Tracy,
I need to know what the consolidated to Enron numbers are for ETS, PGG, and the other portions of Stan's world (if material), accrual-wise.  I'm not so concerned with the cash, but the EBIT impact bottom line to ENE.  Also, I need to know what part has been accrued YTD and how much more will be accrued in the 4th Q.
Thanks
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Wednesday, September 19, 2001 12:45 PM
To:	Schwarzbach, Stephen
Subject:	RE: URGENT REQUEST
Approximately $19mm related to bonuses.  However, that is not all consolidated to Enron.  This is cash payout not accural.  This is for ETS only.
-----Original Message-----
From: 	Schwarzbach, Stephen
Sent:	Tuesday, September 18, 2001 5:56 PM
To:	Killen, Faith; Geaccone, Tracy; Smith, Stephanie; Davoli, Jim; Tran, Agatha; Lee, Dana; West, Terry
Subject:	URGENT REQUEST
Hello everyone.  Management has begun to look toward the 4th quarter and is requesting certain information from each business unit.
I need to know, by 10:30am Wednesday:
a. Total bonus accrual for 2001
b. Amount of bonus accrual that is (or will be) accrued YTD through September 2001
c. Amount remaining to be accrued in 4th Qtr 2001
Additionally, each CAO* has been asked to compile a list of potential hurdles/challenges/clean-up items for the 4th Qtr. that will be discussed at an offsite this week.  You may want to touch base with them and make sure they are aware of this and come prepared.  I have sent a reminder message to them today also.
Thanks,
Steve
*with the exception of EGEP  (Jim call me if you want to discuss)
PS - Faith and Tracy - I'm assuming you guys will coordinate for wholesale and stan's world respectively.  If you'd like me to contact any group directly, let me know.


Tracy, our current forecast includes a gross bonus accrual of $13m for the
full year (Note that a portion of this amount is capitalize through our labor
loading process - about 33%).  This is significantly below our target level
for the year ($16.5m) and last year's actual payout of $16.7m.  We reduced
these amounts based on our lower that expected performance in Q3 that we've
been discussing.  Early this year we we're accruing at a maximum amount of
$17.6 since our forecasts looked better at the time.
Here' s the layout of how this falls by quarter in the forecast:
Q1 - $4.4
Q2 - $4.4
Q3 - $1.0 (forecast)
Q4 - $3.2 (forecast)
$13.0
Based on how Q4 results look, we will reassess our accrual levels at that
time.   Let me know if you have any questions.
>>> Geaccone, Tracy 09/19/01 10:46AM >>>
I only need bonus data. Don't worry about 4Q data today. Please send directly
to me.
Thanks
-----Original Message-----
From: Schwarzbach, Stephen
Sent:Tuesday, September 18, 2001 5:56 PM
To:Killen, Faith; Geaccone, Tracy; Smith, Stephanie; Davoli, Jim; Tran,
Agatha; Lee, Dana; West, Terry
Subject:URGENT REQUEST
Hello everyone. Management has begun to look toward the 4th quarter and is
requesting certain information from each business unit.
I need to know, by 10:30am Wednesday:
a. Total bonus accrual for 2001
b. Amount of bonus accrual that is (or will be) accrued YTD through September
2001
c. Amount remaining to be accrued in 4th Qtr 2001
Additionally, each CAO* has been asked to compile a list of potential
hurdles/challenges/clean-up items for the 4th Qtr. that will be discussed at
an offsite this week. You may want to touch base with them and make sure they
are aware of this and come prepared. I have sent a reminder message to them
today also.
Thanks,
Steve
*with the exception of EGEP (Jim call me if you want to discuss)
PS - Faith and Tracy - I'm assuming you guys will coordinate for wholesale and
stan's world respectively. If you'd like me to contact any group directly, let
me know.


FYI
-----Original Message-----
From: Stevens, Kirk
Sent: Wednesday, September 19, 2001 11:46 AM
To: Mayeux, Gay
Cc: Hayslett, Rod
Subject: RE: PGE Power Costs
Gay, here's the story and some numbers for the Q3 comparison.  Please remember
the context of our phone conversion this morning when looking at this.
Hopefully this helps Investor Relations put the story together for the
Earnings Release.
Power Cost Adjustment
We now expect to have an amount collectable from customers to record all Q3 of
$86m.  Since we we're basically at the deadband level at the end of Q2, we end
up eating our way through the deadband and up into the 90% collection band all
in Q3.  On a stand alone basis, we will incur  about $54m of net variable
power costs Q3 that we won't have any revenues for (but remember to keep this
in context for the entire 9-month period).  The following shows how this is
calculated:
Projected Net Variable Power Costs = $316m
Baseline for PCA = $176m
Difference Subject to PCA Collection = $140
Deadband  = $35m  (no collection)
50/50 band = $21m (collect $10.5m, no collection = $10.5)
90/10 band = $84m (collect $75.5m, no collection = $8.5)
The bands above = $140m ($35+21+84)
Collections = $86m ($10.5+75.5)
No Collection (PGE eats) = $54m ($35+10.5+8.5)
Again, without the PCA mechanism and no other price increase between 1/1/01
and 9/30/01, PGE would be $90m worse off.  As we discussed, before pulling our
request for a rate increase to be effective 1/1/01 (which was replaced with
the PCA mechanism), the latest amount being offered up by our PUC would have
been around a $90m increase for the 9-month period (although the evidence was
quickly moving towards no need for an increase, so we probably wouldn't have
got the rate increase, and without a PCA, would have been worse off today).
Quarter to Quarter Comparison - Margins
As we discussed, things were looking really good for us through Q2 2001, but
price caps and other factors in late Q2/early Q3 really dropped the price we
could sell our excess power for, and accordingly has dropped our margins.  In
addition, a slowing economy and customer energy efficiency measures have
resulted in significant reductions in our retail revenues compared to last
year.
Another point on the this year/last year quarter to quarter comparisons is
that we went into Q3 2000 with length purchased at fairly low/reasonable costs
over the prior year or so.  In Q3 2000, wholesale sales prices increased
dramatically (California market) so we made tremendous margins (above normal).
Going into Q3 2001, much of the power we purchased was at higher prices than
the previous year because of the higher wholesale power market operating over
the past year.  When price caps and other events dropped the bottom out of the
wholesale power prices, our margins on our power lenght dropped dramatically.
The PCA only picks up a power of this increase in net variable power costs, as
outlined above.  Also remember that we have a regulatory obligation to serve
our customers, so we have to go into a month with length in order to ensure we
can handle any potential load spikes or unplanned plant outages.  Any excess
power is sold in the wholesale market in the day-ahead or real-time markets.
Big story, price caps and lower retail revenues have really hurt us year to
year, but our new rate case effective 10/1/01 should get us back on track.
Gross Margin Comparisons
Based on our latest forecast, here's a breakdown of our gross margins on a
year to year comparison for Q3.  This gives you a high level look at the
impact the above events have had on our margins year to year ($94m decrease in
gross margin).
Q3 2000                 Q3 2001
Retail Revenues                    $257m                   $250m
Wholesale Revenues               466m                    571m
Other Revenues                            5m                       5m
Variable Power Costs                523m                    715m
Gross Margin                           $205m                  $111m
Let me know if you have questions
>>> "Mayeux, Gay"
09/19/01 05:43AM >>>
I will try again.  Mine shows an attachment.
Look at the very bottom of the email.  Thanks!
_________________________
Gay Mayeux
Vice President, Investor Relations
Enron Corp.
1400 Smith Street, EB 4931a
Houston, Texas 77002
Phone:  713-853-9905
Cell:      713-416-8821
Fax:      713-646-3002
email:    gay.mayeux@enron.com
-----Original Message-----
From: Kirk Stevens
Sent: Tuesday, September 18, 2001 6:45 PM
To: Mayeux, Gay
Subject: Re: PGE Power Costs
Gay, there wasn't an attachment
>>> "Mayeux, Gay"
09/18/01 03:24PM >>>
Attached is my attempt to summarize the PGE power cost issue.  Please
call me to discuss.  I have no pride of authorship - just want to make
sure it is simple as possible while still being correct.  I will be here
until about 6:30 my time.  Thanks!
_________________________
Gay Mayeux
Vice President, Investor Relations
Enron Corp.
1400 Smith Street, EB 4931a
Houston, Texas 77002
Phone:  713-853-9905
Cell:      713-416-8821
Fax:      713-646-3002
email:    gay.mayeux@enron.com
**********************************************************************
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 enron.messaging.administration@enron.com 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.
**********************************************************************


Please review the attached agreement for the Big Sandy Interconnect.  It is very standard.  It is reimbursable.  It has a few blanks that have to be filled in for certain dates that we (or Caithness) don't know just at this time with respect to receiving regulatory approval, in-service date, etc.  Caithness wants this agreement for their prospective equity partners to review for content.
Teb, Lee and Ron, this agreement has not changed since you have last seen it, but I just wanted you to give it one more look.
I would like to email to Kirk (Caithness) tomorrow afternoon.
Thanks, Kim.


Tracy, FYI, I already provided a list of Q4 challenges/hurdles to Rod a couple
of days ago.  Let me know if you need a copy.
>>> Geaccone, Tracy 09/19/01 10:46AM >>>
I only need bonus data. Don't worry about 4Q data today. Please send directly
to me.
Thanks
-----Original Message-----
From: Schwarzbach, Stephen
Sent:Tuesday, September 18, 2001 5:56 PM
To:Killen, Faith; Geaccone, Tracy; Smith, Stephanie; Davoli, Jim; Tran,
Agatha; Lee, Dana; West, Terry
Subject:URGENT REQUEST
Hello everyone. Management has begun to look toward the 4th quarter and is
requesting certain information from each business unit.
I need to know, by 10:30am Wednesday:
a. Total bonus accrual for 2001
b. Amount of bonus accrual that is (or will be) accrued YTD through September
2001
c. Amount remaining to be accrued in 4th Qtr 2001
Additionally, each CAO* has been asked to compile a list of potential
hurdles/challenges/clean-up items for the 4th Qtr. that will be discussed at
an offsite this week. You may want to touch base with them and make sure they
are aware of this and come prepared. I have sent a reminder message to them
today also.
Thanks,
Steve
*with the exception of EGEP (Jim call me if you want to discuss)
PS - Faith and Tracy - I'm assuming you guys will coordinate for wholesale and
stan's world respectively. If you'd like me to contact any group directly, let
me know.


