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767.
3f1eac2e-ba41-478d-b0ec-ca9cdd3cbc28
Tue, 9 Jan 2001 08:10:00 -0800 (PST)
Bubbie: You are hereby invited to the tenth annual Spectron/Enron Celebrity Tony's dinner featuring Brian Tracy, John Arnold, and Mike Maggi. Regrets only, John
Jarnold.nsf
[]
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0
arnold-j
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Wed, 3 Jan 2001 23:36:00 -0800 (PST)
please schedule a round of interviews with john griffith with scott, hunter, phillip, and tom asap (today if possible). thx
Jarnold.nsf
[]
35
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arnold-j
769.
f83773bc-7fcc-4b37-aa73-503992e1218b
Wed, 3 Jan 2001 08:12:00 -0800 (PST)
Important - EOL Data
what's this about?
---------------------- Forwarded by John Arnold/HOU/ECT on 01/03/2001 04:12 PM --------------------------- Ina Rangel 01/03/2001 03:52 PM To: John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron, Larry May/Corp/Enron@Enron, Dutch Quigley/HOU/ECT@ECT, Craig Breslau/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Mike Grigsby/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Frank Ermis/HOU/ECT@ECT, Steven P South/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Monique Sanchez/HOU/ECT@ECT, Tori Kuykendall/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Kenneth Shulklapper/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT cc: Subject: Important - EOL Data ---------------------- Forwarded by Ina Rangel/HOU/ECT on 01/03/2001 03:49 PM --------------------------- From: Amanda Huble @ ENRON 01/03/2001 03:43 PM To: Becky Young/NA/Enron@Enron, Laura Vuittonet/Corp/Enron@Enron, Jessica Presas/Corp/Enron@ENRON, Ina Rangel/HOU/ECT@ECT, Airam Arteaga/HOU/ECT@ECT, Kimberly Brown/HOU/ECT@ECT cc: Subject: Important - EOL Data Please forward to your groups IMMEDIATELY. Thank you, Amanda Huble ---------------------- Forwarded by Amanda Huble/NA/Enron on 01/03/2001 03:42 PM --------------------------- Colin Tonks@ECT 01/03/2001 03:39 PM To: Amanda Huble/NA/Enron@Enron cc: Subject: Important - EOL Data If you are currently accessing the EOL database via Excel, Access or any other means, please contact Colin Tonks (x58885). EOL intends to stop access to the data within the next month. This means that any spreadsheets or Access databases will not function subsequent to this change. We are currently working with EOL to attain a solution, and need your help to build an inventory of all potential problems. Colin Tonks
Jarnold.nsf
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5
626
arnold-j
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Wed, 3 Jan 2001 08:10:00 -0800 (PST)
John: I would like for you to come talk to a couple more people on the gas floor about a possible position down the road. My assistant Ina Rangle is going to schedule a couple interviews. Please coordinate with her. John
Jarnold.nsf
[]
56
0
arnold-j
771.
850f3146-75a2-442d-953d-f7f0c260c8e3
Wed, 3 Jan 2001 08:09:00 -0800 (PST)
Re:
I want John to interview with the various desk heads (Scott, Hunter, Phillip, Tom). I think I'm going to tell John not to mention the past. It's an issue that doesn't need to be made public and as long as Lavo and myself are okay with it, I don't see the need to get individual approval from everyone. Thanks for your help, John Ed McMichael
01/03/2001 08:37 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: Thanks for the inquiry. I sincerely appreciate you giving me the heads up. As much as it pains me to say yes, I think John has proved himself worthy and I am willing to let him interview for the job. As we talked about before, my only condition is that you guys make sure you are willing to take him if he comes out on top. If there is any chance that his past will negatively influence your decision, I am not willing to let him interview. He handled the last experience with real maturity, but I do not want him to have any more reasons to doubt his ability to overcome his past by working hard and proving himself here. He is very valuable to me and ENA. Please let me know. Ed John Arnold 01/02/2001 09:04 PM To: Ed McMichael/HOU/ECT@ECT cc: Subject: Ed: I am starting options on EOL in about two weeks. As we discussed earlier, I don't have the appropriate manpower to run this in certain circumstances, such as when I'm out of the office. As such, I'd like to bring in John Griffith for anohter round of interviews for an options trading role with your permission. John
Jarnold.nsf
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97
345
arnold-j
772.
69e90120-b9ff-4e29-a244-efc75fc46ff4
Wed, 3 Jan 2001 00:14:00 -0800 (PST)
greg: what is the (correct) formula you devised for profitability on last trade is mid?
Jarnold.nsf
[]
22
0
arnold-j
773.
1d3f7634-c403-4dd7-94bd-8f004aaeaffe
Tue, 2 Jan 2001 13:07:00 -0800 (PST)
Re:
glad you enjoyed yourself even though you didnt get to go to ny. maybe next year. Had a great time in new orleans but it was freezing. nice to get away. going to vegas this weekend to watch the football games. love you, john
Karen Arnold <[email protected]> on 01/01/2001 08:59:53 PM To: [email protected], [email protected] cc: Subject: Well, never got to NY to enjoy New Years and the blizzard.? However, by staying in Dallas, did experience a white New Year's eve.? Never made it to Addison Cafe for New Year's eve dinner (back up plans), roads were just too bad.? But I cooked fresh salmon at home and we had a very lovely dinner. Hope you had a wonderful celebration (not quite the same as last year in Sidney, now was it) and brought in the new year with a bang! Have a happy, healthy and much more prosperous 2001!? I wish only the best for you.? Love you much, your Mom
Jarnold.nsf
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65
202
arnold-j
774.
51a11fcf-9df1-487f-a079-c8c0fbdd28c9
Tue, 2 Jan 2001 13:05:00 -0800 (PST)
are you free for a drink/dinner Wednesday night?
Jarnold.nsf
[]
12
0
arnold-j
775.
55ecb156-564a-4816-9172-63edc0b35610
Tue, 2 Jan 2001 13:04:00 -0800 (PST)
Ed: I am starting options on EOL in about two weeks. As we discussed earlier, I don't have the appropriate manpower to run this in certain circumstances, such as when I'm out of the office. As such, I'd like to bring in John Griffith for anohter round of interviews for an options trading role with your permission. John
Jarnold.nsf
[]
87
0
arnold-j
776.
ef5642fe-8f22-4ed4-8e92-3eb5c5106ca5
Tue, 2 Jan 2001 13:01:00 -0800 (PST)
Re: Financial Group - Gas Team
He joined the group 2 weeks ago. Put him in my cost center.
From: Edie Leschber 01/02/2001 05:48 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Financial Group - Gas Team John, Is there a man by the name of Henry (Dutch) Quigley who will be working in your group? His name was not on the list I sent to you previously, but he showed up on another list from HR as being assigned to your group. Please let me know and I will make any necessary adjustments to your cost center for him. Thank you, Edie Leschber X30669
Jarnold.nsf
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17
168
arnold-j
777.
9d4baa76-3da6-4f5c-808d-bce8cf799f6f
Tue, 2 Jan 2001 09:16:00 -0800 (PST)
Re: 24x7 Emergency Services
take me off your mailing list
"Piping Technology & Products, Inc." <[email protected]> on 01/02/2001 04:59:48 PM To: <[email protected]> cc: Subject: 24x7 Emergency Services U.S. Bellows/PT&P: Manufacturer of Expansion Joints, Compensators and more. December 2000 [IMAGE] www.pipingtech.com? |? www.usbellows.com? | www.swecofab.com? U.S. Bellows Responds to Emergency Order from Alaska Nitrogen Products, LLC for a 48" Dia. Expansion Joint U.S. Bellows, Inc., the expansion joint division of Piping Technology & Products, Inc., has once again shown its dedication and devotion to its customers by rushing to the emergency call of Alaska Nitrogen Products, LLC.? Alaska Nitrogen Products called upon U.S. Bellows 24 x 7 quick-turn/emergency service to aid them in the immediate replacement of a deformed, 48" diameter expansion joint when their G417 Pump failed suddenly during the plant startup.? The timeline of events demonstrates the quick engineering and manufacturing response from U.S.Bellows: [IMAGE] [IMAGE] 07/21/00 (Friday) 5:30 p.m., U.S. Bellows receives an emergency call from Alaska Nitrogen Products, LLC. [IMAGE] 07/22/00 (Saturday) U.S. Bellows/PT&P builds the 48" diameter expansion joint and ships it to Alaska Nitrogen Products, LLC on the same day. [IMAGE] 07/22/00 (Saturday) U.S. Bellows/PT&P builds the 48" diameter expansion joint and ships it to Alaska Nitrogen Products, LLC on the same day. [IMAGE] Deformed expansion joint at Alaska Nitrogen Products [IMAGE] The 48" Dia. expansion joint ready for shipment to customer's location [IMAGE] [IMAGE] ?24 x 7 Quick-turn/Emergency Services ?On-site Field Services [IMAGE]U.S. Bellows/PT&P is available on a 24x7 basis to fulfill any emergency requirements that might arise in the course of plant shut-downs or start-ups.? Using the unique web and internet-based technology, the U.S. Bellows "on-call" engineering team guarantees a response time of 30 minutes.? For details about this new service, please refer to http://www.usbellows.com/emergency.html or the U.S. Bellows' recent press release (http://www.usbellows.com/news/pr03.htm) U.S. Bellows/PT&P has extensive experience providing on-site services in quick-turn or emergency response situations.? U.S. Bellows/PT&P can provide on-site services for expansion joints (as well as for pipe supports) which include the following:? Installation guidance.[IMAGE] Inspection and maintenance.[IMAGE] Problem resolution Quick-turn replacement during shutdowns and turnarounds [IMAGE] ? Discussion Forum ? Customer Desktop [IMAGE]Post your product inquiries, request for technical support, comments/questions about PT&P and its products here at PT&P Discussion Forum. To use this service, please register at http://www.pipingtech.com/discussion.htm/ [IMAGE]Using PT&P Customer Desktop, you can check the shipping status of your projects and jobs from anywhere in the world, at anytime of day or night.?? [IMAGE] Secured [IMAGE] Accurate Information [IMAGE] Integratable with MS Excel [IMAGE]Register today at http://www.pipingtech.net/CD_RegMain.asp? [IMAGE] ? Catalogs [IMAGE] [IMAGE] [IMAGE] [IMAGE] Pipe Supports Catalog Expansion Joint Catalog Pre-insulated Pipe Supports Catalog Instrument Supports Catalog [IMAGE] [IMAGE] [IMAGE] Would you like for U.S. Bellows to come out to your office to make a technical presentation on a specific topic (e.g. expansion joints) or to make a general presentation?? Contact U.S. Bellows Outside Sales at +1-713-731-0030 or on e-mail at [email protected] to setup a time and date. ** U.S. Bellows, Inc./Piping Technology & Products, Inc.?does not send unsolicited email. If you do not wish to receive future emails from U.S. Bellows/Piping Technology & Products, Inc. or relevant third parties, please fill out the unsubscribe form at http://www.pipingtech.com/forms/unsub.htm/?or simply reply to [email protected] with unsubscribe in the subject line if you do not have internet connections. Feel free to send this message to a friend or business associate or have them fill our the subscribe form at http://www.pipingtech.com/forms/unsub.htm?or send their email addresses to: [email protected] to be included in future E-Newsletters from U.S. Bellows/Piping Technology & Products, Inc.
Jarnold.nsf
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6
1,425
arnold-j
779.
