Check out WSJ- Page A2. Also,Bill Bradford in Rick buy's group is person 
most  proficient on credit issues relative to the three calif. utilities. I 
will also get back to you this afternoon........The CPUC is scheduled to 
issue orders today at 12:00 CST that may dramatically affect credit ratings 
of the 3 utilities. 




Mark Schroeder@ECT
12/21/2000 08:13 AM
To: Richard Shapiro/NA/Enron@Enron, Jeff Dasovich/NA/Enron@Enron
cc: John Sherriff/LON/ECT@ECT, Bryan Seyfried/LON/ECT@ECT 

Subject: California credit issues

Rick/Jeff - I just spoke with John Sherriff and mentioned to him how on top 
of California you guys were.  As you may be aware, we are making markets in 
the credit of many utilities and telcomm companies, via EnronCredit.com.  
Brian Seyfried is the commercial leader for this business.  John has asked me 
to ask you, if you become aware of significant developments, in the public 
sector (not privileged/insider information), bearing on 
creditworthiness/ability to pay by California utilities, would you please 
keep us informed, as we will have a keen interest in these developments?  
Please forward to this to any others on your team(s) you think appropriate.   
thanks   mcs