Tracy,
There is a team in Enron Wholesale Services Human Resources which is dedicated to PEP/PRC design and administration.  The Human Resources charge of $200K to ETS is an allocation of the PEP/PRC team's cost.
Gary
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Wednesday, September 19, 2001 6:32 PM
To:	Leschber, Edie; Smith, Gary
Cc:	Botello, Mary
Subject:	RE: ENA Allocations to Othe BUs - Plan 2002
I need to understand what services you are providing and to what group within ETS.
Thanks
Tracy Geaccone
-----Original Message-----
From: 	Leschber, Edie
Sent:	Wednesday, September 19, 2001 3:42 PM
To:	Geaccone, Tracy; Smith, Gary
Subject:	ENA Allocations to Othe BUs - Plan 2002
Attached please find a schedule of planned allocations from ENA to other Business units.  Please review those allocations to your business unit (ETS) and provide positive confirmation of your agreement.
Thank you,
Edie Leschber
ENA Financial Operations
X30669
>


Tracy,
A portion of the $200k cost is for an EWS team which does Mergers, Aquisitions, and Divestitures(MAD) work.  ETS' allocated cost is approximately $50K for the MAD team but we will only pay for actual charges in 2002 if we use the team.
Gary
-----Original Message-----
From: 	Smith, Gary
Sent:	Thursday, September 20, 2001 7:57 AM
To:	Geaccone, Tracy
Cc:	Leschber, Edie
Subject:	RE: ENA Allocations to Othe BUs - Plan 2002
Tracy,
There is a team in Enron Wholesale Services Human Resources which is dedicated to PEP/PRC design and administration.  The Human Resources charge of $200K to ETS is an allocation of the PEP/PRC team's cost.
Gary
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Wednesday, September 19, 2001 6:32 PM
To:	Leschber, Edie; Smith, Gary
Cc:	Botello, Mary
Subject:	RE: ENA Allocations to Othe BUs - Plan 2002
I need to understand what services you are providing and to what group within ETS.
Thanks
Tracy Geaccone
-----Original Message-----
From: 	Leschber, Edie
Sent:	Wednesday, September 19, 2001 3:42 PM
To:	Geaccone, Tracy; Smith, Gary
Subject:	ENA Allocations to Othe BUs - Plan 2002
Attached please find a schedule of planned allocations from ENA to other Business units.  Please review those allocations to your business unit (ETS) and provide positive confirmation of your agreement.
Thank you,
Edie Leschber
ENA Financial Operations
X30669
>


fyi...
-----Original Message-----
From: 	Terech, Henry
Sent:	Wednesday, August 01, 2001 5:27 PM
To:	Daily, Pamela
Cc:	Akhave, Billie; Soyal, Tara
Subject:	ETS Remodel Budget-Y2002
Pam-
The following is a summary of estimated costs for the remodel and occupancy of Levels 39-46 in ECN. These are present estimates and ETS would receive formal, hard budgets at project inception and only be charged actual costs:
Construction:  $3,500,000
Design:  $350,000
Churn: $250,000
Furniture:  $1,150,000
Contingency: $250,000
Total:  $5,500,000
Please feel free to set a meeting time with Tara should you want to discuss details.
Regards-
Henry


Houston Attendees:
Please convene in Conference Room 791 for the meeting to discuss ETS Risk Management Activities.  This videoconference is scheduled for Monday, October 1, 1:00 - 3:00 p.m.  If you have not yet responded to the meeting invitation (sent on September 19), please do so at your earliest convenience.
Please let me know if you have any questions or require additional information.
Thanks, everyone.
Dee Svatos
(402) 398-7877


FYI - If this request is approved, the reclassification/reporting of AFUDC Equity within Other Income-Other should result in an additional $700K to IBIT for 2001 (NNG $500K, TW $200K).
-----Original Message-----
From: 	Joe, Allen
Sent:	Thursday, September 20, 2001 10:43 AM
To:	Kleb, Steve
Subject:	FW: Remapping AFUDC
fyi
-----Original Message-----
From: 	Joe, Allen
Sent:	Thursday, September 20, 2001 10:40 AM
To:	Leo, Johnson; Safford, Cynthia
Cc:	Walters Jr., Harry; Chandler, Bob; McEllin, David; Santellan, Dan; Studzinski, Betty; Dimacali, Aurora; Schlender, Greg; Miller, Robert; Ivey, Hoyt
Subject:	Remapping AFUDC
Request to remap the below two SAP accounts for AFUDC equity from hyperion account 1755 (Other Deduction-Interest Capitalized)
to hyperion 1690 (Other Income -Other)               Effective: for SEPTEMBER 2001 Close.
SAP Accounts      Description                             From: Current Mapping              To: New Mapping
59900900     AFUDC Equity Settlement                1755_59900900                     1690_59900900
69010000     AFUDC Equity                                 1755_69010000                     1690_69010000
AFUDC equity (SAP accounts 59900900-AFUDC equity settlement and 69010000-AFUDC equity) map to Hyperion 1755-interest capitalized.  The only companies using these two SAP accounts as of July and the YTD credit balances in each of them are companies 141-$531,155, 179-$328,270, 413-$12,681 (debit), 536-$3,066,408, 60-$91,391 and 62-$290,438.
In conclusion I have reviewed the proposed remapping with representatives of the various ETS companies and they confirmed the remapping would not present any problems to them.
PS.   Pls notify me or Hoyt Ivey when change is made in Corp Hyperion so he can remap same accounts in EOC hyperion.


Per our telephone conversations, property tax information for the budget process is only needed for the calendar years 2001 and 2002.
In order to complete the property tax portion of this process and provide the cash flow analysis for Northern Natural Gas Company and Transwestern Pipeline Company, the Property Tax Department needs the following information for the calendar year 2001:
(1) Net Utility Operating Income (Net Income before Interest & Taxes)
(2) Capital Expenditures (Income Enhancement/Marketing Projects only): preferably by state, if not; total by company
In order to provide the required information in a timely manner, please forward the aforementioned information to my attention as soon as it becomes available. If you have any other questions or comments, please advise.
Robert W. Tilotta
Enron Corp.
1400 Smith Street
Property Tax Department
Suite JFR 531B
Houston, Texas 77002-7361
Telephone: (713) 853-7995
FAX: (713) 646-3456
e-mail: Robert.Tilotta@enron.com


Tracy
Per our conversation earlier this week, EOTT's projection for 2002 Net Income is $26.9 million.  My understanding is that this is all that will be required from us in connection with the 2002 Plan process at Enron.  Please advise if this is not correct..  I'll be out of the office next week.  If anything further is required, during that time, please contact John as soon as possible.
Given the internet problems we've had lately, please acknowledge receipt of this email by sending me a reply.  Thanks
Karl


Hello, Sharron!
Sorry it has taken me so long to reply.   Attached is our list of employees who will be attending the Lay/Whalley/Frevert Budget Review Meeting on November 8 from 1:00 to 3:00PM (EGAS and Azurix will be covered) and then from 3:00 to 5:00PM (ETS, Portland and EREC will be covered).
Let me know if you have any questions or concerns.
Thanks,
Cindy
-----Original Message-----
From: 	Westbrook, Sharron
Sent:	Wednesday, September 12, 2001 4:11 PM
To:	Adams, Jennifer; Beck, Sally; Blackwood, Connie; Bowen Jr., Raymond; Brown, Michael - COO London; Bryan, Jennifer; Burns, Jennifer; Campos, Kathy; Castleman, Kent; Chapman, Kay; Colwell, Wes; Costello, Lisa; Cox, David; Daw, Nicki; Delainey, David; Dietrich, Janet; Dyson, Fernley; Fallon, Jim; Ferrari, Kerry; Fleming, Rosalee; Ford, Sue; Frevert, Mark; Hayslett, Rod; Hillis, Kimberly; Hinojosa, Esmeralda; Horton, Stanley; Hughes, James A.; Kitchen, Louise; Lavorato, John; Leff, Dan; Marshall, Lucy; Mcconnell, Mike; McMahon, Jeffrey; Phillips, Cathy; Pickering, Mark; Piper, Greg; Price, Brent A.; Rapacioli, Marisa; Reyes, Sonnia; Schiller, Marsha; Schoppe, Tammie; Scott, Nicole; Shankman, Jeffrey A.; Sherriff, John; Sommers, Jeffrey E.; Spiller, Tina; Stark, Cindy; Stubblefield, Wade; Valdez, Christina; Villanueva, Chantelle; Weldon, Kim; Whalley, Greg
Subject:
The following Budget Review Meetings have been set with Ken Lay, Greg Whalley and Mark Frevert.  Please confirm your attendance and send a list of attendees for your respective meetings.
Oct. 22	1:00 - 3:00	Enron North America
Oct. 24	8:30 - 10:30	Enron Europe
Oct. 24	10:30 - 12:30	Enron Global Markets/Industrial Markets
Nov. 5	1:00 - 3:00	EBS/ Other Wholesale
Nov. 5	3:00 - 5:00	Enron Energy Services
Nov. 8	1:00 - 3:00	EGAS
Nov. 8	3:00 - 5:00	ETS PGE
All meetings are currently scheduled in 50M Dining
North America
John Lavorato
Louise Kitchen
Wes Colwell
Europe			(Kerry, does this meeting need to be a video conference?)
John Sherriff
Michael Brown
Fernley Dyson
Global Markets/Industrial Markets
Mike McConnell
Jeff Shankman
Brent Price
Jeff McMahon
Ray Bowen
Kent Castleman
EBS & Other EWS
Jim Fallon
David Cox
Wes Colwell
Greg Piper
Sally Beck
Mark Pickering
EES
Dave Delainey
Janet Dietrich
Wade Stubblefield
EGAS
Stan Horton
Jim Hughes
Jeff Sommers
ETS & PGE
Stan Horton
Rod Hayslett


Enron is pleased to announce our partnership with the PacWest Racing Team for the 2001 Texaco/Havoline Grand Prix.
As part of its sponsorship, Enron has secured discounted race tickets exclusively for Enron  employees and family members.  Discounted tickets for the Grand Prix will be available through  beginning Monday, September 24 through Thursday, September 27 at 5 PM.  The race will be held in downtown Houston on October 5-7.
We also are holding a contest to give you a chance to win terrific Grand Prix prizes including a ride in the official pace car to start the Saturday qualifying race; the chance to serve as an honorary pit-crew member; a special autograph gift package; VIP hospitality packages and much more.
Simply drop your business card (one card per employee, please) in the box next to the Enron/PacWest Race Car located in the Enron Building lobby.
The car will be displayed from September 24-28.  Winners will be notified on Monday, October 1.
Good luck and we'll see you at the race.