5fe6192c-2eaf-4da7-acf9-38389b59b758
Tue, 2 Jan 2001 06:18:00 -0800 (PST)
Re: Site Location Advisory Service
take me off your mailing list
"Taylor, Monique" <[email protected]> on 01/02/2001 01:41:40 PM To: "ACTIVE Howard Low (E-mail)" <[email protected]>, "ACTIVE Howard Uffer (E-mail)" <[email protected]>, "ACTIVE I. Brad King (E-mail)" <[email protected]>, "ACTIVE Ian David Housby (E-mail)" <[email protected]>, "ACTIVE Ian T. Crowe (E-mail)" <[email protected]>, "ACTIVE Ichiro Kadono (E-mail)" <[email protected]>, "ACTIVE Ira Riahi (E-mail)" <[email protected]>, "ACTIVE Irene C. Masterton (E-mail)" <[email protected]>, "ACTIVE Izumi Yamamoto (E-mail)" <[email protected]>, "ACTIVE J. Babik Pestritto (E-mail)" <[email protected]>, "ACTIVE J. Gordon Prunty (E-mail)" <[email protected]>, "ACTIVE J. Gregory Ellis (E-mail)" <[email protected]>, "ACTIVE J. M. O. Grey (E-mail)" <[email protected]>, "ACTIVE J. Mark Schleyer (E-mail)" <[email protected]>, "ACTIVE J. R. Orton (E-mail)" <[email protected]>, "ACTIVE J. Roy Cloudsdale (E-mail)" <[email protected]>, "ACTIVE J. Thomas Recotta (E-mail)" <[email protected]>, "ACTIVE J. Walter Berger (E-mail)" <[email protected]>, "ACTIVE Jaan Meri (E-mail)" <[email protected]>, "ACTIVE Jack Gaylord (E-mail)" <[email protected]>, "ACTIVE Jack Hyland (E-mail)" <[email protected]>, "ACTIVE Jack L. Brophy (E-mail)" <[email protected]>, "ACTIVE Jacqueline Salerno (E-mail)" <[email protected]>, "ACTIVE Jacqueline Wilson (E-mail)" <[email protected]>, "ACTIVE James A. Ableson (E-mail)" <[email protected]>, "ACTIVE James A. Iacobazzi (E-mail)" <[email protected]>, "ACTIVE James A. Martin (E-mail)" <[email protected]>, "ACTIVE James A. Sladack (E-mail)" <[email protected]>, "ACTIVE James C. Goodman (E-mail)" <[email protected]>, "ACTIVE James D. Frey (E-mail)" <[email protected]>, "ACTIVE James F. Caldwell (E-mail)" <[email protected]>, "ACTIVE James F. Doran (E-mail)" <[email protected]>, "ACTIVE James H. Dommel (E-mail)" <[email protected]>, "ACTIVE James J. O'Hara (E-mail)" <[email protected]>, "ACTIVE James J. O'Neil (E-mail)" <[email protected]>, "ACTIVE James K. Harbaugh (E-mail)" <[email protected]>, "ACTIVE James M. Winter (E-mail)" <[email protected]>, "ACTIVE James Maloney (E-mail)" <[email protected]>, "ACTIVE James P. Desmond (E-mail)" <[email protected]>, "ACTIVE James P. Gade (E-mail)" <[email protected]>, "ACTIVE James R. Duport (E-mail)" <[email protected]>, "ACTIVE James R. Shaw (E-mail)" <[email protected]>, "ACTIVE James R. Taylor (E-mail)" <[email protected]>, "ACTIVE James Scannell (E-mail)" <[email protected]>, "ACTIVE James Sharkey (E-mail)" <[email protected]>, "ACTIVE James W. Brooks (E-mail)" <[email protected]>, "ACTIVE James W. Lawler (E-mail)" <[email protected]>, "ACTIVE James W. Moses (E-mail)" <[email protected]>, "ACTIVE James W. Nixon (E-mail)" <[email protected]>, "ACTIVE James Yao (E-mail)" <[email protected]>, "ACTIVE Jane Spencer Wesby (E-mail)" <[email protected]>, "ACTIVE Janet Richardson (E-mail)" <[email protected]>, "ACTIVE Janet South (E-mail)" <[email protected]>, "ACTIVE Jay Bechtel (E-mail)" <[email protected]>, "ACTIVE Jay Driller (E-mail)" <[email protected]>, "ACTIVE Jay Poswolsky (E-mail)" <[email protected]>, "ACTIVE Jean Baudrand (E-mail)" <[email protected]>, "ACTIVE Jeff Hayhurst (E-mail)" <[email protected]>, "ACTIVE Jeff Kudlac (E-mail)" <[email protected]>, "ACTIVE Jeff S. Chenen (E-mail)" <[email protected]>, "ACTIVE Jeffery B. Forrest (E-mail)" <[email protected]>, "ACTIVE Jeffrey A. Rock (E-mail)" <[email protected]>, "ACTIVE Jeffrey Chaitman (E-mail)" <[email protected]>, "ACTIVE Jeffrey Cramer (E-mail)" <[email protected]>, "ACTIVE Jeffrey J. Georger (E-mail)" <[email protected]>, "ACTIVE Jeffrey L. Elie (E-mail)" <[email protected]>, "ACTIVE Jeffrey Sweeney (E-mail)" <[email protected]>, "ACTIVE Jeffrey T. Austin (E-mail)" <[email protected]>, "ACTIVE Jennifer Sherry (E-mail)" <[email protected]>, "ACTIVE Jennifer Sigan (E-mail)" <[email protected]>, "ACTIVE Jennifer Stewart Arnold (E-mail)" <[email protected]>, "ACTIVE Jeoffrey K. Moore (E-mail)" <[email protected]>, "ACTIVE Jeremiah D. Hover (E-mail)" <[email protected]>, "ACTIVE Jeri Bogan (E-mail)" <[email protected]>, "ACTIVE Jerome R. Crylen (E-mail)" <[email protected]>, "ACTIVE Jerry W. Murphy (E-mail)" <[email protected]>, "ACTIVE Jim Pond (E-mail)" <[email protected]>, "ACTIVE Jim Tousignant (E-mail)" <[email protected]>, "ACTIVE Joanne M. Kiley (E-mail)" <[email protected]>, "ACTIVE Joanne M. Prosser (E-mail)" <[email protected]>, "ACTIVE Joel Blockowicz (E-mail)" <[email protected]>, "ACTIVE Joel Bloom (E-mail)" <[email protected]>, "ACTIVE Johanna Hellenborg (E-mail)" <[email protected]>, "ACTIVE John A. Feltovic (E-mail)" <[email protected]>, "ACTIVE John A. Hilliard (E-mail)" <[email protected]>, "ACTIVE John Allan (E-mail)" <[email protected]>, "ACTIVE John Anthony Linden (E-mail)" <[email protected]>, "ACTIVE John Balkwill (E-mail)" <[email protected]>, "ACTIVE John Bisanti (E-mail)" <[email protected]>, "ACTIVE John C. Clyne (E-mail)" <[email protected]>, "ACTIVE John C. Martz (E-mail)" <[email protected]>, "ACTIVE John C. Mulhern (E-mail)" <[email protected]>, "ACTIVE John D. Byrnes (E-mail)" <[email protected]>, "ACTIVE John E. Betsill (E-mail)" <[email protected]>, "ACTIVE John E. Zimmerman (E-mail)" <[email protected]>, "ACTIVE John F. Buckley (E-mail)" <[email protected]>, "ACTIVE John F. Harbord (E-mail)" <[email protected]>, "ACTIVE John F. Matthews (E-mail)" <[email protected]>, "ACTIVE John F. Simcoe (E-mail)" <[email protected]>, "ACTIVE John F. Stier (E-mail)" <[email protected]>, "ACTIVE John G. Malino (E-mail)" <[email protected]>, "ACTIVE John H. Degnan (E-mail)" <[email protected]>, "ACTIVE John Hay (E-mail)" <[email protected]>, "ACTIVE John Igoe (E-mail)" <[email protected]>, "ACTIVE John J. Chapman (E-mail)" <[email protected]>, "ACTIVE John J. Crisel (E-mail)" <[email protected]>, "ACTIVE John J. Crowe (E-mail)" <[email protected]>, "ACTIVE John J. DeMarsh (E-mail)" <[email protected]>, "ACTIVE John J. Guba (E-mail)" <[email protected]>, "ACTIVE John J. Keogh (E-mail)" <[email protected]>, "ACTIVE John Jacobs (E-mail)" <[email protected]>, "ACTIVE John K. Austin (E-mail)" <[email protected]>, "ACTIVE John L. Sneddon (E-mail)" <[email protected]>, "ACTIVE John L. Stein (E-mail)" <[email protected]>, "ACTIVE John M. Hogan (E-mail)" <[email protected]>, "ACTIVE John P. Meyer (E-mail)" <[email protected]>, "ACTIVE John P. Thomas (E-mail)" <[email protected]>, "ACTIVE John Parro (E-mail)" <[email protected]>, "ACTIVE John Payne (E-mail)" <[email protected]>, "ACTIVE John Popolillo (E-mail)" <[email protected]>, "ACTIVE John R. Ferrari (E-mail)" <[email protected]>, "ACTIVE John R. Peters (E-mail)" <[email protected]>, "ACTIVE John Randall Evans (E-mail)" <[email protected]>, "ACTIVE John Robinson (E-mail)" <[email protected]>, "ACTIVE John Sweat (E-mail)" <[email protected]>, "ACTIVE John Terela (E-mail)" <[email protected]>, "ACTIVE John Trendler (E-mail)" <[email protected]>, "ACTIVE John Voorhorst (E-mail)" <[email protected]>, "ACTIVE John W. Brannock (E-mail)" <[email protected]>, "ACTIVE John W. Coons (E-mail)" <[email protected]>, "ACTIVE John W. Corbett (E-mail)" <[email protected]>, "ACTIVE John W. Green (E-mail)" <[email protected]>, "ACTIVE John W. Hildebrand (E-mail)" <[email protected]>, "ACTIVE John Zalewski (E-mail)" <[email protected]>, "ACTIVE Jo-Lynne Price (E-mail)" <[email protected]>, "ACTIVE Jon J. Crockett (E-mail)" <[email protected]>, "ACTIVE Jonathan C. Keefe (E-mail)" <[email protected]>, "ACTIVE Jonathan R. Coun (E-mail)" <[email protected]>, "ACTIVE Jonathan T. Tucker (E-mail)" <[email protected]>, "ACTIVE Jordan O. Hemphill (E-mail)" <[email protected]>, "ACTIVE Jose Oncina (E-mail)" <[email protected]>, "ACTIVE Joseph C. Ellsworth (E-mail)" <[email protected]>, "ACTIVE Joseph D. Buckman (E-mail)" <[email protected]>, "ACTIVE Joseph D. Winarski (E-mail)" <[email protected]>, "ACTIVE Joseph F. Patterson (E-mail)" <[email protected]>, "ACTIVE Joseph J. Procopio (E-mail)" <[email protected]>, "ACTIVE Joseph L. Maccani (E-mail)" <[email protected]>, "ACTIVE Joseph M. Cowan (E-mail)" <[email protected]>, "ACTIVE Joseph M. Milano (E-mail)" <[email protected]>, "ACTIVE Joseph M. Murphy (E-mail)" <[email protected]>, "ACTIVE Joseph M. Patti (E-mail)" <[email protected]>, "ACTIVE Joseph T. Turner (E-mail)" <[email protected]>, "ACTIVE Joshua Figueroa (E-mail)" <[email protected]>, "ACTIVE Juan L. Cano (E-mail)" <[email protected]>, "ACTIVE Judith A. Taylor (E-mail)" <[email protected]>, "ACTIVE Judy M. Schultz (E-mail)" <[email protected]>, "ACTIVE Julian Atkins (E-mail)" <[email protected]>, "ACTIVE Jurg Grossenbacher (E-mail)" <[email protected]>, "ACTIVE K. Nicole Escue (E-mail)" <[email protected]>, "ACTIVE Karen Amos (E-mail)" <[email protected]>, "ACTIVE Karen Couto (E-mail)" <[email protected]>, "ACTIVE Karen L. Balko (E-mail)" <[email protected]>, "ACTIVE Karen Randal (E-mail)" <[email protected]>, "ACTIVE Karl W. Myers (E-mail)" <[email protected]>, "ACTIVE Kathleen A. Carrington (E-mail)" <[email protected]> cc: Subject: Site Location Advisory Service I am pleased to inform you that one of Canada's leading business service providers, Grant Thornton LLP, is now offering US firms a full Site Location Advisory Service. With over forty offices across Canada, Grant Thornton LLP knows Canada. We are finding that more and more US corporations are looking north as they are faced with fewer satisfactory location alternatives in which to expand. Canada, with its relatively large and well trained work force, not to mention lower operating costs, is increasingly being considered by companies such as yours. Grant Thornton LLP would be pleased to discuss this service with you. It is a full service that includes, on your behalf, real estate sourcing, labor force analysis and verification, tax analysis and comparison, and incentive negotiations. Should you be considering expanding your operations and interested in discussing our service, please give us a call. More and more United States firms, from call centers to manufacturers are locating in Canada to serve both their US and Canadian customers. Based in Moncton, New Brunswick Canada, I can be reached at: Telephone (506) 857-0100 Cell Phone (506) 381-1450 E-Mail [email protected] Michael S. MacBride, CMA Senior Consultant Grant Thornton LLP Chartered Accountants PO Box 1005 633 Main Street Suite 500 Moncton New Brunswick Canada E1C 8P2 This e-mail is intended solely for the person or entity to which it is addressed and may contain confidential and/or privileged information. Any review, dissemination, copying, printing or other use of this e-mail by persons or entities other than the addressee is prohibited. If you have received this e-mail in error, please contact the sender immediately and delete the material from any computer.
Jarnold.nsf
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6
4,818
arnold-j
78.
d6308ede-46f2-45d4-8dd9-a9b33a9c40b0
Tue, 24 Oct 2000 10:03:00 -0700 (PDT)
Re: Login ID's needed
duke8duke Ina Rangel
10/24/2000 03:16 PM To: John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron, Larry May/Corp/Enron@Enron, Jay Reitmeyer/HOU/ECT@ECT, Kenneth Shulklapper/HOU/ECT@ECT, Matthew Lenhart/HOU/ECT@ECT, Paul T Lucci/NA/Enron@Enron, Tori Kuykendall/HOU/ECT@ECT, Randall L Gay/HOU/ECT@ECT, Frank Ermis/HOU/ECT@ECT, Steven P South/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Monique Sanchez/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Phillip K Allen/HOU/ECT@ECT, Mike Grigsby/HOU/ECT@ECT cc: Subject: Login ID's needed The Enron Messaging System is going to be implemented soon and I have been asked to collect everyone's login ID. Please forward me your login ID and I will send to the correct people. Thanks -Ina
Jarnold.nsf
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12
264
arnold-j
780.
36285ef2-a4fe-442a-b55a-265e1e6dbb7f
Mon, 1 Jan 2001 23:57:00 -0800 (PST)
Re:
you must bet sugar and orange bowls John
J Lavorato@ENRON 01/02/2001 07:25 AM To: John Arnold/HOU/ECT@ECT cc: Subject: current including tb -500 equals 4170
Jarnold.nsf
[]
11
48
arnold-j
781.
888e51a3-3bf5-47f9-be37-88e624feb7bb
Mon, 1 Jan 2001 09:31:00 -0800 (PST)
Re:
i was thinking about 25. i'll sell everything on access down 15
Mike Maggi@ENRON 01/01/2001 05:28 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: 15-25 lower
Jarnold.nsf
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15
45
arnold-j
783.
398e0609-fabc-42bd-a282-86127e123990
Mon, 1 Jan 2001 08:36:00 -0800 (PST)
Re: Gas Team - Reorg
that info is correct.
From: Edie Leschber 12/29/2000 12:30 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Gas Team - Reorg John, My name is Edie Leschber and I will be your Business Analysis and Reporting Contact effective immediately. I am currently in the process of verifying team members under your section of the Gas Team. Attached is a file with the current list. Please confirm that your list is complete and/or send me changes to it at your earliest convenience. New cost centers have been set up due to the reorganization and we would like to begin using these as soon as possible. I look forward to meeting you and working with you very soon. Thank you for your assistance. Edie Leschber X30669
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5
218
arnold-j
784.
057522e5-ecba-4e67-8700-23a2b6b13328
Mon, 1 Jan 2001 08:36:00 -0800 (PST)
Re:
i would have paid you in full Tueday morning and resigned my bookie services... John
J Lavorato@ENRON 12/31/2000 10:43 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Almost pulled off the 4 tease yesterday. I was robbed Denver +3 350 Phili +3 350
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arnold-j
785.
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Thu, 28 Dec 2000 23:31:00 -0800 (PST)
Torrey: Can you also approve Mike Maggi to trade crude as well. Thanks for your help. John
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0
arnold-j
787.
bf0a56d3-1e99-481a-a836-b8a0e7feaccd
Thu, 28 Dec 2000 23:07:00 -0800 (PST)
Re: NG YEAR ENd Quiz
fill me in. how can i eavesdrop??
