John,

Does next Thursday at 3pm fit your schedule to go over the rockies
forecasts? I will set up a room with Kim.

Here are some suggestions for projects for Colleen:

1. Review and document systems and processes - The handoffs from ERMS,
TAGG, Unify, Sitara and other systems are not clearly understood by all the
parties trying to make improvements. I think I understand ERMS and
TAGG but the issues facing
scheduling in Unify are grey.

2. Review and audit complex deals- Under the "assume it is messed up"
policy, existing deals could use a review and the booking of new deals need
further scrutiny.

3. Review risk books- Is Enron accurately accounting for physical
imbalances, transport fuel, park and loan transactions?

4. Lead trading track program- Recruit, oversee rotations, design training
courses, review progress and make cuts.

5. Fundamentals- Liason between trading and analysts. Are we looking at
everything we should? Putting a person with a trading mentality should add
some value and direction to the group.

In fact there is so much work she could do that you probably need a second MD
to work part time to get it done.

Phillip