Ed & Brant:

I'm being hounded by ENE but no Enron traders seem interested.  Brant 
prepared a new worksheet based upon which we sent a new ISDA.  ENE 
"represents" four municipal utilities and is trying to negotiate ISDA's on 
behalf of those utilities.  I think the agent is off-base and I'm not sure 
that any of the utilities really want to trade financial.

Ed, Shari suggested that you may have some insight into ENE.  Should I drop 
this one altogether?  Or are we interested in pursuing?

Either Ed or Brant please let me know.  Thanks.




Sara Shackleton
Enron North America Corp.
1400 Smith Street, EB 3801a
Houston, Texas  77002
713-853-5620 (phone)
713-646-3490 (fax)
sara.shackleton@enron.com