It would make sense to me.  Jeff what do you think?

Francisco Pinto-Leite
Enron Americas
1400 Smith Street, EB 3888 
Houston, TX 77002-7361

Tel: 713-345-7942
Fax:713-646-3490
fleite@enron.com

 -----Original Message-----
From: 	Rohauer, Tanya  
Sent:	Thursday, November 01, 2001 4:39 PM
To:	Leite, Francisco Pinto
Cc:	Heard, Marie; Hodge, Jeffrey T.; Keohane, Peter
Subject:	engage master netting

Here is the breakdown of where doing business, etc.		

Engage Energy America, LLC
	financial business with ENA under an ISDA
	physical power business with EPMI under master
	physical gas business with ENA - no master

Engage Energy Canada LP
	financial business with ECC under ISDA
	physical business with ECC under Master Firm
	physical business with ENA - no master

Gtys
	bilateral 100MM gty executed just recently (Mary Cook worked on)

Credit Terms to come

Should we try to submit Master Firms for above "no master" trading at the same time????

Thanks,
Tanya