As discussed, should Congress upon its return after the Labor Day recess 
appear ready to move H.R. 4941, Congressman Wynn's stand-alone reliability 
legislation; a large group of stakeholders would sign and send the attached 
letter.  Although Enron would like the letter to be stronger, this letter 
went through many revisions to reach the consensus language necessary for a 
larger group to sign.  Thus, while not a perfect letter, it would send a 
stronger message with a multitude of signatures.

The status of the letter is that it is being "held in our back pocket" should 
it become necessary.  Pre-approval has been given and it stands in an 
"almost" final form.  Should you have any grave problems with the letter, let 
me know, and I will see what's possible given the constraints posed by the 
group.  

On a separate but related note, we are working with Joe and Dan to prepare a 
short white paper to detail the "technical problems" still remaining with the 
Wynn legislative language and will communicate these problems, Enron's 
opposition and lack of bill "consensus" to the Hill shortly (as soon as this 
paper is ready.)  I believe ELCON, EPSA and CMA will continue to share our 
opposition although confusion remains on the Hill as to the exact reasons for 
our opposition given the numerous versions of the legislation circulating.  
thanks.

 - 08_04_00_Draft_Stake_ltr_WJL.doc