To: John Arnold/HOU/ECT@ECT cc: Subject: Re: NG YEAR ENd Quiz I belong to a natgas discussion group on the internet. This is from one of the guys. Basically they are a bunch of gastraders from various firms ( a lot of producers, some industrials, some small shops and few i--banker types) I found the test to be mildly amusing. And since I had no idea what 'club no minors' was-- i was hoping for some insight from you guys. Fortunately, the lovely Ms. Shipos was able to fill me in. Anyway, while occasionally garbage, the discussions do provide insight on what others are thinking of production, storage and other such matters. And when I was a marketer, I found a few leads. Finally, since a lot of the information revolves around gossip about a particular 'super trader' at the big ENE , i find it amusing that one of the most reserved and modest individuals I know is so talked about on the internet. JF
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3929f5e2-8e64-45d5-b454-7d9ad0e5dcaf
Thu, 28 Dec 2000 04:52:00 -0800 (PST)
Re: fund views
very useful...thx. keep me posted
Caroline Abramo@ENRON 12/22/2000 11:41 AM To: John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron, Jennifer Fraser/HOU/ECT@ECT cc: Per Sekse/NY/ECT@ECT Subject: fund views Hi- all the funds are trying to figure out what the play is for next year- major divergence of opinions. Most everyone we talk to takes a macro view. + Dwight Anderson from Tudor thinks anything above $6 is a sale from the perspective of shut in industrial demand- he believes that between $6-7 no industrial (basic industry type) can operate. He tracks all the plant closures similar to what Elena does in Mike Robert's group but it seems on a more comprehensive level (Jen- it would be good for fundamentals to track this number- do some scenario analysis on it under various economic conditions- like recession!!). I will try to find out what his total number for turned back gas is- just ammonia is a little more than 1/2 Bcf which does not seem all that meaningful but the total may bring us back into balance for the summer. While he's a seller above $6, he'd also be a buyer of summer at lower levels He firmly believes in increased production in 02 (still has 1.1 day short) based on his relationship with the producing community although I personally think that 1Q02 sees little. I know that the fundamentals group is tracking these numbers from the producing community and has seen no increase in 3q over 2q and is doubtful for any in 4q over 3q. He really believes theories on products being out of whack- heat/gas, crude/propane.... + Jim Pulaski is a bull period- he really likes april and may on the 0 storage scenario- I agree that we try to build storage in April but with the backwardation out there what is the incentive??? as well, with lower baseloads for the summer- deliverability should not be an issue. I am torn on this one. + Catequil- new fund- Paul Touradji - used to be with Tiger- they do the same analysis as Dwight- just starting up and one of their mandates is to be long nat gas!! through vol or outright. + Harvard- not really sure of the view yet- they have not been active in gas just crude/products- they like buying cheap vol- because they do not have MTM issues- they like to look out in the calendar years. + The other people we are starting relationships with in the new year are: Moore Capital, Global Advisors, Caxton, Paloma Partners, Kingdon, Renaissance (program trader) - just so you know the names- as I get to know them better, I'll try to fwd on thoughts regularly. Have a great holiday! I'll be here next week. Caroline
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11
691
arnold-j
789.
216b54a9-6d5d-4ed7-b991-0a5397776f9d
Thu, 28 Dec 2000 04:52:00 -0800 (PST)
Re: End of the YEar
thx and have fun on vaca
To: John Arnold/HOU/ECT@ECT cc: Subject: End of the YEar Hey: Sorry I didn't get to come by before I left. I have been in London since 12/15.I hope the expiry goes smoothly for you. Also I hope your holliday season is going well ( however abridged it is by the NYMEX and Enron) Many of the guys over here asked about nat gas and EOL in the US. I suggested they visit with you when they are over in the US. In particular, Chris Mahoney (gasoil trader) will be in Houston the 27 t0 30. I told him he should come and watch you deal with the AGA number and NX1 at the same time. Chris is a really good guy. His team loves him and will definitely play a large role in turning the crude and products group around. Anyway you were a great pal over the last 12 months and gave me a lot of good advice. I do miss listening to the banter on the gas floor (and the gambling!), but there are a lot of good people in crude and products (especially in London) and I think we will be able to deliver on the goods. I think you are wonderful and I'm very happy we had the chance to work together. Happy New Year! Jen PS I am coming back on the 6th. Once I finish up the week, I am off to Berlin for New Year's Eve and then a little trip over to Prague. PPS If there is any other info you need let me know. By Jan 15, I should have about 15 analysts and be able to devote some to special projects. PPS A London HOuston Comparison London HOUSTON Employee Referral BMW Z3 Maybe 2K, usually a slap on the back Parking Avail 10 spots 100's Parking Fee Monthly auction, with 10 top ten bids Set annual, space yours for your ENE life winning, lowest of the ten setting monthly price Building Across from Buckingham Palace Demilitarized zone Holiday 5 weeks ???? Trading Day 8 am - 8:30 pm 6-6:30 Closest Bar British Pub, one Block Ninfa's Allen Ctr John Arnold 26/12/2000 19:03 To: Jennifer Fraser/HOU/ECT@ECT cc: Subject: Re: NG Expiry sorry didnt respond to your message. don't know how to do that instant messenger thing anymore. volume very, very light. most of stated volume in spreads and TAS. No one seems to want to be in the office this week. Everyone wants to get this year over with. Keep pumping in the fundamental info. very good stuff and i'm not getting it anywhere else. From: Jennifer Fraser 12/26/2000 12:16 PM To: John Arnold/HOU/ECT@ECT cc: Subject: NG Expiry Hey
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9
790
arnold-j
79.
9d605406-8563-4bf7-bab6-ff7b8fb76a8f
Tue, 24 Oct 2000 10:03:00 -0700 (PDT)
Re: Sunday
Thanks...It just seems like all the time.
Andy Zipper@ENRON 10/24/2000 03:41 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: Sunday FYI regarding Sunday outages. ---------------------- Forwarded by Andy Zipper/Corp/Enron on 10/24/2000 03:38 PM --------------------------- From: Bob Hillier on 10/24/2000 02:22 PM To: Andy Zipper/Corp/Enron@Enron cc: David Forster/Corp/Enron@Enron, Jay Webb/HOU/ECT@ECT Subject: Re: Sunday Andy, Here is what I am aware of regarding availability of EOL for Sunday Trading. The first Sunday that we opened for trading (I believe it was 10/1), we experienced a shutdown of the entire site late Saturday which, unfortunately included our monitors, which is why we were not aware of it until just prior to trading time. Trading was to open at 2:00pm and we had the site up by aprox 2:15pm. I am not aware of any issues on 10/8 and 10/15. This past Sunday, 10/22 we had a problem with a release that we pushed out on Saturday. We are working on our release procedures and will make every effort to have smoother releases in the future. I hope this answers your questions, if not feel free to give me a call. 3-0305 bbh Andy Zipper 10/24/2000 09:04 AM To: Bob Hillier/NA/Enron@Enron, David Forster/Corp/Enron@Enron, Jay Webb/HOU/ECT@ECT cc: Subject: sunday Can we get to the bottom of this asap. ---------------------- Forwarded by Andy Zipper/Corp/Enron on 10/24/2000 09:02 AM --------------------------- John Arnold@ECT 10/22/2000 06:23 PM To: Andy Zipper/Corp/Enron@Enron cc: Subject: Andy: I tried to open EOL at 4 on Sunday, but we had systems problems that delayed the opening until 6:05. This is the third time in four or five sessions when EOL had problems on Sunday. Anything you can do to improve reliability would be appreciated. John
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10
569
arnold-j
790.
bf9564f4-edf7-4951-be6a-fa7245f82ba4
Thu, 28 Dec 2000 04:50:00 -0800 (PST)
Re: NG YEAR ENd Quiz
what is this???
From: Jennifer Fraser 12/27/2000 12:19 PM To: Bill Berkeland/Corp/Enron@Enron, John Arnold/HOU/ECT@ECT, Jennifer Shipos/HOU/ECT@ECT cc: Subject: NG YEAR ENd Quiz ---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 27/12/2000 18:21 --------------------------- [email protected]@wwwww.aescon.com on 27/12/2000 12:04:03 Supplemental Bonus question: See no 12---- Is Jeff Shankman's picture there Here is your year end NG quiz. Forgive pore spelling please! 1. On Jan 4, 2000, what was the settle price of the prompt month Nymex contract? 2. What caused numerous OTC energy brokerages to consolidate or go out of business in 2000? 3. Every 11 years, an astronomical event occurs that correlates with high energy prics. This is one of those years. What is the event? 4. What trading company's motto is "unrelenting thinking?" 5. What is intellectual capital? Where was the idea of it conceived? 6. If a supertrader is wearing a blue shirt with white collar and cuffs, what is the appropriate foot accesory: red socks, sandals or "spats"? 7. On March 31, 2000, what was the settle of the prompt month Nymex contract? 8. What is the name of a prominent national weather service that doesn't provide intra-day Canadian air temp graphics? 9. What is a "polar pig"? Who coined the phrase? 10. What do Nicholas Leeson and Value-at-Risk have in common? 11. What type of food is served at the restaurant in Houston which houses the famous bar - "Club No Minors"? 12. What is the name of the small town in Texas where the Natural Gas Traders Hall of Fame is allegedly located? 13. What is the name of the $1.59 grocery store tabloid that predicted our current weather on Sept. 12, 2000? 14. What are the names of the three northern hemisphere weather models used today? 15. In the year 2000, what astrological event had a 100% correlation with counter-trend price moves? 16. On Feb 3, 2001, what astrological event will occur that some floor traders say will affect price of NG? 17. In the year 2000, one Houston oil company paid $160 million to learn the hard way that OPEC can do what? 18. What was the highest IFGMR index posted to date? 19. What city issued warrants for the arrest of several of its gas utility's executives in 2000? 20. Who is the president of Enron Online? 21. During 2000's Shell Open golf tourney, within a 25 cent window what was the average price of the prompt month Nymex contract? 22. What weather event struck Ft. Worth, Texas on March 28, 2000? 23. How many Nobel laureates advised the supertraders at failed Long Term Capital Management? 24. What is a "deal cop"? 25. The AGA states upon its web page that portion of the gas business that it represents. Which of the following is that group? Traders, marketers, pipelines, utilities, home consumers, producers, industrials? 26. What type of meat product was used to verbally describe AGA's Chris McGill's reaction to the notion that there would be a shortage of gas supply this winter? 27. How many utilities have been rumored to be considering bankruptcy in California due to high energy prices? 28. The original design for Alliance pipeline was conceived where and drawn on what? 29. Which of the following is considered to be improper to put on a Philadelphia Gas Works expense account: business mileage, business meals, business lodging or artworks? 30. At a late night industry party during Gas Fair this year, two female brokers were mistakenly hassled by Houston Police as possibly being of what occupation?
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4
1,014
arnold-j
791.
fb5bf66d-453f-476f-93a5-f1970e4b9fba
Thu, 28 Dec 2000 04:43:00 -0800 (PST)
Re: Vegas
wish you guys were going a week earlier. i'm going next weekend. too much vegas is bad for the soul....and the wallet. Jennifer Shipos
12/27/2000 04:28 PM To: [email protected] cc: Subject: Vegas Come to Vegas with us. (Jan 12-14) If you are going to spend a fortune on your painting, you should at least see it one more time before you buy it. What do you think?
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83
arnold-j
792.
d8c1e7a2-c528-47cf-860c-39751992d44c
Thu, 28 Dec 2000 04:42:00 -0800 (PST)
Re: 12/26 and 12/27 Maturity Gap Risk Limit Violation
The positions went over limits due to the sale of HPL and subsequent unwind of hedges associated with the transaction. Attempts are being made to unwind those positions currently
Kenneth Thibodeaux@ENRON 12/28/2000 09:43 AM To: John J Lavorato/Corp/Enron@Enron, John Arnold/HOU/ECT@ECT, Frank Hayden/Corp/Enron@Enron cc: Subject: 12/26 and 12/27 Maturity Gap Risk Limit Violation The PRELIMINARY DPR indicates a Maturity Gap Risk violation for Gas Trading as follows: 12/26 Maturity/Gap Risk: 202 Bcf 12/27 Maturity/Gap Risk: 205 Bcf Maturity Gap Risk Limit: 200 Bcf Please provide an explanation for the memos. If you have any questions, please call me at 5-4541. Thank you, Johnny Thibodeaux
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794.
06c76839-2e08-4c1a-9226-0508fc67c105
Tue, 26 Dec 2000 11:35:00 -0800 (PST)
Re: ICE
Please approve Dutch for ICE Enron North America Corp.
From: Dutch Quigley 12/22/2000 10:59 AM To: John Arnold/HOU/ECT@ECT cc: Subject: ICE John, Can you send an email to Stephanie Sever to approve my access to the ICE system. Dutch ---------------------- Forwarded by Dutch Quigley/HOU/ECT on 12/22/2000 10:58 AM --------------------------- From: Stephanie Sever 12/22/2000 09:34 AM To: Dutch Quigley/HOU/ECT@ECT cc: Subject: ICE Dutch, As John Arnold is not an approver on ICE, please have him send an email giving his OK for your access. Thanks, Stephanie x33465
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795.
5ca55f4b-f625-4335-83bd-212730d56b0e
Tue, 26 Dec 2000 11:34:00 -0800 (PST)
Here is the name of an available options trader: Jeremy Sorkin VP, Deutsche Bank 713 757 9200 Would fit Enron culture, but have had little contact with him professionally. Might be worth bringing him in. Tell me if you want me to call him.
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64
0
arnold-j
796.
516aef05-7ab7-4508-bed1-c1c378f899ba
Tue, 26 Dec 2000 11:03:00 -0800 (PST)
Re: NG Expiry
sorry didnt respond to your message. don't know how to do that instant messenger thing anymore. volume very, very light. most of stated volume in spreads and TAS. No one seems to want to be in the office this week. Everyone wants to get this year over with. Keep pumping in the fundamental info. very good stuff and i'm not getting it anywhere else.
