Attached is the legal risk memo related to Enron Net Work's equity investment 
in, and price posting agreement with, HoustonStreet Exchange.   Please call 
me with any comments or questions.



Travis McCullough
Enron North America Corp.
1400 Smith Street EB 3817
Houston Texas 77002
Phone:  (713) 853-1575
Fax: (713) 646-3490