboards for the enjoym=
ent of dead mammals. Quit spending your Friday nights practicing how to yel=
l. Quit telling rape jokes to reporters when you're running for Governor. W=
hen you are filling out season ticket renewals, and the form asks for your =
phone #, H & W, quit putting 258-3999, Height 6'3", Weight 185. Just, colle=
ctively, stop making asses of yourselves. Go to East Texas, tour every smal=
l town, and ask every red neck with a 5th grade education why they cheer fo=
r A&M and wear maroon. That is your fan base. This is why you are perceived=
by the educated masses as stupid.=20
8) Nobody cares if you think your band is better. They might be louder, the=
y might march in neat little zig zags, but they have no musical ability. Th=
e point is, nobody cares who wins halftime. Quit getting geeked up about ma=
rching bands. I find it hard to believe you stood through your high school =
band's entire halftime performance. And why? Cause nobody cared then and no=
body cares now. Plus, you can hear them fine sitting down even if you do ca=
re. Why is it cool all of a sudden now that you're in college?=20
9) Men should never let out high pitched whooping sounds. Perhaps the only =
justifiable situation in which this can be tolerated is perhaps during an a=
nal probe. Oh wait...I understand now.=20
10) Dogs are not ladies. They don't look or smell like ladies. Dogs eat the=
ir own feces and should be treated accordingly.=20
11) Finally, College Station is an arm-pit of a town. Quit pretending that =
it is a great college town. It is a town and there is a college there. That=
should be the end of this comparison. If you feel that life doesn't get an=
y better than the Dixie Chicken, and enjoy being stuck in a never ending "D=
ukes of Hazard" episode, then move there. More importantly, don't move to A=
ustin.....they are trying to create an educated, technological, and open mi=
nded population base. Austin is, and will continue to be, the birthplace an=
d final resting place of all that is cool. As my friend Stephen Johnson onc=
e said: "If the world were ever to get an enema, College Station is where y=
ou would connect the hose." If you go to school at A&M, please don't be an =
Aggie.
| 168,449 |
||
parks-j/deleted_items/652.
|
FW: requested historical extract ,
Here are the quotes...
-----Original Message-----
From: Considine, Keith
Sent: Friday, February 22, 2002 9:43 AM
To: Bowler, Tim; Barone, Michael
Subject: FW: requested historical extract
Here's the data from Truequote.
-----Original Message-----
From: Trevor Atkins [mailto:[email protected]]
Sent: Friday, February 22, 2002 8:33 AM
To: Considine, Keith
Subject: requested historical extract
Keith,
Please find attached the report that you requested. I am leaving shortly for an off-site meeting, but if you have any questions, I will be in the office first thing Monday morning.
Best,
Trevor L Atkins
Trevor L. Atkins
Project Manager
True Quote, LLC
Work (800) 327-1499
Direct (502)-212-4912
[email protected] <mailto:[email protected]>
[email protected] <mailto:[email protected]>
| 355,939 |
||
ruscitti-k/all_documents/66.
|
Vector Pipeline line pack purchase. ,
Vector Pipeline will be purchasing line pack gas for gas day November 11,
2000. Please see attached document.
(See attached file: Offer to Purchase Nov. 11.doc)
Keith Irani
Manager, Marketing Services
Vector Pipeline
416 495-5960
[email protected]
- Offer to Purchase Nov. 11.doc
| 383,053 |
||
jones-t/all_documents/5883.
|
The Insider from Travelocity.com ,
Winter Escapes
Dear Tana,
Some like it hot. For the rest of us, there's winter. Whether your=20
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=01=07??Travelocity's Been There
=01=07??Today's Real Deals
Destination Guides
=01=07??Vail
=01=07??Sydney
=01=07??Taos
=01=07??Switzerland
=01=07??Florida
Site Features
=01=07??FREE Issue of Travelocity Magazine!
=01=07??Need to Find a Gift for the Traveler in Your Family?
Travelers Network
=01=07??Traveler Reviews
=01=07?? Tips & Advice=20
=01=07?? Travel Tip=20
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=01=07??Mandalay Bay--Monte Carlo
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Killington, Mount Snow, and Sunday River are a day-trip away. You get=20
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Vancouver, too, is a great place to visit if you're looking to=20
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Ask a circle of friends their thoughts about Las Vegas, and you're=20
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Why buy mom another sweater for Christmas when you can give her the=20
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Escape the cold! Head to the Caribbean island of Puerto Rico and EARN=20
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six-day/five-night American Airlines Vacations package at=20
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Fantastic 2-Night Deals in Las Vegas for as Low as $23!
Book Vegas today! Try your luck on the slots or just enjoy the city's=20
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Stay at Divi Resorts and save 35 percent or get free nights! Divi=20
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***DESTINATION GUIDES***
Vail
Vail has been synonymous with skiing since the 1960s, and is still=20
rated the best ski area in the United States by many polls year after=20
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remains popular. And unlike some ski areas, the town of Vail is a=20
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Sydney
Want to escape winter for real? Then head down under, where summer is=20
getting going as the first chill gusts of winter blow through the=20
Northern Hemisphere. Sydney's an exciting place to visit any time.=20
And with Olympic tourists long gone, and the weather getting=20
beautiful, now's a great time to discover the opera house,=20
picturesque harbor, world-famous Bondi Beach, and more.=20
Taos
Located in the beautiful Sangre de Cristo Mountains, Taos is=20
different from many ski towns you may have visited. Many have the=20
dining and entertainment options that Taos (population: 5,000) has,=20
but few can boast of having a cultural scene quite like Taos. For=20
over 100 years, the town has attracted a growing number of artists,=20
drawn by the distinctive light, desert beauty, and supportive=20
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Mexican and Native American populations would make this a fascinating=20
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the best in the Rockies.=20
Switzerland
For a winter getaway with a European flavor, Switzerland is the place=20
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Hate snow? Love sunshine? Think "winter wonderland" is an oxymoron?=20
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=01=07??How to Save Money on Your Winter Vacation
=01=07??Renting Ski and Snowboard Equipment
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You got your brand new waterproof ski jacket, cool goggles, and the=20
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the hill safe and fun for you and all those around. See our skiing=20
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:::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::=
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Happy Travels!=20
The Travelocity.com Team=20
Go Virtually Anywhere!=20
travelocity.com
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Travelocity.com LP. All rights reserved. WB/WS=20
#254 CST#2050374-40=20
| 186,674 |
||
campbell-l/all_documents/1171.
|
NYS Reliability Council Executive Committee ,
[email protected] writes to the NYISO_TECH_EXCHANGE Discussion List:
The Reliability Compliance Monitoring Subcommittee ("RCMS") of the New York
State Reliability Council ("NYSRC") is posting this message to inform all
interested parties of the ability to participate, on a "listen-only" basis,
in the Open Session of the NYSRC RCMS' Meeting No. 12 scheduled for
December 12, 2000, starting at 12:30P.M. Shown below is the Agenda for
this Open Session. Those wishing to participate on a "listen-only" basis
can call (334) 240-1633, and enter Participant Code 180077. Participants
will be required to place their telephones on mute so as not to prevent
other parties from participating. Those who plan on listening to the Open
Session shall send an email to Mr. Al Adamson at "[email protected]"
with the names of the individuals & organizations participating.
Should you have any questions, please contact me by email at
[email protected] or by phone at (607) 762-4698.
Joseph C. Fleury
Secretary, NYSRC Executive Committee
Open Session Agenda
Open Session - 12:30 PM (Dial-In #: 334-240-1633, Participant Code: 180077
6.0 Compliance Review Summary: Status - G. Campoli
7.0 Compliance Templates: Status - G. Campoli/A. Adamson
8.0 NYSRC Compliance Monitoring Procedure (Policy 4-0): Status- A. Adamson
9.0 RCMS Compliance Reviews
9.1 Local Rules #1-5: Oversight Review of ISO Assessments - G.
Campoli
9.2 DMNC Testing: Oversight Review of ISO Assessment - G. Campoli
9.3 Monthly Operating Reports - G. Campoli
9.3 LSE Capacity Responsibility - G. Campoli
10.0 2001 NYRCP Assessments: For Review and Comment - A. Adamson
11.0 Other Business
12.0 Future Meetings: January 10 @ NYISO, February 7 @ NYC (tentative)
| 40,384 |
||
lay-k/inbox/1056.
|
Action Requested: Past Due Invoice for User: KENNETH LAY ,
Alert!
You are receiving this message because you have an unresolved invoice in your iPayit in-box that is past due. It is critical that you login to iPayit and take immediate action to resolve this invoice.
Remember, you play an important role in ensuring that we pay our vendors on time.
Tip!: You must login to the system to forward this invoice to another user.
To launch iPayit, click on the link below:
http://iPayit.enron.com
Note: Your iPayit User ID and Password are your eHRonline/SAP Personnel ID and Password.
First time iPayit user? For training materials, click on the link below:
http://isc.enron.com/site/doclibrary/user/default.asp
Need help?
North America: ISC Call Center at (713) 345-4727.
Europe: European Accounts Payable at +44-20-7783-7520.
Asia-Pacific: Sydney Accounts Payable at +61-2-9229-2336
| 271,358 |
||
taylor-m/all_documents/3637.
|
Chinese Wall Issue ,
FYI
----- Forwarded by Mark Taylor/HOU/ECT on 11/02/2000 06:56 PM -----
Debbie R Brackett
11/02/2000 06:26 PM
To: Tomas Valnek/LON/ECT@ECT
cc: david Hardy/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Markus
Fiala/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT
Subject: Re:
I discussed with Mark .....since eratings are based on proprietary info we
have received, Chinese wall must stand.
Sorry ...
Debbie
Tomas Valnek
11/01/2000 08:33 AM
To: Debbie R Brackett/HOU/ECT@ECT
cc: david Hardy/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT, Markus
Fiala/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT
Subject: Re:
Debbie
I am aware there is information that EnronCredit is not allowed to see.
However as far as I can tell, the RAC website contains other counterparty
information like E-ratings that we are allowed to see, and it is that
information that I would like to get access to.
Regards
Tomas
From: Debbie R Brackett
01/11/2000 14:26
To: Tomas Valnek/LON/ECT@ECT
cc: David Hardy/LON/ECT@ECT, Mark Taylor/HOU/ECT@ECT
Subject: Re:
Tomas,
EnronCredit.com is prohibited from access to counterparty trade positions per
instructions from legal. That, in short, means you can't see counterparty
exposures, or CAS. Bryan asked earlier this year for him and Markus and we
had to give them the same response.
As to access to the RAC site, you should have general access to public data.
I'll have to check with Mark Taylor about your access to other info.
Debbie
Tomas Valnek
11/01/2000 04:28 AM
To: Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT
cc:
Subject:
Any luck!?
TV
---------------------- Forwarded by Tomas Valnek/LON/ECT on 01/11/2000 10:31
---------------------------
Tomas Valnek
26/10/2000 17:08
To: Debbie R Brackett/HOU/ECT@ECT, David Hardy/LON/ECT@ECT
cc:
Subject:
Debbie/David
Would it be possible for my group and myself to get logins to the RAC
intranet site and trader view of CAS.
Many thanks
Tomas
| 475,320 |
||
hyatt-k/projects/sun_devil/121.
|
RE: sun devil shipper credit proposal ,
Looks fine by me. Keep in mind that outside investors and lenders may have additional requirements.
-----Original Message-----
From: Hyatt, Kevin
Sent: Thursday, February 14, 2002 2:37 PM
To: Gadd, Eric
Subject: sun devil shipper credit proposal
<< File: Shipper Credit.doc >> Eric, per our conversation with Jim Adams, I have drafted additional credit terms with the help of Paul Cherry, Rod Hayslett, and Jerry Peters. The document is "For Discussion Purposes Only" with Panda. If you approve, I'll send it to Jim.
let me know,
thx
| 175,096 |
||
martin-t/calendar/35.
|
HPL - Writing Bankrupt Customers to Credit Reserve ,
Attendees:
Bob Hall
Sally Beck
Wes Colwell
Bill Bradford
Leslie Reeves
Heather Choate sent email on 5/4/01
| 322,878 |
||
haedicke-m/all_documents/101.
|
Re: Referral of 1500 MW Project to Enron NA ,
Thanks for the heads up! Mark
| 151,588 |
||
scott-s/inbox/63.
|
got your ticket ,
Susan,
We bought your ticket yesterday. I will either put it in the mail to you today, or if I do end up making it to the states, I will mail it from there. Where do you want to go when you get here?
-Chris
Do You Yahoo!?
Make international calls for as low as $.04/minute with Yahoo! Messengerhttp://phonecard.yahoo.com/
| 408,660 |
||
sanders-r/sent_items/525.
|
RE: Baseball ,
The Horror, the Horror
-----Original Message-----
From: "G. Vance Tucker" <[email protected]>@ENRON
Sent: Monday, November 05, 2001 8:06 AM
To: Sanders, Richard B.
Subject: Baseball
Now that the Astros have hired Williams, they'll be my favorite NL
team. I would love for the Astros to do well just to make Dan Duquette
look stupid.
And in the World Series good triumphs over evil.
I would give you the second half of the old "I have some good news and
some bad news for you" but given your employer, that would just be
piling on.
-Vance
| 397,982 |
||
perlingiere-d/deleted_items/2.
|
FW: Sweetness ,
this is awesome!
Theresa Zucha
Enron North America Corp.
1400 Smith St., EB3884
Houston, TX 77002
Phone: 713/345-4582
Fax: 713/646-3490
[email protected]
-----Original Message-----
From: "Hampton, Frances" <[email protected]>@ENRON
Sent: Monday, October 29, 2001 4:14 PM
To: Bob Hampton (E-mail); 'Cathy'; 'Deborah'; 'DorisAG'; Randy & Jane Getchell (E-mail); 'Judy Moore (WK)'; Garza, John; Marianne Easley (E-mail); 'OB (Pops)'; Zucha, Theresa
Subject: FW: Sweetness
> Here's a little something to brighten your day.
- Moments_1.pps
| 360,266 |
||
nemec-g/all_documents/4915.
|
Re: CA Data Sheet ,
Hi Gerald: Nothing wit or pertaining to North Coast Gas Transmission LLC to
the best of my knowledge.
Kay
Kay C. Young
Legal Specialist
Enron North America Corp.
713-853-6794 Phone
713-646-3393 Fax
[email protected]
Gerald Nemec
02/13/2001 10:23 AM
To: Kay Young/HOU/ECT@ECT
cc:
Subject: CA Data Sheet
Kay, PLease see the attached.
| 346,313 |
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shackleton-s/all_documents/1519.
|
SmartPortfolio.Com Update: Techs Surge, Dow Slips in Active Trading ,
---------------------- Forwarded by Sara Shackleton/HOU/ECT on 03/22/2000=
=20
05:48 PM ---------------------------
"SmartPortfolio.Com" <[email protected]> on 03/22/2000 07:11:=
05=20
PM
Please respond to "SmartPortfolio.Com" <[email protected]>
To: Sara Shackleton/HOU/ECT@ECT
cc: =20
Subject: SmartPortfolio.Com Update: Techs Surge, Dow Slips in Active Tradin=
g
The following is a FREE service brought to you by
SmartPortfolio.Com, located on the Web at
http://www.smartportfolio.com
<A HREF=3D"http://www.smartportfolio.com">AOL users click here</A>
Update March 22, 2000
Wednesday's Market Update: Techs Surge, Dow Slips in Active
Trading
1. Wednesday's Market Action
2. Internet and Tech Stocks
3. Notable Earnings Announcements
4. Notable Upgrades and Downgrades
5. Stock Splits
6. IPO Commentary
7. IPOs Trading Wednesday
8. IPO Calendar
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The top 10 point leaders as of 5:00 PM EST today are:
1. Arshad Siddiquee
2. Lee Gayda
3. Joseph Yatco
4. Ziad Elkhalil
5. Davina Irwin
6. Marc Goemaere
7. John Briggs
8. Bob Forsman
9. Carol Lilley
10. Tukay Aper
1. Wednesday's Market Action
$ Change % Change Close
Dow Jones Industrials -40.64 -0.37% 10866.70
S&P 500 +6.77 +0.45% 1500.64
Nasdaq +153.07 +3.25% 4864.75
Internet Stock Index +41.98 +4.10% 1064.77
Tech stocks propelled the Nasdaq higher today as tech investors
put yesterday's interest rate hike from the Fed behind them.
Yesterday, the Fed raised two critical short-term interest rates
by 25 basis points (which equals 0.25%) each. Today, Federal
Reserve Chairman Alan Greenspan made positive remarks concerning
the remarkable growth of the U.S. economy. Greenspan attributed
much of the growth to the substantial increase in labor
productivity. This is positive news to investors because to the
extent workers are more productive (due to technological
improvements), businesses produce more goods and services
without a commensurate increase in wages. This, in turn,
suggests that wage inflation is being kept in check,
notwithstanding the nation's strong economic growth, which means
there is less of a reason to raise interest rates.
Large cap tech stocks were the driving force behind today's
rally. Leading the way was Cisco Systems (Nasdaq:CSCO), up 3
33/64 (2.50%) to 144 3/8, Oracle (Nasdaq:ORCL), up 3 3/8
(+4.18%) to 84 1/16, and America Online (NYSE:AOL), up 4 1/8
(+6.12%) to 71 1/2. Other large non-tech movers today included
Walt Disney (NYSE:DIS), up 1 1/8 (+2.87%) to 40 5/16, General
Motors (NYSE:GM), up 1 9/16 (+1.95%) to 81 3/4, and Citigroup
(NYSE:C), up 13/16 (+1.40%) to 58 7/8. On the downside, 3M
(NYSE:MMM) fell 4 7/16 (-4.91%) to 86, SBC Communications
(NYSE:SBC) dropped 2 (-4.42%) to 43 1/4, and Honeywell
(NYSE:HON) declined 3 3/4 (-7.50%) to 46 1/4.
General Electric (NYSE:GE) shares continued to impress today,
edging up 3/8 (+0.25%) to 150 7/8 on continuing announcement
from the conglomerate's announcement yesterday that its first
quarter earnings would come in "modestly" higher than expected.
The online and offline worlds came together today in another
cross-marketing alliance, this one between Pepsi-Cola (NYSE:PEP)
and Yahoo! (Nasdaq:YHOO). The companies announced a joint
online and offline promotional campaign called "Pepsi Stuff.com"
that will last 5 months beginning in August. The program will
enable consumers to earn online awards and discounts from
promotions appearing under the caps of bottled Pepsi products.
A Yahoo! logo will also appear in close to 50,000 retail stores
nationwide where Pepsi products are sold. Yahoo shares rose 5
7/16 (+2.84%) to 197 3/16 and Pepsi shares declined 13/16 (-
2.37%) to 33 1/2.
2. Internet and Tech Stocks
For a FREE trial to SmartPortfolio.Com's in-depth analysis of
selected Internet stocks, please visit:
http://www.smartportfolio.com/freetrial
<A HREF=3D"http://www.smartportfolio.com/freetrial">AOL users
click here</A>
Microsoft Corp. (Nasdaq:MSFT) led tech news today after
announcing an alliance aimed at establishing its position in the
burgeoning market for wireless handheld devices. The software
giant will team with Texas Instruments (NYSE:TXN), the world's
largest developer of semiconductor chips for mobile devices, to
develop improved software for these devices, such as personal
digital assistants (PDAs). Microsoft will use TI's digital
signal processors (DSPs) to enable its Windows CE operating
system that is used in wireless handheld devices. Microsoft
shares edged up 1/2 (+0.49%) to 103 1/4.
First Union (NYSE:FTU) shares rose 13/16 (+2.26%) to 36 11/16
after the bank announced plans to build and launch an e-
marketplace for small and mid-sized companies in the third
quarter of 2000. Among other things, the online service will
aggregate the buying power of participants to lower their
purchasing costs on a host of supplies, products, equipment and
services. First Union has tapped privately held Intelisys
Electronic Commerce to help set up the service.
PSINet (Nasdaq:PSIX) was also in the news after announcing it
would acquire Metamor Worldwide (Nasdaq:MMWW), a business
software and services company, in a stock deal valued at $1.9
billion. The move will help PSINet, an Internet access and
services provider, diversify into the e-commerce arena =0F-- as a
result of the deal, PSINet will also gain control over Metamor's
e-commerce software affiliate, Xpedior (Nasdaq:XPDR). Metamor
shares soared 108.30% (up 17 21/64) to 33 21/64 on the news.
Xpedior shares also impressed, gaining 53.71% (up 7 11/16) to
22, while PSINet shares slipped 16.04% (down 7 15/16) to 41
9/16.
The chip sector performed well today, once again on the heels of
a gain from industry leader Intel Corp. (Nasdaq:INTC), which
closed up 5 5/8 (+4.06%) to another all-time high of 144 1/16.
Meanwhile, Micron Technology (NYSE:MU) shares rallied today,
despite its announcement of lower than expected earnings
yesterday, after numerous brokerage firms came to the company's
defense today and offered positive comments. Micron shares
surged 20 (+16.77%) to 139 1/4. Rambus (Nasdaq:RMBS) shares,
which have fallen back in recent sessions, bounced back 31.43%
(up 83 51/64) to 350 3/8 today after a Morgan Stanley Dean
Witter analyst offered positive comments on the company and set
a price target of $500 per share.
Bio-tech stocks were again on the move today, this time to the
upside. These stocks have been very volatile in recent weeks,
so today's big gains must be viewed in the context of overall
recent declines. Nonetheless, Protein Design Labs (Nasdaq:PDLI)
gained 9 3/8 (+9.73%) to 105 11/16, Human Genome Sciences
(Nasdaq:HGSI) rose 14.55% (up 13 25/64) to 105 7/16, Affymetrix
(Nasdaq:AFFX) moved up 11 13/16 (+7.47%) to 169 7/8, and
Medimmune (Nasdaq:MEDI) added 15 13/16 (+9.92%) to 175 3/16.
