please print
---------------------- Forwarded by Jeffrey A Shankman/HOU/ECT on 12/05/2000 
11:18 AM ---------------------------


Paul Quilkey@ENRON_DEVELOPMENT
12/05/2000 03:43 AM
To: Jeffrey A Shankman@ECT, Gary Hickerson@ECT
cc: Stinson Gibner@ECT, John Norden@ECT 
Subject: Project X Due Diligence

Gentlemen
Attached are two separate documents from John Norden and Stinson Gibner 
providing summary findings regarding Project X Due Diligence.
We have indicated to X Bank that we will revert with our position by COB 
Thursday Houston time.
Suggest we arrange a conference call at your earliest convenience.
Paul