This is the memo referred to in my prior e-mail.

Angela D. Davis
Enron North America Corp.
1400 Smith Street, EB3817
Houston, Texas 77019
Tel: (713) 345-8347
Fax: (713) 646-3393
e-mail: angela.davis@enron.com

 -----Original Message-----
From: 	"Young, Mark" <markyoung@akllp.com>@ENRON [mailto:IMCEANOTES-+22Young+2C+20Mark+22+20+3Cmarkyoung+40akllp+2Ecom+3E+40ENRON@ENRON.com] 
Sent:	Tuesday, July 03, 2001 8:42 AM
To:	Davis, Angela
Cc:	Kline, Thomas R.
Subject:	Memo re: Quantum Meruit Claim

Angela,

Attached is a memo Tom Kline had one of our attorneys prepare analyzing
the likelihood of any reinstatement of the QM claim.  It supports the
conclusions we reached on our conference call yesterday.  It is in
WordPerfect.  Let me know if you'd like for us to convert it to Word.

Regards,
Mark Young
Andrews & Kurth L.L.P.
713-220-4323

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