Dear Tracy Geaccone:
There was a problem with your recent online bill payment to Wells Fargo Home Mortgage. Your payment for loan number 4778250 for $2,678.70 scheduled for payment on 09/14/2001 was returned.
Your business is important to us and we understand that there may be extenuating circumstances that caused a problem with your payment. Please contact our Online Service Center at 1-800-357-6675 for assistance. You may also visit the web site at  for an e-mail link to our Online Service Center. We will respond within 24 hours.
Sincerely,
Wells Fargo Home Mortgage
Online Service Center


This is what I didn't have on friday am.
-----Original Message-----
From: 	Fossum, Drew
Sent:	Thursday, September 20, 2001 4:09 PM
To:	Horton, Stanley; Hayslett, Rod; McCarty, Danny
Cc:	Harris, Steven; Miller, Mary Kay; Porter, Gregory J.; Pavlou, Maria; 'cmoore@akingump.com'; 'rnuschler@akingump.com'; 'fkelly@gbmdc.com'; 'sstojic@gbmdc.com'; Hartsoe, Joe; Kilmer III, Robert; Watson, Kimberly; Corman, Shelley
Subject:	FW: Agenda for TW Meeting:  PRIVILEGED AND CONFIDENTIAL, ATTORNEY CLIENT PRIVILEGE
Stan, Rod and Danny:  following is an outline of the issues I'd like to cover tomorrow.  The last point is the most important, so we can blow through the preliminaries as fast (or slow) as is appropriate.
1.  Current Status of Proceeding
--Briefing is complete
--minor skirmishing on page limit and Staff motion to strike still going on (argument set for 9-28)
--ALJ decision still expected on or around 10-15
2.  Primary Issues
--TW's tariff and posting procedures are confusing, complex, inconsistent, and allow TW too much discretion
--TW gave Sempra and Richardson unfair advance notice of the capacity availability (preposting conversations)
--TW withheld operational capacity and agreed to make it available only to shippers who agreed to favorable deals with TW
--TW offered negotiated terms and conditions in exchange for the shippers' agreement to pay high rates
--The Sempra and Richardson deals are irrational and must have been the product of market power or unfairness
3.  The Political Climate
--FERC is now coming after PG&E GT NW, on facts that look worse than ours (customers claim they weren't offered the recourse rate).   That case is set for hearing with a decision within 120 days.  Staff raised one new issue:  misuse of alternate delivery point rights.
--Prices continue to abate, with some in California declaring the energy crisis over
4. Likely Litigation Outcome
--Little or no chance of a complete win
--No party proposed refunds or unwinding of the deals as a remedy, but ALJ could recommend it
--No party proposed elimination of TW's negotiated rate authority, but ALJ could recommend it
--Some additional changes in tariff and posting procedures almost certain
--ALJ likely to defer difficult decisions on refunds and negotiated rate policy to the Commission
5.  Settlement Recommendation
--Staff has initiated discussions; ball is in our court to make a specific proposal
--Recommend proposal to Staff that includes some or all of the following points:
*limited moratorium for next heating season on additional index-index contracts on operational capacity
*future operational capacity sales all done through interactive open season
*new posting and capacity allocation procedures in the tariff, with most discretion eliminated
*TW makes many of the tariff and posting changes advocated by Indicated Shippers (i.e., pro rata allocation)
*TW offers to upgrade the EBB to a "fully interactive, next generation EBB" as soon as operationally feasible
--TW and Staff will try to get all interested parties on board after general framework nailed down.


Please review and get back to me asap.
Rod Hayslett
EB4054
713-853-6178


The payment is a non-discretionary obligation for NNG.  I am only suggesting we change the timing of the payment.  In terms of the 2001 3rd Current Estimate, there would be an upside.
I'm not sure why we can't afford it since we have been talking about a much larger base gas purchase transaction.  Has the cash/earnings outlook changed?
.
-----Original Message-----
From: 	Hayslett, Rod
Sent:	Monday, September 24, 2001 6:40 AM
To:	Saunders, James; Gilbert, Steve
Cc:	Cobb Jr., John; Geaccone, Tracy
Subject:	RE: NNG/Utilcorp $100,000 a month Reserve
Biggest problem is I can't afford to pay out the $1.2 mm.    Need to avoid, unless someone can show me a good cash return on the incremental investment of $.5 MM.
-----Original Message-----
From: 	Saunders, James
Sent:	Friday, September 21, 2001 4:02 PM
To:	Gilbert, Steve; Hayslett, Rod
Cc:	Cobb Jr., John
Subject:	RE: NNG/Utilcorp $100,000 a month Reserve
Rod - fy your review
Recommendation appears earnings management versus business event driven
-----Original Message-----
From: 	Gilbert, Steve
Sent:	Friday, September 21, 2001 2:45 PM
To:	Fancler, Dan; Jones, Dana
Cc:	Neubauer, Dave; Chandler, Bob; Cobb Jr., John; Saunders, James; Lagerstrom, Karen
Subject:	RE: NNG/Utilcorp $100,000 a month Reserve
I have looked at the Utilicorp reserve, spoken with the Marketing account manager and would like to propose the following:
Facts:
?	As of August 2001, there is $1.0 million in the reserve account.
?	The contractual obligation to pay UCU $1.2 million for 2001 can be offset by a $.7million "credit" for value given to UCU by NNG Marketing during the year. Thus the amount to be paid to UCU in October would be $.5 million.
?	The Third Current Estimate now assumes a $.6 million payment..  Reserves are not needed to meet Third Current Estimate.
?	UCU has expressed an interest in banking the $.7million credit from 2001 to 2002
Recommendation:
?	Defer $.7 million 2001 credit to 2002 - (negotiate time value appropriately)
?	Pay $1.2 million in October 2001(4th quarter)
?	Reverse $1.0 reserve in September (3rd quarter), as it is not longer needed to meet Third Current Estimate.
?	Upside from 3rd Current Estimate 2001 is $.4million. (for the year).
?	No further reserve entries are necessary going forward.
$ Millions	Third CE  2001	Proposal 2001	Plan 2002	Proposal 2002
Payment	     -1.2	   -1.2	   -1.2	     -1.2
Credit	        .6	       0	     .6	       -.7
Sub Total 	      -.6	   -1.2	    -.6	          0
Reserve Reversal	.	    1.0	      0
Net 	      .-.6	   -.2	   -.6	         -.5
Results:
?	$1.0 million upside to Third Current Estimate for the month of September.
?	-$.6 million downside to Third Current Estimate for the month of October.
?	$.4 million upside to Third Current Estimate for the year.
?	Shift $.7 million value from 2001 to 2002 for a $.1 upside in 2002.
Steve Gilbert
-----Original Message-----
From: 	Fancler, Dan
Sent:	Tuesday, September 18, 2001 1:41 PM
To:	Jones, Dana; Gilbert, Steve
Cc:	Chandler, Bob; Cobb Jr., John; Saunders, James
Subject:	NNG/Utilcorp $100,000 a month Reserve
Following up on the income statement meeting concerning the Utilicorp Contract and Reserve provisions.  Finance would like a better estimate of the liability due Utilicorp under this contract.  There is currently a $1,000,000 liability set up at the end of August.
Dan


Frank has just noted that there is one exception (NNG/TW) to the rates on the attached schedule.  In the case of CIAC paid to others, the intent is to amortize it over
the life of the contract and if there is no contract, it would default to 10%.
-----Original Message-----
From: 	Studzinski, Betty
Sent:	Friday, August 03, 2001 1:39 PM
To:	Geaccone, Tracy
Cc:	Cobb Jr., John
Subject:	FW: ETS Depreciation Rates
This file has been updated for NBPL rates.
-----Original Message-----
From: 	Studzinski, Betty
Sent:	Friday, August 03, 2001 11:22 AM
To:	Geaccone, Tracy
Cc:	Cobb Jr., John; Bayles, Timothy; Carriere, Frank
Subject:	ETS Depreciation Rates
Per your request:


-----Original Message-----
From: 	Wadle, Susan
Sent:	Friday, September 21, 2001 12:39 PM
To:	Kilmer III, Robert; Lokey, Teb; Lindberg, Lorraine; Lokay, Michelle; Watson, Kimberly; McConnell, Mark; Y'Barbo, Paul; Lohman, TK; Pryor, Tony; Harris, Steven
Cc:	Robertson, Audrey; Paschal, Zelda
Subject:	FW: Sun Devil project
Sorry, I packed up my calendar and got the wrong date.  Tuesday the 25th.
-----Original Message-----
From: 	Wadle, Susan
Sent:	Friday, September 21, 2001 10:53 AM
To:	Kilmer III, Robert; Lokey, Teb; Lindberg, Lorraine; Lokay, Michelle; Watson, Kimberly; McConnell, Mark; Y'Barbo, Paul; Lohman, TK; Pryor, Tony; Harris, Steven
Cc:	Robertson, Audrey; Paschal, Zelda
Subject:	Sun Devil project
The meeting has been set for Tuesday morning (September 24) at 9:00 in conference room EB1336.  The meeting should last an hour.


