sorry!
---------------------- Forwarded by Joseph Alamo/NA/Enron on 12/11/2000 12:17 
PM ---------------------------


Joseph Alamo
12/11/2000 10:23 AM
To: Stephen Swain/PDX/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, James D 
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Sandra 
McCubbin/NA/Enron@Enron, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, 
Chris H Foster/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Alan 
Comnes/PDX/ECT@ECT
cc: Lysa Akin/PDX/ECT@ECT, Marcia A Linton/NA/Enron@Enron, Rubena 
Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT 

Subject: CONFERENCE CALL TOPIC


Please note:  
On the attached, the subject topic of the referenced conference call should 
have been:

"Utility Forward Contracting Proposal."

Sorry for any confusion;  all other call data remains the same.

Again, thanks in advance for your participation.

Joseph
---------------------- Forwarded by Joseph Alamo/NA/Enron on 12/11/2000 10:21 
AM ---------------------------


Joseph Alamo
12/11/2000 10:02 AM
To: Stephen Swain/PDX/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, James D 
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Sandra 
McCubbin/NA/Enron@Enron, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, 
Chris H Foster/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Alan 
Comnes/PDX/ECT@ECT
cc: Lysa Akin/PDX/ECT@ECT, Marcia A Linton/NA/Enron@Enron, Rubena 
Buerger/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT 

Subject: CONFERENCE CALL CONFIRMATION re: Data on Monthly Generation for SCE


On behalf of Enron Host Jeff Dasovich, please consider this confirmation 
that a conference call has been arranged, on the above-referenced topic, 
as noted below:

 Date:   Monday, December 11th
 Time:   3:00 PM PST
 Call-in number: 1-877-288-4427
 Participants' Code: 217756
 Host Code (Jeff) 501722


Thanks in advance for your participation.

Joseph 
---------------------- Forwarded by Joseph Alamo/NA/Enron on 12/11/2000 09:58 
AM ---------------------------
From: Jeff Dasovich on 12/11/2000 10:31 AM CST
Sent by: Jeff Dasovich
To: Joseph Alamo/NA/Enron@Enron
cc:  

Subject: Re: Data on Monthly Generation for SCE

Could you please set up a call and distribute to this list?  Topic:  utility 
forward contracting proposal.  Time 3-4:30 pm PST.  Thanks very much.
----- Forwarded by Jeff Dasovich/NA/Enron on 12/11/2000 10:26 AM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	12/11/2000 10:20 AM
		 
		 To: Stephen Swain/PDX/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, James D 
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Sandra 
McCubbin/NA/Enron@Enron, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, 
Chris H Foster/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Alan 
Comnes/PDX/ECT@ECT
		 cc: Richard Shapiro/NA/Enron@Enron, Joseph Alamo/NA/Enron@Enron
		 Subject: Re: Data on Monthly Generation for SCE

The votes have been counted (kidding), and the call will take place today at 
3 PM PST.  Call-in number to follow.
----- Forwarded by Jeff Dasovich/NA/Enron on 12/11/2000 10:19 AM -----

	Jeff Dasovich
	Sent by: Jeff Dasovich
	12/07/2000 12:13 PM
		
		 To: Stephen Swain/PDX/ECT@ECT, Paul Kaufman/PDX/ECT@ECT, James D 
Steffes/NA/Enron@Enron, Harry Kingerski/NA/Enron@Enron, Sandra 
McCubbin/NA/Enron@Enron, Tim Belden/HOU/ECT@ECT, Robert Badeer/HOU/ECT@ECT, 
Chris H Foster/HOU/ECT@ECT, Susan J Mara/NA/Enron@ENRON, Alan 
Comnes/PDX/ECT@ECT
		 cc: Richard Shapiro/NA/Enron@Enron
		 Subject: Re: Data on Monthly Generation for SCE

Folks:  

The "subcommittee" I've referenced that's trying to come up with a solution 
to California's train wreck is moving very quickly.  The group's shooting to 
have a first cut at a "straw person" proposal sketched out by end of next 
week.  The group's meeting on Tuesday to continue to bounce around ideas.  

I'd like to try to have an internal call on Monday at either 10 AM (PST) or 
3  PM (PST) to pin down at least a vaguely detailed conceptual framework that 
I can propose to the subcommittee on Tuesday.  The agenda items for the 
internal meeting are:

Finalize proposal for benchmark(s) for utility procurement.  
Goal: increase utility willingness to enter into forward contracts by 
replacing PUC after-the-fact "reasonableness" review with a benchmark. (Been 
working the Portland desk on a "portfolio benchmark" concept.)

Determine our view of how to treat term contracts w.r.t. the PX credit, i.e., 
should those contracts be disclosed to the market, or should PUC keep them 
confidential, calculate the PX credit behind closed doors, and publish the 
credit ex poste?  The PX credit depends on the overall utility portfolio, not 
just the PX price.

Let me know if 10 AM or 3 PM (PST) works better.

Harry:  I'll assume that you'll contact the folks from EES that need to 
participate.

Best,
Jeff