Enron Mail

From:kelly.kimberly@enron.com
To:steven.kean@enron.com, mark.palmer@enron.com, karen.denne@enron.com
Subject:BLOCKBUSTER NEWS RELEASE
Cc:
Bcc:
Date:Fri, 14 Jul 2000 11:46:00 -0700 (PDT)

Well, it looks like we are actually announcing the Blockbuster deal next
Wednesday! Blockbuster has agreed to most of the language but the stuff in
bold (or nonbold in the case of the headline) has not been agreed to. Please
take a look, but do not circulate until Monday with others--we are missing a
few pieces and there could be more changes. Wanted you to see how it is
shaping up.

Ken Lay helped get a number of issues resolved this week by accompanying
Blockbuster to various partner and studio meetings and we really appreciate
it. He is therefore coming for the webcast taping on Tuesday and the dinner
we are hosting for our partners even if Blockbuster and Enron are the only
two to participate.

Will keep you posted. Mark, thanks for the reminder on managing expectations
about how this goes over. When I reminded Hirko and Rice that we make this
announcement as great as possible, but the market decides if they like it and
cover it, they promised not to fire me next week because of the Blockbuster
deal.