Tracy,
Only the Ad Val and Tax Compliance groups intend to charge clean fuels.  If Methanol is the only thing left and it is Corporate, then the charges would stay on the Corp. tax cost centers instead of being charged to ETS.  Thanks for your information.  This will not change your 2002 allocations since I had not included the Clean Fuels charges.
Dawn
-----Original Message-----
From: Geaccone, Tracy
Sent: Tuesday, September 25, 2001 2:23 PM
To: Derr, Dawn
Subject: RE: EOTT budget
Clean Fuels was comprised of three companies.  The MTBE plant and the Mt Belvieu storage and grid were sold to EOTT this year.  Enron kept the Methanol and has shut it down.  I guess I need to understand exactly what they are doing for which company.  The Methanol plant actually rolls up to Corp and other, so allocating costs to them will be a hit to Corp.
-----Original Message-----
From: Derr, Dawn
Sent: Thursday, September 20, 2001 8:29 AM
To: Geaccone, Tracy
Subject: FW: EOTT budget
Tracy,
Any decision on the question of billing Clean Fuels?
Dawn
-----Original Message-----
From: Derr, Dawn
Sent: Monday, September 17, 2001 10:47 AM
To: Geaccone, Tracy
Subject: FW: EOTT budget
Tracy,
We have several cost centers in Tax that wish to allocate to Clean Fuels.  How do you want us to handle these assuming that they should not go to EOTT?
Dawn
-----Original Message-----
From: Rice, Greek
Sent: Sunday, September 16, 2001 6:12 PM
To: Derr, Dawn
Subject: RE: EOTT budget
Dawn:  Only assets were sold to EOTT.  The legal entities still remain with Enron.  The $30,000 cost represents clean fuel companies and Methnol.
Greek
-----Original Message-----
From: Derr, Dawn
Sent: Fri 9/14/2001 8:24 AM
To: Rice, Greek
Cc:
Subject: RE: EOTT budget
Greek,
Our understanding is that Clean Fuels has been sold to EOTT and so I included the Clean Fuels allocation in with EOTT's number.
Dawn
-----Original Message-----
From:   Rice, Greek
Sent:   Thursday, September 13, 2001 4:42 PM
To:     Derr, Dawn
Subject:        EOTT budget
Dawn:  Laura Mattox of EOTT called inquiring about her tax charge(CC14502) of $79,000 which is 3 times more than last year.  My records show a charge of $49,000 to EOTT.  Can you help me explain the $30,000 difference?
Thanks,
Greek


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The warehouse contains data from SAP that can be easily accessed for business reporting.  It currently has Cost Center and Project Systems information.  AP, AR, & Earnings information will be added in a few weeks.  Cash data will be available at the end of this year.  Additional information is available at
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FYI
-----Original Message-----
From: 	Cilia, Mary
Sent:	Monday, September 24, 2001 9:13 PM
To:	'lori.maddox@eott.comm'; 'lawrence.clayton@eott.com'; Hayslett, Rod
Cc:	Patrick, Michael K.; Lawyer, Larry
Subject:	Project Timber EOTT Accounting Memo
Lori -
Sorry I didn't get this to you earlier today, but I was hung up on Enron 3rd qtr deals all weekend and didn't get a chance to work on it until tonight.  I did check it for consistency with Andersen's documentation and everything is consistent.  FYI - I promised Andersen that I would return their original documentation without retaining or distributing any copies, so I will not have their documentation in any company files.  Let me know if you have any questions (713-853-7046).  Thanks.
Mary


Just an FYI
-----Original Message-----
From: 	Farmer, Stanley
Sent:	Monday, September 24, 2001 9:42 AM
To:	Pierce, Jody; Allen, Melissa; Stubblefield, Wade; Sommers, Jeffrey E.; Lindholm, Tod A.; Hayslett, Rod
Cc:	Faldyn, Rodney
Subject:	FW: Goodwill Allocation Memorandum
See message below.  I have also included Appendix A referenced in the memorandum that includes the summary of goodwill as of June 30, 2001.
-----Original Message-----
From: 	Farmer, Stanley
Sent:	Friday, September 21, 2001 4:24 PM
To:	Causey, Richard; Colwell, Wes; Butts, Bob; Faldyn, Rodney
Cc:	Morrison, Mike
Subject:	Goodwill Allocation Memorandum
Everyone,
Attached below is the memorandum we are preparing to document Enron's position on assignment of goodwill to reporting units pursuant to the adoption of SFAS 142.  For the sake of expediency, the appendicies referenced in the memorandum have not been included for review at this time.
Please review and provide your comments back to Mike Morrison or me by next Monday afternoon if possible.
We look forward to your input.
Thanks,
Stan


Per your request we have checked the MMF calculation data for NNG/TW/FGT/Trailblazer to Hyperion and/or SAP as appropriate.  Data checks out.
However, I asked Mary to provide me a copy of the prior year calculation.  It appears that the NNG and TW Fair Value Adjustment companies were included in the calculation this year, but were excluded last year.  A ballpark estimate is that the ETS MMF factor would drop by .1% if the NNG/TW fair value companies were excluded as they were last year.   That would mean a factor of 19.0% rather than 19.1%.
Please call me when you want to discuss IMP.  I'm not sure exactly what you're looking for so trying to answer by e-mail probably wouldn't be very productive.


See the attachment below for an explanation of the $195,323 charge to ETS.  Sheet 2 of the attachment provides an analysis of intercompany billings (2001 Forecast and 2002 Plan).  Sheet 3 shows what services the allocation covers (i.e., MAD and PEP).  Call me if you have questions.
Gary
-----Original Message-----
From: 	Jones, Robert W.- HR Exec
Sent:	Wednesday, September 26, 2001 9:20 AM
To:	Smith, Gary
Subject:	FW: Revised Allocations from ENA to BUs - 2002 Plan
-----Original Message-----
From: 	Leschber, Edie
Sent:	Wednesday, September 26, 2001 9:06 AM
To:	Jones, Robert W.- HR Exec
Cc:	Oxley, David
Subject:	RE: Revised Allocations from ENA to BUs - 2002 Plan
The $195, 323 is correct.  A new allocations worksheet will go out later this week or early next week as there are still a lot of moving targets.  I have attached our latest information including the two page template for your OOC presentation with Louise and the allocations worksheet as well.  Please let me know if you would like to discuss.  I know that your meeting is scheduled for Friday.
Thanks,
Edie
-----Original Message-----
From: 	Jones, Robert W.- HR Exec
Sent:	Monday, September 24, 2001 2:49 PM
To:	Leschber, Edie
Subject:	FW: Revised Allocations from ENA to BUs - 2002 Plan
Edie,
The ETS numbers ($199,060) don't seem to agree with the detail sheet ($195,323)?
Thanks,
Robert
-----Original Message-----
From: 	Smith, Gary
Sent:	Monday, September 24, 2001 9:53 AM
To:	Jones, Robert W.- HR Exec
Subject:	FW: Revised Allocations from ENA to BUs - 2002 Plan
Here you go.
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Monday, September 24, 2001 9:04 AM
To:	Smith, Gary
Subject:	FW: Revised Allocations from ENA to BUs - 2002 Plan
What is Robert Jones doing for us?
-----Original Message-----
From: 	Leschber, Edie
Sent:	Thursday, September 20, 2001 10:55 AM
To:	West, Terry; Smith, Jeff E.; Talley, Darin; Cockrell, Rainier; Galvan, Michael S.; Spoede, Amy; Smith, Kirk; Vargas, Hope; Ruffer, Mary lynne; Roquemore, Tobey; Moryl, Heidi; Wood, Stephen; Copeland, Erin; Tran, Agatha; Pierce, Jody; Free, Darryl S.; Geaccone, Tracy; Moryl, Heidi
Cc:	Killen, Faith
Subject:	FW: Revised Allocations from ENA to BUs - 2002 Plan
Attached is the ENA Allocations Schedule with Revised HR numbers.  In addition, I have once again included a separate file with further support schedules for the various Support Departments.  Please note that the most efficient way to resolve any disagreement with any of the allocations is to contact the Support Department contact directly.  I have included those persons' names on the 2002 Schedule.  I will be happy to assist in answering any questions that I can, but am unable to revise the allocations without a request from that person.
All alloctions will be made based on actuals during 2002.  Actuals will either be assessed on a monthly basis or potentially trued up on a quarterly basis.
>
>
Thanks,
Edie Leschber
X30669
-----Original Message-----
From: 	Leschber, Edie
Sent:	Wednesday, September 19, 2001 5:28 PM
To:	West, Terry; Smith, Jeff E.; Talley, Darin; Cockrell, Rainier; Galvan, Michael S.; Spoede, Amy; Smith, Kirk; Vargas, Hope; Ruffer, Mary lynne; Roquemore, Tobey; Moryl, Heidi; Wood, Stephen; Copeland, Erin; Tran, Agatha; Pierce, Jody; Free, Darryl S.
Subject:	FW: Revised Allocations from ENA to BUs - 2002 Plan
Please be advised that our HR group has requested a subsequent change and this will once again result in a revision of the HR allocations.
Thanks,
Edie
-----Original Message-----
From: 	Leschber, Edie
Sent:	Wednesday, September 19, 2001 2:53 PM
To:	West, Terry; Smith, Jeff E.; Talley, Darin; Cockrell, Rainier; Galvan, Michael S.; Spoede, Amy; Smith, Kirk; Vargas, Hope; Ruffer, Mary lynne; Roquemore, Tobey; Moryl, Heidi; Wood, Stephen; Copeland, Erin; Tran, Agatha; Pierce, Jody; Free, Darryl S.
Cc:	Killen, Faith
Subject:	Revised Allocations from ENA to BUs - 2002 Plan
Attached please find an updated Allocations schedule from ENA for 2002 Plan.  Please note that the considerable increase in many of the allocations is caused by the decision to include an allocation of bonuses for each support department.  These bonus numbers are based on historical data and are calculated at a high level.  Bonuses were not allocated in the prior year and therefore will cause a considerable variance year on year.
Please contact me with any questions you may have or additional information you may need so that we can resolve any issues in an efficient manner.  After resolution of questions, please provide me your final agreement on these numbers via e:mail.
Thanks,
Edie
>


