Enron Mail

From:sally.beck@enron.com
To:steve.jackson@enron.com
Subject:Project Triple Lutz
Cc:
Bcc:
Date:Mon, 28 Aug 2000 01:57:00 -0700 (PDT)

Have you had a chance to talk with Dave B. on any of this? It might be
helpful for you to put a call in to Tom Martin today to give him your phone
number and to let him know that you are working closely with Dave and that
you are available for any questions. Nothing may come up, but I think that
Tom would feel better with this gesture. Probably wouldn't hurt to log the
same call or e:mail in to the rest of the guys on the list. That will give
all of them a feeling of continuity with regard to information from Dave on
this project. Do you have contact information for Brenda? If not, I would
get that from Yvette Convey, her assistant. She is making the rounds with
Patrick Conner and the corporate development team, doing site visits on two
additional paper mills that we may purchase.

Thanks. --Sally
---------------------- Forwarded by Sally Beck/HOU/ECT on 08/28/2000 08:50 AM
---------------------------

Enron North America Corp.

From: Brenda F Herod 08/25/2000 06:26 PM


To: Patrick Wade/HOU/ECT@ECT, Thomas A Martin/HOU/ECT@ECT, Edward D
Gottlob/HOU/ECT@ECT, Jim Schwieger/HOU/ECT@ECT, Brian Redmond/HOU/ECT@ECT,
Jim Coffey/HOU/ECT@ECT, Wes Colwell/HOU/ECT@ECT, Steve Jackson/HOU/ECT@ECT,
David Baumbach/HOU/ECT@ECT
cc: Sally Beck/HOU/ECT@ECT, Yvette G Connevey/Corp/Enron@ENRON
Subject: Project Triple Lutz

To date, my primary duties have been to oversee the internal valuation of the
contracts, and their unwind costs in our Risk books. I have also been
involved with the Entex contract valuation. Dave Baumbach has been the real
key to providing the data, and has all of the information. Steve Jackson is
talking with Ed McMichael of Structuring on Monday to get some additional
eyes and resources looking at this also. I feel we have done a thorough job,
but we do need everyone thinking of "what if's." Our risk books are complex,
with many hand-offs internally. Obviously our goal is to ensure that all of
the stones have been turned, and there are no surprises at the end of the
day. I think Structuring will really be helpful in this arena. After our
meeting yesterday, I believe everyone is much more comfortable in our
approach. There were a couple of things that Dave was going to follow-up on
(Fixed-price deals, especially Calpine).

FYI: I will be out of town on another project all of the week of 8/28 - 9/1,
and Tuesday, 9/5 and Wednesday, 9/6. I have made arrangements to ensure that
I am in Houston on Thursday, 9/7 and Friday, 9/8 for the first visit to the
Triple Lutz data room.

In my absence next week, I want to reiterate to each of you that I am
available, and will have the Triple Lutz data with me. If any issues come up
that you feel I can be helpful, please contact yvette Connevey @
713-853-5953, and she will get in touch with me. Once again, DO NOT HESITATE
TO CALL ME!!! I do not want anything falling through the cracks!