I have received a notice of arbitration from HoustonStreet related to Enron Net Works' termination of the Posting Agreement several months ago.  The notice of arbitration specifies damages "in excess of $5 million."  The notice (dated November 1) has been sitting in my office on the 8th floor and I just found it tonight as I was going through my mail.  I don't think that there is anything here that would have an MAE on Enron, but I clearly would have preferred to have known about this before the merger agreement was signed up.  Richard, I'll catch up with you on Monday with the demand for arbitration. 
 
 

Travis C. McCullough 
Enron North America Corp. 
1400 Smith Street EB 824 
Houston, Texas 77002 
Phone:  (713) 853-1575 
Fax:      (713) 646-3490