FYI.   Please prepare.
-----Original Message-----
From: 	Horton, Stanley
Sent:	Friday, July 27, 2001 8:08 AM
To:	Hayslett, Rod
Subject:	RE: Current Estimate Review for ETS Companies
I wanted to give Causey a heads up on our 2nd current estimate especially the major variance in PGE.  I understand we narrowed the variance but have not received infor on how.  Could you just have a one page schedule which lists for ETS, EW, PGE, Clean Fuels and Wessex the 3rd quarter forecast per the 2nd current estimate versus the last current estimate or plan and the 3rd quarter of last year with a variance explanation?
-----Original Message-----
From: 	Hayslett, Rod
Sent:	Thursday, July 26, 2001 4:58 PM
To:	Horton, Stanley
Subject:	FW: Current Estimate Review for ETS Companies
This is a meeting that I think you asked Tracy for.    Do you know what you want to cover?
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Wednesday, July 18, 2001 4:38 PM
To:	Butts, Bob
Cc:	Hayslett, Rod
Subject:	FW: Current Estimate Review for ETS Companies
FYI
-----Original Message-----
From: 	Campos, Kathy
Sent:	Wednesday, July 18, 2001 4:07 PM
To:	Horton, Stanley; Hayslett, Rod; Causey, Richard; Geaccone, Tracy
Cc:	Stark, Cindy; Westbrook, Sharron
Subject:	Current Estimate Review for ETS Companies
This is to confirm meeting to review Current Estimate for ETS companies on Tuesday, July 31, 2001 in EB5020 from 4:00 - 5:00 PM.
Thank You,
Kathy Campos


Everyone included it in the Corp. costs in the original budget.  I'm still unclear where it is in the restated.
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Saturday, August 04, 2001 12:51 PM
To:	Botello, Mary
Subject:	FW: ETS 2002 Service Award Estimates
We need to include these in our budgets.  I have asked Elaine where they were last year.  Did we ever find out where the EDS Tilt was budgeted last year?
-----Original Message-----
From: 	Hutcherson, Leesa
Sent:	Friday, August 03, 2001 3:18 PM
To:	Geaccone, Tracy
Cc:	Domke, Jana
Subject:	ETS 2002 Service Award Estimates
ETS Service Awards estimated spending for 2002 is as follows:
Company	Cost	Count
1195	 $          9,934.58 	          41
1202	 $          9,565.86 	          19
584	 $          1,914.01 	            4
548	 $          4,193.37 	          24
366	 $        10,817.83 	          26
179	 $      132,818.39 	        159
172	 $        16,055.93 	          50
85	 $          3,115.28 	            6
62	 $        35,335.79 	          49
60	 $        24,748.57 	          34
404	 $            352.19 	            3
$      248,851.78 	        415
Please let me know if you have any questions, or if the numbers look out of line.  Thanks.


Attached is a file that Cheryl and I developed concerning the Corporate MMF and Direct Charges budget that we have received to date.  We have to send out a partnership budget on Monday, October 1 and would like to get a good handle on which of these charges will be eliminated or reduced substantially at the Friday meeting.  Since we are unsure of the benefit that many of these charges provide to us, it is doubtful that the partnership would approve all of these increases so we don't want to send out a budget that has them in it.
It is our understanding that you want our questions directed to your group so that you can address corporate planning yourselves.  Please let us know if you need any additional clarification about our questions.
Ben


FYI.   Current thinking all in.
-----Original Message-----
From: 	Cilia, Mary
Sent:	Wednesday, September 26, 2001 1:33 PM
To:	Goodrow, Alicia; Bowes, Bill; Hayslett, Rod
Subject:	Revised Gain


FYI
-----Original Message-----
From: 	Cilia, Mary
Sent:	Wednesday, September 26, 2001 2:45 PM
To:	Hayslett, Rod; Goodrow, Alicia; Bowes, Bill
Cc:	Patrick, Michael K.; Coulter, Jodi; Pernot, Catherine
Subject:	EOTT Gain Calculation
Based on discussions with Bill, there are deferred taxes already recorded on the books for the difference between the book basis and the tax basis in the common units, sub units and APIs.  Therefore, there is no punitive tax expense created in the 3rd quarter by executing the 140 transaction.  The book tax calculations will be just the effective tax rate (approximately 37%) multiplied by the pre-tax book gain.  Accordingly, the tax expense will not result in a non-recurring loss on the sale.  The net gain will be approximately $6 million prior to the effects of the EGM MTM income.  Let me know if you have any questions.  Thanks.
Mary


When: Friday, September 28, 2001 1:00 PM-3:00 PM (GMT-06:00) Central Time (US & Canada).
Where: EB39C1 and OMA3C1
*~*~*~*~*~*~*~*~*~*


fyi
-----Original Message-----
From: Stark, Cindy
Sent: Wednesday, September 26, 2001 7:29 PM
To: Taylor, Liz M.
Cc: Hayslett, Rod
Subject: RE: Next Scheduled Budget Meeting - 10/16 @ 11:00 a.m. EB32C2
Importance: High
Hello, Liz!   Stan will be on his way to DC on 10-16, so Rod Hayslett (our CFO)  will attend in Stan's behalf.
Thanks,
Cindy
-----Original Message-----
From: Taylor, Liz M.
Sent: Wed 9/26/2001 2:04 PM
To: Blackwood, Connie; Brown, Michael - COO London; Causey, Richard; Chapman, Kay; Colwell, Wes; Delainey, David; Fallon, Jim; Ferrari, Kerry; Ford, Sue; Hillis, Kimberly; Horton, Stanley; Hughes, James A.; Killen, Faith; Lavorato, John; Marshall, Lucy; Mcconnell, Mike; McMahon, Jeffrey; Phillips, Cathy; Piper, Greg; Rapacioli, Marisa; Sherriff, John; Spiller, Tina; Stark, Cindy; Taylor, Liz M.; Tijerina, Shirley; Westbrook, Sharron
Cc:
Subject: Next Scheduled Budget Meeting - 10/16 @ 11:00 a.m. EB32C2
Beginning, Tuesday, Oct. 16 @ 11:00 a.m. in EB32C2 (London @ 5:00 p.m. in RM NE5003) we will resume the weekly "Whalley Budget Meetings."  If you are unable to attend, please notify me and advise me of the name of your representative.
Many Thanks,
Liz Taylor
Exec. Assistant to Greg Whalley
Office of the Chairman
Enron Corporation
Tel.   713.853.1935
Fax   713.853.1838


FYI
-----Original Message-----
From: 	Butler, Janet
Sent:	Wednesday, September 26, 2001 4:35 PM
To:	Alvarez, Ray; Bagot, Nancy; Benner, Martha; Benson, Eric; Blair, Lynn; Boatman, Jack; Bradley, Rob; Branney, Theresa; Brennan, Lorna; Briggs, Tom; Butler, Janet; Comnes, Alan; Cordes, Bill; Corman, Shelley; Culwell, Christi; Daniel, Shonnie; Darveaux, Mary; Dietz, Rick; Dornan, Dari; Dushinske, John; Farrell, Sharon; Fossum, Drew; Fulton, Donna; Goodpasture, John; Hammond, Pearce; Harris, Steven; Hartsoe, Joe; Hass, Glen; Hayes, Robert; Hayslett, Rod; Heckerman, Bambi; Hess, Theresa; Hill, Robert; Holmes, Bradley; Holtzman, Staci; Hopkins, Tamara; Horton, Stanley; Huber, Lee; Janousek, Martha; January, Steven; Kean, Steven J.; Kilmer III, Robert; King Jr., Frazier; Kirk, Steve; Kissner, Tim; Lantefield, Laura; Lawrence, Linda L.; Lichtenwalter, Blair; Linnell, Elizabeth; Loeffler, Michael; Lokey, Teb; Lowry, Phil; Mann, Ruth; Mara, Susan; Martens, Donna; McCoppin, Dorothy; McGowan, Mike W.; Miller, Mary Kay; Miller, Terri; Nacey, Sheila; Nelson, Kimberly (ETS); Neppl, Ray; Neubauer, Dave; Neufeld, Eva; Neustaedter, Robert; Nicolay, Christi L.; Novosel, Sarah; Paladino, Ranelle; Palmer, Maureen; Paschal, Zelda; Patterson, Geneva; Pavlou, Maria; Petersen, Keith; Place, Janet; Porter, Gregory J.; Pribble, Dan; Pryor, Tony; Raker, Colleen; Rice, Randy; Ringblom, Kathy; Robertson, Linda; Saunders, James; Sawyer, Lisa; Scott, Donna; Shafer, John; Shapiro, Richard; Smith, Mike; Soldano, Louis; Stanton, Lon; Steffes, James D.; Sullivan, Kathleen; Talcott, Jim; Taylor, Gina; Tu, Denis; Van Norden, Mike; Veatch, Stephen; Vignaroli, Donald; Warner, Jody; Watson, Kimberly; Wilkie, Kim; Wilson, Rob; Winckowski, Michele; Wininger, James; Yoho, Lisa
Subject:	Commission Meeting
Attached are two press releases from FERC announcing the new marketing affiliate proposed rule that was voted out today and the directives for FERC outlined in their strategic plan.
We will have a summary of the meeting available early tomorrow morning.