From: Jennifer Fraser 12/26/2000 12:16 PM To: John Arnold/HOU/ECT@ECT cc: Subject: NG Expiry Hey
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699110e0-8ac7-4f3d-bde1-db9b0926d3bf
Mon, 25 Dec 2000 13:17:00 -0800 (PST)
Re:
asshole John
J Lavorato@ENRON 12/23/2000 10:51 AM To: John Arnold/HOU/ECT@ECT cc: Subject: john I cant' seem to make my gambling problem go away. bills +3 250 denver -7 250 jack +3 1/2 250
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6
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798.
aab4bb23-8c9e-4b82-a955-12d82af33a5a
Mon, 25 Dec 2000 13:16:00 -0800 (PST)
Re:
asshole John
J Lavorato@ENRON 12/24/2000 08:45 AM To: John Arnold/HOU/ECT@ECT cc: Subject: rams -3.5 wash -7 raiders -9 1/2 balt -5 bears lions over 37 eagles bengals under 35 1/2 pats +4 vikings +5.5
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6
90
arnold-j
799.
0f65fe9a-3f42-40ae-8117-ae189eb1d2ea
Fri, 22 Dec 2000 10:29:00 -0800 (PST)
Re: Plants Shut Down and Sell the Energy
the market had to get to a price whereby these guys shut down. there is just not enough gas to allow everybody who wants to to burn it. the elasticity of demand is in the industrial sector. million dollar question is have we gotten to a high enough price whereby we end the year with gas in the ground and deliverability to meet a late cold snap. shutdown of processing, distillate and resid switching, loss of industrial load...maybe we have. good holidays, john
[email protected] on 12/22/2000 07:11:26 AM To: [email protected] cc: Subject: Plants Shut Down and Sell the Energy Subject: Plants Shut Down and Sell the Energy Plants Shut Down and Sell the Energy By Peter Behr Washington Post Staff Writer Thursday, December 21, 2000; Page E01 Kaiser Aluminum Corp. had planned to spend December making aluminum at its giant smelters in the Pacific Northwest, run by electricity from the Bonneville Power Administration's Columbia River dams. Then it saw a better deal. With California desperate for power and electricity prices hitting unheard-of peaks, Kaiser shut down its two U.S. smelters last week. It is selling the electricity it no longer needs -- for about 20 times what it pays Bonneville under long-standing contracts. It is a measure of this winter's fuel crunch: Some big industrial firms in energy-intensive sectors such as paper, fertilizers, metals and even oil-field operations can make more money by selling their electricity or natural gas than manufacturing their products. The shifts by such large industrial consumers of energy -- described as unprecedented by analysts -- will free up more fuel for households and businesses this winter. But they also are sowing seeds of potential problems next year. Shortages of aluminum and fertilizer, for example, are likely to give another upward jolt to consumer prices and further weaken the economy, analysts said. "The fertilizer picture is particularly worrying us because we don't know what they're going to use to grow crops with," said David Wyss, chief economist at Standard & Poor's. Some economists have recently increased their warnings about the damaging impact of this winter's heating bills on an already weakening economy. Goldman Sachs analysts last week estimated that gas heating bills will double this winter to more than $1,000 for a typical U.S. household. That and higher electricity prices will cost consumers $20 billion in higher energy costs compared with a year ago, they estimated, cutting the expected growth in the nation's economic output by one percentage point on an annual rate in the first three months of next year. "Overall, the recent energy price developments have thus added to the risk of a sharp economic slowdown," the Goldman Sachs report concluded. Terra Industries Inc., in Sioux City, Iowa, has closed three of its six U.S. ammonia plants, which use natural gas as a main ingredient for fertilizer production. Like Kaiser, the company realized it would be much more profitable to stop production in December and sell the natural gas back to the market at current prices, which are much higher than the price Terra was obligated to pay under its existing December supply contract, said Mark Rosenbury, chief administrative officer. "We looked at these [current] prices and said, 'This is crazy,' " he said. Terra hasn't disclosed the profit it will make selling its gas, but Rosenbury said it would be "substantial." In coming months, Terra's good fortune could be reversed. It usually buys gas a month at a time, and the prices for January delivery most likely will be well above its break-even point. That would keep Terra's plants closed, Rosenbury said, but eliminate the opportunity to sell the natural gas at a profit. "If this persists," Rosenbury said, "it's going to be a real problem." He estimates that out of a total annual U.S. production capacity of 18 million tons of ammonia, about 4 million tons of production isn't operating now. "Could we be short of fertilizer next spring? It's possible that farmers will not have as much as they want," Rosenbury said. Royster-Clark Inc., a Norfolk and New York City-based fertilizer manufacturer and distributor, has shut down its one plant in East Dubuque, Ill., indefinitely, and 72 production workers will be laid off, beginning next month. The story is the same -- natural gas prices are too high to justify continued production. "We believe it's likely this is a speculative bubble [in natural gas prices] that will burst and in a few weeks we'll be able to buy gas at a more reasonable price, but that remains to be seen," said Paul M. Murphy, the company's managing director for financial planning. A continuation of high natural gas prices would likely shrink production and raise fertilizer prices to a point that could affect farmers' decisions to plant feed corn, he said. "It's sticker shock." According to Wyss, if this winter remains unusually cold and natural gas remains above $7 per million cubic feet -- double the level a year ago -- farm products could rise significantly a year from now and into 2002. In the aluminum industry, several smaller producers have joined Kaiser, the industry's No. 2 manufacturer, in closing down, noted Lloyd O'Carroll, an analyst with BB&T Capital Markets in Richmond. Aluminum production in November was 8.3 percent below that of November 1999, and December's production will be lower still, he said. "We'll get more production cut announcements, I think," he said. A slowing in the U.S. and world economies next year could ease the impact of reduced aluminum supplies. "But if the world economy doesn't fall completely apart, then [aluminum] prices are going to rise, and they could rise significantly more than the current forecast," he said. In Kaiser's case, it's an open question how much of its electric windfall it will keep. Kaiser is contractually entitled to buy electricity from Bonneville at $22.50 a megawatt per hour, says spokesman Scott Lamb. That is the power it has sold back to Bonneville for $550 a megawatt hour for December. But the Bonneville Authority is pressuring Kaiser to use these and future profits from power resales to compensate employees at the shut-down plants, to invest in new electric generating capacity, or even to refund to Bonneville's other customers, said Bonneville spokesman Ed Mosey. Kaiser and Bonneville have negotiated a new power purchase deal to take effect after next October, but the power authority says it intends to reduce deliveries to Kaiser if the company tries to pocket the electricity sale profits. "Out here, a deal is a deal, but it has to be a moral deal. There has to be an ethical dimension to this and we're not shy in trying to make sure they live up their advantage in having access to this publicly-owned power," Mosey said. , 2000 The Washington Post Company
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113
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8.
6ce3aafd-7904-4824-85be-7d9b77a666c9
Mon, 11 Dec 2000 09:12:00 -0800 (PST)
Re: EIM Due Diligence: Nymex, Enron Gas Data
Catherine: Sorry it's been so long since I could respond. With the craziness here I am way behind on everything. #1. 3 years #2. volume way down on exchange recently with recent volatility. volume probably averaging 25000 these days. EOL volume averaging around 14000. Very high percent of market. Current market conditions shows why our transactional model of being one side of every trade is superior. #3. good liquidity first 3 years. okay liquidity years 4-6. #4. calendar 2004-2008 maybe 1 trade a day. 70% chance Enron is one side. calendar 2009-2013 very rare that it trades.
Catherine Pernot@ENRON 12/01/2000 02:31 PM To: John Arnold/HOU/ECT@ECT cc: Subject: EIM Due Diligence: Nymex, Enron Gas Data Per my voicemail, I've included a list of the Investors' questions and preliminary answers. The answers are attempts by our group, Bob Crane and Bryon Hoskins but need confirmation by you. Would you mind giving us some feedback for #4 as well? I could not find these numbers. These are again going to be forwarded to Bain Capital, the potential equity investor in the pulp, paper and steel net works fund. They are in their final stages of due diligence and are comparing pulp and paper facts with gas. (They are under a confidentiality agreement). Please call with any questions Thank you, Catherine Rentz Pernot X57654 1. # of years of NYMEX visibility on the typical gas curve. 3 years 2. # of daily trades on NYMEX, in total and for Enron specifically. 102,492 daily trades on NYMEX (11/28/00)and ours amounts to 8,061 per day (usually around 10% daily NYMEX trades) 3. length and nature of "price discovery" windows past the NYMEX portion of the gas curve (e.g., 7 years of visibility provided by proprietary market making past NYMEX, then 10 years of macro / industry average assumptions). NYMEX price discovery equates to about 3 years. Liquidity of the market and proprietary market information equates to about 2 years after that with the remaining portion coming from more macro industry information. 4. trade volume data (# of daily trades as well) for each 5 year increment of the gas curve beyond the NYMEX portion, in total and for Enron specifically. ??
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166
454
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80.
75775cea-7438-420b-af28-35f45d0f9b0d
Tue, 24 Oct 2000 09:07:00 -0700 (PDT)
Re: Gas Org Chart
Brian Hoskins is an analyst who rotated off the gas floor. Pete Keavey now reports to Scott Neal My aa is Ina Rangel Enron North America Corp.
From: Tammy R Shepperd 10/24/2000 08:06 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Gas Org Chart John, Do you have any changes or vacancies? Also who is your administrative assistant? Thanks, Tammy x36589 ---------------------- Forwarded by Tammy R Shepperd/HOU/ECT on 10/24/2000 08:06 AM --------------------------- Enron North America Corp. From: Tammy R Shepperd 10/23/2000 01:02 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Gas Org Chart John, Attached is the org chart with updates I have received to date. Please review your organization and advise if you have changes. I'd like to give Dave and John updates this evening. Thanks, Tammy
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276
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01763268-076d-4e6c-b7c9-6c6229d5b285
Thu, 21 Dec 2000 06:40:00 -0800 (PST)
Re:
i know Jennifer Shipos
12/21/2000 12:45 PM To: [email protected] cc: Subject: Thanks. You're the best!
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8
40
arnold-j
802.
2866233c-7923-45f2-ac30-91485fcd3187
Wed, 20 Dec 2000 08:56:00 -0800 (PST)
Re: APIs
Any idea what amount of switching in gas equivalents does the implied demand of resid equate to?
From: Jennifer Fraser 12/20/2000 03:05 AM To: John Arnold/HOU/ECT@ECT cc: Subject: APIs JA: See note on switching. It is hard to monitor the distiallte because any switching is being absorbed by the incessant arrival of European cargoes. We hope to have you guys some better numbers before the end of the week. ---------------------- Forwarded by Jennifer Fraser/HOU/ECT on 20/12/2000 09:00 --------------------------- Alex Mcleish@ENRON 20/12/2000 02:40 To: London, [email protected], Sarah Mulholland/HOU/ECT@ECT cc: Subject: APIs PIRA report attached - bit uninspired this week, like the stats. Crude went back to the usual pattern and built 2 .4 mbbls, as opposed to an implied draw (excl SPR) of 2 (although half of this in PADD 5). Perhaps surprisingly, runs were down again, but most of this was non-CDU, and gasoline bore the brunt of the output drop as a result. Distillate demand, the main factor to watch, did fall, but not by much (240 kbd), and only another weak import showing prevented a build. The cold weather and switching are definitely having an impact, as this demand is well above last year's Y2K inflated levels. Most of the draw was in low sulphur material, but PADD 1 still suffered a 500 kbbls drop in heating oil stocks. However, it does sems to be building up in PADD 3. Gasoline stocks did build, but interestingly only in blending components, not the finished material. Evidence of high gas prices impacting on production? Stocks rose in PADD 1 by almost the same amount as they fell in PADD 3. Imports were very strong, however, at 500 kbd. Again, the real shoker was resid - demand up 57% to 1600 kbd, an incredibly high number, and clear evidence (if repeated next week) of switching.
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522
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803.
bc7f2ff0-06a0-4692-9587-4962449115c9
Tue, 19 Dec 2000 08:55:00 -0800 (PST)
Re: confidential employee information-dutch quigley
thx Jeanie Slone
12/19/2000 04:51 PM To: John Arnold/HOU/ECT@ECT cc: Subject: confidential employee information-dutch quigley Dutch requested a meeting with me today and I gave him the scoop on the promotion. I will follow-up with him after our meeting the first week of Jan. He was ok with everything. let me know if you need anything else. ---------------------- Forwarded by Jeanie Slone/HOU/ECT on 12/19/2000 04:45 PM --------------------------- Jeanie Slone 12/19/2000 10:09 AM To: John Arnold/HOU/ECT@ECT cc: Ted C Bland/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT Subject: confidential employee information-dutch quigley John, As we discussed earlier, ENA HR is working with the A/A program to develop a process for placing sr. spec into associate titles. Unfortunately, that process has not been finalized and as such, Dutch is not yet an associate. Ted is finalizing the process this week and it will likely require Dutch to interview with 4 other commercial managers outside of ENA. Additionally, there are two other sr. spec. on the gas trading floor in similar situations and we will be discussing them at a promotion meeting to be held the first week of Jan. I would like to handle all of these consistently and had planned to include Dutch's promotion in this discussion. I would recommend that we hold on a title change for Dutch until after this meeting and manage it through the promotions process. Per the message attached below, Dutch believes he has already received the title change. Please clarify the situation with him at your earliest convenience. If you need my assistance with this please let me know. I apologize if there was any confusion from our previous discussions. Please contact me with any questions/concerns. ---------------------- Forwarded by Jeanie Slone/HOU/ECT on 12/19/2000 09:21 AM --------------------------- people.finder@ENRON 12/19/2000 09:19 AM Sent by: Felicia Buenrostro@ENRON To: [email protected] cc: Jeanie Slone/HOU/ECT@ECT Subject: Re: PeopleFinder Feedback Dutch, Unfortunately, I cannot make that change for you. Please contacct your HR Rep (Jeanne Slone). Your HR Rep can only change your title. Thanks. Felicia [email protected] on 12/18/2000 08:05:19 AM To: [email protected] cc: Subject: PeopleFinder Feedback My job title needs to be updated to ASSOCIATE. Dutch
Jarnold.nsf
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9
678
arnold-j
804.
38c6074e-bf2c-46ac-8f8f-92abdb958510
Mon, 18 Dec 2000 09:19:00 -0800 (PST)
can you program my steno in the offices like the ones on my desk?
