Systems - ERMS

---------------------- Forwarded by John J Lavorato/Corp/Enron on 10/17/2000
01:25 PM ---------------------------

From: Jeffrey C Gossett @ ECT 10/17/2000 09:45 AM

To: John J Lavorato/Corp/Enron@Enron
cc:

Subject: Systems - ERMS

John -

Again, we are having "big time" systems issues. While we are having the
usual length of time issues (a few people were here past midnight last
night), the issues that occured last night are much more serious than in the
past. The system brought through totally inaccurate information on a few
books. (Positions, value, etc.) Luckily, these errors were all caught
last night, but if a less experienced person had been on those books, it
could have been a disaster. (Traders getting incorrect positions and p&l and
interest rate and credit getting incorrect numbers.) I have contacted those
in ERMS that need to be involved, but I would appreciate it if you could
provide additional support to this effort.

Thanks,

Jeff