Well, here's the nearly final draft of what was submitted.  Evidently, we 
decided to submit a bid on the original transaction structure, as well as two 
alternatives. (not what I was lead to believe before.)  I spoke with John 
about adding more disclaimer language to the letter to say that by submitting 
the bid we aren't agreeing to enter into a transaction or even negotiate for 
a transaction.  Also, I advised him that the confidentiality statements in 
the letter were not great protection.  

Kay
---------------------- Forwarded by Kay Mann/Corp/Enron on 05/08/2001 09:04 
AM ---------------------------


John Llodra
05/07/2001 11:33 PM
To: Mark Dana Davis/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, W David 
Duran/HOU/ECT@ECT, Jim Meyn/NA/Enron@Enron, Berney C Aucoin/HOU/ECT@ECT, Nick 
Hiemstra/HOU/ECT@ECT, Tom May/Corp/Enron@Enron, Lloyd Will/HOU/ECT@ECT, 
Jeffrey Miller/NA/Enron@Enron, Kay Mann/Corp/Enron@Enron, Edward 
Sacks/Corp/Enron, Howard Fromer/NA/Enron@Enron, Paul Radous/Corp/Enron
cc:  

Subject: Final draft of NIMO proposal letter

Please see attached final draft of the NiMO proposal letter.  I will be 
submitting this by 10 AM Eastern (9 AM Houston time) on Tuesday 5/8, so 
please provide any comments ASAP.  thanks

John