Jarnold.nsf
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16
0
arnold-j
806.
cb4528a3-e516-4e4b-9fd2-966e6258f8a7
Mon, 18 Dec 2000 07:36:00 -0800 (PST)
Andy: I just spoke to a guy named Neil Hanover. He is a fund trader for a company in London. He asked the head EOL marketer to give him a call about setting him up on the system. Can you help? his number is 011 44 207 397 0840 john
Jarnold.nsf
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72
0
arnold-j
807.
b5ed63dc-439d-48ba-ab26-5dd0b0e88a83
Mon, 18 Dec 2000 02:57:00 -0800 (PST)
Re: FLU Vaccinations
please remind me Ina Rangel
12/18/2000 10:25 AM To: Matthew Lenhart/HOU/ECT@ECT, Kenneth Shulklapper/HOU/ECT@ECT, Jay Reitmeyer/HOU/ECT@ECT, Tori Kuykendall/HOU/ECT@ECT, Paul T Lucci/NA/Enron@Enron, Barry Tycholiz/NA/Enron@ENRON, Randall L Gay/HOU/ECT@ECT, Patti Sullivan/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Monique Sanchez/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Mike Grigsby/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, John Arnold/HOU/ECT@ECT, Mike Maggi/Corp/Enron@Enron, Larry May/Corp/Enron@Enron, Dutch Quigley/HOU/ECT@ECT cc: Subject: FLU Vaccinations The nurse from the health center will be here on Tuesday, December 19, 2000 to give flu vaccinations to anyone interested. EB3269 3:00 PM - 4:00 PM Tuesday, 12/19/2000 Cost: - free for Enron employees and $10 for contract employess.
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302
arnold-j
808.
44f6be6f-bf02-44fc-be94-0f65eb829b4b
Fri, 15 Dec 2000 05:17:00 -0800 (PST)
Re: O COME ALL YE FABULOUS!
just called they're on vacation for two weeks.......that sucks
"Jennifer White" <[email protected]> on 12/15/2000 12:46:59 PM To: [email protected] cc: Subject: Re: O COME ALL YE FABULOUS! OK, you don't have to twist my arm. 5 more hours... I can't wait! Jen ---- [email protected] wrote: > > hey: > any interest in seeing cirque du soleil saturday? > > ___________________________________________________________________ To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax, all in one place - sign up today at http://www.zdnetonebox.com
Jarnold.nsf
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14
174
arnold-j
809.
f42681db-62fa-4706-801f-b628fe773655
Fri, 15 Dec 2000 03:33:00 -0800 (PST)
Re: O COME ALL YE FABULOUS!
hey: any interest in seeing cirque du soleil saturday?
Jarnold.nsf
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15
0
arnold-j
81.
a137191b-7d53-464d-a4ca-b7fcdafd5174
Mon, 23 Oct 2000 10:00:00 -0700 (PDT)
Re:
Do you know my hr rep's name? Jennifer Burns
10/23/2000 04:09 PM To: John Arnold/HOU/ECT@ECT cc: Subject: You are such a Shit Head!!!!!
Jarnold.nsf
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14
39
arnold-j
82.
29803838-5713-4add-a758-6c56be382494
Mon, 23 Oct 2000 04:00:00 -0700 (PDT)
Re: Create a new NT group
pretty much all traders
Brian Hoskins@ENRON COMMUNICATIONS 10/23/2000 10:51 AM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: Create a new NT group John, Here is the current list of traders we have for the chat program. Do you want to include all traders or just desk heads and selected others? Brian
Jarnold.nsf
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88
arnold-j
83.
4359dcb4-5267-4ca7-aece-d833735bd4ed
Mon, 23 Oct 2000 03:59:00 -0700 (PDT)
Re:
you just might never get it back
"Jennifer White" <[email protected]> on 10/23/2000 08:57:44 AM To: [email protected] cc: Subject: Re: Maxwell. I left it at your apartment, so you still have it. ---- [email protected] wrote: > > hey: > what was the first cd we listened to on Wednesday at my place? > john > > ___________________________________________________________________ To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax, all in one place - sign up today at http://www.zdnetonebox.com
Jarnold.nsf
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7
161
arnold-j
85.
f046b28e-51bc-4e13-9b85-26ffce5394b8
Mon, 23 Oct 2000 00:30:00 -0700 (PDT)
Re:
No, i thought you would have known. don't tell shank i told you. Jennifer Burns
10/22/2000 07:24 PM To: John Arnold/HOU/ECT@ECT cc: Subject: Re: WHAT????????? You are shitting me!!!!!! John Arnold 10/22/2000 06:26 PM To: Jennifer Burns/HOU/ECT@ECT cc: Subject: Re: i heard he's interviewing to be Shankman's right hand man Jennifer Burns 10/20/2000 02:12 PM To: John Arnold/HOU/ECT@ECT cc: Subject: I saw Bill Perkins today, he was on 33. I heard someone call my name and I was like hey Bill. Weird huh?
Jarnold.nsf
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24
169
arnold-j
86.
2ae0cb14-0aae-4038-bc51-8319ec8255e1
Sun, 22 Oct 2000 11:31:00 -0700 (PDT)
hey: what was the first cd we listened to on Wednesday at my place? john
Jarnold.nsf
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19
0
arnold-j
87.
fe56eec6-6a6a-4dc1-a2e9-f6778e7f6dd4
Sun, 22 Oct 2000 11:28:00 -0700 (PDT)
Re: (no subject)
still have not received credit for funds wired 11/16. Please advise.
World Sports Exchange <[email protected]> on 10/19/2000 06:15:50 AM Please respond to [email protected] To: [email protected] cc: Subject: Re: (no subject) Hi, If you sent a bank wire on Monday then it should take about 2-3 days to be credited to your account, but sometimes it takes one or two days longer. So, if you don't see it today, please give us a call at 888 304 2206 and ask for either Maria or Juliette in the accounts department and they will assist you. Thanks, WSEX [email protected] wrote: > Hello: > I have not yet received credit for a $1500 wired on Monday for account > "Lavorato"
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16
203
arnold-j
88.
8b679dcb-6eb8-4d81-8964-d5ae5ce4ba1e
Sun, 22 Oct 2000 11:26:00 -0700 (PDT)
Re:
i heard he's interviewing to be Shankman's right hand man Jennifer Burns
10/20/2000 02:12 PM To: John Arnold/HOU/ECT@ECT cc: Subject: I saw Bill Perkins today, he was on 33. I heard someone call my name and I was like hey Bill. Weird huh?
Jarnold.nsf
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18
63
arnold-j
89.
829514dd-1bf8-45e0-881f-1d55209760e6
Sun, 22 Oct 2000 11:23:00 -0700 (PDT)
Andy: I tried to open EOL at 4 on Sunday, but we had systems problems that delayed the opening until 6:05. This is the third time in four or five sessions when EOL had problems on Sunday. Anything you can do to improve reliability would be appreciated. John
Jarnold.nsf
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67
0
arnold-j
9.
0d85b783-bb77-4772-bfc3-84ef22321a64
Mon, 11 Dec 2000 09:04:00 -0800 (PST)
re:summer inverses
a couple more thoughts. certainly losing lots of indutrial demand both to switching and slowdown in economy. Big 3 automakers all temporarily closing plants for instance. switching is significant and has led to cash in the gulf expiring weak everyday. gas daily spread to prompt trading at $1....need some very cold weather to justify that. this seems to be the test of the next 3-5 days. Will the switching/loss of demand/storage management keep cash futures spread at reasonable levels or will it blow to $5+. Not too many years ago we had a $50 print on the Hub. unless we get some crazy prints, you have to question the steep backwardation in the market. funny watching the flies in the front. Bot large chunk of g/h/j at $.50 friday morning. probably worth 1.30 now. crazy. people have seen each front spread be weak since forever and are already starting to eye up g/h. what's the thoughts on distillates... is it tight enough such that gas switching is the marginal mmbtu of demand and pulls it up or is the market too oversupplied to care?
Jarnold.nsf
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284
0
arnold-j
90.
75f75ee7-3126-4096-8374-bab6e5ce492b
Sun, 22 Oct 2000 10:52:00 -0700 (PDT)
Re: How are you today
Adam: Hope your interview goes well. Things are going crazy in the gas market so, unfotunately, I'm stuck at my desk and can't go up for interviews. As far as the interview goes, my advise would be the same as any interview. Be confident. Answer the question asked. Don't be afraid to say you don't know but don't make excuses. Express interest in why you find Enron appealing compared to the other 100 companies interviewing. The trading training program is still in the works. Few people outside the trading area are even aware of its existence at this point so I wouldn't ask any questions about it in the interviews. If you receive an offer, it would probably be for a normal analyst position with the opportunity to enter the training program when you arrive. Not sure about that last statement though. The training program is geared towards our two most mature and pure trading business areas: gas and power. There are still a large number of other trading spots in our developing commodities side that would not fall under the program. That's a function of the program being developed by the head of these two businesses. Not ready to take it corporate-wide yet. Write me about how your interviews went. Good luck: John
"Adam Bayer" <[email protected]> on 10/19/2000 03:28:57 PM To: <[email protected]> cc: Subject: How are you today Hi John, How are you today? You must be pleased with Enron's most recent numbers. Could you tell me a little more about the trading training program? You mentioned you wanted to expand it to two years, but what does the extra year entail? I have been selected for an interview next Monday, and I look forward to seeing you again. Do you have any tips on approaching the interview process? I have poured over the company website, and if you have any tips I would love to hear them. Thanks for your time, and I hope to see you Monday. Cordially, Adam Bayer
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307
202
arnold-j
91.
ce494ab2-79ad-4caa-9409-be3223a75618
Sun, 22 Oct 2000 10:30:00 -0700 (PDT)
Re: Mexico Industrial
Hello: I received this by mistake.
Rick Curry <[email protected]> on 10/21/2000 05:45:42 PM To: Jennifer Stewart Arnold <[email protected]> cc: Subject: Mexico Industrial > MIHC is a consulting firm with offices in Mexico City and > Los Angeles. We specialize in assisting foreign national > corporations with regard to their real estate interest in > Mexico. > > Currently our M,xico City office is representing a client regarding the disposition of their surplus corporate assets in country. > > They have three properties which may be might be of > interest. > > 1. Light to Heavy Industrial building in Tula, Hidalgo (a > well-populated industrial valley roughly 50 miles north of > Mexico City). Deluxe all brick and concrete building is > approximately 98,500 square feet with clear span ceiling > height in excess of 30 ft. The site includes adjacent land, > which would allow more than doubling the size of facility. > Located in front of the PEMEX Hidalgo refinery / > petrochemical plant and a Thermoelectric power generating > station. Factory is equipment ready and could be in full > production quickly. > > 2. Housing complex built for the Tula factory supervisory > personnel consists of 32 three-bedroom garden style > townhouse apartments and an independent eight bedroom > extended stay dormitory for engineers. In a separately > enclosed compound is a 3,800 square foot deluxe residence > with 4-car garage designed for the plant manager or visiting > officials. The property contains appropriate recreational > and sports areas for families. It is entirely gated and > fully secured. > > 3. Development site City of Puebla. This highly visible 8.7 > acres of flat land fronts the Puebla-Mexico City > superhighway at a formal exit. It is at the entrance corner > to an industrial area of other trans-national manufactures. > Site is located approximately 5.5 miles north of the > Volkswagen assembly plant. > > Prefer selling items 1 & 2 as a package, but will entertain > separate offers. Would also consider long term lease with a > creditworthy corporate tenant. > > With respect to item 3, a build to suit, again a > long-term lease with a credit worthy corporate tenant is > possible. > > All properties are surplus assets and therefore very > aggressively priced. Factory and housing offered at > substantially below replacement cost. > > For more information on these items and other services we > provide in Mexico please visit our web site. > > http://www.MIHC.com.mx > > In the US: > > Rick Curry > General Counsel > MIHC - Los Angeles > PH 213-308-0300 > email to: [email protected] > > In Mexico: > > Ari Feldman, CCIM, SIOR, CIPS > Director General > MIHC - Mexico City > Phone from the US (011) (52) 5286-3458 > email to: [email protected]
Jarnold.nsf
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9
735
arnold-j
92.
dfbdf9eb-bc41-4423-9309-c3f0d971dcab
Fri, 20 Oct 2000 08:25:00 -0700 (PDT)
Re:
6 months severence minus any errors Jennifer Shipos
10/20/2000 03:22 PM To: John Arnold/HOU/ECT@ECT cc: Subject: How about 6 months severance? Do you think you can work that out for me?
Jarnold.nsf
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14
50
arnold-j
94.
f5588f80-f950-401a-a2f4-103050c18ab9
Thu, 19 Oct 2000 01:01:00 -0700 (PDT)
Re: Look at what I found
think you're pretty clever, don't you?
"Jennifer White" <[email protected]> on 10/18/2000 04:03:59 PM To: [email protected] cc: Subject: Look at what I found http://www.fortune.com/fortune/fastest/stories/0,7127,CS|52390-2,00.html ___________________________________________________________________ To get your own FREE ZDNet Onebox - FREE voicemail, email, and fax, all in one place - sign up today at http://www.zdnetonebox.com
Jarnold.nsf
[]
10
133
arnold-j
95.
d369f7ee-2268-42f6-bfb8-d7e08845592a
Thu, 19 Oct 2000 00:59:00 -0700 (PDT)
rajib: The following are my bids for the asian option: GQ 1 : .41 GQ 2 : .63 GQ 3 : .57
Jarnold.nsf
[]
37
0
arnold-j
96.
d68029b5-b4a3-4293-876e-39906697e4bc
Wed, 18 Oct 2000 02:47:00 -0700 (PDT)
Re: BNP PARIBAS Commodity Futures Weekly AGA Survey
34
[email protected] on 10/18/2000 08:21:15 AM To: [email protected] cc: Subject: BNP PARIBAS Commodity Futures Weekly AGA Survey Good Morning, Just a reminder to get your AGA estimates in by Noon EST (11:00 CST) TODAY. Last Year +42 Last Week +62 Thanks, Michael Byrne BNP PARIBAS Commodity Futures ______________________________________________________________________________ _______________________________________________________ Ce message et toutes les pieces jointes (ci-apres le "message") sont etablis a l'intention exclusive de ses destinataires et sont confidentiels. Si vous recevez ce message par erreur, merci de le detruire et d'en avertir immediatement l'expediteur. Toute utilisation de ce message non conforme a sa destination, toute diffusion ou toute publication, totale ou partielle, est interdite, sauf autorisation expresse. L'internet ne permettant pas d'assurer l'integrite de ce message, BNP PARIBAS (et ses filiales) decline(nt) toute responsabilite au titre de ce message, dans l'hypothese ou il aurait ete modifie. ------------------------------------------------------------------------------ ---- This message and any attachments (the "message") are intended solely for the addressees and are confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accord with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except formal approval. The internet can not guarantee the integrity of this message. BNP PARIBAS (and its subsidiaries) shall (will) not therefore be liable for the message if modified. ______________________________________________________________________________ _______________________________________________________
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1
491
arnold-j
97.