Comments?
-----Original Message-----
From: 	Cilia, Mary
Sent:	Wednesday, September 26, 2001 4:17 PM
To:	'john.t.vickers@us.andersen.com'; 'patricia.s.grutzmacher@us.andersen.com'; 'thomas.h.bauer@us.andersen.com'; 'jennifer.l.muse@us.andersen.com'
Cc:	Patrick, Michael K.; Price, Brent A.; Hayslett, Rod; Faldyn, Rodney
Subject:	Project Timber Final Memo


Dear Tracy Geaccone:
This is a reminder to pay your Wells Fargo Home Mortgage online bill. It is
now 5 days before your due date.  If you have already scheduled your payment
please disregard this message.  You may view scheduled payments by selecting
the payment history bar when accessing your online account.
Your online bill is available for viewing and payment at
Thank you for choosing our online bills service.
Sincerely,
Wells Fargo Home Mortgage
Online Service Center


CONFIDENTIAL - FOR DISCUSSION ONLY
Attached is a list Jennifer, Bob, John and I prepared for yesterday's pm meeting -but were unable to discuss.
It's based on analysis of 8/31/01 balance sheets ("converted" to favorable(unfavorable) income statement presentation).
It shows key reserves AND deferred expenses/assets we're monitoring.
(FYI- the reserves track closely with Tracy's listing)


FYI
-----Original Message-----
From: 	Butler, Janet
Sent:	Thursday, September 27, 2001 9:12 AM
To:	Bagot, Nancy; Benner, Martha; Blair, Lynn; Boatman, Jack; Butler, Janet; Cordes, Bill; Corman, Shelley; Culwell, Christi; Daniel, Shonnie; Darveaux, Mary; Dietz, Rick; Dornan, Dari; Dushinske, John; Farrell, Sharon; Fossum, Drew; Fulton, Donna; Goodpasture, John; Harris, Steven; Hartsoe, Joe; Hass, Glen; Hayes, Robert; Hayslett, Rod; Heckerman, Bambi; Hess, Theresa; Hill, Robert; Holmes, Bradley; Holtzman, Staci; Horton, Stanley; Janousek, Martha; January, Steven; Kilmer III, Robert; King Jr., Frazier; Kirk, Steve; Kissner, Tim; Lantefield, Laura; Lichtenwalter, Blair; Loeffler, Michael; Lowry, Phil; Mann, Ruth; Martens, Donna; McCoppin, Dorothy; McGowan, Mike W.; Miller, Mary Kay; Nacey, Sheila; Nelson, Kimberly (ETS); Neppl, Ray; Neubauer, Dave; Neufeld, Eva; Novosel, Sarah; Paladino, Ranelle; Paschal, Zelda; Patterson, Geneva; Pavlou, Maria; Petersen, Keith; Place, Janet; Porter, Gregory J.; Pribble, Dan; Pryor, Tony; Raker, Colleen; Rice, Randy; Ringblom, Kathy; Saunders, James; Sawyer, Lisa; Scott, Donna; Soldano, Louis; Stanton, Lon; Talcott, Jim; Taylor, Gina; Tu, Denis; Van Norden, Mike; Veatch, Stephen; Vignaroli, Donald; Warner, Jody; Watson, Kimberly; Wilkie, Kim; Wilson, Rob; Winckowski, Michele
Subject:	Summary of Commission Meeting
The Commission meeting yesterday, chaired by Pat Wood, consisted of discussions on FERC's:
Administrative Issues
?	Strategic and 2002 Business Plan
Priorities for the strategic plan for 2001 through 2005 were outlined yesterday and include a) promoting secure, high-quality environmentally responsible energy infrastructure with consistent policies; b) encouraging competitive markets in lieu of traditional regulation; c) protection of markets/customers through fair market oversight; and d) efficiently running FERC. In reaching these goals, FERC intends several initiatives such as removing impediments to market investment, encouraging use of new technology; continuing to advance competitive markets; addressing landowner, safety and environmental concerns and striving for clarity not only in specific areas such as cost recovery but also in communications to stakeholders. Shortly, Staff will be recommending a twelve-month plan as part of the overall strategic plan.
?	Infrastructure Adequacy
There will be a series of open commission meetings held throughout the U.S. beginning in November in the West; in December or early spring a meeting will be held in the northeast and later in 2002 for the Midwest and south. The intent is to reach out to the states for greater cohesion.
?	California Infrastructure Update
Staff concluded that the California natural gas market for take-away capacity was insufficient to accept delivery of all interstate capacity. The California Energy Commission released a report on September 24 that agrees that more expansion in California is needed.
Constraint Study
FERC will complete a constraint study with associated costs that should be completed by November 7, 2001. Staff cited constraints in central New York state and California. Massey asked if the study was to provide solutions or recommendations. It is a study to identify the constrained areas and the resulting costs to consumers.
RTO
FERC is imposing additional "incentives" to encourage the formation or joining in RTOs. The Midwest, Northeast and Southeast RTOs will be considered at a FERC meeting in October. There will be a series of meetings in "RTO week" to focus on congestion management, cost recovery, marketing monitoring, transmission planning, reliability standards and transmission rights. A NOPR is expected to be issued on market design and structure.
Marketing Affiliate NOPR, RM01-10
The Notice of Propose Rulemaking would apply one set of rules across both natural gas pipelines and electric utilities. Under the proposal, transmission providers must operate independently and treat all customers on a nondiscriminatory basis.  The rules would be codified in a new section of the regulations and would broaden the definition of affiliate to include all "energy affiliates."  The only exception noted in the discussion was the exclusion of Regional Transmission Organizations (RTOs) from the definition of energy affiliates.
The Commission was presented two options to address the applicability of the rule to public utilities' native load merchant functions.
Option A:  Status Quo - the rule would not apply to the bundled retail merchant function.
Option B:  The rule applies to the bundled retail merchant function and would prohibit merchant employees from having access to the control room of the utility.
After extensive discussion, the NOPR was approved 4-0 with additional language added on behalf of Commissioner Breathitt to state that Option B may not be included in the final rule and encourage comments by affected parties and the States.
Massey questioned whether the NOPR is primarily focusing on broadening the definition of "energy" affiliate and whether there are any energy-type affiliates that would be exempt. Staff responded that the emphasis is on broadening the definition to include all "energy affiliates" and no energy-type marketing affiliates would be exempt, except RTO's.
The proposed rule extents the current prohibition against disclosing certain information to all "energy affiliates".  The rules do not directly govern energy affiliates, but they govern the disclosure of information and the separation of transmission employees, officers and directors from other businesses.
Under the proposal, waivers may be requested, if operationally required or under emergency protocols particularly for small systems.
Gas Pipeline Operational Flow
FERC has tabled this item for the next public meeting on October 11.


Please find attached updated files. Page 8 for each company includes cash flow items which aren't  a part of earnings, but would still be needed provided balance sheet / cash flow reports. All capex is included in Operations at this time until further breakout is made available.


Attached are the definitions NNG has been using for the 2002 Plan  (Contracted, Uncontracted, Identified Stretch, Unidentified Stretch)
Let me know if you need to discuss.


Tracy, Dan and I visited briefly this morning and we are willing to meet with you next week
to further explain the inputs into the Gas Accounting process for TW.  If Thursday morning will
work for you we will see what we can pull together.
-----Original Message-----
From: 	Geaccone, Tracy
Sent:	Thursday, September 27, 2001 4:01 PM
To:	Cobb Jr., John
Subject:	FW: TW Daily Balance 09/27/01
this is the report I was referring yesterday.
-----Original Message-----
From: 	Powers, Ken
Sent:	Thursday, September 27, 2001 2:50 PM
To:	Doll, Jeanette; Donoho, Lindy; Fancler, Dan; Geaccone, Tracy; Harris, Steven; Lindberg, Lorraine; Lohman, TK; Lokay, Michelle; McConnell, Mark; Moore, Jan; Moseley, Debbie; Schoolcraft, Darrell; Watson, Kimberly; Y'Barbo, Paul
Subject:	TW Daily Balance 09/27/01
Please see attached.
Call me if you have any questions.
Ken Powers
(402) 398-7065


ETS is developing a web-based Emergency Response Information (ERI) system to provide access to employee contact information including work phone, home phone, cell phone, fax number and pager numbers. To facilitate and manage the collection of personal contact data, a new field has been added to eHRonline. Beginning Monday, October 1, all ETS employees will be prompted to either ACCEPT or DECLINE publication of personal data (i.e., home phone number) when first entering the eHRonline system. All ETS employees should access the eHRonline system at their first opportunity to respond to this new request.
While certain positions within ETS mandate disclosure of personal contact data (i.e., home phone number) for emergency response purposes, in other cases disclosure of this information is at the discretion of the employees. If you are an ETS Operations employee and do not want your home phone number published, please contact your Director prior to electing not to publish your personal contact information.
To access eHRonline, go to the ETS HRWeb link:  and select eHRonline. Employees must enter their SAP Personnel Number and Password to enter the system.  If you do not know your SAP Personnel Number or Password, please contact the Integrated Solutions Center at (713)-345-4727.


