Raymond James & others ready for execution

Sam, I am forwarding to you the final version of the ECT Investments -
Raymond James Agreement today for execution. By the end of the day, R/J
should call me back with a separate account number for an identical agreement
for ENA for signature as well. Please have the accompanying docs ready so
that we can send everything out for signature asap.

Stephanie, by the end of the day or Monday, we are going to have ready for
execution the agreements with "Simmons" and Frost -- both with ENA. Can you
doublecheck with Aneela that this choice, based on her list, is correct.
Then, when these come in at the end of the day or Monday I will forward for
execution.

Do we know who other than Gary could sign any agreements today? If not,
maybe we will take all of these, plus Robertson Stephens and J.P. Morgan to
him on Monday.

We may have to wait until Monday to talk about Enron Credit because I have to
spend the rest of the afternoon preparing the SEC docs, opinion letters and
other documents for the sale of the Cynet stock by the Houston Economic
Opportunity Fund LP.

Cheryl Nelson
Senior Counsel
EB3816
(713) 345-4693