Other big movers in the Internet and technology sectors include:
<> Vignette (Nasdaq:VIGN), jumping 16.32% (up 32 19/64) to 230
15/64 on news the e-business applications provider will join
forces with Breakaway Solutions (Nasdaq:BWAY) to help companies
build successful e-businesses.
<> Microstrategy (Nasdaq:MSTR), bouncing back 22.71% (up 16
27/64) to 88 47/64 after plummeting the first two days of this
week after it announced it would re-state earnings for the last
2 years.
<> Wireless Facilities (Nasdaq:WFII), gaining 20.93% (up 19
29/32) to 115; Sciclone (Nasdaq:SCLN), jumping 52.61% (up 5
63/64) to 17 23/64; and Selectica (Nasdaq:SLTC), surging 58.09%
(up 43 23/32) to 118 63/64.
Leading Internet and tech stocks performed as follows:
Company $ Change % Change Close
Amazon (Nasdaq:AMZN) -1 11/16 -2.33% 70 11/16
America Online (NYSE:AOL) +4 1/8 +6.12% 71 1/2
Commerce One (Nasdaq:CMRC) -2 5/16 -1.11% 206 11/16
Cisco (Nasdaq:CSCO) +3 33/64 +2.50% 144 3/8
CMGI (Nasdaq:CMGI) +2 3/4 +2.22% 126 3/4
Dell (Nasdaq:DELL) +1/8 +0.22% 58 1/8
Ebay (Nasdaq:EBAY) +18 1/8 +8.45% 232 5/8
ExciteAtHome (Nasdaq:ATHM) +2 7/16 +8.61% 30 3/4
Exodus (Nasdaq:EXDS) +14 1/8 +9.10% 169 3/8
Intel (Nasdaq:INTC) +5 5/8 +4.06% 144 1/16
Juniper (Nasdaq:JNPR) +7 1/4 +2.80% 266 1/4
Lucent (NYSE:LU) -4 1/2 -6.72% 62 1/2
Microsoft (Nasdaq:MSFT) +1/2 +0.49% 103 1/4
Oracle (Nasdaq:ORCL) +3 3/8 +4.18% 84 1/16
Schwab (NYSE:SCH) +3 1/16 +5.63% 57 1/2
Sun Micro. (Nasdaq:SUNW) -2 1/2 -2.52% 96 3/4
Qualcomm (Nasdasq:QCOM) +1/4 +0.19% 134 7/8
Qwest (NYSE:Q) -2 -4.04% 47 1/2
Yahoo (Nasdaq:YHOO) +5 7/16 +2.84% 197 3/16
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3. Notable Earnings Announcements
There were no notable earnings announcements today. For a
calendar of recent and upcoming earnings announcements, please
visit: http://www.smartportfolio.com/earnings.asp
<A HREF=3D"http://www.smartportfolio.com/earnings.asp">AOL users
click here</A>
4. Notable Upgrades and Downgrades
For full coverage of today's upgrades, downgrades and coverage
initiations, please click on the appropriate links below:
-- Upgrades - http://www.smartportfolio.com/upgrades.asp
<A HREF=3D"http://www.smartportfolio.com/upgrades.asp">AOL users
click here</A>
Quaker Oats (NYSE:OAT) was upgraded by Goldman Sachs to market
outperform from market perform. Shares of the packaged food
company lost 1 3/4 (-3.24%) to 52 1/4.
Agency.com (Nasdaq:ACOM) was upgraded by Goldman Sachs to
trading buy from market outperform. Shares of the Internet
professional services firm shot up 16.85% (up 4 11/64) to 28
15/16.
Gene Logic (Nasdaq:GLGC) was upgraded by ING Barings to strong
buy from buy. Shares of the bio-tech company surged 55.97% (up
22 1/4) to 62.
-- Downgrades - http://www.smartportfolio.com/downgrades.asp
<A HREF=3D"http://www.smartportfolio.com/downgrades.asp">AOL users
click here</A>
Merrill Lynch lowered its ratings on two jewelry retailers,
Tiffany & Co. (NYSE:TIF) and Zale Corp. (NYSE:ZLC), to near-term
accumulate from near-term buy. Tiffany shares fell 3 7/16 (-
4.56%) to 71 7/8 and Zale shares lost 3 3/4 (-7.51%) to 46 3/16.
Travelers Property Casualty (NYSE:TAP) was downgraded by both
ING Barings and Warburg Dillon Read to hold from strong buy.
Travelers Property shares were unchanged at 40 15/16.
-- Coverage Initiation:
http://www.smartportfolio.com/initiated.asp <A
HREF=3D"http://www.smartportfolio.com/initiated.asp">AOL users
click here</A>
Morgan Stanley initiated coverage of a host of building
materials companies, including Vulcan Materials Co. (NYSE:VMC),
down 1 (-2.28%) to 42 15/16, Masco Corp. (NYSE:MAS), down 9/16
(-2.52%) to 21 3/4, and Martin Marietta Materials (NYSE:MLM),
down 3/4 (-1.63%) to 45 1/4, with outperform ratings.
Nike (NYSE:NKE) was started by Credit Suisse First Boston with a
buy rating. Shares of the athletic shoe and apparel company
gained 5/8 (+1.89%) to 33 3/4.
JDS Uniphase (Nasdaq:JDSU) was initiated by W.R. Hambrecht with
a rating. Shares of the fiber optics company rose 3 7/8
(+3.05%) to 130 7/8.
Goldman Sachs started coverage of Elan Corp. PLC (NYSE:ELN) by
placing the company on its Recommended List. Shares of the
global pharmaceutical company edged up 5/16 (+0.73%) to 43 1/4.
5. Stock Splits
To obtain the latest information on stock splits, please visit:
http://www.smartportfolio.com/splits
<A HREF=3D"http://www.smartportfolio.com/splits">AOL users click
here</A>
This chart shows the companies that will split their shares
during the next 4 business days. The "Pay" column shows the
payable date. The "Ex" column refers to the ex-date, the date
on which the stock begins to trade at its split-adjusted price.
The ratio refers to the number of split shares stockholders will
receive (a 2:1 ratio means that stockholders will receive one
additional share for each share they already hold).
Pay Ex Ann. Split
Date Date Company Sym. Date Ratio
Mar 21 Mar 22 Evercel EVRC Feb 25 2-1
Mar 22 Mar 23 Trintech Group TTPA Mar 10 2-1
Mar 22 Mar 23 Active Voice ACVC Jan 27 2-1
Mar 22 Mar 23 Cisco Systems CSCO Feb 08 2-1
Mar 22 Mar 23 EchoStar Communications DISH Feb 28 2-1
Mar 22 Mar 23 Puma Technology PUMA Feb 23 2-1
Mar 22 Mar 23 Network Appliance NTAP Feb 23 2-1
Mar 22 Mar 23 Sanmina Corporation SANM Jan 18 2-1
Mar 23 Mar 24 Applied Micro Circuits AMCC Mar 13 2-1
Mar 23 Mar 24 Breakaway Solutions BWAY Mar 06 2-1
Mar 23 Mar 24 Applied Micro AMCC Mar 13 2-1
Mar 24 Mar 27 Pinnacle Systems PCLE Feb 04 2-1
Mar 24 Mar 27 Hauppauge Digital HAUP Feb 10 2-1
Mar 24 Mar 27 London Pacific LDP Mar 13 4-1
Mar 24 Mar 27 Art Tech Grp ARTG Feb 29 2-1
Mar 24 Mar 27 JWGenesis Fincl JWG Feb 16 3-2
Mar 25 Mar 27 California Software CAWC Feb 23 2-1
6. IPO Commentary - http://www.smartportfolio.com/ipo
<A HREF=3D"http://www.smartportfolio.com/ipo">AOL users click
here.</A>
Despite the underlying strength in the tech sector today, only
two companies made their public debut and with mixed results.
The big winner on the day was telecommunications chip component
maker inSilicon (Nasdaq:INSN), which surged 79.69%% to 21 9/16.
This company was highlighted in last week's Smat!IPO Report as a
likely winner.
The other IPO on the day -- that of PartsBase.com (Nasdaq:PRTS),
a provider of business-to-business (B2B) services in the airline
industry =0F-- did not perform as well. The company's shares fell
12.50% to 11 3/8.
Although PartsBase.com did not soar like some of its leading B2B
predecessors, such as Comemrce One (Nasdaq:CMRC), Ariba
(Nasdaq:ARBA), or VerticalNet (Nasdaq:VERT), this doed not
necessarily signal a shift away from B2B stocks. Rather, it is
due more to the recent flood of B2B IPOs. These IPOs should be
judged on their individual merits -- promising ones could still
fly. SmartPortfolio.Com will be watching.
There are many more very promising IPOs expected to start
trading later this week and next week. For more information on
these and other upcoming IPOs, please visit
http://www.smartportfolio.com/freetrial
<A HREF=3D"http://www.smartportfolio.com/freetrial">AOL users
click here.</A>
7. IPOs Trading Wednesday
inSilicon Corp. (Nasdaq:INSN) - Provider of communications
semiconductor intellectual property, or SIP, that is used by
semiconductor and systems companies to design complex
semiconductors called systems-on-a-chip, or SOCs, that are
critical components of digital devices.
Price: 12 Open: 23 High: 25 1/2
Close: 21 9/16 Change: +9 9/16 (+79.69%)
PartsBase.com Inc. (Nasdaq:PRTS) - An online provider of
Internet business-to-business e-commerce services for the
aviation industry.
Price: 13 Open: 13 High: 13 13/16
Close: 11 3/8 Change: -1 5/8 (-12.50%)
8. IPO Calendar - http://www.smartportfolio.com/ipo
<A HREF=3D"http://www.smartportfolio.com/ipo">AOL users click
here.</A>
*Indicates an Internet related issue.
*3/23 - Blaze Software Inc (NASDAQ:BLZE) - Provider of
infrastructure software that enables companies to provide their
customers, employees, partners and suppliers with adaptable and
personalized interactions that are consistent across all company
communication channels, or touchpoints.
3/23 - Breezecom Ltd (NASDAQQ:BRZE) - Developer and
manufacturer of wireless access products used worldwide by
service providers and private enterprises.
3/23 - Iteris Inc (NASDAQ:ITER) - Designs, develops, markets and
implements software based solutions that improve the safety and
efficiency of vehicle transportation.
3/23 - Sun Life Financial Services of Canada Inc (NYSE:SLC) - A
diversified financial services firm with operations in Canada,
the United States, the United Kingdom, India, Hong Kong, the
Philippines, Indonesia, Japan, Bermuda and Chile.
3/23 - Port Financial Corp (NASDAQ:PORT) - Holding company for
Cambridgeport Bank.
3/24 - eMachines Inc (NASDAQ:EEEE) - Provider of low-price
branded personal computers.
*3/24 - Eprise Corp (NASDAQ:EPRS) - Provides software products
and services that enable businesses to manage the information
contained on their Web sites.
*3/24 - Etinuum Inc (NASDAQ:ETIN) - Provides an integrated set
of strategic, technological, operational and analytical
solutions for clients e-commerce and other direct-to-customer
sales and marketing initiatives.
*3/24 - Hanaro Telecom (NASDAQ:HANA) - Provider of high-speed
Internet access, local telephony, multimedia and data services
in Korea.
3/24 - ImageWare Systems Inc (AMEX:IWU) - Develops, sells and
supports a suite of modular software products that is used by
law enforcement and public safety agencies to manage criminal
history records.
3/24 - Silicon Laboratories Inc (NASDAQ:SLAB) - Designer and
developer of proprietary, analog-intensive, mixed-signal
integrated circuits, or ICs, for the communications industry.
3/24 - Viasystems Group Inc (NYSE:VG) - A worldwide independent
provider of electronics manufacturing services, or EMS.
To find out more about which IPOs are expected to outperform,
please go to: http://www.smartportfolio.com/freetrial
<A HREF=3D"http://www.smartportfolio.com/freetrial">AOL users
click here.</A>
***********************Advertisement*************************
TERAYON (Nasdaq:TERN) SOARS 11.80% TODAY!
Haven't heard of this explosive broadband company?
Subscribers to the Smart!Internet Report have - they read an in-
depth analysis of this company back on October 13, 1999 when its
shares closed at 42 5/8; today, they closed at 197 7/8,
representing a 364% gain since that report!
To find out about your next compelling investment opportunity,
try a FREE 2-week trial subscription to the Smart!Internet
Report by visiting: http://www.smartportfolio.com/freetrials
<A HREF=3D"http://www.smartportfolio.com/freetrials">AOL users
click here</A>
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| 413,861 |
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sager-e/all_documents/1290.
|
documents you requested ,
We had a little Excel disaster this afternoon adding fields for ENA, so if
it's okay I'd like to deliver the environmental documents first thing Tuesday
morning. Unfortunately, Stacey is gone for the afternoon on personal matters
and I am leaving for a doctors appt as well otherwise we'd send them today.
You will have the map and the RPS and Disclosure standards and the New
England model rule first thing in the morning.
| 384,524 |
||
saibi-e/inbox/533.
|
CA/TX reads ,
40 percent of Texans Plan to Try Electricity Competition: When the gates to deregulation open on January 1, 2002, the race to choose a new energy supplier will begin in the Texas market. According to a recent Scripps Howard Texas poll, there will be plenty of consumers ready to make the switch. The poll predicts that 40 percent of Texans are likely to switch their electric providers when the state markets open to competition. Results also showed that a majority of Texans agree that there should be more competition in the states electric power industry.
Texas Deregulation Gets More Kudos: Texas' deregulation plan is receiving praise yet again as a successful approach to deregulation. The Retail Energy Deregulation Index (RED Index), a scorecard developed by the Center for the Advancement of Energy Markets (CAEM), lists Texas' deregulation plan as second only to Pennsylvania's deregulation approach. According to Ken Malloy, CEO of CAEM, Texas is primed for a successful transition to a competitive electric retail market. CAEM, an independent, non-profit, Washington, DC based, think-tank specializing in energy competition policies produces the Retail Energy Deregulation Index (RED Index).
Electric Choice Stalled in California: California's ongoing struggle to get above their problems with deregulation has finally came to a head. On September 20, the California Public Utilities Commission (PUC) suspended direct access until the Department of Water Resources no longer supplies power to the customers in California. The PUC's decision to take away direct access was deemed necessary to help the state pay for the upcoming 12.5 billion bond issue planned for later this year and to help pay off the states outstanding debt for energy purchased by the Department of Water Resources.
Although consumers can no longer change electricity providers, companies who already hold energy agreements will continue to receive service through the end of their contracts. EES is continuing to move forward in the California market with sales of natural gas procurement and delivery and many other services that are still needed in the region. With California consumers temporarily unable to seek the best price for power, services such as business risk management, distributed generation, and energy efficiency improvement services will become customers only outlet for achieving energy savings.
Daniel Weintraub: Now it's illegal to purchase your own electricity
> >
> > (Published Sept. 25, 2001)
> >
> > Buying your own has been banned in California. Electricity on the open
> > market is now officially contraband. Like prescription drugs, which you
> > can get only from a licensed pharmacy, electricity is something you can
> > buy from your local utility, which can make its own or buy it from the
> > state. Beyond that, it's an illegal substance.
> > It was the grand hope of a deregulated electricity industry that you and
> I
> > and the factory down the street would be able to buy our own juice from
> > the lowest bidder. It might have been a pain -- kind of like shopping
> for
> > telephone service. But just as breaking up Ma Bell spawned great leaps
> in
> > mobile phone technology, busting the utility monopoly was supposed to
> > usher in a new era for electricity.
> > Not that there were mobs of shopkeepers and apartment dwellers lobbying
> > the Legislature for consumer choice. It was the biggest users who really
> > wanted to cut their own deals. Under the old, regulated system, the huge
> > factories that make steel and cement and computers, and gobble up
> > electricity by the megawatt, were paying 50 percent more than their
> > competitors in other states. They wanted the right to shop around.
> > The Legislature agreed, but only to a point. Lawmakers permitted choice,
> > but they rigged the new system in its early years to favor the utilities
> > that were a powerful force in the Capitol. They made it nearly
> impossible
> > for the private generators to undercut the utilities' pricing, and they
> > put roadblocks in the way of cities that might have gathered their small
> > customers together and used their market clout to negotiate for lower
> > rates.
> > The government spent millions on an advertising campaign trying to
> > persuade us of the wisdom of buying our own energy. But there weren't
> > really many deals to be had. Now there are none.
> > Consumer choice died a quiet death last week at the hands of the Public
> > Utility Commission. Its demise was collateral damage from the mess that
> > was California's experiment in electricity deregulation.
> > Choice couldn't survive because the state, which now controls the energy
> > business, can't cope with the competition. If Californians were allowed
> to
> > buy their own electricity, pretty soon most of us would figure out that
> we
> > are getting a rotten deal from the state. As more people left the state
> > system, the few that remained would have to pay higher and higher rates
> to
> > keep the books balanced. Eventually, the whole thing would collapse of
> its
> > own weight.
> > We're in this fix because Gov. Gray Davis, when he stepped in to buy
> > electricity on behalf of the failing utilities in January, went too far.
> > Craving stability at any price, Davis bought almost all the energy the
> > state will need for the next few years and much of what we'll need for a
> > decade. And he bought that electricity at the top of the market, paying
> > prices that had never been so high, and might never be again.
> > As those prices were passed along to consumers, suddenly choosing your
> own
> > electricity supplier got more attractive than ever. Thousands of
> > businesses jumped at the opportunity. Among them were the big steel
> > factories in the Inland Empire region east of Los Angeles.
> > Tamco Steel of Rancho Cucamonga, which makes rebar, realized its annual
> > electricity bill was going to climb from $12 million to $26 million if
> it
> > stayed with the local utility, Southern California Edison, according to
> a
> > report in the Riverside Press-Enterprise. The company, which just laid
> off
> > 70 people, one-fourth of its workers, desperately started searching for
> > cheaper energy. It signed a deal with a private supplier on Sept. 1,
> just
> > days before the state slammed the door shut on such opportunities.
> > That's a scenario that was repeated up and down the state all summer,
> and
> > it illustrates why, in the twisted world of electricity regulation, the
> > Public Utilities Commission had to step in and just say no. Without the
> > ban there would have been a "jailbreak," in the words of one
> commissioner,
> > leaving small customers or the taxpayers holding the bag.
> > That decision might have been unavoidable, given the circumstances. But
> it
> > didn't have to be this way. Davis could have swallowed hard and ridden
> out
> > the storm earlier this year. He could have signed electricity contracts
> > for shorter terms at higher prices. That would have been painful,
> > financially and politically, but once the crisis passed, Californians
> > would have been free again to set their own course. Instead, we are
> > imprisoned in a high-priced, state-run system, and will be for years to
> > come.
> > California, in fact, is worse off than it was in 1995, when companies
> > stuck with high utility rates first asked for the freedom to buy their
> own
> > electricity. This does not seem like an unreasonable request, an act
> that
> > should be against the law. Yet now it is. The real crime, though, is the
> > state bungling that destroyed the electricity industry.
| 390,077 |
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mcconnell-m/_sent_mail/610.
|
DAVID G. EHLIS ,
Gary,
FYI and consideration, Billy Lemmons called me on this guy. It sounds like
we should talk to him.
mike
---------------------- Forwarded by Mike McConnell/HOU/ECT on 08/17/2000
04:18 PM ---------------------------
Maxine E Levingston@ENRON
08/16/2000 04:57 PM
To: Mike McConnell/HOU/ECT@ECT
cc: Cathy Phillips/HOU/ECT@ECT
Subject: DAVID G. EHLIS
Mike,
Attached is the resume I mentioned to you yesterday on voice mail. I can
personally speak for Dave as an outstanding performer. I am looking forward
to getting together with you in the next week or two.
Take care,
Billy
---------------------- Forwarded by Maxine E Levingston/Corp/Enron on
08/16/2000 04:45 PM ---------------------------
"Dave Ehlis" <[email protected]> on 08/04/2000 03:52:25 PM
To: "Billy Lemmons" <[email protected]>
cc:
Subject: Agribusiness
Billy,
?
Good talking to you today.??Thanks for taking a look at this.
?
Dave
- Agribusiness.doc
- DRES.doc
| 326,729 |
||
cash-m/sent_items/467.
|
FW: ECI and Employment contract payments ,
please print and file in diomedes christodolou's file. thanks. mhc
-----Original Message-----
From: Walls Jr., Rob
Sent: Thursday, November 01, 2001 1:30 PM
To: Cash, Michelle
Subject: FW: ECI and Employment contract payments
Michelle -
Your thoughts?
-----Original Message-----
From: Diomedes Christodoulou [mailto:[email protected]]
Sent: Thursday, November 01, 2001 12:59 PM
To: Walls Jr., Rob
Subject: ECI and Employment contract payments
Hi Rob,
I hope all is well with you and also that Enron is making full use of your experience and talent during this very difficult time.
I've been trying to get in touch with you by phone and as I realize you must be in all day meetings I thought I'd switch to email. In your message last time you asked me to get in touch with you this last Wednesday when you would have the outcome of Joe Dilg's review of the ECI contract and my employment contract (at least that's what I thought I understood but the message was breaking down).
As I have been postponing a deal I need to close for as long as I possibly can I really would appreciate it if you could provide me with the name of someone at Enron, in case you are swamped with other issues, with the authority to make the payments. As I mentioned before, the payments were due a few months ago and I'm now in real danger of not being able to close the deal at all if the payment is delayed further.
ESA is telling me I need to talk to Houston but I did not want to call Ken Lay's office at a time like this.
