---------------------- Forwarded by Phillip K Allen/HOU/ECT on 02/22/2001 
08:49 AM ---------------------------
   
	Enron North America Corp.
	
	From:  Frank Hayden @ ENRON                           02/21/2001 05:46 PM
	

To: Tim Belden/HOU/ECT@ECT, Kevin M Presto/HOU/ECT@ECT, Phillip K 
Allen/HOU/ECT@ECT, Scott Neal/HOU/ECT@ECT, Hunter S Shively/HOU/ECT@ECT, John 
Arnold/HOU/ECT@ECT, John J Lavorato/Corp/Enron, Louise Kitchen/HOU/ECT@ECT, 
Thomas A Martin/HOU/ECT@ECT, Vladimir Gorny/HOU/ECT@ECT
cc:  
Subject: Recession Scenario Impact on Power and Gas


Attached is a CERA presentation regarding recession impact.  Feel free to 
call in any listen to pre-recorded discussion on slides.  (approx. 20mins)  
CERA is forecasting some recession impact on Ca., but not enough to alleviate 
problem.

Frank

Call in number 1-888-203-1112
Passcode: 647083#