The mighty Tornados will play on Saturday, Sept.29 at 10:00 on field 6.  Be
there at 9:45 for warmup.  Thanks.
_________________________________________________________________
Get your FREE download of MSN Explorer at


Cindy,
The attendees from EEOS to the review with Stan, on Friday, Oct. 5th from 3:00 - 5:00p.m, are:
Brian Stanley, Keith Dodson, Blake Walker, and myself.
The meeting is to be held at EB5029.
Erin x67916


The attached file has July 2001 and September 2001 analyzed.
I have compared the TW Balance Report to Actuals for July 2001 (see attached spreadsheet) and feel that the Fuel Retention numbers are good.  The Fuel Burned numbers are generally too low due to missing 3-days of actuals and some fuel meters are inputted only once a month and will be missing from the balance report.  However, when you use Ken's report just estimate the fuel numbers 25% higher and you will be OK.
The remaining volumes (Retention less Fuel less Sales) will equal imbalances and UAF.  Ken's report (area under construction) needs work to solve the imbalance question and we can discuss this next week.  He will be in Houston Monday and Tuesday.
Also, I want to make one thing clear.  Sales go to the bottom line, however if your selling imbalance gas received from a customer or line pack you will have an expense offset that also goes to the bottom line.   Conversely, if you are repaying (giving) gas to a customer you will have an expense credit that goes to the bottom line.  Over-retained gas (Retention less Fuel less UAF) is the only bottom line amount.  You can sell the gas outright or sell it to the customers imbalance or linepack.  If you sell it to linepack or volume valued imbalances, you will have taken on commodity risk.  We can discuss TW's risk profile next week.
Dan
-----Original Message-----
From: 	Powers, Ken
Sent:	Tuesday, July 31, 2001 2:00 PM
To:	Doll, Jeanette; Donoho, Lindy; Fancler, Dan; Geaccone, Tracy; Harris, Steven; Moore, Jan; Schoolcraft, Darrell; Watson, Kimberly
Subject:	TW Daily Balance Report
Please see attached.
Call me if you have any questions.
Ken Powers
(402) 398-7065


FYI
-----Original Message-----
From: 	Butler, Janet
Sent:	Friday, September 28, 2001 11:25 AM
To:	Bagot, Nancy; Benner, Martha; Blair, Lynn; Boatman, Jack; Butler, Janet; Cordes, Bill; Corman, Shelley; Culwell, Christi; Daniel, Shonnie; Darveaux, Mary; Dietz, Rick; Dornan, Dari; Dushinske, John; Farrell, Sharon; Fossum, Drew; Fulton, Donna; Goodpasture, John; Harris, Steven; Hartsoe, Joe; Hass, Glen; Hayes, Robert; Hayslett, Rod; Heckerman, Bambi; Hess, Theresa; Hill, Robert; Holmes, Bradley; Holtzman, Staci; Horton, Stanley; Janousek, Martha; January, Steven; Kilmer III, Robert; King Jr., Frazier; Kirk, Steve; Kissner, Tim; Lantefield, Laura; Lichtenwalter, Blair; Loeffler, Michael; Lowry, Phil; Mann, Ruth; Martens, Donna; McCoppin, Dorothy; McGowan, Mike W.; Miller, Mary Kay; Nacey, Sheila; Nelson, Kimberly (ETS); Neppl, Ray; Neubauer, Dave; Neufeld, Eva; Novosel, Sarah; Paladino, Ranelle; Paschal, Zelda; Patterson, Geneva; Pavlou, Maria; Petersen, Keith; Place, Janet; Porter, Gregory J.; Pribble, Dan; Pryor, Tony; Raker, Colleen; Rice, Randy; Ringblom, Kathy; Saunders, James; Sawyer, Lisa; Scott, Donna; Soldano, Louis; Stanton, Lon; Talcott, Jim; Taylor, Gina; Tu, Denis; Van Norden, Mike; Veatch, Stephen; Vignaroli, Donald; Warner, Jody; Watson, Kimberly; Wilkie, Kim; Wilson, Rob; Winckowski, Michele
Subject:	Energy Affiliate Notice of Proposed Rulemaking
Attached is a summary of the Notice of Proposed Rulemaking proposing changes to the marketing affiliate rules to include all energy affiliates and setting the same standards of conduct for both the natural gas and electric industries.


FYI
-----Original Message-----
From: 	May, Kevin
Sent:	Friday, September 28, 2001 4:15 PM
To:	Leschber, Edie; Hodges, Georganne; Killen, Faith; Cockrell, Rainier; Castleman, Kent; McAshan, Letty; Myers, Thomas; Price, Brent A.; Andrews, David; Harris, Paula; Smith, Kirk; Salinas, Johnny; Stubblefield, Wade; Collier, Rob; Weitekamp, James; Geaccone, Tracy; Barnes, Caroline; Schwarzbach, Stephen; Lindsey, Mark E.; Derr, Dawn; Lane, Suzanne; Allen, Melissa; Selzer, Howard; Akhave, Billie; Donovan, Bill; Erwin, Jill; Copeland, Erin; Marlow, Keith; Pritt, Deborah; Lambert, Chris; Tran, Joanne; Sommers, Jeffrey E.; Tran, Agatha; Coates, Kim; Vargas, Hope; Voinis, Kristi; Hunter, Todd; Ruffer, Mary lynne; West, Terry
Cc:	Rub, Jenny; Waterman, Kenneth; Galvan, Michael S.; Roper, Kerry
Subject:	2002 Plan Headcount for ENW
One of the drivers for IT Infrastructure's allocation methodology is headcount.  At this time, Enron Net Works would like to verify 2002 plan headcount for your business units.  I have attached the 2002 headcount template that was completed for Corporate back in June.  Please update this template to reflect your latest 2002 headcount information.
The deadline to return this information to me is by the end of the day, Tuesday, October 2nd.  If you have any questions, please call.
Thanks,
Kevin
x52508


GREAT NEWS !!!!
The second iteration of functional testing for Project Sunrise AR_AP and Earnings products successfully completed.  Users have signed off on the products and production loads are underway.
A number of users representing ENW, ENA, EES, ETS, EGM, and EBS participated in user testing; and more than 200 users have requested access to the data warehouse.  See business unit stats below.
EGM London Settlements	11
EGM Houston Settlements	10
ENA Houston Energy Operations	81
ENA Canada Accounting	5
EES Receivables Management	7
Enron Direct, Canada	3
Global Strategic Sourcing	22
EIM Mid Office Operations	20
EBS Trading Support	2
ETS Marketing, Accounting, Credit	33
ENW Financial Operations	20
Another round of thanks to everyone - technical developers, report developers, analysts, DBA, business analysts, ISC consultants, SMEs, business unit coordinators, and product managers -  who labored to deliver analysis and reporting tools that will greatly impact the everyday lives of Enron employees.   Great job team!!!!
Get ready,
Get set,
and stay tuned for the go.... message that will be delivered to data warehouse users on Monday.
Regards,
Pamela


Hi Tracy,
earlier this week you mentioned you might email out earnings targets
this week.  I have not yet received them from you.  I will be on
vacation all next week, so if the targets are set or you have any
information to forward us, please copy Dee and he will reply to you or
route the information as needed.
Have a nice weekend, jb
------------------- TEXT.htm follows -------------------
Hi Tracy,
earlier this week you mentioned you might email out earnings
targets this week.  I have not yet received them from you.  I will be
on vacation all next week, so if the targets are set or you have any information
to forward us, please copy Dee and he will reply to you or route the information
as needed.

Have a nice weekend, jb


I am pleased to announce that Jana Domke has accepted the position of Director, Compensation for Enron Transportation Services, effective August 1, 2001.
Jana started with Enron in May, 2000 and most recently has been Director of Compensation & Benefits for Enron Wind.  Prior to joining Enron, Jana was a Practice Leader with PricewaterhouseCoopers, and Director, International Compensation & Benefits for Smith International.  Jana has 19 years of experience in both domestic and international compensation and benefits.
Jana received her M.B.A. from the University of Houston.  She also has a Bachelors Degree from U of H in Organizational Behavior & Management.
Jana can be reached at (713) 853-6329 and her office location is EB1156.  The ETS Compensation staff, including Jana's direct reports, can be viewed on the attached organization chart.
Please join me in welcoming Jana to the ETS team.


F.Y.I.
-----Original Message-----
From: webmaster@cera.com
Sent: Friday, September 28, 2001 9:06 PM
To: clients@cera.com
Subject: Western Energy--Power and Gas Prices and Volatility Expected to
Fall - CERA Monthly Briefing
Title: Demand, Prices to Follow Trajectory of the Economy
URL(s):

***********************************************************************
WESTERN ENERGY--POWER AND GAS PRICES AND VOLATILITY EXPECTED TO FALL
CERA expects a weaker US economy to be one of the outcomes of the tragic events
on September 11, 2001, which will further reduce the demand for gas and power.
Spot prices for natural gas and power already reflect this expectation, and
CERA's outlook anticipates continued price weakness.
*  As new supplies continue to arrive over the next year, even as demand
weakens, the West will have more than adequate supplies of gas and power.
*  This surplus supply situation will put additional downward pressure on
prices.
*  The shift from supply tightness to the recent plunge in prices can be traced
principally to the rapid decline in demand for both gas and power this year,
while supplies grew.
**end**
Follow above URL for complete report (9 printed pages).
E-mail Category: Monthly Briefing
CERA Knowledge Area(s): Western Energy
***********************************************************************
***********************************************************************
CERA's Autumn 2001 Roundtable event dates and agendas
are now available at
***********************************************************************
To make changes to your cera.com profile go to:

Forgot your username and password? Go to:

This electronic message and attachments, if any, contain information
from Cambridge Energy Research Associates, Inc. (CERA) which is
confidential and may be privileged. Unauthorized disclosure, copying,
distribution or use of the contents of this message or any attachments,
in whole or in part, is strictly prohibited.
Terms of Use:
Questions/Comments: webmaster@cera.com
Copyright 2001. Cambridge Energy Research Associates


Yes we do.  We were thinking the week of the 15th.  Can you find us a time?
Tracy Geaccone/ENRON@enronXgate 10/01/01 10:07 AM 	   To: Michael Anderson/HOU/AZURIX@AZURIX  cc:   Subject: Azurix 2002 Plan Review
Rod mentioned to me last week that we would only review Wessex on Wednesday.  Do we need to schedule something for the rest of Azurix?
Thanks
Tracy


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FYI
-----Original Message-----
From: 	Cilia, Mary
Sent:	Monday, October 01, 2001 9:03 AM
To:	'thomas.h.bauer@us.andersen.com'; 'patricia.s.grutzmacher@us.andersen.com'; 'kate.e.agnew@us.andersen.com'
Cc:	Patrick, Michael K.; Price, Brent A.; Hayslett, Rod; Walden, Clint
Subject:	Project Nikita Memo
Tom, Patty and Kate -
Please review at your earliest convenience and let me know if you have any comments before I post in our database.  Thanks.
Mary


Tracy,
I will be out next Monday, October 8th.  Please let me know if you have any concerns.
Hoang Vo


The latest from a discussion with Rod, Mary Kay and Dave N. this morning:
FA&A will carry the depreciation - targets may be adjusted for yr to yr increase
IMP and FAS 106 will  be carried at FA&A ,Potential offsets to yr to yr increases are yet to be  determined.
Thus, the above items will not be put into the NNG Commercial Adaytum model.


