Enron Mail

From:liz.taylor@enron.com
To:lmueller@wrhambrecht.com
Subject:Re: Enron & WR Hambrecht + Co
Cc:john.greene@enron.com
Bcc:john.greene@enron.com
Date:Tue, 3 Apr 2001 02:27:00 -0700 (PDT)

Leslie,

Greg has forwarded this on to John Greene for handling. I believe you and
John have been in communication. I did let John know you were wanting to
schedule a high-profile meeting, asap. John will be in contact with your
office today or tomorrow.

Many Thanks,

Liz Taylor




Leslie Mueller <lmueller@WRHambrecht.com< on 03/29/2001 01:09:38 PM
To: "Greg Whalley (E-mail)" <whalley@enron.com<, "John Greene (E-mail)"
<john.greene@enron.com<
cc:
Subject: Enron & WR Hambrecht + Co


<<Enron Proprietary Trading Proposal III.doc<< Dear Greg and John,

Following up on the call we had with John
on March 19, the attached Executive Summary
describes a joint venture between Enron & WR Hambrecht,
a securities capability focused initially on proprietary
trading
of common stocks in the technology sector as the first
phase
of a relationship which could expand further to take
advantage
of financial market opportunities including equity
derivatives trading
and market making, fixed income agency block and
principal trading,
fixed income and hybrid securities derivatives, and ECNs.
The
financial model provided envisions supporting a
relatively small
initial effort to control enterprise risk as well as to
provide a setting
wherein Enron and WRH can begin to work together.
Economics
should scale well in tandem with the amount of committed
and
reinvested capital.

In order for Enron to investigate this JV opportunity in
depth, we
would like to propose as a next step a meeting at your
offices wherein
we may speak at some length to our ideas for
collaboration.

In addition to this proposal, as discussed, we remain
interested in
exploring a separate effort focused on the area of lease
securitization
and would appreicate your guidance on how to proceed with
initial
conversations within Enron on this front.

Thanks for your consideration. I look forward to speaking
with both
of you.

Leslie Mueller
Head, Corporate Marketing
415-551-8615
www.lmueller@wrhambrecht.com



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- Enron Proprietary Trading Proposal III.doc