FYI. This is a presentation/outline that these two ENW guys are putting 
together for the group. They will want Legal's appropriate input into aspects 
of these materials.

Also, I had copied and circulated to each of you today a State Bar of 
Texas-sponsored seminar that is being held later this week (Thurs-Fri) at the 
Westchase Hilton on E-Commerce Legal Topics. It's cheap ($250) and appears 
quite topical for each of us.

Alan
---------------------- Forwarded by Alan Aronowitz/HOU/ECT on 04/11/2000 
12:56 PM ---------------------------


Darren Maloney@ENRON
04/11/2000 10:41 AM
To: Mark Taylor/HOU/ECT@ECT, Alan Aronowitz/HOU/ECT@ECT
cc: Ted Noble/HOU/ECT@ECT, Jay Fitzgerald/Corp/Enron@ENRON, Bruce 
Garner/Corp/Enron@ENRON 
Subject: Enron Net Works General Strategy

Gentlemen,
Attached is a general PPT document detailing the overall strategy for 
attacking verticals.
The second document is a broad perspective piece on a specific vertical which 
is a 
good representation for the type of work we are looking at doing going 
forward.

Note:  In the second document, the risk-sharing SPV is illustrative only and 
does not 
likely represent what we will do on a broader basis.

Feel free to call me with any questions.  Again, all of this is work in 
process.   I will circulate 
any and all items that will help with your understanding of our endeavors so 
that our group
best works together.

Regards,
Darren Maloney & Ted Noble
Associates, Enron Net Works
x36661                        x35951