Hi Diann--

Ideally I would like to finalize the declarations today so that we can spend 
tomorrow focusing on the brief.  However, tomorrow would be ok, if you can't 
get to it today.

Bill

>>> "Diann Huddleson" <dhuddles@enron.com> 03/21/01 01:11PM >>>


Mike, there are several comments in Natividad's Declaration that I would like 
to
revise.  Maurice Winter is currently reviewing it for accuracy on the meter
aspects.  When do you need this?





(Embedded     Enron Energy Services
image moved
to file:      From:  Mike D Smith
pic02157.pcx) 03/21/2001 09:47 AM






To:   kb@quinnemanuel.com, awu@quinnemanuel.com
cc:   Robert C Williams/Enron@EnronXGate, Jeff Dasovich/NA/Enron@Enron, Dennis
Benevides/HOU/EES@EES, Tom Riley/Western Region/The Bentley
Company@Exchange, Evan Hughes/HOU/EES@EES, Peggy Mahoney/HOU/EES@EES,
Diann Huddleson/HOU/EES@EES, Dan Leff/HOU/EES@EES, Marty
Sunde/HOU/EES@EES, Vicki Sharp/HOU/EES@EES, Jeff Messina/HOU/EES@EES
Subject:  Declarations

Attached are my comments to all declarations.  For the most part they look
great.

I have no comments on Navidad's (the metering expert)--but I ask Evan and 
Diann
to review for accuracy.  I would also like Peggy and Jeff to review very
carefully Dennis' declaration--there are several direct statements about our
hedging strategy and our financial losses under the UCCSU K that will become
public.  We either need to be comfortable with these statements or tone them
down.  This is very important.

Please send me any comments.  MDS