97d011b8-66d1-43b7-be54-5e59b584999b
Tue, 17 Oct 2000 14:01:00 -0700 (PDT)
can you find out if the tech group has scheduled installation of a dsl line in my apartment?
Jarnold.nsf
[]
22
0
arnold-j
98.
66248738-f474-4eb2-a47b-6dc55d182b39
Tue, 17 Oct 2000 12:12:00 -0700 (PDT)
Re: mkts
It's funny the spreads in gas. First, in gas, you can play the seasonality game. Does anybody want to buy M/N at 1 back. No, of course not. But in crude, m/n at .10 back is normal. definitely a game as you try to keep month on month spreads somewhat within reason while preserving year on year spreads and creating equilibrium for where cal 2 on back hedging and spec demand is. that's why cal 2 is as high as it is. when was the last time the most bullish part of the nat gas curve was prompt month. i can't remember w/o looking at charts. it's always the mentality of: if it's tight now what about July or what about winter. i think that's why the winter spreads are a piece. the z/f/g fly is interesting. i think z/f can and will settle backw. just a high prob it goes cantango first. Still seeing sellside interest in term. definitely a result of pira. will probably get absorbed in the next two weeks as everybody forgets about them and watches the front of the curve. previous to that conference, the producers just didnt want to sell anything. tired of writing us a big check every month. so not only am i in on weekends, but they just put a computer in my house so i can work at home at night. it's really my only time to sit and think without the phones and eol going crazy. they better pay me for the decline in my lifestyle .
[email protected] on 10/15/2000 09:26:31 PM To: [email protected] cc: Subject: Re: mkts what is a young pup like you doing working on saturday? yea ill check again the numbers but pretty sure they said +3 bcf by dec. ill let you know/its been along week/weekend of partying in ny so my memory mite be failing me. i know this isnt same as crude-less mature but getting there so im always wondering if/when the mentality will start to go more that way-ie inverses shud be for only 1 reason-that supply/demand balance will get less tite than it is today. some length has gotten out of winter sprds but i know from a few i talk too they still in-im out even slitely short not much cuz i think growing deliverabilty if it occurs is bearish the sprds-and 30 cts inverses will be hard to maintain unless we have crazy weather. we're only 2 weeks from withdrawel period so unitl i see cash backwardate im not gonna be bullish these sprds until all the length bails. your rite on the mkt-the anticipation is in the mkt-you gotta have flat px to make money,my approach in the short term as well. that said everyone at pira including pira all bull bull the winter-will be good i think for a win/sum01/win02 inverse play even tho its not cheap. fyi-pira also bearish crude-not saying they rite but will have impact on natgas producers sentiment short term-esp as mideast starts to fiad. for you be careful of the politics effecting heating oil, natgas watching too. there will be some action in my opinion next 4 weeks by govt that cud impact ho futs negatively and therefore may roll to natgas-ie if ho goes a big discount to natgas before any major cold-gas will get hit i think. if i hear anything on oil side ill be happy to pass it on-apprec comment on producers not that im surpirsed, wonder if they start going out further esp with forward sparks getting hit lately?? good luck man-talk soon. pira was good. you go next year ill set up you some interesting people,good to network cuz we never know where we'll end up. by the way-you bullish sum 02/win 02 or are you rolling a short? non of my biz but i was on the other side-ill add if it narrows more. inkjections next summer will be huge albeit from low stx-curve will mean revert eventually.
Jarnold.nsf
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371
645
arnold-j
99.
a140695d-bad1-4431-a7b6-464abd347640
Tue, 17 Oct 2000 11:59:00 -0700 (PDT)
Video for Enron Management Conference
Please call her and schedule
---------------------- Forwarded by John Arnold/HOU/ECT on 10/17/2000 06:52 PM --------------------------- MARGE NADASKY 10/17/2000 08:53 AM To: Danny McCarty/ET&S/Enron@Enron, Shelley Corman/ET&S/Enron@ENRON, Bill Cordes/ET&S/Enron@ENRON, John Arnold/HOU/ECT@ECT, Janet R Dietrich/HOU/ECT@ECT, Gene Humphrey/HOU/ECT@ECT, Michael Kopper/HOU/ECT@ECT, Paul Racicot/Enron Communications@Enron Communications, Ed Smida/Enron Communications@Enron Communications, Mark Palmer/Corp/Enron@ENRON, Dan Leff/HOU/EES@EES, Elizabeth Tilney/HOU/EES@EES, Marty Sunde/HOU/EES@EES, Charlene Jackson/Corp/Enron@ENRON, Kirk McDaniel/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT cc: Terrie James/Enron Communications@Enron Communications Subject: Video for Enron Management Conference We need you -- for the Management Conference video We are working with the Office of the Chairman in preparing a video that celebrates how Enron has reinvented itself many times over in the last 15 years, which is the theme of this year's Enron Management Conference. We will be videotaping members of the Enron Executive Committee this week who will be sharing and swapping stories with each other about Enron's past. Then we will fast forward to today -- that's where you come in. We want each of you to talk about what you and your group are doing right now that represent how Enron continues to change and reinvent itself. We will be videotaping October 24 and 25 in EB-50M05. Please call or e-mail Marge Nadasky on Ext. 36631 as soon as possible to schedule a time that works best for you on either of these days. We expect the taping will only take 20 minutes or so. Again, your comments will help make this video fun and informative. Thanks for your participation.
Jarnold.nsf
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5
530
arnold-j
1.
36b0c51a-9abc-4f5d-9d2e-c1ddfc1c9a27
Fri, 16 Nov 2001 11:22:55 -0800 (PST)
RE: Columbia Energy Services Trades
Michelle, Do you have any more information on these trades? (such as trade date, beginning and ending dates) Thanks. -----Original Message-----
From: Stevens, Mechelle Sent: Wednesday, November 14, 2001 3:22 PM To: Sayre, Frank; Panus, Stephanie Cc: Aucoin, Evelyn Subject: Columbia Energy Services Trades Frank & Stephanie, Here are the trades that CES claims are not theirs. N67489.4 N67489.5 N91852.1 N92407.1 N92407.2 NE1116.1 NE1787.3 NE1787.4 NK2091.1 NV5353.1 NV5435.1 NW7628.1 NW7721.1 Please let me know if you need additional information. Regards, Mechelle x37278
spanus (Non-Privileged).pst
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186
phanis-s
2.
993d9b54-4c38-4bbf-b3c2-595b1c77b6c8
Wed, 28 Nov 2001 06:56:07 -0800 (PST)
FW: Columbia Energy Services Trades
Diane, Below is a list of gas trades that were originally between Columbia Energy Services and ENA, which Settlements is trying to reconcile. CES says they are not their trades, and they do not appear to be part of the trades that were assigned from CES to New Power. Can you give me anymore information on them? Thanks. Stephanie Panus Enron Wholesale Services ph: 713.345.3249 fax: 713.646.3490 -----Original Message-----
From: Stevens, Mechelle Sent: Wednesday, November 14, 2001 3:22 PM To: Sayre, Frank; Panus, Stephanie Cc: Aucoin, Evelyn Subject: Columbia Energy Services Trades Frank & Stephanie, Here are the trades that CES claims are not theirs. N67489.4 N67489.5 N91852.1 N92407.1 N92407.2 NE1116.1 NE1787.3 NE1787.4 NK2091.1 NV5353.1 NV5435.1 NW7628.1 NW7721.1 Please let me know if you need additional information. Regards, Mechelle x37278
spanus (Non-Privileged).pst
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186
phanis-s
3.
674d9f15-7e4a-4d15-8f4b-5fb80cf750d6
Thu, 20 Dec 2001 10:08:29 -0800 (PST)
Return of LC
FYI - I received a call from Ryan Youngblood of Kona Ltd. (281-820-7889) requesting the return of the letter of credit Kona posted to ENA in connection with an ISDA Master Agreement.
spanus (Non-Privileged).pst
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49
0
phanis-s
4.
60dcb21f-36e9-4e86-a87c-a3b2c9534e03
Thu, 27 Dec 2001 11:45:00 -0800 (PST)
FW: Ameren
-----Original Message-----
From: Sager, Elizabeth Sent: Thursday, December 27, 2001 1:31 PM To: Panus, Stephanie Subject: RE: Ameren Hi Stephanie Will you forward this message regarding Ameren to Don Miller (assets), Kevin Presto and Ed Baughman. Thanks -----Original Message----- From: Panus, Stephanie Sent: Thu 12/27/2001 1:13 PM To: Sager, Elizabeth; Hansen, Leslie; Murphy, Harlan; Nettelton, Marcus Cc: Portz, David Subject: Ameren We have received a termination notice from Ameren, which is one of the counterparties identified by David for resuming scheduling of power. Let me know if you would like a copy of the notice.
spanus (Non-Privileged).pst
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4
176
phanis-s
1.
2effec39-71b6-484c-9f64-bcfe9e2c41ae
Wed, 13 Dec 2000 04:51:00 -0800 (PST)
Re: FT Energy
I take it back, I am familiar and I think you guys did a great job getting this done with them. This is a great first step in our ultimate goal.
jlavora.nsf
[]
37
0
lavorato-j
102.
5c8c2cbf-b620-4605-9202-0756a3e5cb34
Mon, 13 Nov 2000 05:54:00 -0800 (PST)
Re: Canadian Tax Mitigation
I thought we should have be taxable to the toon of 100 Million. Give me a call when you get a chance.
jlavora.nsf
[]
28
0
lavorato-j
103.
c3e1484e-4fe1-4ab1-9924-ed30eab8257b
Mon, 13 Nov 2000 05:51:00 -0800 (PST)
Re: Canadian Enerdata Ltd.
Just keep pushing forward. We'll figure this out as we go. Lavo
jlavora.nsf
[]
20
0
lavorato-j
104.
417e8fee-8993-47ac-80c9-150ccd95fc31
Thu, 9 Nov 2000 09:16:00 -0800 (PST)
Information
Max, John is currently evaluating the current HR list for Commercial Managers, Directors and VP's that are eligible for bonus. The current list shows two commercial employees reporting to you. They are Steven Irvin, Manager and Matthew Duffy, Manager. Could you please respond to this email and confirm this information. Your prompt response would be appreciated. Thank you, Kim x30681
jlavora.nsf
[]
95
0
lavorato-j
105.
eccbb918-8a96-4d9c-a701-43f7ab82bda0
Thu, 9 Nov 2000 09:10:00 -0800 (PST)
Information
Rob, John is currently evaluating the current HR list for Commercial Managers, Directors and VP's that are eligible for bonus. Please review the list below of these commercial employees that report up to you, directly or indirectly, and let him know if you see any discrepancies. Your prompt response would be appreciated. Thank you, Kim x30681 Derek Davies Director Barry Tycholiz Director Paul Devries Director Jeff Borg Director Eric Le Dain Director Cyntia Di Stefano Manager Kyle Kitagawa VP Duncan Croasdale Manager William Greenizan Manager Dean Drodziak Manager Howard Sangwine Manager Garrett Tripp Manager Jan Wilson Manager
jlavora.nsf
[]
173
0
lavorato-j
106.
c473659c-7ebc-497c-99db-25fa3e518f3d
Thu, 9 Nov 2000 09:05:00 -0800 (PST)
Information
Tim, John is currently evaluating the current HR list for Commercial Managers, Directors and VP's that are eligible for bonus. Please review the list below of these commercial employees that report up to you, directly or indirectly, and let him know if you see any discrepancies. Your prompt response would be appreciated. Thank you, Kim x30681 Michael Swerzbin VP Sean Crandall VP Mark Fischer Manager Matthew Motley Manager Timothy Heizenrader Director Thomas Alonso Manager John Forney Manager Holli Krebs Director Christopher Foster Director Jeffrey Richter Manager Gregory Wolfe VP Diana Scholtes Manager Robert Badeer Manager Kimberly Ward Manager John Malowney Manager Stewart Rosman Director David Ellis Manager
jlavora.nsf
[]
196
0
lavorato-j
107.
64369bca-dd25-4bd7-a808-7da120f0e5e3
Thu, 9 Nov 2000 08:53:00 -0800 (PST)
Information
Chris, John is currently evaluating the current HR list for Commercial Managers, Directors and VP's that are eligible for bonus. Please review the list below of these commercial employees that report up to you, directly or indirectly, and let him know if you see any discrepancies. Your prompt response would be appreciated. Thank you, Kim x30681 Jacob Thomas VP Frank Vickers Director David Parquet VP Michael McDonald VP Douglas Dyer Director Jeffrey Shields Director Terry Donovan Manager Jeffton Slaughter Director Mark Fillinger Director David Kates Manager James Gilbert Director David Fuller Manager Ron Coker Manager Jonalan Page Director Laura Wente Manager Elliot Mainzer Manager Michael Etringer Manager James Buerkle Manager Todd Perry Manager Saji John Manager Stephen Thome Manager Paul Choi Manager
jlavora.nsf
[]
212
0
lavorato-j
108.
d81428c0-6b91-4d01-a216-b9dd2e1789c3
Tue, 7 Nov 2000 01:37:00 -0800 (PST)
3rd Request - RESPONSE NEEDED ASAP - Risk Mgmt. Compliance Certificate
This person seems confused. Please advise.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 11/07/2000 09:31 AM --------------------------- From: Cassandra Schultz on 11/06/2000 08:30 PM Sent by: Araceli Romero To: John J Lavorato/Corp/Enron@Enron cc: Brian Hoskins/Enron Communications@Enron Communications, Judy Townsend/HOU/ECT@ECT, Brad McKay/HOU/ECT@ECT, Kate Fraser/HOU/ECT@ECT, Robin Barbe/HOU/ECT@ECT, Sarah Mulholland/HOU/ECT@ECT, Sandra F Brawner/HOU/ECT@ECT, Patrice L Mims/HOU/ECT@ECT, Tom Donohoe/HOU/ECT@ECT, Andrew H Lewis/HOU/ECT@ECT, Fletcher J Sturm/HOU/ECT@ECT, Geoff Storey/HOU/ECT@ECT, Kevin Ruscitti/HOU/ECT@ECT, Martin Cuilla/HOU/ECT@ECT, Joe Parks/Corp/Enron@ENRON, Jim Schwieger/HOU/ECT@ECT, Carey M Metz/HOU/ECT@ECT, Elsa Villarreal/HOU/ECT@ECT, Steven P South/HOU/ECT@ECT, Frank Ermis/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, John Craig Taylor/HOU/ECT@ECT, [email protected] Subject: 3rd Request - RESPONSE NEEDED ASAP - Risk Mgmt. Compliance Certificate John Lavorato, Please note that from the European Natural Gas Commodity Group, I have not received a signed Certificate of Compliance from the following: Brian Hoskins Tricia Talpek Judy Townsend Brad McKay Kate Frasier Robin Barbe Sarah Mulholland Sandra Brawner Patrice Mims-Thurston Tom Donohoe Fletch Sturn Geoff Storey Kevin Ruscitti Martin Cuilla Joe Parks Jim Schwieger Carey Metz Elsa Villarreal Craig Falbaum Steve South Frank Ermis Keith Holst John Craig Taylor Robyn Menear Please print and sign the attached Enron Corp. Risk Management Policy Certificate of Compliance and fax directly to Veronica Valdez, fax # 713 646 2194. Due to certain regulatory audits of our trading businesses, we would like to receive these by the end of this week. Attached is a copy of the Certificate of Compliance, and the Enron Corp. Risk Management Policy. If you have any questions, please call me at (713) 853-0429, or Veronica Valdez at (713) 853-1881. Regards, Cassandra Schultz Market Risk Management
jlavora.nsf
[]
9
658
lavorato-j
11.
