The next Strategic Oversight Committee meeting will be held Tuesday, August 
17th, at 3:00 p.m. in room EB30C1.  The topic of this meeting will be &Enron,
s Network Strategy.8  Jeff Skilling will present a description of this 
strategy as articulated to the analyst community as well as internal 
management groups throughout Enron.  To clarify, the last SOC meeting 
addressed a possible shift in asset and finance strategy from a merchant to a 
strategic orientation in an environment which emphasized the importance of 
establishing an integrated network.  This SOC meeting will attempt to lay out 
the strategy more broadly and discuss its implication for Enron North 
America's specific businesses.  The following are some potential talking 
points to think about before the meeting:

1. What are the benefits to Enron North America of thinking about our 
businesses as an integrated network (or series of networks) as opposed to 
individual  businesses?  What are the drawbacks?
2. How do our current skill sets of finance, assets, physical and risk 
management fit into the network?  Are different skills required?
3. How does communications fit into Enron,s core business?  How is it 
different?
4. What is the role of the customer within the network?  What role do markets 
play?
5. What types of assets are important in building the network?  Which are no 
longer important?
6. How can we more accurately describe the role of trading/risk management in 
the context of the network?  What should trading be called?

Due to the unique opportunity to hear the informative presentation by Jeff 
Skilling at this SOC meeting, please feel free to invite non-SOC members.  
Please RSVP your attendance to my assistant, Carol Brown 3-7974.  We look 
forward to seeing you on Tuesday, August 17th.