Please send me an email and also if you get some time please drop me a line to catch up on the personal side. I've been busy setting up my business in London and I think I should be ready to go with a couple of new ventures by the end of November.
Best regards,
Diomedes.
| 50,119 |
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beck-s/all_documents/1453.
|
EGM Management Summary/Hot List as of 9/14 ,
Attached is the EGM Management Summary and Hot List that will be reviewed
with Mike and Jeff at their staff meeting on Monday morning. Please give me
a call if you have any questions/comments.
Thanks,
Jeff
(39859)
---------------------- Forwarded by Jeff Smith/HOU/ECT on 09/15/2000 03:36 PM
---------------------------
Patricia Anderson
09/15/2000 03:21 PM
To: Jeff Smith/HOU/ECT@ECT
cc:
Subject: Hot List & Management Summary at 9/14
Patricia
| 22,101 |
||
heard-m/sent_items/352.
|
Master Agreement ,
Mr. Boytinck:
Pursuant to Jason Biever's request, I am attaching, for your review, a draft Master Agreement between Garden City Plaza Ltd. and Enron Canada Corp. Please do not hesitate to contact either Anne Koehler, Senior Counsel (713/853-3448; [email protected]) or me with any questions or comments. We look forward to hearing your comments.
Marie Heard
Senior Legal Specialist
Enron North America Corp.
Phone: (713) 853-3907
Fax: (713) 646-3490
[email protected]
| 164,857 |
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arnold-j/deleted_items/752.
|
TRV Notification: (NG - PROPT P/L - 11/26/2001) ,
The report named: NG - PROPT P/L <http://trv.corp.enron.com/linkFromExcel.asp?report_cd=11&report_name=NG+-+PROPT+P/L&category_cd=5&category_name=FINANCIAL&toc_hide=1&sTV1=5&TV1Exp=Y¤t_efct_date=11/26/2001>, published as of 11/26/2001 is now available for viewing on the website.
| 5,629 |
||
davis-d/inbox/3.
|
Wire Instructions Update ,
These are the new wire approval requirements:
For Future Fundings:
EPI - wires must be signed by Kevin Garland
ECR - wires must be signed by John Lavorato
Capital Calls and Facility Wires need to be signed by Joe Deffner
Please include a note on the wire on what the implications are if we do not fund the money. This does not to be a long explanation. It can be as simples as a contract default if we do not wire the money.
| 85,246 |
||
skilling-j/deleted_items/299.
|
Jeff Delivers "Berry" Important Message to California -- Despite ,
Despite a pie in the face, Jeff keeps his poise and delivers an important message to California. (Read all about it in the California Update.)
Also in this issue:
Construction halted on Dabhol Phase II plant
Stock price: Enron is still confident about earnings estimates
Allison may delay opening of new Enron Center South
Europe gets it's second hub
Ever heard of a negawatt?
Book review: Radical E: From GE to Enron -- Lessons on How to Rule the Web
It's all in the latest eBiz. Go to home.enron.com (http://home.enron.com ), click Publications, then click eBiz, and "eBiz June 22, 2001."
|
All Enron Worldwide@ENRON
| 443,641 |
|
martin-t/inbox/138.
|
FW: List of Customers ,
-----Original Message-----
From: Buss, Jd
Sent: Friday, January 04, 2002 5:47 PM
To: Bryan, Gary; '[email protected]'; '[email protected]'; Redmond, Brian; Vickers, Frank; Lagrasta, Fred; Tycholiz, Barry
Cc: '[email protected]'
Subject: List of Customers
Attached below is a combined form showing the customer lists of all the gas groups and how each group has prioritized their customers. I will continue to review this list over the weekend. If you have any changes please let me know by responding to me at both my work e-mail address and at my home address: [email protected].
Thank you,
| 323,204 |
||
ybarbo-p/inbox/540.
|
Las Vegas - Confirmation ,
Hi Paul,
Attached is your confirmation for the Sempra Customer Appreciation meeting in Las Vegas.
I have also mailed a hard copy with brochures for the hotel, golf course, and spa.
Thanks, Shannon
EVOLUTION STRATEGIES
Event Management, Event Marketing, Communications
Phone: 801.484.5383, Cell: 801.205.2651, Fax: 801.468.0920
|
paul.y'[email protected]
| 514,916 |
|
smith-m/_sent_mail/30.
|
RE: FW: Matchbox Twenty ,
and you think i'd want to go with them? actually, i thought that they had a
ticket for me too.
"Krenzer, Mark A." <[email protected]> on 03/29/2001 12:31:10 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: RE: FW: Matchbox Twenty
I'm not sure I want to go with a bunch of girls!
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Thursday, March 29, 2001 12:26 PM
To: Krenzer, Mark A.
Subject: Re: FW: Matchbox Twenty
why can't you go, or do you just not want to?
"Krenzer, Mark A." <[email protected]> on 03/29/2001 08:13:35 AM
To: "'[email protected]'" <[email protected]>
cc:
Subject: FW: Matchbox Twenty
Smith,
Do you have any interest in this concert? Matchbox Twenty, Life
House,
and some other band.... I have a ticket and I don't know if I am going,
but
if you want to go I can see if she has an extra ticket or you can have
mine.
Let me know!
-----Original Message-----
From: Barclay, Becky (417) [mailto:[email protected]]
Sent: Thursday, March 29, 2001 8:05 AM
To: Alexis Salazar (E-mail); Brian Wilson (E-mail); Dana Humphrey (E-mail);
Luisa Beltran (E-mail); Mark A. Krenzer (E-mail)
Subject: Matchbox Twenty
Hey gang - just a reminder I have you guys down for the concert on Wed.,
April 11th. That's the week after next. If, for any reason, you can't
make
it, let me know and I will get some other takers for the tickets. Thanks!
Becky Barclay
The Affiliates
333 Clay Street
Suite 4820
Houston, Texas 77002
713-658-1177
713-658-1771 (fax)
www.affiliates.com
| 446,800 |
||
zufferli-j/deleted_items/21.
|
Friday Off Requested By Ian Cooke ,
Requester: Ian Cooke
Request Type: Friday Off
Request Submitted: 2/5/2002 2:51:43 PM
Start Date: 2/8/2002 8:00:00 AM
End Date: 2/9/2002 8:00:00 AM
Length Requested: 8 Hours
Days Submitted: 1 Day(s)
Comments:
Please click on either the Approve or Reject button at the top of this message. If you don't see them, fully open the message.
| 516,889 |
||
dasovich-j/all_documents/13113.
|
Enron Mentions - 05/26/01 - 05/27/01 ,
Los Angeles Power Firm Chief Lists Solutions for Crisis
Los Angeles Times, 05/27/01
Cutting Kilowatt Hours / Californians see rewards in conservation
The San Francisco Chronicle, 05/27/01
W and the Coast: California dreaming
Houston Chronicle, 05/27/01
Houston's top execs in energy / Oil and gas claims 8 of 10 highest- paid
Houston Chronicle, 05/27/01
Enron's Indian Unit Dabhol Rejects Payment From State in Quarrel Over Bills
Dow Jones Business News, 05/27/01
SAUDI ARABIA: UPDATE 3-Saudi seen revealing gas leaders before June signing.
Reuters English News Service, 05/27/01
Oil Cos Told To Accept Aramco As Gas JV Partner -Report
Dow Jones Energy Service, 05/27/01
India: Indian lenders of DPC to participate in Singapore meet
Business Line (The Hindu), 05/27/01
Senator Calls for Hearings Into Energy Regulators' Moves
The New York Times, 05/26/01
Enron's secret bid to save deregulation / PRIVATE MEETING: Chairman pitches
his plan to prominent Californians
The San Francisco Chronicle, 05/26/01
USA: Beverly Hills crowd unmoved by Enron pitch - paper.
Reuters English News Service, 05/26/01
Enron courts prominent Californians at secret meeting
Associated Press Newswires, 05/26/01
Enron's Dispute With Utility In India Grows More Tangled
The New York Times, 05/26/01
India: MSEB requests MERC to rescind Dabhol PPA
Business Line (The Hindu), 05/26/01
DPC refuses to take MSEB's bill for April
The Economic Times, 05/26/01
Ganske Has Own War Chest To Take On Harkin for Senate
Omaha World-Herald, 05/26/01
Senate confirms Texan to energy commission
Houston Chronicle, 05/26/01
DUMB TALK / California AG's remarks crude and deceptive
Houston Chronicle, 05/26/01
Enron sends staff on deputation
Business Standard, 05/26/01
Power firm vetted Bush energy regulators
The Guardian, 05/26/01
Changes in Senate could offer state relief
The San Diego Union-Tribune, 05/26/01
California; Metro Desk
Los Angeles Power Firm Chief Lists Solutions for Crisis
KURT STREETER
TIMES STAFF WRITER
05/27/2001
Los Angeles Times
Home Edition
B-3
Copyright 2001 / The Times Mirror Company
A Texas business executive whose company has profited enormously from
California's energy crisis says California needs more deregulation, not less.
Kenneth Lay, the head of Houston-based Enron Corp., handed out a four-page
plan detailing his solution to California's energy crisis at a meeting with
Los Angeles Mayor Richard Riordan and other state business and political
leaders at a Beverly Hills hotel May 17.
The report details several ways to solve California's energy crisis.
"Get deregulation right in California," it reads. "California never
deregulated. . . . There is more regulation than ever."
Among the document's other points are calls for consumers to pay the billions
of dollars in debt the state's public utilities have incurred, and an
assertion that federal investigations into price gouging by private firms
such as Enron are contributing to the problems.
Lay also suggests increasing conservation efforts, partly through pricing
that would cost consumers more for using electricity during peak times.
Reached for comment, Steve Maviglio, a spokesman for Gov. Gray Davis, called
the paper a "generator's wish list," saying it goes against the governor's
policy on the energy crisis.
"The governor is not calling off the dogs," Maviglio said Saturday. "To
suggest that ratepayers should shoulder the entire burden of deregulation is
totally the opposite of what the governor is calling for."
Lay, one of President Bush's biggest campaign contributors and a key advisor
on the Bush energy plan, has built a powerful energy company by buying
electricity from generators and then selling it. Enron reported first-quarter
revenue of $50.1 billion, nearly a 281% increase over the same quarter last
year.
Lay met with Riordan and luminaries including actor Arnold Schwarzenegger and
financier Michael Milken--plus about a dozen others--at the Peninsula Hotel.
Enron spokesman Mark Palmer said: "Our position is simple." California needs
to "increase the supply of energy and decrease the demand."
*
Associated Press contributed to this story.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
NEWS
Cutting Kilowatt Hours / Californians see rewards in conservation
Joe Garofoli
Chronicle Staff Writer
05/27/2001
The San Francisco Chronicle
FINAL
A.21
(Copyright 2001)
For months, Californians have been engaging in acts so egregious that Beltway
types fear they threaten "the American way" of life.
Like conserving energy. In huge numbers.
The Bush administration has been fretting about how to protect our way of
life in the face of energy shortages, but many Californians will tell you
they haven't sacrificed much of anything while knocking 20 percent or more
off their power bill. Not unless you count having two refrigerators to be a
constitutionally protected right.
"People who complain about the cost of energy just aren't thinking hard
enough for ways to save," said Jerri Linn Phillips. She cut 30 percent from
her power bill by unplugging unused appliances in her one-bedroom apartment
in San Francisco's Japantown.
To the amazement of the rest of the energy-guzzling country, all this
personal sacrifice hasn't curled the stereotypically soft Californians into
fetal positions. In fact, with electricity costs about to go up, many are
ready to evangelize about their relatively pain-free conservation.
"The real hardship has been the fear of the unknown," said P.J. Astrup, an
Alameda resident whose most recent cross to bear was finding a gallon of
curdled milk in his second refrigerator.
"Sure, the lights going out for a couple of hours may have perturbed a few
people (in California), but it hasn't been that bad yet."
That doesn't mean conserving has been easy. It's been a hassle to change
bulbs and air-dry clothes and nag the kids: "Turn off those lights. Don't you
know there's an energy crisis?"
Still, a Field Poll this month found that 63 percent of Californians surveyed
have cut at least 10 percent of their energy usage since the start of the
crisis; nearly one in four has cut 20 percent or more. The poll was taken
after a study found that Californians use less electricity than their
counterparts in every state but one -- Rhode Island.
Not every California conservationist is as rabid as John Muir. While the more
ambitious bought meter readers to measure the output of every appliance in
the house, the rest just unplugged their coffeemakers and let the laundry
pile up an extra week until there was a full load.
A few, like Rosie Sorenson, make a game of con
serving.
When the Richmond resident feels like rewarding herself for a conservation
job well done, she'll say, "Tonight, I'll treat myself - - I'll read with
real electricity," instead of using a battery- powered lamp.
Or she'll plug in two, count 'em, two bulbs in the panel above the bathroom
mirror in her 1,150-square-foot condominium.
"We're very privileged as a country," said the self-described "recovering
psychotherapist" and budding novelist. "We have so much. But if we rally
together, we should be able to get through this."
Flipping circuit breakers, air-drying clothes and performing a dozen other
conservation tasks has helped Sorenson drop her electricity usage 41 percent
from January to March. Next up: She's going to ask the head of her condo
complex to turn down the heat in one of its three pools and -- horrors! --
hot tubs. "We don't need all that," Sorenson said.
Conservation chutzpah like that could be construed as compromising the
American way of living in another part of the country. Middle America hears
"conservation" and thinks, "Put some canned peaches in the root cellar. We
got another Depression coming."
A better term would be "energy efficient," said Richard Perez, editor of the
14-year-old magazine Home Power, a bible for folks living off the power grid.
While "conservation" connotes "doing without" to the unconverted, everybody
feels good about making their lives more "efficient."
"I come from a no-sacrifice kind of place," said Perez, who hasn't turned off
his microwave, VCR or any other appliance, even though his Ashland, Ore.,
home is powered exclusively by renewable energy sources. "And we haven't met
a California home yet where we can't cut the utility costs 20 percent."
Conservation is a fun game the whole family can play. Jeff Goodrich deputized
his three children as "energy monitors" at the beginning of the energy
crisis. Their reward for closing doors and turning off the TV surge
protector: Every month, they get to keep whatever the family saved over last
year's energy bill. Last month, each kid got $22.
"I'd rather give the money to them than Enron or some Texas company," said
Goodrich, who lives in Greenbrae.
"I'm always amazed by the response people have to Californians," he said. "It
seems like they're always ready to jump on us for being nuts. But
conservation is about preserving our standard of living, not doing without."
PHOTO; Caption: Leigh, 8, (left) Grace, 6, and Michael, 10, showed off their
reward for being household energy monitors for their parents, Mary and Jeff
Goodrich (background). / John O'Hara/The Chronicle
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
OUTLOOK
Opinion
W and the Coast: California dreaming
CRAGG HINES
Staff
05/27/2001
Houston Chronicle
2 STAR
2
(Copyright 2001)
LOS ANGELES - Welcome to California, Mr. President. You're a brave man.
They've been saying terrible things about you out here. Some of them are even
true.
When you arrive Monday for your first visit to the Golden State since the
election, try to blend in. Take it from me, you'd look fabulous in
Birkenstocks. Don't call it "La-La-Land." But do say, "dude," a lot. (See
below.)
Remember these people didn't like you that much before the lights began to
flicker. Key figures: Gore 54, Bush 41. And after all that work and money and
those nasty, hot visits last year to the raisin sheds in Fresno. So, don't
take the smiles of the official welcoming party too seriously. They wouldn't
make a very good focus group.
When I told John Burton, Democratic leader of the state Senate, you were
finally coming to California he said: "It'll be like Stevenson going to
Dallas." Not exactly, but you get the idea.
You can do self-deprecation, and it would not be amiss. Self- deprecation,
hell. What about self-mortification? You might even want to borrow Jerry
Brown's little flagellation thingy from his seminary days.
Did you bring a flashlight?
It would help if you can tone down the West Texas twang. Intimate that you're
an orphan, and certainly don't admit that your parents live in Houston or
that you've ever been to such a wantonly rapacious place. Why,
"unconscionable price-gouging" occurs there, according to Gov. Gray Davis.
Talk about your brother in Florida and how, just like Californians, he
doesn't want any more drilling off his coastline. (You can skip the part
about how you don't exactly agree - with him or them.)
Talk about your sister in the Washington, D.C.-area. Remind them that her
husband worked for such California Democrats as Tony Coelho (do not recall
that Coelho got out of Congress just ahead of the ethics committee) and that
your brother-in-law is a lobbyist for the California wine industry. Good
names to drop: Ernest and Julio.
You might try telling folks you're from Connecticut. You were born there, and
you went back to Yale as commencement speaker just last Monday.
And for heaven's sake don't tell them you know Enron Chairman Ken Lay or that
he and corporate colleagues are among the biggest Republican bankrollers. A
few days ago, state Attorney General Bill Lockyer said he'd like to find a
way to lodge criminal charges against some Big Energy boys.
"I would love to personally escort Lay to an 8 x 10 cell that he could share
with a tattooed dude who says, `Hi, my name is Spike, honey,' " Lockyer told
one crowd, according to an aide. Just for emphasis, the attorney general
repeated it for the Wall Street Journal. I guess Lockyer just forgot to
mention that as a state senator in 1996 he voted for the electricity
deregulation bill at the heart of the problem.
See, I told you how useful "dude" could be. And, as Lockyer also proves,
cheap political theatrics are pretty hot too.
Before you meet with Gov. Davis, make sure to read the latest statewide poll
from the Public Policy Institute of California. Maybe have it lying around
the room when Davis walks in. He's familiar with the numbers and will catch
your drift.
Fewer than half of Californians now approve of the way he's handling his job
- a big drop from January. Sixty percent disapprove of the way he's handling
the electricity crisis.
The best news is that the public doesn't really blame either of you - yet -
for the crisis. A third of folks in the poll blame the energy companies.
Almost as many blame former Republican Gov. Pete Wilson who pushed the
deregulation measure and the Democratic- dominated Legislature that enacted
it.
Only 10 percent blame Davis and the current Legislature and only 8 percent
blame you and the federal government - the same number, by the way, who blame
California consumers. But that doesn't mean you're off the hook. Fifty-six
percent of the folks don't like the way you're responding to the crisis. If
you don't have an order for capping electricity prices in your briefcase, you
might consider having Air Force One fly on to Hawaii.
Like folks across the country, Californians give you decent marks overall,
with 57 percent in the PPIC poll approving of your job performance and 36
percent disapproving. Seven percent must have been at the beach.
Two other things: Get out of here before the air-conditioning season really
cranks up, and, remember, they call it "sushi," not "bait."
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
BUSINESS
Houston's top execs in energy / Oil and gas claims 8 of 10 highest- paid
L.M. SIXEL
Staff
05/27/2001
Houston Chronicle
2 STAR
1
(Copyright 2001)
Want to know just how well the energy business is doing?
Consider this: Eight out of the 10 highest-paid executives in Houston are in
the oil and gas business.
The annual list, compiled by Resource Connection for the Houston Chronicle,
is dominated by executives from Enron Corp., Anadarko Petroleum Corp. and
Nabors Industries. The executives were handsomely rewarded in stock options
and awards of stock at a time when their company stock prices are riding
high.
The top earner was the chairman and CEO of Nabors Industries, Eugene M.
Isenberg. He earned $63.9 million last year, largely because the company
doubled the number of options it awarded him the previous year, said Tammy
Hemphill, director of human capital consulting for Resource Connection.
When times are good, companies typically give away more options. It's a way
to attract and retain senior management.
Isenberg's compensation comes strictly through the performance of the
company, said Denny Smith, director of corporate development for Nabors
Industries. The only way Isenberg can make money is if the value of the
company's stock grows through his efforts.
And he's made a lot for Nabors Industries. When Isenberg took over the
company in 1986, its net worth was a negative $35 million and it was emerging
from bankruptcy. Under Isenberg's leadership, the company's net worth is now
$2 billion, said Smith. And Nabors' stock price doubled during 2000.
Isenberg earned 42 percent more than the highest-paid executive of the year
before. Robert Devlin, American General's chairman and chief executive
officer, earned $45 million in 1999.
Devlin fell to the 10th place on the recent list (he earned $27,272,697 in
2000). But according to a source familiar with American General's
compensation packages, Devlin will receive about $200 million in stock
options and other incentives in 2001 as a result of American International
Group's purchase of American General.
Four of the six highest-paid executives in Houston are from Enron. But the
highest-paid Enron executive is not Chairman Ken Lay.
In fact, Lay made less money than three of his lieutenants because he
received far fewer stock options.
For example, Kenneth Rice, chairman and chief executive officer of Enron
Broadband Services, one of Enron's business units, received more than twice
as many options as Lay and Jeff Skilling, Enron's chief executive officer and
president.
Consequently, Rice was the second-highest-paid executive in Houston, taking
home $47,375,588 in 2000. Lay, who was the sixth- highest-paid executive,
earned $35,665,037.
Max Watson, the former chairman and chief executive officer of BMC Software,
was conspicuously absent from the list this year.
He didn't get any stock options or restricted stock awards in 2000, so his
compensation was just salary and bonus of $1.2 million, Hemphill said. But
that wasn't enough to put him on the list, which required a package worth at
least $2 million.
John Cox, acting chief financial officer of BMC Software, said the company
awards options only once every three years. It's a good- sized grant that's
supposed to last three years.
The options take four years to vest so they always have options "on the
table" - options that haven't vested yet but have a high value that makes it
difficult for an executive to leave the company.
Of the 17 highest-paid executives in Houston, five are from Anadarko.
"They're very good at what they do," said Teresa Wong, manager of public
affairs and corporate communications for Anadarko.
The company went from a $4 billion company in January 2000 to a $16 billion
company by the end of the year, she said. It catapulted into the top in terms
of production, employees and reserves, she said.