63355967-b188-428b-b0eb-e21f357cac34
Sun, 10 Dec 2000 23:47:00 -0800 (PST)
The following points refer to the methodology that we are taking to rebook the New Albany Plant. Please send me a note immediately if you disagree. Assume that NewAlb is a non mark to market entity and Enron is the mark to market entity. However, it is fully owned and operated by us for now. * The power mark to market book will pay NewAlb a capacity payment of $4.87 for 5 years. We shaped this payment as follows: 2001 - $5.06 2002 - $4.96 2003 - $4.86 2004 - $4.75 2005 - $4.65 * This payments allows Enron to supply gas to NewAlb and receive power. * Enron will pay NewAlb $1000 per unit start. * Enron will also pay NewAlb $2.00/MW hour for varialbe o&m. * This will create an entity "NewAlb" that will return 9% assuming a book value of $336/kw on
12/31/2005 vs. 409 currently. * If NewAlb pays the 9% out that entity should be relatively flat each year for the next five.
jlavora.nsf
[]
241
38
lavorato-j
113.
e4beea3c-81ea-48c2-88a1-c582afa90fad
Thu, 2 Nov 2000 04:32:00 -0800 (PST)
Re: How did I come out on mid-year PRC???
I didn't think that you ever officially reported to me. Let me know. I didn't think I needed to do your review.
jlavora.nsf
[]
31
0
lavorato-j
114.
e5552362-0ec3-489a-89ff-7f4978e23f0b
Thu, 2 Nov 2000 04:30:00 -0800 (PST)
Re: hey
Yes 6437 Mercer St. Houston Tx 77005 P.S. I hate golf.
jlavora.nsf
[]
27
0
lavorato-j
115.
2133f48f-6530-4a79-bf2b-8ae504cc65e9
Thu, 2 Nov 2000 03:21:00 -0800 (PST)
Re: MORE PEBBLE BEACH
The two cheap guys - Tycholiz and Lavorato Change Milnthorp to Calger.
jlavora.nsf
[]
25
0
lavorato-j
116.
602eb490-cd49-4c2a-85a8-307c60ba520c
Wed, 1 Nov 2000 08:43:00 -0800 (PST)
I have a meeting tomorrow. Can you tell me what total power demand in in the East and the West and what Enron's volumes are.
jlavora.nsf
[]
32
0
lavorato-j
119.
0876aa9b-7e97-4312-a9e3-83e8182a282b
Wed, 1 Nov 2000 05:19:00 -0800 (PST)
Re: PEBBLE BEACH UPDATE
John Lavorato Amex 371385129301004 Exp 06/03 Dave Delainey Rob Milnthorp Barry Tycholiz Book us 3 rooms and make sure that we can have 2 beds in one of the rooms. Thanks John
jlavora.nsf
[]
65
0
lavorato-j
12.
4d1f39dc-e122-4044-903c-a5d10988d498
Sun, 10 Dec 2000 23:20:00 -0800 (PST)
Sheila Can take the current spreadsheet attached and add the origination prc resuslts under the proposed cash bonus categy. The vp commercial page is the only relevant page. Please send that back when your done.
jlavora.nsf
[]
54
0
lavorato-j
125.
52f9ffa6-d73d-4a39-8274-4456c8da8c1b
Tue, 31 Oct 2000 00:43:00 -0800 (PST)
Enron Direct Systems for Canada
It's strarting.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/31/2000 08:37 AM --------------------------- Beth Perlman @ ECT 10/31/2000 08:29 AM To: John J Lavorato/Corp/Enron@Enron cc: Subject: Enron Direct Systems for Canada John, Just to keep you in the loop. I've been asked to assist with this effort. I am more than happy to do so. I'm going to use consultants and charge it directly to Enron Canada. Beth ----- Forwarded by Beth Perlman/HOU/ECT on 10/31/2000 08:27 AM ----- David Pope 10/30/2000 05:27 PM To: Mark Pickering/LON/ECT@ECT, Beth Perlman/HOU/ECT@ECT cc: Charlie Crossley Cooke/LON/ECT@ECT, Daniel Maitland/LON/ECT@ECT, Rob Milnthorp/CAL/ECT@ECT Subject: Enron Direct Systems for Canada Mark and Beth; Further to our discussions, I have followed up with Beth to talk about resources to build the Enron Canada retail business. She has suggested the we use Cap Gemini to help convert Daniel's systems for the Canadian business. I have also given Beth a name of a systems guy that came recommended that would be an employee here to help translate the differences in the markets and would ultimately be the Dan Maitland of Canada to look after the product as we build the business. I think that it would be very helpful to have Daniel involved in the scoping due to his familiarity with the systems and the settlement requirements with the wires and pipes companies. If Daniel could direct the development out of London, that would be great as well. I heard that he did a great job on the Spanish effort. Dave Delainey and John Lavorato are supportive of building this business here and the Canadian president(Rob Milnthorp) is also keen to grow this business. I think that we can be much more effective using the UK systems than trying to build our own from scratch. I would rather build this without looking to the EES IT resources out of Houston, as I believe that we will be more successful importing the latest ED systems and modifying them for this market in time for market opening--just 2 months away. I really appreciate your help on this, and hope that we can work together to deliver another success to Enron as a whole. I'm sure glad that I know you guys as I know that I will end up with a product that works for us. Don't worry, I will not try any coding myself. Best regards to you both, and I hope you are staying DRY in wet old London Mark. Cheers, Dave
jlavora.nsf
[]
6
684
lavorato-j
126.
dcec870a-f62e-4516-b5fa-27ac119f321c
Mon, 30 Oct 2000 09:41:00 -0800 (PST)
Re: Request for Bio
John Lavorato Joined Enron in August 93 as an Associate. Moved to Calgary and built Canadian business. Made President of Canada in Early 99. Moved back to Houston Early in 2000 to run North American Trading. Named COO Enron North America in August. Undergrad in Canada - University of Western Ontario. MBA - Northwestern. CFA. If You need anything else give me a call John
jlavora.nsf
[]
107
0
lavorato-j
13.
fca8400a-b5ae-43b2-898e-f0c64c798288
Sun, 10 Dec 2000 08:17:00 -0800 (PST)
Re:
Hickerson always claims that they have var by trader.
jlavora.nsf
[]
12
0
lavorato-j
130.
5854fda4-71b2-4b22-acb3-5e0a7bc4ca64
Mon, 30 Oct 2000 04:28:00 -0800 (PST)
Price Caps
As requested.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/30/2000 12:23 PM --------------------------- From: Tim Belden @ ECT 10/27/2000 05:40 PM To: John J Lavorato/Corp/Enron, Dave Delainey, Mike Swerzbin/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, Sean Crandall/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT, Jeff Richter/HOU/ECT@ECT, Diana Scholtes/HOU/ECT@ECT, Tom Alonso/PDX/ECT@ECT, Mark Fischer/PDX/ECT@ECT, John M Forney/HOU/ECT@ECT, Paul Choi/SF/ECT@ECT, John Malowney/HOU/ECT@ECT, Holli Krebs/HOU/ECT@ECT, Greg Wolfe/HOU/ECT@ECT, Chris H Foster/HOU/ECT@ECT, Stewart Rosman/HOU/ECT@ECT, Kim Ward/HOU/ECT@ECT, Debra Davidson/PDX/ECT@ECT, Tim Belden/HOU/ECT@ECT, Lester Rawson/PDX/ECT@ECT, John Zufferli/CAL/ECT@ECT, James D Steffes/NA/Enron@Enron, Mary Hain/HOU/ECT@ECT, Christopher F Calger/PDX/ECT@ECT, Dave Parquet, Phillip K Allen/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT, Monica Lande/PDX/ECT@ECT, Elliot Mainzer/PDX/ECT@ECT, Tim Heizenrader/PDX/ECT@ECT, Cooper Richey, Stephen Swain/PDX/ECT@ECT, Susan J Mara/SFO/EES@EES, Steven J Kean/NA/Enron@Enron, Mark Palmer/Corp/Enron@ENRON cc: Debra Davidson/PDX/ECT@ECT Subject: Price Caps The following summarizes recent price cap events in California. I think that I have most of it right. If there is anything wrong or missing please let me know. Please don't share the attached spreadsheet with anyone outside of Enron. Regards, Tim New Cap Specifics On 10/26/2000 the ISO Board passed a motion by a vote of 13-10 to implement a new price cap methodology. The new methodology will become effective 11/3/2000 or as soon thereafter as can be implemented. CAISO staff has indicated that it will be difficult to achieve that start date. They have not yet indicated what an achievable date might be. The new price cap methodology will remain in place until: Comprehensive market changes have been implemented and the market has proven to be workably competitive under a variety of load conditions. Either FERC or the ISO board orders its removal. Cap prices will be based on the average NYMEX L3D settlement average and the following heat rate table: Load Level Heat Rate 4.00 Gas Example Cap <25 GW 10,775 $43.10 25 GW to 30 GW 14,175 $56.70 30GW to 35 GW 17,225 $68.90 35GW to 40 GW 27,225 $108.90 >40 GW $250/MWh $250/MWh Caps will be rounded up to the nearest $5/MWh increment. Demand bids and demand responsiveness programs are exempt from these caps. The ISO will post the price caps for each load level at least 48 hours prior to the beginning of each calendar month. Based on the ISO's two day-ahead system load forecast, the ISO will post hourly caps at least 24 hours prior to the hour of delivery. FERC Context FERC has delegated cap authority to the CAISO until 11/15/2000. The ISO has asserted that they don't need FERC authority since it is a bid cap rather than a sales cap. FERC regulates sales, not purchases, of electricity and therefore can regulate sales prices but not purchase prices. The ISO has filed with FERC for an extension of the price cap authority. FERC has to rule on the filing by 11/18/2000. (Note that this is 3 days after their authority expires) FERC will release its proposed order on 11/1/2000 based on the results of its 206 investigation of the California wholesale power markets. We don't know what they will find or what they will propose. The proposed order will have a 30 day comment period, after which FERC will likely issue a final order. FERC will be accepting oral comments on 11/9/2000 in Washington. Enron still has to determine who will provide oral comments. Many companies have filed at FERC advocating or opposing a litany of price caps, cost based rates, and market redesign recommendations. It is likely that the price caps approved by the ISO board will go into effect. How long they will remain in effect will depend on whether FERC extends the ISO price cap authority and whether the final order stemming from the current 206 investigation stipulates a specific price cap policy. Impact of Price Caps The attached spreadsheet contains a table of likely maximum monthly prices at different gas price levels. We think that this is the highest that markets would clear since it assumes that each hour clears at the cap. It is hard to say whether actual prices would clear significantly lower than the cap because we don't know whether sellers will offer below the cap or at the cap. The assumptions behind our analysis are detailed in the bullets below. Take actual historical loads from 1999 and 2000. Calculate implied price cap for each hour using actual historical load, new price cap methodology, and a range of gas prices. Divide historical hours into peak and off-peak buckets. Calculate average price for each month for peak hours and off-peak hours. For example, we have two years worth of data for the months of January through September. Each month has approximately 400 hours. for January through September, we took approximately 800 observations for each month (400 from each year) and calculated a simple average of all of the individual observations. We created a peak table and an off-peak table. The table shows the calculated implied cap based off of the acutal loads at varying gas prices for each month. This value represents what the month would clear at if each hour cleared at the cap (based on historic loads). While any given hour could be above this value, our calculation estimates the likely monthly average cap value! The blue shading indicates what the caps would be given current (10/27/2000 NYMEX) forward prices. The yellow shading indicates those forward power prices which are in excess of the proposed cap.
jlavora.nsf
[]
3
1,651
lavorato-j
131.
