Enron Mail

From:vince.kaminski@enron.com
To:vkaminski@aol.com
Subject:EnTouch Newsletter
Cc:
Bcc:
Date:Fri, 2 Mar 2001 07:03:00 -0800 (PST)

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 03/02/2001=
=20
03:03 PM ---------------------------
ENA Public Relations
From: ENA Public Relations@ENRON on 03/01/2001 06:13 PM
Sent by: Enron Announcements@ENRON
To: All_ENA_EGM_EIM
cc: =20
Subject: EnTouch Newsletter




BUSINESS HIGHLIGHTS

Weather Risk Management
Next week, Jeff Shankman and Mark Tawney will be attending the Weather Risk=
=20
Management Association (WRMA) conference in Tokyo. There has been=20
a lot of interest in Japanese weather derivatives to-date. Even though Jap=
an=20
is geographically a relatively small country, due to elevation differences,=
=20
there are several different climates and within each of those areas, there=
=01,s=20
a significant amount of volatility in day-to-day and season-to-season=20
weather. By leveraging EnronOnline and our global portfolio approach, Enron=
=20
Global Markets will be the dominant weather market player in Japan, as we a=
re=20
in
the US, Australia and Europe.

COMING SOON - New EWS Training Web Site
Ernie is retiring and there is a new tool to help you manage your=20
professional development. It=01,s called InvestInMe.enron.com and it is the=
key=20
to your future. In a=20
user-friendly format, you will find the current listing of internal program=
s,=20
access to a database of external programs, and registration for on-line=20
courses.
Watch for details in your email. Launch date is Tuesday, March 6, 2001.


IN THE NEWS

Analyst Robert C. Ollech, vice president and portfolio manager at Ziegler=
=20
Investment Services Group, says Wall Street will like Enron even more as=20
demand for natural gas increases, volume continues to grow on its online=20
marketplace and as the company's broadband business starts making money. =
=20
Enron, which has beat analysts' estimates in five of the past seven quarter=
s,=20
is not a cheap stock. But Ollech says its relatively young management team =
is=20
focused on maximizing systems and business lines it has spent five years=20
developing. Plus, the company is selling such assets as a power plant in=20
Oregon, moves Ollech says could boost its return on equity to 18% or higher=
=20
from the present 12%. "This is an innovative story that's finally getting=
=20
out," Ollech says. 02/25/2001 The Milwaukee Journal Sentinel.


WELCOME
New Hires
ENA =01) Angelic Davis, Dipak Agarwalla, Sean Maki, Juliann Kemp, Bridget F=
raser
EIM =01) Louis Amo
Transfers
EGM =01) Patrick Conner
EIM =01) Douglas Seaworth
ENA =01) Eric Feitler, Santiago Garcia, Philip Polsky, Lauren Schlesinger

NUGGETS & NOTES

=01&If you=01,re not trading EOL, you=01,re not trading.=018 =01) John L. W=
ilson, Vice=20
President/EGM

=01&Training=01(.all the cool kids are doing it!=018 =01) Tom Wilbeck/ENA

Congratulations to Michelle and David Vitrella, manager of trading/EGM. Th=
ey=20
are the proud parents of a baby girl born February 27 weighing
over 9 lbs.

NEWS FROM THE GLOBAL FLASH

International
World Watch
Compiled by David I. Oyama
Enron Seeks Deals for Japanese Assets=20
The Japanese unit of U.S. power producer and trader Enron is considering=20
asset swaps with Japanese power companies, in a deal that would make Enron=
=20
the first
foreign company to buy a Japanese power plant. An Enron Japan official said=
=20
it is talking to power companies and "owners of power generators in Japan=
=20
about=20
the possibility of asset exchanges," confirming a report in the Japanese=20
business daily Nihon Keizai Shimbun. The report also said Enron Japan may=
=20
enter deals
with Japanese companies for joint power-generation acquisitions abroad.=20
Japanese deregulation measures have opened the door to new foreign and=20
domestic=20
competitors in an industry dominated for years by 10 regional Japanese firm=
s.=20
Enron Japan was established last May, two months after deregulation measure=
s
were passed allowing nonutility companies to begin supplying power to large=
=20
commercial users such as shopping centers and office towers.
03/01/2001 The Wall Street Journal (Copyright © 2001, Dow Jones &=20
Company, Inc.)

=20
LEGAL STUFF
The information contained in this newsletter is confidential and proprietar=
y=20
to Enron Corp. and its subsidiaries. It is intended for internal use only =
and
should not be disclosed.