The executives are being rewarded for that increased risk and responsibility,
she said. And it didn't hurt that the stock price more than doubled during
the year.
Dynegy's executives also benefited from the company's rapid growth. Two of
the merchant energy company executives were among the 14 highest-paid
executives in Houston.
"We had an incredible year last year," said Jennifer Rosser, director of
strategic business communications. The stock price increased 231 percent, the
number of employees more than doubled, and the company had a 210 percent
increase in net income.
Chuck Watson, chairman and CEO, and Steve Bergstrom, the company's president,
are among the founders of the company, she said.
Incentive plans based on options and awards of stock work well when the stock
market is riding high. They aren't as effective when the stock prices are
"underwater" - Wall Street lingo for worthless.
So, to re-motivate executives in a depressed stock market, nonenergy
companies have been focusing on short-term incentives such as cash bonuses,
said Wes Hart, an executive compensation consultant who designs executive
incentive plans for Buck Consultants.
Companies hope the cash incentives will boost their numbers - earnings per
share and cash flow - and hopefully the stock price will follow, Hart said.
That new focus on short-term thinking doesn't mean companies stopped
pondering longer-term goals. But some are adding more "teeth" to their
long-term performance goals to get away from the idea that options are a
"gimme" or given based on seniority.
And to keep the long-term goals from becoming worthless when the stock price
falls, companies are using goals that aren't as directly tied to the stock
price.
Sometimes executives must meet a profit hurdle. Others must outperform a
designated peer group on several key performance categories, Hart said.
Other times, executives are required to meet an imposed stock market hurdle;
for example, the stock has to reach $50 and stay there for 10 days. And some
companies are giving executives a reward if the company's stock price drops
less than its competitors, Hart said.
Photos: 1. Because of differences in stock option packages, Enron Corp.
President and Chief Executive Officer Jeffrey Skilling made less than Kenneth
Rice, chairman and chief executive officer of Enron Broadband Services, one
of Enron's business units (p. 2); 2. Because of differences in stock option
packages, Enron Corp. President and Chief Executive Officer Jeffrey Skilling
made less than Kenneth Rice, chairman and chief executive officer of Enron
Broadband Services, one of Enron's business units (p. 2); Mug: 3. Eugene M.
Isenberg (p. 2); Graph: 4. Company financials (p. 2)
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Enron's Indian Unit Dabhol Rejects Payment From State in Quarrel Over Bills
By Jesse Pesta
05/27/2001
Dow Jones Business News
(Copyright (c) 2001, Dow Jones & Company, Inc.)
Staff Reporter at The Asian Wall Street Journal
NEW DELHI -- In an unusual twist in a quarrel over unpaid bills, Enron
Corp.'s Indian power project, Dabhol Power Corp., has rejected a check valued
at $39 million from its only customer, the Maharashtra State Electricity
Board.
Dabhol also delivered a sharply worded four-page letter responding to the
electricity board's decision last week to rescind its contract based on a
claim that Dabhol misrepresented its "ramp-up rate" - the time it takes to go
from launch to full power. "We deny that DPC have practiced any
misrepresentation," the letter says. "Furthermore, we do not think that the
MSEB entertains any honest belief" in its own allegation, the letter says.
It is the latest in a series of counterpunches as both sides try to gain the
edge in a fight over the rates Dabhol charges for electricity. The $3 billion
power plant is the largest foreign investment in India, and the dispute is
being closely watched as an indicator of India's hospitality toward investors
from abroad.
India is in dire need of electricity: New Delhi endures hours-long blackouts
every day. However, many of India's state electricity boards have little cash
because of widespread electricity theft and lax customer metering. The Dabhol
dispute broke late last year, when the Maharashtra board defaulted on bills
totaling $48 million.
Dabhol's critics claim the rates it charges are unreasonably high. Dabhol
rejects that argument. Among other things, Dabhol has pointed out that the
Maharashtra board draws only about 15% of the plant's capacity, down from an
average of 60% or so before the dispute. Reduced use pushes up the per-unit
cost because the pricing formula includes some capital costs. A 90%
utilization rate would result in a tariff of 4.5 to five rupees (nine cents
to 11 cents) per kilowatt-hour, one official estimated. In contrast, the
chairman of the Maharashtra electricity board, Vinay Bansal, said on Sunday
that current tariffs may be in the range of seven to 10 rupees, which he
acknowledged is partly due to reduced utilization of capacity.
Mr. Bansal said he hadn't seen the Dabhol letter and couldn't comment on it
specifically.
He also said that after Dabhol rejected the April payment, the Maharashtra
board deposited the payment to a Dabhol account. But, he added, "If they want
to return it, they can still return it."
In the letter, Dabhol says it rejected the check for 1.37 billion rupees
because it was accompanied by a note saying the payment was made under
protest, a reference to the Maharashtra board's decision last week to rescind
its electricity contract with Dabhol.
"The MSEB cannot have it both ways," says the letter, signed by Enron
executive K. Wade Cline. Either the board is rescinding the contract, or it
is affirming the validity of the contract by making payments.
Regarding the Maharashtra board's claim that Dabhol misrepresented the
plant's ramp-up rate, the letter says the contract permits "unilateral
amendment" of the production schedule based on actual plant performance. Mr.
Bansal said the board disagrees with Dabhol's interpretation of the contract.
This isn't the first time Dabhol has come under fire. In Maharashtra state
elections in 1995, a coalition government came to power partly on the
strength of a campaign against the plant. Political leaders said the plan was
too costly and too dependent on foreign fuel. The newly elected state
government canceled the project, although the contract was later renegotiated
and construction was finished in May 1999.
With the payment defaults, trouble had returned. In recent months, Dabhol has
invoked political force majeure - a move typically used to dissolve a
contract because of war or natural disaster - saying recent government
actions could harm the company's ability to meet its obligations. It also has
called on existing federal-government guarantees to cover the overdue bills.
Meanwhile, the Maharashtra electricity board has slapped fines totaling four
billion rupees ($85 million) on Dabhol for amending the start-up schedule,
and a state panel has recommended sweeping changes in the contract.
But the past week or so has been particularly stormy and Dabhol itself
indicated a willingness to scrap the contract. A week ago, Dabhol issued a
preliminary termination notice, a formal step that would allow it to cancel
the contract six months from now if the disputes aren't resolved. And on
Wednesday, the Maharashtra board said it was rescinding the contract.
Copyright (c) 2001 Dow Jones & Company, Inc.
All Rights Reserved.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
SAUDI ARABIA: UPDATE 3-Saudi seen revealing gas leaders before June signing.
By Peg Mackey
05/27/2001
Reuters English News Service
(C) Reuters Limited 2001.
DUBAI, May 27 (Reuters) - Saudi Arabia is expected to reveal the leaders of
two coveted gas projects before putting pen to paper on multi-billion dollar
agreements with leading foreign oil companies on June 3, industry sources
said on Sunday.
On May 18 the kingdom awarded eight major oil companies stakes in a gas
development initiative, its biggest opening to foreign investors in a quarter
of a century.
ExxonMobil and Royal Dutch/Shell have won starring roles in the so-called
"core venture" projects, estimated to require combined total investments of
$25 billion.
And industry sources have suggested that Exxon is in pole position to lead
the $15 billion South Ghawar development, known as core venture 1, with Shell
a strong contender to lead core venture three - development of gas at Shaybah
in the empty quarter of southeast Saudi Arabia.
Both supermajors already have considerable investment in the kingdom's
refining and petrochemical sectors and feature as top customers of Saudi oil.
BP is also competing for the top slot in South Ghawar, sources said.
Exxon, Shell, BP and Phillips have all been granted stakes in South Ghawar,
viewed by many as the prize gem of the gas initiative - unveiled more than
two years ago.
The leader of core venture 1 is due to get a 35 percent stake, two companies
are to get 25 percent each and one firm 15 percent, sources in the region
said.
Shell, TotalFinaElf and Conoco have all been awarded stakes in the Shaybah
venture, where the leading company is due to receive a 40 percent stake, with
the remaining firms getting 30 percent each, according to industry sources.
Exxon already has secured the leading role with 70 percent in core venture
two on the Red Sea coast while Occidental and Enron between them hold 30
percent.
READING THE FINE PRINT
By the signing ceremony in Jeddah, the oil companies will have had more than
two weeks to pore over "preparatory agreements" which detail some guidelines
for the three core ventures and outline the percentage stakes of each
consortium, industry sources said.
Fiscal and regulatory frameworks are to be worked out during the second half
of the year, they added.
Companies are expecting tough negotiations in order to finalise contracts by
a year-end target. "This is just the start of things," an industry executive
said. "There are going to be about five months of intense talks."
Top oil firms insist there are profits to be made in the kingdom, holder of
the world's fourth-biggest gas reserves.
"The Saudis have been saying all along that these are world-class projects
with world-class returns," an analyst said. "The oil majors are not doubting
that."
And they have wound up with bigger exploration blocks than they first
envisaged. "They all asked for more exploration and they got it," an industry
executive said.
The scope of South Ghawar core venture 1 includes gas exploration in the
North Rub al Khali, a natural gas liquids (NGL) recovery plant, gas
processing, participation in expansion of the gas pipeline network,
construction of two power and water desalination plants and two petrochemical
plants.
Investment of up to $5 billion in the Red Sea core venture 2 includes an
exploration area in the northern Red Sea, development of the existing Midyan
and Barqan gas fields and requirements for power, desalination and
petrochemical plants.
Investment of some $5 billion in the Shaybah core venture 3, Shaybah includes
gas exploration in South Rub al Khali, development of the Kidan gas field and
power, desalination and petrochemical plants.
Analysts expect state oil company Saudi Aramco to participate in the gas
initiative. "It is unwise to think that Saudi Aramco will not be involved," a
regional analyst said.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Oil Cos Told To Accept Aramco As Gas JV Partner -Report
05/27/2001
Dow Jones Energy Service
(Copyright (c) 2001, Dow Jones & Company, Inc.)
MANAMA, Bahrain -(Dow Jones)- The Saudi government has told international oil
companies they must accept the state-owned Saudi Arabian Oil Co. (C.SOI), or
Aramco, as a partner in any core gas project it offers them if Aramco wants
the partnership, the Saudi business daily al-Eqtisadiah reported Sunday.
It quoted sources as saying that Aramco will also have a majority voting
rights on key issues regardless of its equity size in the projects. The
newspaper didn't elaborate on whether this kind of arrangement would be
accepted by the foreign companies.
Aramco would also receive compensation for any existing assets, property or
infrastructure used by the planned joint ventures, which shouldn't conflict
with any of Aramco's current projects, the newspaper said.
The Saudi government is expected to sign preliminary agreements for
multibillion dollar natural gas development projects with prequalified oil
companies June 3, a Saudi government source said Sunday.
The government earlier this month selected a consortium comprising Exxon
Mobil Corp. (XOM), Royal Dutch/Shell Group (RD), BP PLC (BP) and Phillips
Petroleum Co. (P), for a project to develop the South Ghawar field, called
Core Venture 1, with an estimated investment value of between $15 billion and
$17 billion.
Exxon Mobil was also appointed to lead Core Venture 2, or the Red Sea
project, with Occidental Petroleum Corp. (OXY) and Enron Corp. (ENE), which
bid jointly for the project, as partners.
Core Venture 3, the Shaybah project, was awarded to a consortium of Shell,
TotalFinaElf (TOT) and Conoco Inc. (COCA). Leaders for Core Ventures 1 and 3
have yet to be confirmed.
-By Abdulla Fardan, Dow Jones Newswires; (973) 530758;
[email protected]
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
India: Indian lenders of DPC to participate in Singapore meet
05/27/2001
Business Line (The Hindu)
Copyright (C) 2001 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) -
Asia Intelligence Wire
MUMBAI, May 26. INDIAN lenders to Dabhol Power Company have decided to take
part at the meeting in Singapore called by foreign financiers of the project.
Institutional sources told Business Line that even though the exact agenda of
the meeting has not been finalised as yet, domestic lenders would participate
in the meeting to be held on June 5 and 6. They were earlier contemplating
skipping the meeting as they thought it would serve no good because DPC had
anyway begun termination proceedings.
Also, with chances of foreign lenders cashing the deferred payment guarantees
increasing, Indian lenders are keen to find out what is on their minds. As of
now, they have not received any indication from their counterparts abroad.
The source said the meeting is expected to discuss whether they should
continue disbursements to the project in spite of the company serving the
preliminary termination notice and MSEB retaliating with a legal notice. The
board yesterday approached the Electricity regulatory commission for
resolving the dispute for which a hearing is scheduled on May 29.
Indian financiers still favour continuing with the project as it is close to
completion.
Another issue likely to crop up is funding the cost overruns. The delays
caused by various reasons has apparently resulted in cost overruns reportedly
of about $400 million. The company has already brought in all the equity and
now, if it has to continue with construction, it has to borrow more, which
the lenders are not very keen on.
Meanwhile, the sources said Enron is trying to work out ways of bringing down
the tariff. They said Enron is likely to have another meeting with officials
of Union Power and Finance Ministries.
- Our Bureau
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
National Desk; Section A
Senator Calls for Hearings Into Energy Regulators' Moves
By CHRISTOPHER MARQUIS
05/26/2001
The New York Times
Page 11, Column 1
c. 2001 New York Times Company
WASHINGTON, May 25 -- Accusing federal regulators of not doing their job,
Senator Dianne Feinstein called today for hearings into possible
improprieties between members of the Federal Energy Regulatory Commission and
private energy interests.
Ms. Feinstein, a California Democrat, said the commission, which is
responsible for regulating the energy industry and is known by the acronym
FERC, had not acted to protect residents of her state from companies that
were reaping undue profits through spiraling energy costs.
''Despite evidence of manipulation and price gouging in both the electricity
and natural gas markets in California and the West, and a finding by FERC
last November of 'unjust and unreasonable' rates,'' the senator said, ''the
commission has failed to take the actions necessary to bring reliability and
stability to the marketplace.''
Ms. Feinstein made the request in a letter to Senator Joseph I. Lieberman,
who is poised to take over the Committee on Governmental Affairs once the
Democrats regain control of the Senate. Mr. Lieberman, who has already asked
the General Accounting Office to investigate price gouging, could not be
reached for comment today.
In her letter, Ms. Feinstein cited an article in The New York Times today
reporting that Kenneth L. Lay, chairman of the Enron Corporation, had told
the commission's chairman, Curtis Hebert Jr., that he would support his
continuation in the job if the commissioner endorsed the company's views on
energy deregulation. Enron is the nation's largest electricity trader.
Mr. Hebert said he had rejected Mr. Lay's offer. Mr. Lay told The Times that
it was Mr. Hebert who had asked him to intercede with White House officials.
The president appoints members of the commission and names its chairman.
''It would be unconscionable if any of the nation's electricity traders or
generators were in a position to be able to determine who chairs or becomes a
member of the commission,'' Ms. Feinstein said.
Environmental groups and other critics say the Bush administration has
granted unprecedented access to leaders of the energy industry. They note
that both President Bush and Vice President Dick Cheney made their fortunes
in oil and that the president's national energy strategy, unveiled last week,
relied heavily on exploiting new resources rather than conservation or fuel
efficiency.
But in a recent interview, Mr. Cheney said the White House was motivated by
''sound public policy'' and not what the energy companies sought.
The Senate today confirmed Mr. Bush's nominees for two Republican vacancies
on the five-member panel. They are Patrick Wood, a former head of the Texas
Public Utilities Commission, which deregulated electricity in the president's
home state, and Nora Brownwell, a Pennsylvania utility regulator.
Mr. Cheney has indicated that Mr. Wood will take over as chairman.
Photo: Senator Dianne Feinstein (Associated Press)
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
NEWS
Enron's secret bid to save deregulation / PRIVATE MEETING: Chairman pitches
his plan to prominent Californians
Christian Berthelsen, Scott Winokur
Chronicle Staff Writers
05/26/2001
The San Francisco Chronicle
FINAL
A.1
(Copyright 2001)
Energy executive Kenneth Lay, head of powerful Enron Corp., quietly courted
Arnold Schwarzenegger, Richard Riordan, Michael Milken and other luminaries
this week in Beverly Hills to drum up support for his solution to
California's energy crisis.
His prescription called for more rate increases, an end to state and federal
investigations and less rather than more regulation.
Lay, a close friend of President Bush and one of his largest campaign
contributors, hosted a private 90-minute meeting in a conference room at the
Peninsula Hotel in Beverly Hills on Thursday.
Among the participants were Milken, the former head of the Drexel Burnham
Lambert investment banking firm who pleaded guilty to fraud charges in 1990
and who now runs a think tank based in Santa Monica; movie star
Schwarzenegger; and Riordan, the mayor of Los Angeles. Schwarzenegger and
Riordan have been courted recently as GOP gubernatorial candidates.
One participant, who agreed to speak on the condition he not be identified,
said the meeting appeared to be geared toward getting participants to support
Lay's vision and then champion it to officials who are trying to solve the
state's energy mess.
PLAN TO RESCUE DEREGULATION
The source said the timing and tone of the meeting suggested Lay is concerned
that California will abandon its disastrous experiment with power markets by
either re-regulating the system or creating a government authority to provide
electricity. Gov. Gray Davis signed legislation last week to create and fund
a state power authority that would build, buy and run power plants in
California.
"They're trying to rescue deregulation," the source said of Enron executives.
"They think the whole state power authority is a bad idea."
At the meeting, Enron representatives circulated a four-page position paper
titled "Comprehensive Solution for California," which was obtained by The
Chronicle. It said ratepayers should bear responsibility for the billions in
debt incurred by the state's public utilities and that investigations of
power price manipulation and political rhetoric are making matters worse.
The paper made no mention of the possibility that much of the runaway
electricity costs in California is due to market manipulation by power
generators and traders -- a possibility given credibility in studies by
regulators and economists.
One of the talking points read: "Get deregulation right this time - -
California needs a real electricity market, not government takeovers."
Another point suggested giving consumers monetary rebates for conserving
electricity.
INVOLVED IN EARLY DAYS
Lay has been an aggressive champion of deregulated electricity markets and
was an early advocate in persuading California to begin its experiment with a
competitive power market system.
Lay has created a new kind of company in the process, one that essentially
produces nothing but makes money as a middle-man, buying electricity from
generators and selling it to consumers. During the first quarter of this
year, Enron's revenues increased 281 percent to $50.1 billion.
Asked about the purpose of the meeting, Karen Denne, a spokeswoman for Enron,
said she would "look into that" and then did not return repeated telephone
calls seeking comment. One participant said Denne was present at the meeting.
D.C. CONNECTIONS
Meanwhile, Lay's power in Washington is reported to have reached
unprecedented heights. According to a story in yesterday's New York Times,
Lay supplied the Bush administration with a list of candidates for jobs
regulating the power industry and even interviewed one of them. The story
also said Lay essentially threatened to seek the removal of the chairman of
the Federal Energy Regulatory Commission, Curt Hebert, if he does not support
Lay's desire to further deregulate the nation's electricity system. Lay
denied the allegation.
Also in attendance at this week's meeting were Bruce Karatz, chief executive
of home builder Kaufman & Broad; Ray Irani, chief executive of Occidental
Petroleum; and Kevin Sharer, chief executive of biotech giant Amgen. Among
those who were invited but did not attend were former Los Angeles Lakers star
Earvin "Magic" Johnson; supermarket magnate and Bill Clinton supporter Ron
Burkle; and Dennis Tito, recently returned from the world's first civilian
space trip.
Milken, through a spokesman, confirmed that he attended the meeting, but
declined to be interviewed. Schwarzenegger could not be reached for comment
through a publicist, and Sharer did not return a call yesterday afternoon.
A spokesman for Riordan, Peter Hidalgo, said the Los Angeles mayor attended,
but was "not intending to formulate any kind of policy position on this
issue. His intent is to listen to all sides."
Attached to the Enron handout was a two-page open letter, addressed to Davis
and the state Legislature, apparently prepared for those who support Lay's
position and would be willing to sign their names to it. The source who
participated in the meeting said those assembled appeared noncommittal and
asked a number of questions of Lay, but did not agree to champion his agenda.
PHOTO; Caption: Kenneth Lay
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
USA: Beverly Hills crowd unmoved by Enron pitch - paper.
05/26/2001
Reuters English News Service
(C) Reuters Limited 2001.
SAN FRANCISCO, May 26 (Reuters) - Enron Corp. chairman Kenneth Lay sought the
backing of prominent Californians for an energy deregulation plan this week
but had little success, the San Francisco Chronicle reported on Saturday.
The newspaper, citing an anonymous source present at the 90-minute meeting
Thursday at the Peninsula Hotel in Beverly Hills, said that among those
present were Los Angeles Mayor Richard Riordan, actor Arnold Schwarzenegger
and former junk-bond kind Michael Milken.
The newspaper said Enron failed to obtain signatures from anyone at the
meeting for an open letter to Gov. Gray Davis and the state legislature which
was attached to a four-page position paper championing power market
deregulation.
The Chronicle quoted its source as saying Lay's guests were inquisitive but
noncommittal.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Enron courts prominent Californians at secret meeting
05/26/2001
Associated Press Newswires
Copyright 2001. The Associated Press. All Rights Reserved.
SAN FRANCISCO (AP) - In a move to garner support from prominent California
Republicans, a Texas energy executive held a secret meeting to push for the
preservation of the state's deregulated power market, a newspaper reported
Saturday.
Houston-based Enron Corp. Chairman Kenneth Lay met with such names as movie
star Arnold Schwarzenegger, Los Angeles Mayor Richard Riordan and Michael
Milken, who pleaded guilty to fraud charges in 1990 as head of the Drexel
Burnham Lambert investment banking firm, the San Francisco Chronicle
reported. The 90-minute private meeting took place Thursday in a Beverly
Hills hotel.
