Test Results of EOL Management Report

This is the preliminary results of "round 2" of testing the management
report. I will give you the highlights tomorrow in our meeting. (Stephen's
comments pretty much cover it).

Sheri
---------------------- Forwarded by Sheri Thomas/HOU/ECT on 08/28/2000 09:16
AM ---------------------------

From: Sheri Thomas
08/28/2000 09:17 AM

To: Andy Zipper/Corp/Enron@Enron
cc:
Subject: Test Results of EOL Management Report

Let me know if you want us to go over this with you.

Sheri
---------------------- Forwarded by Sheri Thomas/HOU/ECT on 08/28/2000 09:15
AM ---------------------------
From: Stephen Simpson@ENRON on 08/25/2000 06:19 PM
To: Louise Kitchen/HOU/ECT@ECT
cc: David Forster/Corp/Enron@Enron, Torrey Moorer/HOU/ECT@ECT, Sheri
Thomas/HOU/ECT@ECT, Mark Thibodeaux/HOU/ECT@ECT, Andrew
Parsons/Corp/Enron@Enron
Subject: Test Results of EOL Management Report

Louise,

I have attached a draft of the newly revised report on our test results of
the EOL Management Report for your review. Please keep in mind this is a
tentative draft. Mark and Andrew still want to perform some QA on the
results and Torrey is still looking into some of the observations.

To summarize, we observed a significant improvement from the last test we
performed a few months ago. The systemic problems that created a large
volume of the discrepancies in our previous testing have been greatly
reduced. The majority of the discrepancies identified in the most recent
testing are primarily a result of random data entry errors and some deal
booking changes made in the back office without the Product Control Group's
knowledge. Torrey has already corrected the most significant discrepancies
and is continuing to investigate the smaller items.

Andrew and I will both be on vacation for the week of August 28. When we
return, we will set up a meeting with you and Dave to discuss the final
results once Torrey has had time to conclude his research.

Steve