Here is S&C's first draft.
---------------------- Forwarded by Mark Taylor/HOU/ECT on 02/14/2000 11:38 
AM ---------------------------


GILBERGD@sullcrom.com on 02/14/2000 08:20:25 AM
To: Mark Taylor/HOU/ECT@ECT
cc: RAISLERK@sullcrom.com 
Subject: Auction Procedures



Attached is a draft of the Auction Procedures we discussed.  Because I don't 
know how the auction page will be configured, it is likely that conforming 
changes will be necessary.  Also, I have left the references to "Enron" in 
brackets; I am not sure if a specific entity will be referenced or if all 
entities will be defined collectively as "Enron".  Please call or e-mail with 
any questions or comments.  Best regards.


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 - Auction.wpd