Schwarzenegger and Riordan have been courted as Republican candidates for
governor.
Enron distributed a four-page plan at the meeting calling for ratepayers to
pay the billions in debt racked up by the state's public utilities and
contending that state and federal investigations of price gouging are
hindering the situation, the Chronicle reported after obtaining a copy of the
paper.
Others attending the meeting included chief executives Ray Irani of
Occidental Petroleum, Kevin Sharer of biotech giant Amgen, and Bruce Karatz
of home builder Kaufman & Broad, the Chronicle reported, citing unidentified
sources.
Lay, who is a friend and one of President Bush's largest campaign
contributors, has built the world's largest energy trader by buying
electricity from generators and selling it to consumers. During the first
quarter of this year, Enron's revenues increased 281 percent to $50.1
billion.
Lay and Gov. Gray Davis have disagreed about how California's power crisis
should be handled, and Lay says his company is being used as a scapegoat.
Enron spokeswoman Karen Denne did not immediately return a call seeking
comment Saturday.
----
On the Net:
http://www.enron.com/corp/
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Business/Financial Desk; Section C
INTERNATIONAL BUSINESS
Enron's Dispute With Utility In India Grows More Tangled
By SARITHA RAI
05/26/2001
The New York Times
Page 2, Column 5
c. 2001 New York Times Company
BANGALORE, India, May 25 -- The dispute between the Enron Corporation and
Indian federal and state government officials keeps getting messier.
Talks meant to settle the dispute over months of unpaid power bills fell
apart before they could begin on Wednesday, when the chief negotiator on the
government side, Madhav Godbole, abruptly resigned after being criticized by
a senior politician for going into the negotiations with a ''negative
mind-set.'' Pressure from the chief minister of Maharashtra state persuaded
him to retract the resignation later in the day.
Then, on Thursday, the state-run utility at the center of the dispute -- the
sole customer for electricity generated by the Enron-controlled Dabhol Power
Company -- served notice that it would challenge the validity of the contract
between Dabhol and the utility and seek to have it canceled.
The utility has long complained that Dabhol's rates are too high, and it has
tried to assess penalties on Dabhol for failing to achieve promised levels of
power capacity.
Another government committee member, R. K. Pachauri, the director of an
energy research institute, also resigned, and told reporters that the
committee had been asked to rewrite the power supply contract, which it had
no authority to do.
The move by the utility came nearly a week after Dabhol escalated the dispute
to a new level by serving its own termination notice on the utility for
nonpayment. Under the contract's terms, Dabhol's notice set the clock ticking
on a six-month cooling-off period in which the two sides might settle the
dispute before the contract is ended.
The Indian federal government, which is represented on the negotiating
committee along with the utility and the state government, has been pressing
for a quick resolution. ''The government is ready to consider any worthwhile
idea emerging out of the renegotiating committee for the settlement of the
dispute,'' the energy minister, Suresh Prabhu, said on Thursday.
Where the talks are headed is hard to tell, but both sides have much to lose
from an irreparable rupture. The success of the $2.9 billion Dabhol project,
65 percent owned by Enron, is seen as crucial to the development of India's
investment-starved power industry, and to India's hopes of attracting $10
billion in foreign investment in the coming year. Both the federal and state
governments have guaranteed the utility's payments of its bills, as well as
some of the loans to build the project.
For Enron's part, Dabhol has not brought in any revenue for months, and a
drawn-out legal battle in the Indian courts could leave it unable to recover
any of its losses if unsuccessful.
Talks are now scheduled to begin Tuesday.
Photo: Part of a power plant that a subsidiary of the United States energy
company Enron has been building in Dabhol, India. A dispute with Indian
officials over unpaid bills has clouded the future of the plant. (Associated
Press)
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
India: MSEB requests MERC to rescind Dabhol PPA
05/26/2001
Business Line (The Hindu)
Copyright (C) 2001 Kasturi & Sons Ltd (KSL); Source: World Reporter (TM) -
Asia Intelligence Wire
MUMBAI, May 25. THE Maharashtra State Electricity Board filed a petition with
the Maharashtra Electricity Regulatory Commission on Friday, asking it to
rescind the power purchase agreement (PPA) with the Dabhol Power Company.
The move is expected to shift arbitration proceedings between the two
companies to an Indian forum. "MERC will now give us instructions whether
parallel action should continue. We are praying to the commission that
arbitration proceedings be discontinued," a senior MSEB official said.
"Although, the PPA was signed much before MERC's formation, the dispute arose
only over the past few months. And as such, we are seeking a hearing on these
disputes," the official said. The Advocate General of Maharashtra, Mr Goolam
E. Vahanvati, is expected to represent MSEB at the commission hearing.
On Thursday, MSEB had issued a legal notice to Enron, stating that it had
been forced to rescind the PPA and was avoiding the contract as DPC had
"misrepresented material facts" while drawing up the PPA and hence, the board
was "no more bound by the contract".
According to the official, the PPA provides for full capacity availability
within three hours of "cold start", for which MSEB has to pay a penalty of Rs
17 lakh.
MSEB had alleged that DPC's machines take five hours to reach full capacity
and had slapped a rebate of Rs 401 crore in January 2001.
"Following this, DPC not only said the performance curves in the PPA be
replaced but that the plant profile did not fit the PPA to begin with. Also,
a series of notices - arbitration, escrow, political force majeure and
finally the preliminary termination notice - were slapped on the board," the
official said.
The board has now asked MERC to look into all disputes between the two
companies.
If DPC does not attend the hearing, the commission can give an 'ex-parte
hearing', according to legal sources. According to Section 52 of the ERC Act,
provisions of this Act have an overriding effect on all other Acts.
The board will also seek damages to the tune of about Rs 700 crore, which
includes the January rebate of Rs 401 crore and the subsequent two rebates
amounting to Rs 300 crore, the official said.
Meanwhile, negotiations between the two parties are expected to continue.
"The Godbole committee meeting is scheduled on May 29. We would like to reach
an understanding with DPC," the official said.
The board has offered to continue buying power from DPC in spite of the
notice to avoid inconvenience to the power company.
Bill not accepted: Meanwhile, DPC refused to accept Rs 139 crore toward its
April power purchase bill paid by MSEB under protest on Friday.
The DPC spokesperson refused to comment on the company's decision.
"We had sent them the bill amount but they did not accept it," a senior MSEB
official said.
The board now plans to deposit the money in DPC's bank account and send a
separate protest letter to the company, as per PPA provisions.
- Our Bureau
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
DPC refuses to take MSEB's bill for April
Our Bureau
05/26/2001
The Economic Times
Copyright (C) 2001 The Economic Times; Source: World Reporter (TM)
DABHOL Power Company on Friday refused to accept the Rs 136.87-crore April
electricity bill payment from Maharashtra State Electricity Board.
"We sent the cheque to DPC, but they refused to accept it. We are yet to get
any reply from them," said N M Mishra, director (finance) of MSEB. He said
the money was parked in a Canara Bank account.
According to a senior MSEB official, the DPC move is in response to MSEB's
notice to rescind the power purchase agreement issued on Thursday.
"It seems that since MSEB is paying the cheque under protest, DPC is now
looking at various legal implications," he said. The DPC spokesperson was not
available for comments.
Meanwhile, DPC on Friday held discussions with the power ministry officials
in New Delhi. Enron managing director K Wade Cline met power secretary A K
Basu and discussed the situation arising out of DPC serving a preliminary
termination notice because of an unresolved six-month dispute over bills owed
by MSEB.
Basu said, "The Centre will do whatever possible to resolve the DPC-MSEB
dispute at the earliest."
The ministry has advised DPC to appear before Maharashtra government's
negotiating committee headed by Madhav Godbole to plead their case.
According to Basu, the Centre has appointed former telecom secretary A V
Gokak on the committee for an early solution.
"Gokak has been fully briefed and he would try to bring both sides on a
common ground. But both the parties have to come to an understanding between
themselves," he added.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
News
Ganske Has Own War Chest To Take On Harkin for Senate
MATT KELLEY
WORLD-HERALD BUREAU
05/26/2001
Omaha World-Herald
Sunrise
8
(Copyright 2001 Omaha World-Herald Company)
Should it come down to personal wealth, Rep. Greg Ganske will have an edge in
a 2002 Iowa Senate race with Sen. Tom Harkin.
Ganske, a Republican who plans to challenge Harkin, held assets worth between
$2.48 million and $5.63 million at the end of 2000, according to financial
disclosure statements. Harkin, a Democrat, reported wealth between $363,000
and $1.43 million.
Those figures, however, may prove irrelevant as both candidates have proved
their ability to finance expensive campaigns without dipping into their
personal fortunes. Not since Ganske's first run for office, in 1994, has
either man spent his own money to get elected.
"We're both pretty good fund-raisers," Ganske said Wednesday.
The financial figures are reported each year on disclosure statements filed
by every member of Congress.
For the lawmakers from western Iowa, the most recent disclosure reports
showed relatively little change from 1999.
The maximum value of Republican Sen. Charles Grassley's assets dwindled a
bit, from $5 million in 1999 to just under $3.4 million last year. Grassley,
who farms in Butler County, keeps virtually all of his wealth in farmland and
mutual funds.
While the maximum value of Grassley's assets dwindled, the minimum value rose
from $1 million in 1999 to $1.13 million last year.
Grassley also reported loans for his farmland of between $115,000 and
$300,000. His farms brought in $81,700 in income 2000 with just over $60,000
in expenses, according to the report.
Republican Rep. Tom Latham, who is part owner of a family farm and seed
company, reported assets of between $1.5 million and $3.23 million in 2000.
That's up from 1999, when Latham reported assets between $1.1 million and
$2.6 million.
Latham's disclosure report also shows a significant jump in investment
income, from between $108,400 to just over $1 million. In 1999, Latham
reported income of between $60,000 to $145,000.
Most of that increase is due to income from his share of the family seed
company, which in 2000 crept into reporting bracket with a $1 million
ceiling. Latham's income from the company, however, is likely much closer to
bracket's lower threshold of $100,000 - a level he did not exceed in 1999.
Latham also reported a salary from Latham Seed Co. of $6,000. He reported a
loan in Grand Junction, Iowa, for $15,000 to $50,000.
As in 1999, Rep. Leonard Boswell's main source of investment income came from
the sale of between $15,000 and $50,000 in calves from his farm in Decatur
County.
The Democrat's total wealth in 2000 stood between $402,000 and $880,000 - all
of it tied to his farmland. He reported between $30,000 and $100,000 in farm
loans.
Aside from his congressional salary, Boswell earned just over $8,000 in
pension payments from his service in the Iowa Legislature. His wife, Dody,
earned just under $7,000 from Lamoni Community Schools.
Ganske also held about the same level of assets and income over 1999. He
reported between $112,100 and $273,000 in income, most it from stock
dividends, interest and capital gains.
Ganske's wife, Corrine, also works as a physician. They reported no
liabilities.
The majority of Ganske's wealth was in mutual funds.
Should Ganske win the GOP primary to face Harkin, the race is likely to
become pivotal as both parties jockey for control of the Senate. Both
candidates will draw significant donations from outside the state, perhaps
from party coffers in Washington.
Even so, personal wealth can provide a comforting cushion in close races.
According to the Center for Responsive Politics, Ganske used $618,000 of his
own money to help him defeat longtime Democratic incumbent Neal Smith in
1994.
Ganske will be mounting a similar challenge in 2002 against Harkin, a
stalwart of Iowa's Democratic establishment.
While smaller than Ganske's Harkin's portfolio contained a wide array of
stock and bond holdings. In addition to various mutual funds, Harkin and his
wife, Ruth, owned stock in Southwest Airlines, Lucent Technologies, Lehman
Brothers and Kimberly Clark.
And while he roundly criticizes the oil industry for reaping large profits,
The Harkins own between $1,000 and $15,000 worth of common stock in Enron
Corp., an energy company. Ruth Harkin owns between $25,000 and $100,000 in
stock in Conoco Inc. and served on the oil company's board of directors.
Her husband recently issued a statement that he has always been proud of his
wife's career.
Mugs/5GanskeHarkinGrassleyLathamBoswell
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
BUSINESS
Senate confirms Texan to energy commission
Houston Chronicle News Service
05/26/2001
Houston Chronicle
3 STAR
1
(Copyright 2001)
WASHINGTON - The Senate confirmed on Friday a Texas ally of President Bush
and a Pennsylvania electricity regulator to become commissioners on the
Federal Energy Regulatory Commission.
The voice-vote confirmation filled two Republican vacancies on the
increasingly visible five-member commission, which has come under intense
scrutiny in recent months over its actions to correct the wholesale power
market chaos in California.
Confirmed were Pat Wood III, head of the Texas Public Utility Commission,
which is handling the deregulation of electricity in Texas, and Nora
Brownell, a regulator in Pennsylvania, where deregulated power markets have
been called a model. Wood's term runs through mid-2005; Brownell's will
expire a year later.
FERC Chairman Curtis Hebert, a Republican, will retain his post. The two
Democrats on the commission, William Massey and Linda Breathitt, also remain
on board.
Also Friday, Sen. Dianne Feinstein, D-Calif., called for hearings into
possible improprieties between FERC members and private energy interests.
In her letter, Feinstein cited a report in the New York Times on Friday that
Ken Lay, the chairman of the Enron Corp., had told Hebert that he would
support his continuation in the job if the commissioner endorsed the
company's views on energy deregulation. Houston-based Enron is the nation's
largest electricity trader.
Hebert said he rejected Lay's offer. Lay told the Times that it was Hebert
who asked him to intercede with White House officials. The president appoints
the commission and names its chairman.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
A
Editorials
DUMB TALK / California AG's remarks crude and deceptive
Staff
05/26/2001
Houston Chronicle
3 STAR
42
(Copyright 2001)
By now many Houstonians are aware of the inappropriate and totally dumb
remark California Attorney General Bill Lockyer made about Enron Corp.
Chairman Kenneth Lay earlier this week.
"I would love to personally escort Lay to an 8-by-10 cell that he could share
with a tattooed dude who says, `Hi, my name is Spike, honey,' " Lockyer is
reported to have said in a May 22 story in The Wall Street Journal.
Lockyer would like the world to blame Enron and other Texas-based energy
companies for California's rolling blackouts.
His crude remark is not only dumb, but also calculated to deceive, because he
and other California legislators who approved the state's partial electricity
deregulation (Lockyer was a member of the Legislature) can only blame
themselves for California's shortages.
Lockyer's personal attack on Lay was beneath anyone with even a modicum of
civility. It was all the more appalling because such gutter talk by
California's top law enforcement official is not helpful in resolving
California's problems, particularly when Lockyer, as the Golden State's
attorney general, is supposedly conducting a fair and impartial investigation
into the crisis.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Enron sends staff on deputation
P Vaidyanathan Iyer NEW DELHI
05/26/2001
Business Standard
1
Copyright (c) Business Standard
Having appointed global management consultants Arthur Andersen to value its
business worth in the country, Enron has now sent on deputation most of its
100-odd employees to two of its subsidiaries, Dabhol Power Company and
Broadband Solutions Pvt Ltd.
According to sources, with Enron Corp deciding not to undertake any fresh
investments in the country, the team at Enron India had to be deployed
elsewhere in its existing lines of business, DPC and BSPL. While DPC is
embroiled in a controversy, BSPL has made investments to the tune of $30
million in setting up data centres in India.
Sources further said that Enron India, in effect, has been reduced to a shell
company merely holding stakes in Dabhol and Broadband Solutions. They also
said that several employees had put in their papers since they were no longer
handling tasks for which they were originally hired.
When contacted, a company spokesperson said, "Those on the MetGas and fibre
optic projects have been reassigned." He however refused to comment on the
total number of employees deputed elsewhere.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
Power firm vetted Bush energy regulators
JULIAN BORGER IN WASHINGTON
05/26/2001
The Guardian
Copyright (C) 2001 The Guardian; Source: World Reporter (TM)
Julian Borger in Washington
Applicants for jobs on the commission regulating the US energy market have
been vetted by the Enron Corporation, the country's biggest electricity power
company and a significant contributor to George Bush's election campaign,
according to a report published yesterday.
Soon after being appointed chairman of the federal energy regulatory
commission, Curtis Hebert told the New York Times, he received a telephone
call from the Enron president, Kenneth Lay, offering the company's backing to
help him keep his job if he adapted his views on deregulation.
Mr Hebert said he was offended by the approach and turned down the offer.
His appointment as chairman, which was provisional pending the nomination of
other members of the commission, has since been called into question by
Vice-President Dick Cheney.
Mr Hebert's chief of staff, Walter Ferguson, confirmed the newspaper account
yesterday. '[Mr Hebert] has always been forthright and he's been a
straight-shooter with folks in the industry,' he said.
Mr Lay, a close friend of the Bush family, confirmed that the telephone call
took place, but said it was Mr Hebert who asked for Enron's backing to keep
his job.
Either way, environmentalists and other critics of President Bush argue, the
fact that the conversation took place at all demonstrates the leading role
corporations like Enron have in making energy policy in Washington under the
new administration.
According to a joint investigation by the New York Times and Public
Broadcasting Service (PBS), Mr Lay and other Enron executives interviewed
other candidate members of the regulatory commission and supplied the
president's personnel adviser, Clay Johnson, with a list of the company's
preferred candidates.
The two commissioners Mr Bush chose to fill the vacant Republican seats both
had the backing of Enron and other power companies.
'It just confirms what we believed and what we've been saying, that the
Bush-Cheney energy plan is written by corporations and it's in the interests
of the corporations,' said Kevin Curtis, vice-president for government
affairs of the National Environmental Trust, a Washington pressure group.
Enron, a Dollars 100 billion behem oth in the energy trading market, was a
significant backer of Mr Bush in last year's election. It contributed Dollars
1.7m to Republican candidates, 72% of its total campaign spending.
It is a strong supporter of deregulation in the electric power market, in
particular the opening up of state markets to outside suppliers.
At the time of the phone call from Mr Lay, Mr Hebert had launched an
investigation of the pricing policies of big electricity traders, such as
Enron.
'One of our problems is that we do not have the expertise to truly unravel
the complex arbitrage activities of a company like Enron,' he told the New
York Times, adding: 'We're trying to do it now and we may have some results
soon.'
Mr Ferguson confirmed yesterday that the investigation would continue.
The large-scale deregulation of regional electricity markets since 1996 has
failed to reduce prices in many states, and since the chaos and power
shortages produced by the botched deregulation in California, the pace of
market reform has slowed down, much to the frustration of Enron.
In their telephone conversation, a few weeks after Mr Hebert's appointment,
he said Mr Lay told him that 'he and Enron would like to support me as
chairman, but we would have to agree on principles'.
Those principles would involve the pace and nature of deregulation.
Mr Lay said that there was 'never any intent' to link Mr Hebert's employment
with the commission's policies.
When Mr Hebert, a former Mississippi state regulator, was given the
chairman's job in January, the White House told him he would keep it at least
until Mr Bush's other nominees, Pat Wood and Nora Brownell, were confirmed by
the Senate.
Their appointment was confirmed this week, and Vice-President Cheney told PBS
that Mr Wood, head of the Texas public utility commission, should now get Mr
Hebert's job.
Mr Ferguson said yesterday that the president was the only one who could
decide whether Mr Hebert should keep his job.
Other candidates for seats on the commission also say that Enron played a
role in the selection process. Joe Garcia, a Florida regulator and now a
leader of the Cuban-American National Foundation, an exile pressure group,
said he was interviewed by Mr Lay and other Enron officials.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
NEWS
CALIFORNIA ENERGY CRISIS
Changes in Senate could offer state relief
Finlay Lewis and Toby Eckert
COPLEY NEWS SERVICE
05/26/2001
The San Diego Union-Tribune
1,2,6,7
A-1
(Copyright 2001)
WASHINGTON -- After weeks of impasse, a plan to bring emergency relief to
California's suffering electricity customers suddenly seems likely in the
Senate because a sympathetic friend unexpectedly finds himself in a position
to help.
This dramatic reversal of fortune will occur when Sen. Jeff Bingaman, D-N.M.,
becomes chairman of the Senate Energy and Natural Resources Committee because
of Vermont Sen. James Jeffords' defection from the GOP.
Bingaman is expected to take control of the committee next week when Jeffords
officially becomes a political independent and throws control of the chamber
to the Democratic Party. Bingaman will replace Sen. Frank Murkowski,
R-Alaska, a strong ally of the energy industry.
Unlike Murkowski, Bingaman supports a bill championed by Sens. Dianne
Feinstein, D-Calif., and Gordon Smith, R-Ore., to impose temporary restraints
on wholesale power sales in the West. The bill is likely to command a
majority if it comes to a vote in the committee.
The price caps still face fierce resistance in the House and at the other end
of Pennsylvania Avenue, where President Bush, armed with a veto pen, and Vice
President Dick Cheney steadfastly resist movement toward any form of price
controls.
But because of a committee chairman's agenda-setting power, Bingaman's
ascension would dramatically shift the prospects of the Feinstein bill and
other energy issues in the Senate.
Bush's proposal to open the Arctic National Wildlife Refuge to oil
exploration already faced difficulty, but now opponents will have easier
means to block it. And other environmentally contentious energy proposals
could face tough scrutiny from Jeffords, who is expected to become chairman
of the Senate's Environment and Public Works Committee.
Still, the president will have the power to enact the bulk of his energy
program because fewer than two dozen of his 105 proposals need congressional
action.
But the shift in the Senate allows Democrats to advance their own plan. At
the top of the list are temporary price controls.
"It's a priority for Sen. Bingaman," said Jude McCartin, a spokeswoman for
the senator. "He would like to act quickly to meet the challenges."