FYI
-----Original Message-----
From: Stevens, Kirk
Sent: Monday, October 01, 2001 2:45 PM
To: Butts, Bob; Hayslett, Rod
Cc: Piro, Jim
Subject: PGG Q3 Forecast - Confidential
Quick update on our Q3 earnings (still very prelim).
3rd Current Estimate:
IBIT = (2.7)
NI    = (1.3)
Latest Forecast:
IBIT = (9.1)
NI   = 1.7
Major variance - TOLI loss for the month is expected to be $9.5m, or $6.5m
worse than our 3rd Current Estimate.  The recent sharp decline in the stock
market is the driver (post Sept 11 market impact).
Without the additional TOLI loss, we'd be right on our 3rd Current Estimate.
Major Risks - AA&Co. Issues
The following issues are currently being reviewed and challenged (to different
degrees) by AA&Co Portland (note- Houston AA&Co - Duncan -has been updated on
these items by Tim McCann - AA&Co Portland).  Our forecast numbers above
assume positive outcome on all these issues.  We will continue to hold our
ground, feeling our positions are appropriate.  But since several of these
have no direct impact on PGE stand-alone reporting, Houston (you) have better
leverage getting these through the AA&Co staff in Houston that may question
our treatment.
TOLI Deferred Tax Reserve - $9m
PGE proposes to reverse this reserve established Q4 1999 (at the date of the
Sierra Sale announcement) since the deal with Sierra was terminated, and since
we now feel recording this type of reserve is more appropriate at the time of
an actual transfer of the TOLI assets to Enron under any future sale of PGE.
AA&Co is fighting this one hard, Greek Rice has been made aware of this.
Pension Credit Capitalization - $5m (YTD 9/30 true-up)
PGE proposes that we no longer capitalize our FAS 87 pension credit since our
rates assume zero pension costs for ratemaking purposes.  AA&Co. is using a
FAS 87 implementation issue to say we still need to capitalize the credit, and
possibly set up a FAS 71 reg asset (although they're still somewhat pushing no
change to our current accounting, ie just keep capitalizing the pension
credit).
Merger MOU Obligation - PVC - $5.7m
Since our new ratecase allows recovery of the remaining costs for this
committment made as part of the Enron purchase of PGE, we believe the
remaining liability set up in purchase accounting on PVC's books can be
reversed.  AA&Co. feels we still have an obligation to perform the MOU
committments (which we do), but we feel that our original estimate of this
cost at the time of the PGE/Enron merger has now been reduced as a result of
the ratemaking treatment, so it should be reduced to zero.  AA&Co. prefers
that we bring the liability down over time as we fullfill the committment,
letting earnings effect come in over time.
Severance Reserves - PGH1 ($2.7m) and PVC ($3.5m)
At the time of the Enron purchase of PGE, severance reserves were set up for
an anticipate number of involuntary terminations expected to occur within the
first few years of the merger.  Over time, actual severance payments made to
PGH or PGE employees have been reversed out of these reserves.  At this point,
no future terminations are contemplated which relate to the initial merger
conditions/environment.  Accordingly we plan to reverse these balances to
income Q3.
At this point, AA&Co. thinks we should consider taking these back against
goodwill (which we feel goes against Purchase Accounting guidance).
Litigation Reserve - PGH1 ($2.1m)
PGC and it's subsidiaries had numerous legal issues outstanding at the merger
date (eg. Columbia Steel, Trojan Recovery, City of Burbank Contract,
Bonneville Pacific).   A reserve of $5 million was established in purchase
accounting for any legal/litigation and settlement costs incurred by PGC and
subsidiaries to defend itself in these types of claims/proceedings.  The
reserve also was to cover any litigation filed post merger directly related to
the merger.
Since the merger date, we have reversed actual costs incurred for these types
of activities in the amount of $2.9 million, leaving a remaining reserve
balance at 9/30/01 of $2.1 million.
At this time, all legal claims outstanding at the merger date have been
settled satisfactorily where no material contingency exists.    Accordingly,
we will reverse the remaining balance in Q3 2001.
Again, AA&Co has indicated that we had over estimated the original cost of
these activities in purchase accounting, and that we should now reverse the
difference back through goodwill (again, we think this is a misapplication of
purchase accounting since we are well outside the orginal 1-2 year window for
adjusting goodwill).
There are a few other items we're debating with AA&Co (in the range of $4m to
6m), and I'll let you know if any of these start to look at risk.
Let me know if you have any questions on these items (503) 464-7121.


Wessex Data - in USD millions and US GAAP


Get ready.  Beginning in November, electronic pay stubs will be available to all employees who have their paychecks direct deposited into their bank account.  Electronic pay stubs are an easy, fast, and efficient way for you to get your payroll information.  They will also help Enron to realize a considerable savings in time and dollars spent over traditional printed pay stubs.
If you prefer to receive a hardcopy of your pay stub, click on the link below to complete a request form.  This form must be submitted to Payroll by October 15, 2001.  Unless you submit a form your pay stub information will default to electronic viewing.
Please click on the link below.
Name:             TRACY GEACCONE
Personnel number: P00505341
Phone:            7138537372
If you have questions about electronic pay stubs, please contact Janice Priddy (Payroll) 713-853-7839 or Marie Newhouse (ClickAtHome) at 713-345-4185 or send an email to  Enron.Payroll@enron.com (Enron Payroll in Outlook).
Stay tuned for more details in the coming weeks.


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*Travel 7 days a week.
*Fares shown are each way based on roundtrip purchase
and do not include federal excise tax of up to $3.00
for each flight segment (a segment is defined as a
takeoff and landing).
*Fares do not include airport-assessed passenger
facility charges (PFC) of up to $18 roundtrip.
*Fares are nonrefundable, but (except for tickets
purchased through our Group Tickets Program)
may be applied toward future travel on Southwest Airlines.
*Travel through end of schedule, currently January 11, 2002.
*Purchase through October 11, 2001,  midnight Pacific Time.
*Penalty applies to any changes made after purchasing
Southwest Internet Specials.
*Orange Co, CA and Houston Bush Intercontinental
are not included in this sale.
For more details, please visit us at:

************** Additional Information section ***************
Additional information you need to know about all of our
air fare specials:
*Changes to any portion of the reservation
(flight, dates, cities, and/or names of passengers),
once purchased, will result in the cancellation of
the ENTIRE reservation and rebooking at the lowest
fare available which could result in a fare increase.
*Southwest specials are nonchangeable
and nonrefundable.
*Ticketless Travel may be purchased online using
either a credit card or by utilizing funds from a
previously unused or cancelled Ticketless
Travel reservation(s).  Funds from up to four cancelled
or unused Ticketless Travel reservation records can
be combined to purchase a new Ticketless Travel
reservation record.  Southwest Airlines travel credit
(e.g., travel voucher, gift certificate, discount coupon)
may not be used as forms of payment for
Ticketless Travel Online.
*Unused funds may be applied toward future travel on
Southwest Airlines within one year of the original purchase date.
*Seats are limited and won't be available on some
flights that operate during very busy travel times
and holiday periods such as Thanksgiving,
Christmas, and New Years.
*Standby travel requires an upgrade to the
full unrestricted fare.
****************** Rapid Rewards Visa **********************
Apply for the Southwest Airlines Rapid Rewards Visa and
take advantage of a special promotional rate on purchases
and balance transfers.  Receive 4 bonus Rapid Rewards
credits with your first purchase and earn a free ticket
even faster.
For additional details, please visit us at:

********************** Travel Information **********************
Important travel tips may be accessed at:

You may retrieve and print a copy of your Southwest
Airlines Ticketless Travel at:

Questions about your flight arrival or departure time?
Please visit us at:

****************** Subscriber Information *********************
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Recently, Enron Corp received a request from the U.S. Environmental Protection Agency (EPA) to provide information relating to any spill, discharge, or release of "oil" (broadly defined but excludes natural gas or liquid petroleum gas) from any EOTT pipeline facility for the time period from July 1, 1998 to July 7, 2001. A "pipeline facility" includes those fleet operations where tanks are connected by/to pipelines or to other tanks through piping and in which any EOTT entity owns an interest. The EPA request seeks detailed information concerning releases of "oil" during this period, including among other things, the extent and nature of the spill, which EOTT or EPSC representative/employee was the first to learn of the spill, remedial efforts, weather conditions at the release site, etc. The request also seeks information concerning pipeline management system(s) in place during this three-year period and efforts or investments made by EOTT to prevent the release of "oil," including capital costs, expenditures and maintenance costs.
In order to respond to the EPA information request, you are instructed to identify and locate any relevant documents or information and ensure that no responsive information or documents are destroyed or discarded. You may be contacted about this inquiry in the near future, because we will be sending teams to many of the field locations to assist employees in identifying and locating documents responsive to the EPA's information request. If you believe you have relevant information or responsive documents but have not been contacted/visited by one of our teams by August 17, 2001, please contact the designated document custodian, Don Hawkins (713-646-7358).
Due to the length of the EPA information request, we have not attached the document here. However, if you would like a copy, have any questions concerning the scope or nature of the request, or have any questions regarding the document collection process, please contact Lou Soldano (713-853-7237) or Dave Nutt (713-853-7267).
Thank you for your cooperation.
Phil


Here is a 1st Draft as an FYI.   I will finalize and resend next week.    Let me know if you have any questions or concerns.
Cindy Stark
Executive Assistant to Stan Horton
Tel:   713/853-6197
Fax:  713/345-7047
Cindy.Stark@enron.com