171d367d-66ab-4e33-b9db-13e7209ddabd
Fri, 27 Oct 2000 04:58:00 -0700 (PDT)
Re: Volunteer List
Kevin I know its tough but your groups need to be involved in recruiting as much as possible to keep uplifting the talent in your group.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/27/2000 11:50 AM --------------------------- From: Ted C Bland @ ECT 10/23/2000 07:58 AM To: Janet R Dietrich/HOU/ECT@ECT, Jeff Donahue/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Phillip K Allen/HOU/ECT@ECT, Fred Lagrasta/HOU/ECT@ECT, Fletcher J Sturm/HOU/ECT@ECT, John L Nowlan/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, George McClellan/HOU/ECT@ECT, Jere C Overdyke/HOU/ECT@ECT, Brent A Price/HOU/ECT@ECT, Michael L Brown/Corp/Enron@Enron, Rodney Malcolm/HOU/ECT@ECT, Bryan Burnett/HOU/ECT@ECT, Billy Lemmons/Corp/Enron@ENRON, David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron, Mike McConnell/HOU/ECT@ECT, Jeffrey A Shankman/HOU/ECT@ECT, Jeffrey McMahon/HOU/ECT@ECT, Raymond Bowen/HOU/ECT@ECT, David Oxley/HOU/ECT@ECT cc: Shelly Jones/HOU/ECT@ECT Subject: Re: Volunteer List Here is the updated list of interviewers for Super Saturday's. As you can see the AA Program is still short . We need to make a good showing with our people. To sign up, the interviewers need to go to http://axis.enron.com/notice/ssinvite.asp. Thanks again for your support and help. Ted ---------------------- Forwarded by Ted C Bland/HOU/ECT on 10/23/2000 07:38 AM --------------------------- Shelly Jones 10/20/2000 02:19 PM To: Ted C Bland/HOU/ECT@ECT cc: Subject: Re: Volunteer List On to you sir, I'm short 35 interviewers for Oct 28. The Nov 4 analyst s/s looks like we'll have about 100 candidates - need lots and lots of interviewers. See the attachment below for details. In s/s hell Shelly ---------------------- Forwarded by Shelly Jones/HOU/ECT on 10/20/2000 02:17 PM --------------------------- John Howard Harrison 10/20/2000 01:48 PM To: Shelly Jones/HOU/ECT@ECT cc: Subject: Re: Volunteer List Here it is... Shelly Jones 10/20/2000 01:27 PM To: John Howard Harrison/HOU/ECT@ect cc: Subject: Re: Volunteer List Thanks John. Would you also give me an update for EIM, ENA and EGM. Thanks again forever and forever, Shelly John Howard Harrison 10/20/2000 01:03 PM To: Shelly Jones/HOU/ECT@ECT cc: Subject: Volunteer List Hi Shelly, Here is an updated volunteer listing. There should be no more duplicates (until someone decides to go in and sign up for the third time). If you have any questions please let me know. Thanks, John 3-7811
jlavora.nsf
[]
33
892
lavorato-j
135.
b49d7db3-3809-4f64-bd73-3984d894b1c9
Fri, 27 Oct 2000 04:34:00 -0700 (PDT)
Re: Desk limit tool
What if they have there current postions but bigger getting them to their limits. What would the agg var be.
jlavora.nsf
[]
26
0
lavorato-j
137.
9d4f1aed-ce5d-4e0a-97a6-562199cca75b
Tue, 24 Oct 2000 06:26:00 -0700 (PDT)
NE ICAP
We should get 9 Million of Prudency tonight.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/24/2000 01:20 PM --------------------------- From: Kevin M Presto @ ECT 10/24/2000 11:54 AM To: John J Lavorato/Corp/Enron@Enron cc: Mark Dana Davis/HOU/ECT@ECT Subject: NE ICAP We will wear the ICAP position with the following marks that represent the true mid. 2001 2.00 (0.35 lower than yesterday) 2002 1.65 (0.35 lower than yesterday) 2003 1.65 (0.35 lower than yesterday) These new marks result in $9 million of incremental value that will hit Dana's P&L tonight. Based on our discussion earlier, East Power (Dana specifically) is now fully wearing this position and fully assumes all downside and upside associated with the position.
jlavora.nsf
[]
11
249
lavorato-j
138.
b58539ce-7bf2-4b8e-9d22-18688ddf3c2d
Tue, 24 Oct 2000 03:20:00 -0700 (PDT)
Re: poaching your guys
Bob I talked to Kevin about these two guys and he feels they are critical to our business. Broadband has taken 5 guys out of East Power and left us short. Sorry
jlavora.nsf
[]
44
0
lavorato-j
139.
f5106f7c-918e-4090-aaa5-9074554a6390
Mon, 23 Oct 2000 03:03:00 -0700 (PDT)
Systems
I think we are making great progress on the systems side. I would like to set a deadline of November 10th to have a plan on all North American projects (I'm ok if fundementals groups are excluded) that is signed off on by commercial, Sally's world, and Beth's world. When I say signed off I mean that I want signitures on a piece of paper that everyone is onside with the plan for each project. If you don't agree don't sign. If certain projects (ie. the gas plan) are not done yet then lay out a timeframe that the plan will be complete. I want much more in the way of specifics about objectives and timeframe. Thanks for everyone's hard work on this. John
jlavora.nsf
[]
173
0
lavorato-j
141.
73c4a297-12e8-457f-ba66-859cf8ac1077
Thu, 19 Oct 2000 06:28:00 -0700 (PDT)
Enron Europe Support
I think everybody is scared of us.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/19/2000 01:22 PM --------------------------- Mark Frevert 10/19/2000 09:15 AM To: David W Delainey/HOU/ECT@ECT, John J Lavorato/Corp/Enron@Enron cc: Subject: Enron Europe Support F.Y.I. Mark ---------------------- Forwarded by Mark Frevert/NA/Enron on 10/19/2000 09:01 AM --------------------------- From: Michael Guerriero 10/19/2000 06:59 AM To: Mark Frevert/NA/Enron@Enron cc: Subject: Enron Europe Support Just to inform you of my thoughts if they are applicable. MFG ---------------------- Forwarded by Michael Guerriero/SA/Enron on 10/19/2000 09:01 AM --------------------------- From: Michael Guerriero 10/19/2000 08:35 AM To: Joe Kishkill/SA/Enron@Enron, Don Black/SA/Enron@Enron cc: Subject: Enron Europe Support We have just completed a one week transfer of trading and e-commerce knowledge and experiences with both Houston and London. This had been done to better prepare for the launch of EOL Argentina. I wanted to communicate the results as a reflection upon any future support or orientation we may deem appropriate for our activities. The North American exchange was technically strong yet lacked any commercial depth, experiences or strategies applicable to an emerging energy market. The advanced nature of the North American energy market makes it very difficult to share experiences and knowledge with Argentina due to the widely different states of development and application of business strategies. The European exchange was well received and very much bi directional. This is obviously as a result of being more closely aligned with our current state of evolution and in some cases Argentina is actually ahead of Europe. In that the Argentina energy market was designed closely in relationship to the UK market it is logical we have more in common and can leverage off these similar market experiences. Europe embraced the exchange even to the extent of holding a company meeting for the presentation of the Argentina business experience and corresponding strategy. I believe we should seek out a stronger tie to Europe in the future and foster growth in our relationship to better support, facilitate and grow our business. MFG
jlavora.nsf
[]
8
647
lavorato-j
143.
e85c8a42-3f3a-47dd-97e5-9a0973bca867
Wed, 18 Oct 2000 08:29:00 -0700 (PDT)
Re: Transport-Central
Book the Cenral Trasport Deals and give me a report every month. The new format looks fine. John
jlavora.nsf
[]
30
0
lavorato-j
146.
54237094-4edb-41d4-9e50-0dc7d86ddd3b
Wed, 18 Oct 2000 00:33:00 -0700 (PDT)
Re: Farewell Party
John I'm out of town at a wedding that weekend but thanks for the invite.
jlavora.nsf
[]
19
0
lavorato-j
147.
7f7108c4-eb30-4c7e-9b4b-d86cdf5346f3
Wed, 18 Oct 2000 00:32:00 -0700 (PDT)
Re: EnronCredit Move
I think he reports to Jeff Shankman. I forwarded you e-mail to Jeff. Let me know.
jlavora.nsf
[]
26
0
lavorato-j
149.
399810a4-521e-46cc-aa4f-a3ea9930363b
Wed, 18 Oct 2000 00:21:00 -0700 (PDT)
Re: Associate/Analyst Super Saturday Participation
Ted Call me. I told Charlene that I would do a super saturday and be a moderator for the decision process. I forgot which one. Helllllpppp.
jlavora.nsf
[]
44
0
lavorato-j
15.
a549f4f6-5e6b-420e-8ce0-0708ad54f512
Sun, 10 Dec 2000 05:12:00 -0800 (PST)
More Pipeline Resumes - Lavo's Mgr/Dir Level
Kim Please print all these resumes for me.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 12/10/2000 01:05 PM --------------------------- From: Ted C Bland @ ECT 11/27/2000 08:35 AM To: John J Lavorato/Corp/Enron@Enron cc: Subject: More Pipeline Resumes - Lavo's Mgr/Dir Level John - More resumes for the pipeline. Ted ---------------------- Forwarded by Ted C Bland/HOU/ECT on 11/27/2000 08:31 AM --------------------------- Enron North America Corp. From: Amy Gambill @ ENRON 11/22/2000 02:04 PM To: Ted C Bland/HOU/ECT@ECT cc: Subject: More Pipeline Resumes - Lavo's Mgr/Dir Level Has applied to Enron several times: Already in Personic. Identified for Shankman's book (Assoc Level), may be experienced enough for Mgr Level:
jlavora.nsf
[]
12
303
lavorato-j
151.
56bc12a3-6a78-41d7-a675-415da6cdd7e0
Tue, 17 Oct 2000 06:08:00 -0700 (PDT)
RE: FW: Houston, we have a problem
6437 Mercer St In West University. 2 1/2 blocks from University Avevue between University Avenue and Holcombe. 713-661-6096.
jlavora.nsf
[]
38
0
lavorato-j
153.
19567770-f5ac-4361-a8bf-8080252a0565
Sun, 15 Oct 2000 12:51:00 -0700 (PDT)
TIME SENSITIVE: Executive Impact & Influence Program Survey
Set me up on this.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/15/2000 07:45 PM --------------------------- [email protected] on 10/11/2000 11:50:56 AM To: [email protected] cc: Subject: TIME SENSITIVE: Executive Impact & Influence Program Survey * IMMEDIATE ACTION REQUIRED - Do Not Delete * Executive Impact & Influence Program Dear John J. Lavorato, As part of the Executive Impact and Influence Program, each participant is asked to gather input on the participant's own management styles and practices as experienced by their immediate manager, each direct report, and up to eight colleagues/peers. You have been requested to provide feedback for a participant attending the next program. Your input (i.e., a Self assessment, if you are a participant in this program, Manager assessment, Direct Report assessment, or Colleague/Peer assessment) will be combined with the input of others and used by the program participant to develop an action plan to improve his/her management styles and practices. If you are providing feedback as a Manager of the participant, please note that your feedback will be identified in the summary report. It is important that you complete this assessment NO LATER THAN CLOSE OF BUSINESS on Wednesday, October 25. To begin the online administration process, you will need the following Internet address and Password(s). NOTE: If you are providing feedback for more than one person, each password and participant name is individually listed below. Open your Internet browser e.g., Internet Explorer or Netscape Navigator, and please type or copy the URL address below into your Internet browser (please DO NOT go through Lotus Notes): www.fsddatasvc.com/enron M78PDC (Joe Deffner) RNNEDQ (Fred Lagrasta) HJA3U3 (Scott Neal) UD3MJF (Kevin Presto) FAJFRR (Lawrence Whalley) If you experience technical problems, please call Dennis Ward at FSD Data Services, 713-942-8436. If you have any questions about this process, you may contact Debbie Nowak at Enron, 713-853-3304, or Christi Smith at Keilty, Goldsmith & Company, 858-450-2554. Thank you for your participation.
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154.
5bb3aa74-65e1-419a-b1e1-482d235d0d89
Sun, 15 Oct 2000 12:48:00 -0700 (PDT)
RE: FW: Houston, we have a problem
So I'm working some magic for Friday. I think we are going to play a private men only club for free (except for caddie fees). I figure the downside is that we get pummled and left for dead. I'll let you know.
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6450ff81-04fa-4b5d-b8ee-5007ee4271c1
Sun, 15 Oct 2000 12:42:00 -0700 (PDT)
Re: Counting the Cal ISO Votes for a $100 Price Cap
This crazy. Sooner or later they will win. We need to do something radical to make them realize they are insane. I don't know what that is.
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38
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eb613126-a9b0-496f-a306-6d982abb3ee3
Fri, 13 Oct 2000 06:05:00 -0700 (PDT)
A junior trader's resume
I would be happy to do a phone interview with this guy. But I won't pay for him to fly down.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/13/2000 12:59 PM --------------------------- Enron North America Corp. From: Jean Mrha 10/13/2000 12:35 PM To: John J Lavorato/Corp/Enron@Enron cc: David Oxley/HOU/ECT@ECT, David W Delainey/HOU/ECT@ECT Subject: A junior trader's resume John, Terrell Benke was a summer Associate from the University of Chicago who has just accepted Enron's full-time employment offer. Erik, her husband, currently works at Goldman Sachs as a junior trader in Chicago. Therefore, since Terrell will be moving to Houston, Erik is very interested in pursuing potential trading opportunities at Enron. Please look at his resume and inform me if you have any interest in his background. Regards, Jean ---------------------- Forwarded by Jean Mrha/NA/Enron on 10/13/2000 12:15 PM --------------------------- "Erik Benke" <[email protected]> on 10/11/2000 07:00:38 AM Please respond to <[email protected]> To: <[email protected]> cc: Subject: Resume Jean, Here is my resume. I would like to interview and meet people in natural gas or electricity. My sense is that's the best place to start at Enron. You can reply to this e-mail or reach me at home at 773-667-6740 if you need to get in touch with me. Thanks, Erik - ErikBenkeResume.doc
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159.
4d6ff9e2-2eb9-4e3a-860e-e3124c99425b
Fri, 13 Oct 2000 02:14:00 -0700 (PDT)
RE: FW: Houston, we have a problem
Every golf course in Houston has a golf tournament next friday. What do you think about mini-putt.
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61d0b442-58a8-4121-9bea-beb703407243
Sun, 10 Dec 2000 05:11:00 -0800 (PST)
Pipeline Resumes - Lavo Mgr/Director
Print all these resumes for me.
---------------------- Forwarded by John J Lavorato/Corp/Enron on 12/10/2000 01:04 PM --------------------------- From: Ted C Bland @ ECT 11/21/2000 05:56 PM To: John J Lavorato/Corp/Enron@Enron cc: Subject: Pipeline Resumes - Lavo Mgr/Director John - Please look at these resumes and give me some feedback. If they are not what you are looking for for mid management level we will start over. Thanks. Ted ---------------------- Forwarded by Ted C Bland/HOU/ECT on 11/21/2000 05:52 PM --------------------------- Enron North America Corp. From: Amy Gambill @ ENRON 11/21/2000 05:10 PM To: Ted C Bland/HOU/ECT@ECT cc: Subject: Pipeline Resumes - Lavo Mgr/Director
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