"Bingaman is from a Western state, unlike Murkowski," said Ashley Brown,
executive director of an electricity-policy think tank at Harvard University.
"His geographic outlook is going to be different. He is also going to be
sensitive to Democratic senators from California. It's going to mean more to
him than it meant to Murkowski."
McCartin and aides to Feinstein were guardedly optimistic about the measure's
prospects should the bill reach the Senate floor, where its bipartisan
parentage will likely guarantee bipartisan backing.
That does not mean Feinstein's bill is home-free.
Bush and Cheney's opposition to price caps is rooted firmly in their belief
that they would discourage investment in the energy industry, thereby
resulting in even shorter power supplies and more California blackouts.
In the House, a companion bill to the Feinstein-Smith measure is snarled in
complex and inconclusive negotiations in the House Energy and Commerce
Committee, and the House Republican leadership would be poised to bury any
measure that might make it to the floor in defiance of Bush's wishes.
But other factors may be bolstering prospects for action to ease the
California crisis.
McCartin pointed to the Senate's unanimous vote yesterday afternoon
confirming two Bush nominees to posts on the Federal Energy Regulatory
Commission as signaling a possibly more activist bureaucratic policy in
dealing with the state's problems.
The two new members of the nation's major regulatory authority over the power
industry are Pat Wood III, the head of the Texas Utility Commission, and Nora
Brownell, a Pennsylvania utility regulator.
Bush reportedly plans to replace FERC Chairman Curtis Hebert with Wood.
While observers say it is unlikely that Wood and Brownell would defy the
White House, they note that the appointees have indicated they might take a
more expansive view than most current FERC commissioners to bring relief to
California.
Once the Democrats take formal control of the Senate, probably about June 5,
there could be other actions affecting California's power problems.
Feinstein yesterday urged the likely chairman of the Senate Governmental
Affairs Committee, Sen. Joseph Lieberman, D-Conn., to investigate whether
energy companies are improperly influencing the FERC.
She cited a report in yesterday's New York Times that Kenneth Lay, the head
of Enron Corp., a Houston-based power marketing company, had offered to back
Hebert in his effort to remain at the commission's helm if Hebert supported
Enron's positions on electricity deregulation.
Enron outpaced all other energy companies last year in contributing to GOP
campaigns, while Lay has personally been one of Bush's most generous
financial backers.
"Since FERC has refused to fulfill its legally mandated function under the
Federal Power Act to restore `just and reasonable' electricity rates, we need
to ask whether undue influence by the companies that FERC regulates has
resulted in its failure to act," Feinstein wrote in a letter to Lieberman.
Senate passage of the Feinstein-Smith bill would send the measure to the
House, where some Republican House members from California face close
re-election races next year.
A Field Poll recently showed that 75 percent of state residents view the
electricity situation as "very serious" and that 59 percent say it was caused
by energy companies seeking to increase profits.
Democratic strategists, citing those findings, say some California lawmakers
visiting their districts over the Memorial Day recess may come under pressure
to take strong action to restrain energy prices.
Copyright , 2000 Dow Jones & Company, Inc. All Rights Reserved.
| 58,790 |
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skilling-j/inbox/965.
|
Votenet Announces Online Voter Registration Software in Spanish ,
For Immediate Release Friday, October 12, 2001 Media Contact: Michael Mack Vice President of Business Development Phone: (202) 207-0540 [email protected] http://www.votenet.com
Votenet Announces Online Voter Registration Software in Spanish
Washington, D.C. - In support of today's White House celebration of the National Hispanic Heritage Month, Votenet Solutions, Inc. is pleased to announce the Spanish language version of its pioneering Votenet Voter Registration software. The Spanish speaking population in the United States increased by an unprecedented 13 million or 62 % from 22 million in 1990 to 35 million in 2000! The political ramifications of this demographic change are expected to be far reaching. The first step in becoming an involved and informed citizen is registering to vote. Votenet's Registro De Votacion will provide Hispanic Americans a streamlined and simplified approach to the voter registration process.
Associations and advocacy groups can add the online voter registration software to their web sites for as little as $995.00 per year. The features in Spanish include:
Register to vote
Report a name change to the voter registration office
Report a change of address to the voter registration office
Register with a political party
Votenet's Voter Registration software will have a dramatic impact in areas with large Hispanic populations including: Florida, Texas, New York, and California. All of these areas were critical in the 2000 election cycle. "With only 50% of Americans voting at the national level, this software enhancement has the ability to raise that number significantly," stated Mitch Reisberg, Vice President of Votenet's Sales.
"We are very excited about adding the Voter Registration in Spanish capability to the Votenet suite of public policy solutions. We believe this product enhancement will add a unique dynamic to voter activism. All American citizens should exercise their right to vote and Votenet Voter Registration facilitates the first step; registering to vote. This Spanish language version recognizes the reality that the Hispanic population is the fastest growing segment in the United States," said Glen Hughlette, President and CEO of Votenet Solutions.
The online Voter Registration product, in English and/or Spanish, is available from Votenet Solutions. Interested groups can learn how to license the software by visiting either http://www.votenet.com or calling 1-800-VOTENET.
| 445,794 |
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mann-k/_sent_mail/2447.
|
RE: Performance guarantees ,
I like that idea. Do we know what the guarantee is supposed to look like? I
don't have the agreement with me (see below).
At last word the Coral deal was sidelined. More to come.
I'm at home with a sick child today. When you have a redlined version of the
ESA stuff (redlined against the master), please email it to my assistant,
Suzanne Adams, so she can print it and have it delivered to my house. If it
is being printed by AK in Houston, please have it delivered to my house at 29
Inverness Parkway, Houston, 77055.
Thanks,
Kay
"Thompson, Peter J." <[email protected]> on 12/12/2000 09:26:55 AM
To: <[email protected]>
cc: "Pipitone, Paul" <[email protected]>, "Cobb, Chris"
<[email protected]>
Subject: RE: Performance guarantees
I think we'll have to add a section somewhere, perhaps 10.8.5, in the
agreement. I'd like to try to keep all of the guarantees in the same
Article of the Agreement.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Tuesday, December 12, 2000 10:15 AM
To: Thompson, Peter J.
Subject: RE: Performance guarantees
I thought we weren't going to have an exhibit U anyway, since we are
plugging things into the text of the document.
I think the real point of the question is the reference to the liquid
fuel
guarantees, and where these will be reflected.
Kay
"Thompson, Peter J." <[email protected]> on 12/12/2000 08:30:54 AM
To: <[email protected]>
cc:
Subject: RE: Performance guarantees
If we aren't going to have any site specific information, then I don't
think we need an Exhibit U.
-----Original Message-----
From: [email protected] [mailto:[email protected]]
Sent: Monday, December 11, 2000 6:44 PM
To: Thompson, Peter J.
Subject: Performance guarantees
Ben decided to send the exhibits to Coral, so that's where this question
came from.
Will we have an exhibit U?
I know we owe you some answers from your email of the 6th.
Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 12/11/2000
05:41
PM ---------------------------
(Embedded
image moved
to file: From: Ben F Jacoby @ ECT
pic31037.pcx) 12/11/2000 05:25 PM
Sent by: Ben Jacoby@ECT
To: Kay Mann/Corp/Enron@Enron, Chris Booth/NA/Enron@Enron
cc:
Subject: Performance guarantees
Any ideas on this?
Ben
---------------------- Forwarded by Ben Jacoby/HOU/ECT on 12/11/2000
03:48
PM ---------------------------
"Seigler, Tom" <[email protected]> on 12/11/2000 04:50:15 PM
To: "'[email protected]'" <[email protected]>
cc:
Subject: Performance guarantees
Ben, Exhibit U indicates that liquid fuel guarantees are in Sec. 10.8.4.
I
could not fine them in that section. Could you point me to where the
liquid
fuel guarantees are located?
Tom Seigler
713-767-5672
Fax: 713-265-5672
| 300,984 |
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stokley-c/chris_stokley/volume_mang_/37.
|
Actualization Details - Import Deviation ,
Steve,
Attached are the details of the results of our actualization, estimates compared to ISO actuals, for the Import Deviation assessed against SCL schedules in September 2000. Please note that this does not include any of the transactions for which we have submitted disputes. I have also included details reflecting our original estimate for these charges.
Please feel free to call me or Chris Stokley if you have any questions.
Caroline Emmert
Specialist
Enron North America, Portland
503-464-3718
| 458,966 |
||
hendrickson-s/deleted_items/125.
|
Front Page Headlines from NYTimes.com ,
Modify E-mail Preferences horiz rule PageOnePlus toolbar [IMAGE]=
Tuesday, June 5, 2001 ON THE FRONT PAGE Court Voids Death S=
entence of Retarded Man By LINDA GREENHOUSE The Supreme Court ruled 6 to =
3 that jurors in Johnny Paul Penry's case received flawed instructions abou=
t how they should consider his retardation. Natural Gas Prices Remain =
High in Southern California By RICHARD A. OPPEL Jr. To many experts, the =
woes of California's natural gas market are as profound as those of its el=
ectricity market. Riots Break Out as Nepal Gets 3rd King in 4 Days B=
y BARRY BEARAK Hours after a new king was proclaimed in Nepal, protesters i=
n Katmandu demanded the truth about the killings of nearly the entire royal=
family on Friday night. Arizonans Urge McCain to Stick With His Own =
By RAYMOND HERNANDEZ Republican voters and party leaders in Arizona say Se=
nator John McCain is becoming increasingly isolated from his party. Ne=
ws Analysis: Teacher Pact Still Far Off By STEVEN GREENHOUSE City and uni=
on negotiators remained far apart on the size of a raise for 80,000 schoolt=
eachers, and union officials said Mayor Giuliani had a new demand: hiring a=
nd firing power over the schools chancellor. AIDS AT 20: A Special Sec=
tion Quest for AIDS Vaccine Rises From Ashes of Dashed Hopes By DENISE G=
RADY While there is still no AIDS vaccine and none is even close, research =
continues into a preventative that will at least provide some protection ag=
ainst H.I.V. Britain's Blair: Not Lovable, but Electable By SARAH LY=
ALL The people in Britain who will re-elect Prime Minister Tony Blair on Th=
ursday are not universally ecstatic about the job he has done. ALSO IN =
TODAY'S TIMES FASHION In This Bare-It-All Age, Bikinis Are Back By GINIA=
BELLAFANTE The bikini, which fell from favor in the 90's, is enjoying a vi=
brant comeback, among teenage women through those over 50. Mideast Ce=
ase-Fire Strained on 2nd Day By WILLIAM A. ORME Jr. A fragile new cease-f=
ire plan held as Israeli forces traded fire with Gaza gunmen and held a str=
ict blockade on Palestinian communities. 3 Fake Drugs Are Found in Pha=
rmacies By MELODY PETERSEN The F.D.A. is investigating four cases of coun=
terfeit prescription drugs making their way to pharmacy shelves, and, in so=
me cases, being given to patients. QUOTATION OF THE DAY [IMAGE]We're =
also visitors today in the home of 68 endangered species and the only place=
on earth where crocodiles and alligators live side by side. We're kind of =
hoping that's the way it gets to be in the United States Congress.src=3D"ht=
tp://graphics.nytimes.com/images/misc/qclose.gif" ALT=3D""" WIDTH=3D"20" HE=
IGHT=3D"20" BORDER=3D"0" align=3D"top"/> PRESIDENT BUSH, in the Everglades=
. TODAY'S IMAGES [IMAGE] Front Page Image Today's Photos Ad=
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National * N.Y. Region * Politics * Obituaries * Business * Techn=
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Copyright 2001 The New York Times Company =09[IMAGE]=09[IMAGE]=09
| 165,623 |
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mann-k/_sent_mail/1709.
|
Re: Hi ,
Hi,
Things are going just fine here. I'm looking forward to spring - baseball
and gardening. I want more weather like last weekend.
I was in NYC last week. I managed to get lost walking around Midtown. I
know, that's impossible. I was talking on my cell and walking. I walked
from Bloomingdale's to somewhere east and slightly north of the theater
district. Oh, I should add I was headed to the Omni at 52nd and Madison.
When I realized I was walking downhill with only warehouses ahead, it clicked
that I was off track. My feet hurt so badly when I got back I could hardly
stand it.
Are you going to spring training this year?
Gotta get back to work. Thanks for writing.
Kay
ANDREA DOWLEN <[email protected]> on 02/08/2001 08:34:18 AM
To: [email protected]
cc:
Subject: Hi
Hi Kay.........just wanted to touch base.
My Cameron Desktop / Email / Internet blew out last
week when I had airline software updated. No one at
Cameron has a clue. I miss Chris Handwerk real bad!
Went to Fan Day last week. Had pic made with Milo,
Biggio, J. Jack....very fun. I hope you made it. If
not plan on next year. I was a real winner.
Let me know how you are??????!!!!
Andrea
=====
Andrea Dowlen
__________________________________________________
Do You Yahoo!?
Get personalized email addresses from Yahoo! Mail - only $35
a year! http://personal.mail.yahoo.com/
| 300,167 |
||
lewis-a/deleted_items/1179.
|
LazyTrader Trading Tips ,
Lazy Traders,
Did you know that you can trade from 7.30 AM EST until 8 PM EST?
The old 9.30 to 4 routine has fallen by the wayside, and it sometimes is much
more profitable to trade early in the morning and after 4 PM because more news
comes out before 9.30 and after 4 PM than during the day.
What do you think happens if Microsoft announces that it is buying a small
company at 4.10 PM?
Exactly.
The small company's shares will go through the roof at 4.10 and will continue
to go up until 8 PM.
But they will probably fall at 9.30 AM the next morning because people are
taking profit.
This is the scenario Michael Crowder's Chatroom uses to rack up profits of over
800% in the last eight weeks and you can become part of that as well when you
learn to DayTrade with the Lazy DayTrader System.
Check it out at:
http://www.lazytrader.com
How much time do you have to spend in front of your computer?
-------------------------------------------------------------
If you have as little as one hour a day you can trade successfully.
The new Nasdaq trading rules.
-----------------------------
On September 23 Nasdaq came out with new rules which in effect prevents people
with less than $25,000 to cash their trades more than once every 3 days.
So what you do is divide your money in 3 and trade that amount every day;
problem solved.
You can still open an account for as little as $500 with http://www.datek.com
and for as little as $2000 with http://www.interactivebrokers.com, both
reputable and reliable on-line brokers.
How to minimize your risk and maximize your profits?
----------------------------------------------------
1. Learn to DayTrade with the Lazy Daytrader System.
2. Papertrade until you are 95% successful.
3. Join Michael's Chatroom and learn how and when he calls his picks.
4. Start trading with VERY small amounts of real money.
5. Build up confidence and take your time.(How long did you go to school?)
If you follow these rules you minimize your risk and maximize your profits.
And remember that stocks will ALWAYS go up even in bad and uncertain economic
times when any of these circumstances happen:
-Large company buys small company; small company's shares will always go up.
-Company comes out with cure for cancer; shares will always go up.
-Company gets exclusive, such as rights to sell telephones in China;shares will
always go up.
-Company has mind blowing earnings, such as 3 times last quarter; shares will
always go up.
Have a nice day and email me with questions.
Frank vanderlugt
http://www.lazytrader.com
[email protected]
To be removed just click on:
[email protected]
*800% profit is the maximum you could have made in the last 8 weeks if you
would have bought Michael's Stockpicks when he called them and you would have
sold at the high for the day. To be able to sell at the high for the day
consistently is not realistic.
The risk factor is high in stock trading and only "Risk Capital" or
"Risk
Funds" should be used in such trading. A person who does not have extra
Risk
Capital, or Risk Funds, that they can afford to lose, should not trade in the
market. No "SAFE" trading system has ever been devised, and no one
including us
can guarantee profits or freedom from loss. We are not brokers or stock
advisors.
___________________________________________________
GO.com Mail
Get Your Free, Private E-mail at http://mail.go.com
---
You are currently subscribed to lazytrader4 as: mailto:[email protected]
To unsubscribe send a blank email to mailto:[email protected]
Please make sure that the FROM field of your email matches mailto:[email protected]
| 280,108 |
||
lay-k/inbox/822.
|
December 6th - Legislative Update ,
Attached is the latest edition of our Legislative Update.
<<wlu Dec 4th.doc>>
Thanks!
Allyson LaFave
Special Projects Coordinator, Government Relations
Greater Houston Partnership
Tel: (713) 844-3623
Fax: (713) 844-0223
mail to: [email protected]
- wlu Dec 4th.doc
|
undisclosed-recipients:;@ENRON <??Sundisclosed-recipients:;@ENRON>
| 272,479 |
|
kitchen-l/_americas/esvl/673.
|
FW: Draft Letter to Apache ,
Louise and Bill -
Attached is a draft letter to send to Apache. Carol St. Clair and I are ok with it, but we wanted to get your input before it goes out. Let me know your thoughts.
Andy
<<Apache Crude Oil Marketing.doc>>
| 257,801 |
||
shackleton-s/all_documents/10740.
|
Employment Candidate ,
Anna:
Could I please have your email address? Is it "[email protected]"?
Also, are you interested in receiving Kristina Fisher's resume via facsimile?
Regards
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
[email protected]
----- Forwarded by Sara Shackleton/HOU/ECT on 04/24/2001 08:33 AM -----
Sara Shackleton
04/20/2001 11:31 AM
To: Anna Jansson/EU/Enron@Enron
cc:
Subject: Employment Candidate
Anna:
I would like to fax the resume of Kristina Fisher to you (I do not have a
word version to email). She is the candidate about whom we spoke recently.
I have also asked Kristina to visit the website "www.enroncareers.com" and
apply through that process. I assume that you are the person who receives
inquiries on the website.
Please advise me of your fax number and I can send the resume directly to you.
Thanks so much for your interest.
Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas 77002
713-853-5620 (phone)
713-646-3490 (fax)
[email protected]
| 412,557 |
||
taylor-m/inbox/77.
|
Natural Gas Trading Audit Report ,
The Natural Gas Trading audit, executed by Andersen, has been completed. The attached Final Report has been reviewed with key process owners and issues were discussed with appropriate personnel, both during the audit and at the Closing Meeting. Final Reports will also be reviewed in detail with Wes and Sally on a periodic basis.
EAS will follow up with you regarding implementation of corrective actions for High Priority Items
If you have any questions, please contact me at ext. 5-4554. Thank you.
Mechelle Atwood
Director, Enron Assurance Services
Enron Wholesale Services
713.345.4554; Location: EB2383
[email protected]
| 479,906 |
||
mann-k/all_documents/2822.
|
Override letter ,
----- Forwarded by Roseann Engeldorf/Corp/Enron on 12/22/2000 11:32 AM -----
Kay Mann
12/21/2000 12:22 PM
To: Brett R Wiggs/SA/Enron@Enron, John R Ayres/NA/Enron@Enron, Lisa
Alfaro/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, John Novak/SA/Enron@Enron
cc: Roseann Engeldorf/Corp/Enron@ENRON, [email protected]
Subject: Override letter
Attached is the form of override letter to be executed at the same time as
the GE facility agreement. It addresses accounting issues and lender
requirements.
I should have a final draft of the GE facility agreement later today.
Kay
| 305,624 |
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cuilla-m/deleted_items/79.
|
[Footballguys] Update # 125 10-16 Week 6 Upgrade - Downgrades ,
Hi Folks,
Footballguy Scott Luebke takes a look at this week's players who are moving
up and down in value.
IMPORTANT NOTE: Remember that Dallas, and Oakland are on byes this week in
addition to Miami, Seattle and San Francisco. Dallas and Oakland were
originally scheduled to play but moved their game up. This could affect
your team if you had planned on any Cowboys or Raiders filling in for your
Miami, Seattle and San Francisco players. Don't get caught shorthanded and
make a pickup if you need to.
Also remember the Thursday game this week if your league has special rules
for turning in rosters.
Have a great week.
Joe
/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/
Upgrades
QBs Moving Up
QB - Jeff Garcia - Garcia looked great on Sunday against the Falcons with
332 passing yards, 70 rushing yards and 4 total touchdowns. He continues to
prove that the 2000 season is no aberration. As long as Terrell Owens
remains healthy, Garcia will continue to produce. Very impressive on
Sunday.
QB - Steve McNair - After appearing invisible for the season heading into
Sunday, McNair shocked and impressed fantasy owners with 230 yards passing,
54 yards rushing and 2 total touchdowns against a solid Tampa Bay defense.
Although he was impressive on Sunday, don't rely on McNair as your fantasy
team starter on a weekly basis. If McNair could get some big play weapons
on offense, he could become a top flight fantasy quarterback. For now, be
happy with Sunday's performance.
QB - Vinny Testaverde - Testaverde impressed with an efficient performance
once again on Sunday. Testaverde has yet to throw an interception this
season. With 4 touchdowns in the last 2 games, Vinny is looking good. Keep
in mind, Testaverde has yet to surpass the 200 yard barrier, so his value is
much higher in basic scoring leagues.
RBs Moving Up
RB - Ricky Williams - After a slow start to the season, Williams has gained
356 total yards and 2 touchdowns in his last 2 games. Keep in mind,
Williams has already had his bye, so he should be a fixture in your lineup
for the remainder of the season as long as he stays healthy.
RB - Eddie George - George finally delighted fantasy owners with 132 total
yards and a touchdown on Sunday. The patient owner will start to see the
rewards of having George on the roster for the remainder of the season.
With George having Miami, Jacksonville, Baltimore, Tampa Bay and a bye week
in the first 5 weeks of the season, his schedule was difficult. The
schedule only gets easier for George during the remainder of the season.
Look for a strong finish to the season out of George.
