Turner/CNN

----- Forwarded by Steven J Kean/NA/Enron on 01/18/2001 12:39 PM -----

Stephen Dowd@ENRON COMMUNICATIONS
01/16/2001 12:12 PM

To: Steven J Kean/NA/Enron@ENRON, Edward Ondarza/Enron Communications@Enron
Communications, Stewart Seeligson/Enron Communications@Enron Communications
cc:
Subject: Turner/CNN

Gentlemen

I just got off the phone with David Stark who wanted to better understand the
thinking behind Enron's preference for a smaller marketing deal rather than
the full sponsorship that Uva and Stark pitched last week. I reiterated to
him that we would not normally entertain such a large deal without a
significant commercial transaction (or series of transactions) and that the
size of the opportunity set currently in front of us only justified
discussing the smaller marketing deal as indicated in Steve's email. Stark
pressed to know what value we wanted to see in the set of AOL/TWX/Turner/CNN
deals that are underway currently. He was clear in stating that if we had a
number in mind, he could push other parts of the organization to direct
business our way sufficient to meet our needs to justify a larger
sponsorship. I declined to give him a value, but I think we should discuss
this in some detail.

I'll get in touch to set something up.

Stephen Dowd
Enron Broadband Services
(713)345-7219 - Office
(713)858-8867 - Mobile