Sara, earlier this week, I asked Stephanie and Samantha to update lotus notes 
on the brokerage agreements that we prioritized last week.  In addition to 
lotus notes, I often send emails to the traders to keep them updated -- as 
the attached is an example.  If you would like to be copied so that you know 
what's going on -- i.e., that I am working diligently on the brokerage 
agreemetns on a daily basis, let me know.  I fgured that you did not want to 
be flooded with the emails and that, instead, we would meet every other week 
for an update.  Let me know -- whatever makes you feel more comfortable is 
what I would like to do. 

Cheryl Nelson
Senior Counsel
EB3875
(713) 345-4693
----- Forwarded by Cheryl Nelson/NA/Enron on 02/08/2001 03:42 PM -----

	Cheryl Nelson
	Sent by: Cheryl Nelson
	02/08/2001 10:38 AM
		 
		 To: aneela.charania@enron.com
		 cc: 
		 Subject: Raymond James Brokerage Agreement

Hey Aneela, here is the other email sent to Paul this week.  As you can see 
from the attached, we are still in the process of discussing key issues with 
RJ, the agreeemtn is not yet in execution posture.  In a phone call 
subsequent to the attached email, we resolved all of the issues identified 
below (in Enron's favor), except for the limitation of liability issue (see 
my previous email to you) that Paul and I are looking into.  I just want to 
convey to you that this is a priority to us and we are working on it daily. 

Cheryl Nelson
Senior Counsel
EB3875
(713) 345-4693
----- Forwarded by Cheryl Nelson/NA/Enron on 02/08/2001 10:35 AM -----

	Cheryl Nelson
	Sent by: Cheryl Nelson
	02/07/2001 03:04 PM
		 
		 To: pmatecki@enron.com; dhawke@enron.com
		 cc: stephanie.panus@enron.com
		 Subject: Raymond James Brokerage Agreement

Paul, I tried to call you at our scheduled time but you were not available.  
To expedite the process, let me tell you here what the outstanding issues are:


1. Para. 15 - Can we clarify this last sentence that you put in the most 
recent draft.  What are we meaning to say there?


2. We feel strongly about including the limitation on liability issue.  We 
especially want to limit any liability to punitive damages.  We think its 
mutually beneficial.  Did you leave this out intentionally?  


3.  Did you intentionally reject our draft confidentiality provisions?


If you do not have time to call me today, please send back an emailed 
response.

Cheryl Nelson
Senior Counsel
EB3875
(713) 345-4693