RB - Priest Holmes - With Tony Richardson out of the lineup, Holmes was
given the chance to produce and he has not disappointed. During his last 3
games, Holmes has averaged 158 total yards and scored 5 touchdowns. More
importantly, Holmes has apparently claimed the feature back role in the
Kansas City offense. Look for Holmes to ride the "production train" for the
next few weeks with matchups against Arizona and Indianapolis.
RB - Warrick Dunn - Expected to be out 4-6 weeks, Dunn returned to the
lineup after a 1 week absence and delighted fantasy owners. Despite having
just 16 yards rushing, Dunn added 65 yards receiving and 2 touchdowns. The
early return gives Dunn a tremendous upgrade.
RB - Shaun Alexander - Will Ricky Watters have the starting job when he
returns from injury? Probably not. Alexander finished with 142 rushing
yards and 2 touchdowns against Denver. With Watters in the last year of his
contract, look for the Seahawks to keep Alexander in the starting lineup for
the remainder of the season. A great keeper/dynasty running back.
RB - Ron Dayne - After being limited in practice by a neck injury suffered
in the Washington game, Dayne hit the field and a delighted fantasy owners.
With 88 rushing yards and a touchdown on Sunday, Dayne continues to gain
momentum into being named the team's feature back. With Tiki Barber
hampered by a hamstring injury, Dayne will be able to post quality numbers
against some poor defenses.
WRs Moving Up
WR - Keyshawn Johnson - Johnson took over the game with 8 catches for 140
yards against Tennessee. However, he has yet to connect with Brad Johnson
for a receiving touchdown this season.
WR - Kevin Johnson - Johnson was able to beat a bad Cincinnati secondary for
a career high 153 yards receiving on Sunday. With the continued development
of Tim Couch, Johnson could be a quality fantasy option for the remainder of
the season. Keep in mind, Cleveland plays in a tough division where low
scoring games will be the norm.
WR - Terry Glenn - Once thought to be written off for the entire season,
Glenn returned in a big way on Sunday with 110 yards and a touchdown. If
the Patriots offensive line can protect the quarterback, Glenn could have a
decent remainder of the season. Don't expect these type of numbers every
week. Look for Glenn to put up inconsistent numbers the rest of the way.
WR - Terrell Owens - 183 receiving yards and 3 touchdowns deserves an
upgrade in my book. Basically, keep him in your lineup every week.
WR - Germane Crowell - Crowell finished with 125 yards and a touchdown on
Sunday. Everything looked good with Charlie Batch at the helm for the
passing game. Reality check...this game was against the hapless Vikings
secondary. Regardless, 125 yards and a touchdown deserves the upgrade.
TEs Moving Up
TE - Cam Cleeland - Despite having just 3 catches for 38 yards on Sunday,
Cleeland was able to get into the scoring column with the all important 2
touchdowns. With opponents fearful of the Saints wide receiving corps of
Horn, Jackson and Crowell, Cleeland is seeing plenty of one on one coverage.
Cleeland is most likely on a fantasy roster. If not, go get him.
TE - Bubba Franks - 2 reception for 4 yards. Not that impressive, unless
you realize that both catches were touchdowns. Franks has scored 5
touchdowns in the first 5 games this season. Look for continued success as
Franks is a key to success for the Packers in the red zone.
TE - Marcus Pollard - The Colts continue to get Pollard involved in the
offense. He has averaged 58 receiving yards in the last 2 games while
scoring a touchdown. However, Pollard ran a couple poor routes that led to
two interceptions for Manning.
/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/
Downgrades
QBs Moving Down
QB - Rob "The Running Joke" Johnson - Yep, that's right. With the help of
all the sharks out there, we were able to once again downgrade Rob Johnson,
even with him being on a bye week. After spending a few hours laughing
through numerous Rob Johnson takes, I was unable to come to a decision on
the best take. With that said, I will let you, the sharks, decide the best
Rob Johnson downgrade take. Cast your vote on the footballguystalk.com
message board. Buffalo Fans, we feel your pain out there. I know you
guys are some of the best fans in the league, we're just trying to lighten
things up. Here are a few takes from some of our readers:
Take #1: I just took the SAT, and actually had this question. I think it
sums it up best.
Samuel L. Jackson is to Mr. Glass as Rob Johnson is to _______.
A) Mr. Styrofoam
B) Mr. Balsa Wood
C) Mr. Tin Foil
D) Mrs. Glass
I said D. What do you think, did I get it right?
Thanks
Jonathon Hoff
----------------------------------------------------------------------------
----
Take #2: Rob Johnson took his heaviest blow this past week, injuring not
only his neck (pinched nerve), but also his "best side". Johnson was quoted
as saying "Sure, the neck hurts, but this bruise on my cheek is really going
to affect my promo photos. How's a guy supposed to make a living?" While
Johnson is day-to-day because of the neck, it appears his profile injury
will keep him out of the "pretty business" for 3-4 weeks. Adding insult to
injury, his agent apparently will have Flutie sub for Johnson during this
hiatus. The agent responded "Hey, when Johnson couldn't cut it on the
football field last year, Flutie kicked ass, so I suspect he can replace Rob
here, too." We're downgrading the Buffalo QB, and we'd keep Johnson on the
bench in fantasy football, and in fantasy modeling.
Guy Whitehead
----------------------------------------------------------------------------
----
Take #3: Top 5 Reasons to downgrade Rob Johnson:
5. Silly headband brings back painful 80s memories
4. Deceased blues legend Robert Johnson is a more viable fantasy option
3. Janet Reno considers ordering agents to take Doug Flutie by force and
return him to his rightful home in Buffalo. Johnson might be sent to Cuba to
live with Elian Gonzalez. Castro to protest before United Nations and demand
Alex Van Pelt instead.
2. Sneaky agent includes bonus clause for appearing on injury report.
1. Jerry Jones praises Johnson as his "next big find".
Regards,
MKF
Seriously Now, Another QB Moving Down
QB - Trent Green - Green continues to disappoint fantasy owners. With the
nagging injuries to Derrick Alexander and Marvin Minnis being inexperienced,
Green continues to have problems finding his wide receivers. Prior to the
season, there was speculation that the loss of Sylvester Morris would hurt
Green's production. The speculation was correct.
RBs Moving Down
RB - Ricky Watters - The emergence of Shaun Alexander downgrades the injured
Watters' value further.
RB - Marshall Faulk - Faulk suffered a sprained MCL on Sunday. Initial
indications speculated that Faulk would miss 4 weeks of action. The next
reports had Faulk missing 1-2 games. Now they're saying he could play this
week! Regardless, make sure you grab Trung Canidate, if you are a Faulk
owner. It'll help you sleep better.
RB - Tyrone Wheatley - Despite getting the carry at the goal line and a
short score, Wheatley gets the downgrade this week. With just 7 carries for
24 yards and a fumble, it appears the Raiders are leaning towards making
Charlie Garner the feature back. More importantly, Wheatley missed a key
pass block that led to a hard hit on Rich Gannon. Basically, it appeared
that Wheatley shied away from contact on the play and did his best
bullfighter imitation. Jon Gruden did not appear very happy.
RB - Mike Alstott - 5 carries for 4 yards...OUCH!
RB - Michael Bennett - Bennett was able to manage 13 carries on Sunday.
However, he finished with just 46 rushing yards and no touchdowns. Plus,
Bennett suffered a sprained right ankle that forced him out of the game.
Keep him on your bench for the time being.
WRs Moving Down
WR - Bill Schroeder - Schroeder suffered a sprained ankle in Sunday's game
versus Baltimore. The injury does not appear to be serious, but something
worth watching. Because of the injury, Schroeder is downgraded this week.
WR - Derrick Alexander - Plain and simple, Alexander has done nothing this
season and is among the biggest disappointments of the fantasy season.
Alexander earns a spot on the "Biggest Disappointment Team".
WR - Willie Jackson - Although I am still high on Willie Jackson, he was
held to just 25 yards on 2 catches this weekend. Every receiver will have
bad outings throughout the course of the year so this might be a little
harsh placing him here. But it's a murky situation how the distribution
will play out in New Orleans. QB Aaron Brooks needs to get it going.
WR - Wayne Chrebet - Chrebet has failed to score on the year and seems to
have taken a back seat to Laveranues Coles in the Jets wide receiving crew.
There's a chance Chrebet's numbers could increase as team's start focusing
their attention on the speedy Coles but for now, we're a little worried
about Chrebet.
/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/
Waiver Wire
QB - Charlie Batch - During comeback mode against the Vikings, Batch managed
to gain 345 yards and pass for 3 touchdowns. Don't get too high on Batch
yet. Remember, this performance came against a mediocre Vikings secondary.
However, Johnnie Morton and Germane Crowell provide Batch with two quality
receivers. Look for more good games out of Batch...against weaker defenses.
QB - Tom Brady - With the addition of Terry Glenn in the lineup, Brady
torched the San Diego defense throughout the game. Don't expect these kind
of numbers on a weekly basis, but there are signs that Brady has the
potential to become a good fantasy quarterback, although you have to
consider Bledsoe and what happens when he's ready to go. Regardless, Brady
is a decent option for fantasy owners in need of a quarterback right now.
RB - Trung Canidate - Canidate will probably get at least start as the
running back for the powerful Rams offense. Marshall Faulk was expected to
miss at least 4 weeks during initial reports. The the next reports have
Faulk missing 1-2 weeks of action. Now they're saying he could play this
week. He's still not a bad guy to have for insurance.
RB - Anthony Thomas - Thomas continues to get a good number of carries. It
is becoming more apparent that the Bears are slowly giving the feature back
role to Thomas. Look for Thomas' role to become larger and larger as the
season progresses.
WR - Terry Glenn - Once thought to be written off for the entire season,
Glenn returned in a big way on Sunday with 110 yards and a touchdown. If
the Patriots offensive line can protect the quarterback, Glenn could have a
decent remainder of the season. Don't expect these type of numbers every
week, but Glenn could be a welcome addition to a fantasy team in need of a
receiver.
WR - Donald Hayes - With defenses rolling coverage in the direction of the
talented Muhsin Muhammad, Donald Hayes is seeing a lot of one-on-one
coverage. With 7 catches and a touchdown on Sunday, it appears that Chris
Weinke and Hayes are starting to build a quality QB to WR relationship.
WR - Eddie Kennison - Kennison showed signs of quality production this week.
With Rod Smith seeing double/triple coverage on the other side of the field,
Kennison will be given a great chance to post excellent fantasy numbers.
Kennison is an extremely talented receiver and maybe this week's performance
was needed to get him "over the hump".
Check back next week for The General's All-Disappointment Team.
/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/**/
Bryant Analytics, Inc. All Rights Reserved 1999-2001
To unsubscribe from this group, send an email to:
[email protected]
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
| 54,950 |
||
hain-m/all_documents/438.
|
I'm Leaving Enron ,
Mary: Heard your news and I wish you the very, very best. Please stay in
touch!!!!!
Cynthia Sandherr
The NewPower Company
1615 L Street, N.W.
Tenth Floor
Washington, D.C. 20036
(202) 828-8827
(202) 828-6325 (fax)
[email protected]
----- Forwarded by Cynthia Sandherr/HOU/NewPower on 03/27/01 05:07 PM -----
----- Forwarded by Kathleen Magruder/HOU/NewPower on 03/24/01 02:58 PM -----
Mary Hain@ECT
03/23/01 01:24 PM
To: [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected],
Joseph Alamo, [email protected], Jeff Alexander, Al Alexanderson@Enron,
Keonee Almaida, [email protected], Brenda Anderson, [email protected],
Alan B Aronowitz/HOU/ECT@ECT, [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected], Samuel Behrends,
[email protected], [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected], Jim Byrne,
[email protected], [email protected], Doug Carmichael, Ed
Cassidy, [email protected], Melissa Chiechi, [email protected],
[email protected], [email protected],
[email protected], Bill Comish, Victor Contract, [email protected],
Frederick Coolbroth, [email protected], [email protected],
[email protected], Wanda Curry/HOU/EES@EES, [email protected],
kadaly/atty%[email protected], [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], Mary Doyle, Jay Dudley, [email protected],
[email protected], Katherine Edwards, [email protected],
[email protected], Chris Elliott, [email protected],
[email protected], [email protected], Jim Fallon, [email protected],
Elias Farrah, [email protected], [email protected], [email protected],
Willard Fields, [email protected], [email protected], Pat Franklin,
John Frazzell, [email protected], [email protected],
[email protected], Jackie Gallagher, [email protected], Alvaro
Garcia/LON/ECT@ECT, [email protected], [email protected],
[email protected], Pat Gilman, Alex Goldberg,
[email protected], [email protected], Mary Groggin,
Mark E Haedicke/HOU/ECT@ECT, Stephen Hall, [email protected], Leo
Hamblin, [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], [email protected], Scott Helyer,
[email protected], [email protected], [email protected], [email protected],
[email protected], Marlene [email protected], [email protected], Richard
Ingersoll/HOU/ECT@ECT, [email protected], [email protected], [email protected],
[email protected], [email protected], Karen E Jones/HOU/ECT@ECT,
[email protected], [email protected], [email protected],
Paul Kaufman/PDX/ECT@ECT, Jeffrey Keeler/Corp/Enron@Enron @ Enron, Devon
Kehoe <[email protected]>, James Keller, [email protected],
[email protected], Rick Kessler, [email protected], Harry Kingerski/HOU/EES@EES,
Harry Kingerski/NA/Enron@Enron, [email protected], [email protected],
John Klauberg, Holli Krebs/HOU/ECT@ECT, [email protected],
[email protected], [email protected], John Lamb, Therese Lamb,
[email protected], [email protected], [email protected],
[email protected], [email protected], Debi LeVine, [email protected],
[email protected], Robert Loeffler, Chris Long, [email protected],
[email protected], [email protected],
[email protected], [email protected], Mark Maehr, Randal T
Maffett/HOU/ECT@ECT, John Malowney/HOU/ECT@ECT, Sueyen Mao, Susan J
Mara/SFO/EES@EES, Susan J Mara/NA/Enron@Enron, Lee Martin@Enron,
[email protected], Wayne Mays/PDX/ECT@ECT, Michael McCall/HOU/ECT@ECT,
Sandra McCubbin/NA/Enron@Enron, Travis McCullough/HOU/ECT@ECT, Michael
McDonald, [email protected], [email protected], [email protected],
[email protected], [email protected], Maureen McVicker,
[email protected], [email protected], [email protected],
[email protected], [email protected], Jeffrey Miller/HOU/ECT@ECT,
[email protected], Laura Miller, [email protected], Bill
Miner, [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected], Rich
Nassief, [email protected], [email protected], Patty Nichols, Christi
Nicolay, [email protected], [email protected], Sarah Novasel@sarah
novosel/Corp/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Tom O'Donnell,
[email protected], Pegy Olds, Carol Opatrny, [email protected],
Dave Parquet, [email protected], [email protected], [email protected],
[email protected], [email protected], [email protected], Mona L
Petrochko/NA/Enron@Enron, [email protected], Phillip
Platter/HOU/ECT@ECT, Alfred Pollard/HOU/ECT@ECT, Walt Pollock@Enron,
[email protected], Kevin M Presto/HOU/ECT@ECT, [email protected],
[email protected], [email protected], Dale
Rasmussen/HOU/ECT@ECT, Scott Rasmussen, Bobby Reeves/PDX/ECT@ECT,
[email protected], [email protected], [email protected], Jeff
Richter/HOU/ECT@ECT, [email protected], [email protected], [email protected],
[email protected], [email protected], Richard Sanders,
[email protected], Michael Schilmoeller/PDX/ECT@ECT,
[email protected], [email protected], Diana
Scholtes/HOU/ECT@ECT, Roger Seifert, Cara Semperger, [email protected],
Richard Shapiro, Vicki Sharp/HOU/EES@EES, Mike D Smith/HOU/EES@EES, Joshua
Sheinkman, [email protected], Sid, [email protected],
[email protected], [email protected], [email protected],
[email protected], Mike Smith, Roger Smith, Larry
Soderquist/HOU/ECT@ECT, Harvey Spigal, [email protected], James D
Steffes/NA/Enron@Enron, James D Steffes/NA/Enron@Enron,
[email protected], [email protected], [email protected],
[email protected], Mike Swerzbin/HOU/ECT@ECT, [email protected], Ron
Tapscott/HOU/ECT@ect @ ECT, James K Tarpey/DEN/ECT@ECT, Jake Thomas,
[email protected], [email protected], [email protected],
[email protected], [email protected], Ann Tumlinson, AW Turner, Sheila
Tweed, Lisa Urick, [email protected], Frank W Vickers/HOU/ECT@ECT,
John Walley, [email protected], [email protected],
[email protected], Steve Walton/HOU/ECT@ECT, [email protected], Kim
Ward/HOU/ECT@ECT, Carol Wardell, [email protected], [email protected],
[email protected], [email protected], [email protected],
[email protected], Brian Whalen, Bill Williams/PDX/ECT@ECT,
[email protected], [email protected], Greg Wolfe@ECT, Vickie
Wolk-Laniewski@Enron, Ed Wood/HOU/ECT@ECT, [email protected], Steve Wright,
Teresa L Wright/HOU/ECT@ECT, WSCC, Charles Yeung, Christian
Yoder/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron, Steve Kean, Travel in the
Park, D Brett Hunsucker/HOU/ECT@ECT, Carla Hoffman/PDX/ECT@ECT, Bernadette
Hawkins, Joe Hartsoe@Enron, Donna Fulton, Roger Fragua/HOU/ECT@ECT, James B
Fallon/HOU/ECT@ECT, Michael Etringer/HOU/ECT@ECT, Terry W
Donovan/HOU/ECT@ECT, Stacy Dickson@ECT, Ginger Dernehl/HOU/EES@EES, Rhonda L
Denton/HOU/ECT@ECT, Jeff Dasovich/NA/Enron@Enron, Sean Crandall/PDX/ECT@ECT @
ECT, Tom Briggs/NA/Enron@Enron, [email protected], Stacey Bolton, Dennis
Benevides/HOU/EES@EES, Dennis Benevides/HOU/EES@EES, Tim Belden/HOU/ECT@ECT,
Robert Badeer/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Alan Comnes, Lysa
Akin/PDX/ECT@ECT, Portland West Desk, [email protected], Alan
Comnes/PDX/ECT@ECT, Alberto Levy/SA/Enron@Enron, Aleck Dadson/TOR/ECT@ECT,
Allison Navin/Corp/Enron@ENRON, Amy Fabian/Corp/Enron@ENRON, Barbara A
Hueter/NA/Enron@Enron, Bernadette Hawkins/Corp/Enron@ENRON, Bill
Moore/NA/Enron@Enron, [email protected], Carlos Gustavo
Azevedo/SA/Enron@Enron, Carmen Perez/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Carolyn Cooney/Corp/Enron@ENRON, Charles Yeung/HOU/ECT@ECT, Chauncey
Hood/NA/Enron@ENRON, Chris Long/Corp/Enron@ENRON, Christi L
Nicolay/HOU/ECT@ECT, Cynthia Sandherr/Corp/Enron@ENRON, Damon
Harvey/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Dan Staines/HOU/ECT@ECT, Daniel
Allegretti/NA/Enron@Enron, Dave Mangskau/Corp/Enron@ENRON, Donald
Lassere/NA/Enron@Enron, Donna Fulton/Corp/Enron@ENRON, Eidy
Catala/TRANSREDES@TRANSREDES, Elizabeth Linnell/NA/Enron@Enron, Frank
Rishe/NA/Enron@Enron, Geriann Warner/NA/Enron@Enron, Ginger
Dernehl/NA/Enron@Enron, Gisele S Braz/SA/Enron@Enron, Gloria
Ogenyi/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Guillermo Canovas/SA/Enron@Enron,
Harry Kingerski/NA/Enron@Enron, Howard Fromer/NA/Enron@Enron, James D
Steffes/NA/Enron@Enron, Janine Migden/NA/Enron@Enron, Javier
Pantoja/TRANSREDES@TRANSREDES, Jean R Dressler/NA/Enron@Enron, Jean
Ryall/NA/Enron@ENRON, Jeff Brown/NA/Enron@Enron, Jeff
Dasovich/NA/Enron@Enron, Jeffrey Keeler/Corp/Enron@ENRON, Joao
Paixao/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Joe Allen/NA/Enron@Enron, Joe
Connor/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Joe
Hillings/Corp/Enron@ENRON, Jose Bestard/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Joseph Alamo/NA/Enron@Enron, Kathleen Sullivan/NA/Enron@ENRON, Kerry
Stroup/NA/Enron@Enron, Kikumi Kishigami/NA/Enron@Enron, Kirsten
Bellas/NA/Enron@Enron, Lara Leibman/NA/Enron@Enron, Laurie
Knight/NA/Enron@Enron, Leslie Lawner/NA/Enron@Enron, Linda J
Noske/HOU/ECT@ECT, Linda Robertson/NA/Enron@ENRON, Lindsay
Meade/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Lisa Yoho/NA/Enron@Enron, Lora
Sullivan/Corp/Enron@ENRON, Luiz Maurer/SA/Enron@Enron, Lysa Akin/PDX/ECT@ECT,
Marchris Robinson/NA/Enron@Enron, Marcia A Linton/NA/Enron@Enron, Marcie
Milner/Corp/Enron@ENRON, Mary Hain/HOU/ECT@ECT, Maureen
McVicker/NA/Enron@Enron, Melinda Pharms/HOU/ECT@ECT, Michelle
Belzak/TOR/ECT@ECT, Mona L Petrochko/NA/Enron@Enron, Nancy
Hetrick/NA/Enron@Enron, Patrick Keene/NA/Enron@Enron, Ray
Alvarez/TRANSREDES@TRANSREDES, Rebecca W Cantrell/HOU/ECT@ECT, Ricardo
Charvel/NA/Enron@Enron, Richard Ingersoll/HOU/ECT@ECT, Richard
Shapiro/NA/Enron@Enron, Robert Frank/NA/Enron@Enron, Robert
Hemstock/CAL/ECT@ECT, Robert Neustaedter/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Robin Kittel/NA/Enron@Enron, Ron McNamara/NA/Enron@Enron, Roy
Boston/HOU/EES@EES, Rubena Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Sandra McCubbin/NA/Enron@Enron, Sarah Novosel/Corp/Enron@ENRON, Scott
Bolton/Enron Communications@Enron Communications, Sergio
Assad/SA/Enron@Enron, Stella Chan/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT,
Stephen D Burns/Corp/Enron@ENRON, Steve Montovano/NA/Enron@Enron, Steve
Walton/HOU/ECT@ECT, Steven J Kean/NA/Enron@Enron, Sue Nord/NA/Enron@Enron,
Susan J Mara/NA/Enron@ENRON, Susan M Landwehr/NA/Enron@Enron, Terri
Miller/NA/Enron@Enron, Thane Twiggs/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Tom
Briggs/NA/Enron@Enron, Tom Chapman/HOU/ECT@ECT, Tom Delaney/Corp/Enron@ENRON,
Tom Hoatson/NA/Enron@Enron, Tracy Cooper/Enron Communications@Enron
Communications, Valeria Lima/SA/Enron@Enron, Vinio Floris/Corp/Enron@Enron,
Xi Xi/Enron Communications@Enron Communications, Steven J
Kean/NA/Enron@Enron, Jeffrey Keeler/Corp/Enron@ENRON, Christi L
Nicolay/HOU/ECT@ECT, Sarah Novosel/Corp/Enron@ENRON, Robert
Frank/NA/Enron@Enron, Lara Leibman/NA/Enron@Enron, Gloria
Ogenyi/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Richard Shapiro/NA/Enron@Enron,
Leslie Lawner/NA/Enron@Enron, Paul Kaufman/PDX/ECT@ECT, Aleck
Dadson/TOR/ECT@ECT, Daniel Allegretti/NA/Enron@Enron, Howard
Fromer/NA/Enron@Enron, Joe Hartsoe/Corp/Enron@ENRON, Roy Boston/HOU/EES@EES,
Janine Migden/NA/Enron@Enron, Christie Patrick/HOU/ECT@ECT, Jane
Wilson/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Rhonda L Denton/HOU/ECT@ECT,
Kathleen E Magruder/HOU/EES@EES, Susan T Covino/HOU/EES@EES, Rebecca
Carter/Corp/Enron@ENRON, Shelley Corman/ET&S/Enron, Janet Butler/ET&S/Enron,
Kevin M Presto/HOU/ECT@ECT, Brad Richter/Enron Communications@Enron
Communications, Greg Piper/Corp/Enron, Kevin McGowan/Corp/Enron@ENRON, Kim
Ward/HOU/ECT@ECT, Leslie Reeves/HOU/ECT@ECT
cc:
Subject: I'm Leaving Enron
I am going to be the Senior Regulatory Counsel at ISO New England starting on
April 9, 2001. My last day in the Portland area will be March 31, 2001. I
enjoyed working with you and wish you the best of everything. My new address
will be:
Mary Hain
Senior Regulatory Counsel
ISO New England Inc.
