Dear Market Participant,

Attached, is the NYISO's Market Participant Newsletter, "NYISO Insider."
This electronic publication's mission is to provide you with an inside view
of the NYISO. In it, we hope to compile noteworthy items of current
interest to help make the competitive wholesale electric market function
more effectively through improved communication.

To view this document, which is a PDF, you will need the Adobe Acrobat PDF
reader.  You can download the PDF reader free at:  www.adobe.com.

Additionally, this document will be posted on our web-site here:
http://www.nyiso.com/services/documents/newsletters/index_news.html

If you have any comments or suggestions regarding "NYISO Insider," please
e-mail me at:  vross@nyiso.com, or phone 518-356-6226, or fax:
518-356-7570.

Sincerely yours,
Valerie Ross
NYISO Market Services

(See attached file: INSIDER 1-31-02.pdf)
 - INSIDER 1-31-02.pdf 
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