One Sullivan Road
Holyoke, MA 01040-2841
(413) 535-4000
[email protected]
| 157,909 |
||
shackleton-s/nelson/408.
|
Cheryl Nelson ,
Good Afternoon!
Cheryl is leaving directly from her meeting at GSS to attend to a personal appointment. She will return to the office at her regularly scheduled time, tomorrow. Thanks,
Keegan
| 422,405 |
||
shankman-j/deleted_items/712.
|
OnePass Member continental.com Specials for jeff shankman ,
continental.com Specials for jeff shankman
Tuesday, November 20, 2001
****************************************
CONTINENTAL.COM SPECIALS
Continental Airlines wishes you a safe and Happy Thanksgiving. Due to the holiday, continental.com Specials will not be available this week.
OnePass members can register to earn up to 20,000 OnePass miles by purchasing your eTickets on continental.com - and that's in addition to your actual flight miles. Visit:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%2FA
for all the details and to purchase your eTickets today.
(Note: this offer does not apply to continental.com Specials fares.)
FRIENDS & FAMILY SALE
Continental makes it easy to get together with friends & family. Whether you're planning a quick visit or a holiday reunion, continental.com saves you time and money. We're offering 10% off select sale fares in North America & Europe when you book online through December 4, 2001.
Visit:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9-A
to purchase your eTickets today.
Travel Updates
Be sure to check continental.com at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%2CA
before leaving for the airport. We're looking forward to welcoming you onboard!
---------------------------------------
This e-mail message and its contents are copyrighted and are proprietary products of Continental Airlines, Inc. Any unauthorized use, reproduction, or transfer of the message or its content, in any medium, is strictly prohibited.
****************************************
If you need assistance please visit:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%28A
View our privacy policy at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%2BA
This e-mail was sent to: [email protected]
You registered with OnePass Number: PB185192
TO UNSUBSCRIBE:
We hope you will find continental.com Specials a valuable source of information. However, if you prefer not to take advantage of this opportunity, please let us know by visiting the continental.com Specials page on our web site at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9%29A
TO SUBSCRIBE:
Please visit the continental.com Specials page on our web site at:
http://continentalairlines.rsc01.net/servlet/cc3?%7C%7E1.%2C-9ulw%7Eqtr_z%7Ck1zqmpq1%7Cpr9K9*A
| 432,184 |
||
ward-k/all_documents/37.
|
SDG&E ,
Please talk to Tracy and see if we need to update the credit terms and then
send the latest SDG&E EEI Redline to Sharon Firooz, Tony Molnar and Jim Walsh
at SDG&E. Then follow up to see if we can get these issues resolved. Kim
will be handling the RFP response.
Thanks
C
Their e-mails are:
1. [email protected] tel: 858/650-6158
2. [email protected] tel: 619/699-5022
[email protected] tel: 619/696-4521
and
| 491,821 |
||
sager-e/inbox/958.
|
Regulation M-A ,
Attached hereto is a memorandum outlining the requirements of Regulation M-A with respect to communications regarding the Enron/Dynegy merger. In general, Regulation M-A requires that all written communications made by Enron that could be viewed as soliciting support for the merger and are sent to stockholders must be filed with the SEC on the date of first use and must contain the legend set out in the attached memo. This memo was distributed today to the attendees at Steve Kean's daily 10:30 meeting. If you have any questions concerning the attached, please contact me at ext. 33448 or Elizabeth Sager at ext. 36349. Thanks, Anne.
| 387,114 |
||
farmer-d/all_documents/657.
|
Re: Big Cowboy for August ,
Mary:
Is the issue below confirmed volumes versus actual flow? The large variance
between confirmed and actuals began in June 2000 where 30 MMBtu was scheduled
for Dix Ranch and zero for the Big Cowboy and Big Cowboy #2 wells. It
appears that the volumes for these wells were scheduled at Despain where
985,350 MMBtu was confirmed. This well has never flowed this much volume,
and in June 2000 it flowed approximately 320,000 MMBtu. Do we actually have
support (i.e we talked with someone or have a nom sheet) for the 985,350
MMBtu that was entered into MOPS as confirmed? This trend of "nothing" being
confirmed at these three wells continued until July 2000. In August 2000
this scenario changed and 612,388 was confirmed at Dix Ranch and nothing was
scheduled at the Big Cowboy and Big Cowboy #2 wells.
From reading your memo below it also appears that more volume is flowing at
these wells that we expected. If the issue is an actual increase in the
volumes flowing at these wells, I would suggest that you call our Gas
Measurement department and ask them to audit Coral's charts. Coral may be is
calculating the volumes incorrectly.
This could also be an allocations issue. The allocation as it is in the
System today closely agrees with the allocation statement that I receive
monthly from Karen Lambert at Tejas. The only differences between the Tejas
schedule and what is in MOPS are the Acock production and Gain or Loss which
are not scheduled and therefore not allocated. I know that you are working
on the Acock production and Tom Acton and I are working on the Gain/Loss.
Tom will tell me how to path the gas so that I can set up accounting
arrangements for April 1999 forward. Scheduling will have analyze and
possibly rework January through March 1999 because these months were
originally set up in POPS.
I want to help, so if I have missed the issue(s) would you please clarify it
or them for me and let me know if I need to do anything for you.
Thanks,
Fred
Tom Acton@ENRON
09/28/2000 08:10 AM
To: Fred Boas/HOU/ECT@ECT
cc:
Subject: Big Cowboy for August
---------------------- Forwarded by Tom Acton/Corp/Enron on 09/28/2000 08:09
AM ---------------------------
Mary Poorman
09/27/2000 03:56 PM
To: Daren J Farmer/HOU/ECT@ECT, Tom Acton/Corp/Enron@ENRON
cc: Clem Cernosek/HOU/ECT@ECT, Howard B Camp/HOU/ECT@ECT
Subject: Big Cowboy for August
Daren & Tom,
Beginning with August production, I noticed that Big Cowboy, into King Ranch
appeared to be flowing approximately 9M over the nomination/day. Per a
conversation I had with Fred Boas today, I discovered that two wells with
zero noms flowed a considerable volume.
They are as follows:
Rocher Big Cowboy (27002) - 42,000 approx.
Big Cowboy #2 (27003 - 84,000 approx.
Total flow: 126,000 MM's, more or less
I think that this may be part of the production increase which we are trying
to account for, in addition to the Acock production at the Briscoe well which
came on in August. Please let me know what you think. I would like to make
sure that we are capturing our purchases correctly for both accounting and
our economics.
Thank you,
Mary
| 103,480 |
||
scholtes-d/transmission/25.
|
OASIS Posting - Elimination of Non-Constrained Control ,
Please click on the attached icon or the Web address below to go to the most recent OASIS Posting.
If that doesn't work highlight and copy the address below, then paste it into the address line of your Web browser and hit "enter":
Information on BPAT's implementation of tariff terms and conditions and/or transmission marketing policy has been posted to:
http://www.transmission.bpa.gov/oasis/bpat/rfc/No_Post_LCA_ATC.doc
For questions or comments, please contact your Transmission Account Executive.
| 400,317 |
||
williams-j/deleted_items/38.
|
Mother may I? ,
[IMAGE] [IMAGE] Yes, you may!
[IMAGE] [IMAGE] [IMAGE] [IMAGE]
[IMAGE] Take one giant step into the season of fun-lovin' fashions and accents for your home. Because there's just no saying "No" to these fresh new colors and comfortable styles. Click the link below. http://www.coldwatercreek.com/jump.asp?linkid=1001&OfferCode=WHA0523 [IMAGE]
[IMAGE] [IMAGE] [IMAGE]
It's not too late to find the perfect gift for Mom. [IMAGE] [IMAGE]
Free Gift Boxing. Now till May 11th.
Coldwater Creek [IMAGE]
Your kind of clothes. Online. All the time.? www.coldwatercreek.com
Gallery at the Creek: http://www.galleryatthecreek.com/jump.asp?linkid=1&OfferCode=WHG0309 Discover one of the most extraordinary collections of fine jewelry and unique art objects ever gathered for the Web. Click www.galleryatthecreek.com Outlet @ the Creek: http://www.coldwatercreek.com/jump.asp?linkid=1019&OfferCode=WHA0523 [IMAGE] Special prices on clearance, closeout, and overstock items. Click here for the latest updates and exciting finds. Privacy, Security and Service: http://www.coldwatercreek.com/jump.asp?linkid=1100&OfferCode=WHA0523 At Coldwater Creek, earning and keeping your trust is the standard for everything we do.
[IMAGE] [IMAGE]
If you are unable to view the images in this e-mail, click the link below. http://www.coldwatercreek.com/jump.asp?linkid=1225&OfferCode=WHA0523 This e-mail was sent to [email protected]. If you would rather not receive future e-mails from Coldwater Creek, please reply to this message and type "remove" in the subject line. We will remove your name from our e-mail list. Call toll-free 800-510-2808 to speak with a customer service representative.
[IMAGE]
| 508,281 |
||
beck-s/all_documents/1377.
|
ASE Documention Available on Website ,
The website containing all of the documentation created at the ASE is now
available on our intranet. Instructions for launching the site are below.
This website contains the working documents created during the three day
DesignShop. It is organized chronolgically by the various activities we
completed during the event. Each section contains the assignment, team
lists, the hypertiles used during the team report-outs and a transcript of
the report outs. The Executive Summary document you should have already
received and a bibliography of the articles used during the External Scan are
also included.
As a participant, you may find these working documents to be helpful.
However, those who were not participants in the session do not have the
context within which the conversations and work were conducted. Therefore, I
encourage you to be prudent in the distribution of this information as it may
be misinterpreted.
If you have any questions, please contact me.
From Internet Explorer go to the SAP intranet site: http://sap.enron.com
Click on the link "SAP Secure Site" from the bottom of left menu.
Enter "aseoffsite" as the Username
Enter "designshop" as the Password Both username and password are case
sensitive
| 22,017 |
||
dasovich-j/all_documents/28156.
|
Re: ,
thank u.
| 61,250 |
||
kitchen-l/_americas/business_plans/11.
|
HPL in 2002 ,
Louise:
Some guidance on how you want to handle the ongoing HPL costs/reserve management for next year. Specifically, there will be a number of items that roll into next year that will have to be managed. I am going with the assumption that Jim will report into Wes and will be responsible for supporting this effort.
Question: Do you want me to assume: (i) that I have a seperate cost center for HPL and that has Jim's cost allocated to it, or (ii) should this whole effort just role up to Wes and then I can support it on an as needed basis?
I'm open to either, but my recommendation is to keep some commercial oversight over the settlement of the outstanding HPL issues. Because, if things start coming unglued, I'm sure I will get dragged back into it anyway.
Regards,
Brian
| 256,607 |
||
shackleton-s/all_documents/506.
|
Option Repurchase Agreement ,
Attached is a clean and blackline copy of the above-referenced document.
| 417,751 |
||
nemec-g/all_documents/4497.
|
Re: Calpine ,
Thanks for your help and quick response on those comments.
Greg Johnston
12/29/2000 10:45 AM
To: Gerald Nemec/HOU/ECT@ECT
cc:
Subject: Calpine
Gerald, I have just faxed to you the pages with a few last comments. They
relate to the change back to Calpine providing a non-renewal notice rather
than a renewal notice, because there were a couple of places where the
reference wasn't caught.
You should have it on your fax now.
Greg
| 345,856 |
||
jones-t/all_documents/9676.
|
Re: Talk to Joe Sutton on eSpeak Today! ,
Are we having a little problem or what? I am getting eSpeak announcements
from last year and the year before!
| 187,903 |
||
shackleton-s/sent_items/394.
|
RE: Notification Address ,
Please call. I don't understand your message.
-----Original Message-----
From: Dicarlo, Louis
Sent: Friday, February 15, 2002 10:12 AM
To: Shackleton, Sara
Subject: Notification Address
Please provide notification address for CPs who want to communicate in writing with Enron estate.
Thanks
Louis R. DiCarlo
ENA Gas Structuring
Phone: 713-345-4666
Email: [email protected]
| 426,278 |
||
griffith-j/all_documents/107.
|
Carr Futures: Data Update ,
(See attached file: FOMC Meeting.pdf)
Carr Futures
150 S. Wacker Dr., Suite 1500
Chicago, IL 60606 USA
Tel: 312-368-6149
Fax: 312-368-2281
[email protected]
http://www.carrfut.com
- FOMC Meeting.pdf
| 140,320 |
||
scholtes-d/diana_scholtes/saved_sent/119.
|
RE: Deal 713066.01 ,
sorry, I didn't respond completely. The 400 mwhs they see can't be since we cannot sell to them fixed price. I'm not sure what they are looking at?? Please let me know if you need anything further!!
Diana Scholtes
-----Original Message-----
From: Piwetz, Stephanie
Sent: Friday, August 03, 2001 11:24 AM
To: Scholtes, Diana
Subject: Deal 713066.01
Importance: High
Diana,
Please check: Portland General called regarding deal 713066.01 from 8/1/01
Enron sells PGE
8/2-8/2
1800-2000
1 mws
Portland shows
25 mws per hour for a total of 400 mws
price 56.50
Please let me know if there was another deal involved.
Thanks
Stephanie Piwetz
Enron Power Marketing, Inc
(713) 853-9210
(713) 646-2443 FAX
| 399,805 |
||
mann-k/all_documents/2082.
|
Enron Issues Letter ,
Carlos, can you look through this for NEPCO and get comments back? David is
out all week, and he cannot get his e-mail at least as of an hour ago.Thanks
----- Forwarded by John Schwartzenburg/ENRON_DEVELOPMENT on 11/27/2000 12:13
PM -----
Kay Mann@ENRON
11/27/2000 10:14 AM
To: Roseann Engeldorf/Corp/Enron@ENRON, John
Schwartzenburg/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, [email protected]
cc: Mitch Robinson/Corp/Enron@Enron
Subject: Enron Issues Letter
Hi there,
In resolving some issues with Westinghouse there was an agreement reached
concerning the disposition of the Blue Girl turbines, as well as certain
issues relating to the Gleason and Wheatland facilities. In connection with
this agreement I am forwarding to you a draft letter agreement concerning
resolution of these matters. As you can see, Westinghouse has requested that
NEPCO, EEPC and LJM2-Turbine, LLC sign the agreement.
Your comments would be appreciated.
Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 11/27/2000 10:08
AM ---------------------------
Enron North America Corp.
From: Mitch Robinson 11/22/2000 09:09 AM
To: Kay Mann/Corp/Enron@Enron
cc: Stuart Zisman/HOU/ECT@ECT, Don Miller/HOU/ECT@ECT
Subject: Enron Issues Letter
Some changes. Can you review and advise?
Mitch
---------------------- Forwarded by Mitch Robinson/Corp/Enron on 11/22/2000
09:08 AM ---------------------------
DeKrey Lynn <[email protected]> on 11/21/2000 10:42:05 AM
To: "'[email protected]'" <[email protected]>
cc: Monahan Bill <[email protected]>
Subject: Enron Issues Letter
Mitch
Attached are SWPC revisions to your proposed letter. Our contracts group
advised to add signatures for all affected parties to the agreement, in
addition to know parties for contracts on Gleason and Wheatland sites, we
have added parties identified in draft Blue Girl contract, Enron input as to
appropriate Enron signatures for the Blue Girl would be appreciated. Please
call with any concerns.
Regards
Lynn DeKrey
407 736 2823
<<Proposal to Resolve Issues on Enron - Rev by SWPC.doc>>
- Proposal to Resolve Issues on Enron - Rev by SWPC.doc
| 304,804 |
||
fossum-d/all_documents/911.
|
Max rate issue on TW ,
Steve and Lindy, as I mentioned in our staff meeting, it is probably not=20
going to be possible to solve our max rate cap dilemma by making a tariff=
=20
filing unless we can 1) get FERC to change its mind about its policy that=
=20
recourse rates always be available as an alternative to negotiated rates or=
=20
2) prove that Transwestern lacks market power and should therefore be allow=
ed=20
to charge market based rates.
The following is a very brief outline of what would be required to prove la=
ck=20
of market power. A warning: lack of market power is very difficult to=20
prove. Koch, a pipeline that most in the industry would agree does lack=20
market power, tried and failed. The deck is already stacked against us in=
=20
TW's case given the withholding of capacity by El Paso's affiliate and the=
=20
price conditions in California. However, we do need to analyze the=20
possibilities for TW, if not to the Cal. border, then on other parts of our=
=20
system. Additionally, we need to discuss acceptable incentives for shipper=
s=20
to pay negotiated rates if we do not end up changing our tariff.
Would you be availabile on Tuesday to discuss this? Please let me know. I=
n=20
the meantime, here is a summary of FERC's policy on market based rates.
***
To obtain authority to charge market based rates, TW would first have to=20
request a declaratory order, and in its application provide information=20
showing it meets the requirements outlined below. If the Commission finds=
=20
all requirements have been met, it will issue an order and TW would then ma=
ke=20
the appropriate tariff filing to put market based rates into effect.
=20
Application for declaratory order must include:
1. Detailed description of the services proposed for market-based rate=20
treatment. I assume in our case it would be firm transportation service.
2. A statement defining the relevant product and geographic markets=20
necessary for establishing the applicant lacks market power with respect to=
=20
the services at issue. The Commission requires a narrow definition of the=
=20
market=01("firm transportation" is probably narrow enough, but for our purp=
oses=20
we might want to narrow it down more (i.e., firm transportation East of=20
Thoreau). We have to define substitute services available to shippers=01(o=
ther=20
pipelines are a "good substitute" only if shippers can obtain the same=20
quality of service on a timely basis, and if the other pipelines offer such=
=20
service at a price that would deter TW from raising its prices more than=20
10%. All relevant "origin markets" must be defined (Panhandle; West Texas)=
=20
as well as "destination markets," and alternatives for shippers in those=20
markets identified. Transportation alternatives are only good alternatives=
=20
if they provide a netback to shippers that is roughly the same as if they=
=20
used TW. Note that the Commission has rejected capacity release as a good=
=20
alternative since it does not guarantee a shipper its desired contract=20
quantity.
3. Market share and HHI calculations; discussion of other relevant=20
competitive factors. Commission looks at size of market share, mitigating=
=20
factors such as ease of entry, and market concentration as measured by HHI.=
=20
Market concentration has to be calculated for each relevant receipt point a=
nd=20
delivery point. HHI is calculated by adding up the total market share and=
=20
squaring it. There is a presumption of no ease of entry for transportation=
=20
services because of the expense involved in constructing facilities.
4. Proposal for accounting for costs and revenues.
| 117,090 |
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