Steve Hall

By the way, I spoke to Chris Foster and Greg Wolfe about the relative merits
of Steve Hall and Shari Stack. Their thinking was that Steve is probably a
better "deep thinker" (to use Elizabeth's words) but that he might be bored
with the routine transaction work that Shari seems to really enjoy. He also
doesn't have the ISDA background which would provide tremendous benefit to
us. Therefore, I think Shari is a better fit for our current needs.

Having said that, I am extremely impressed with Steve. He has a better
handle on this California work than anyone I've worked with yet. He seems
really bright and responsive. I talked to him last week about working for
Enron and he seemed interested. I didn't get into any details about our
needs, but gauged his general level of interest in the work that he is doing
for us and his willingness to consider jobs other than his current one. He
basically said that he would be happy to hear about opportunities here. I
was talking to Richard Sanders yesterday and he also is impressed with Steve
and said that he had considered trying to hire him. I don't know if there is
a position for Steve or not. I just wanted to give you feedback on my
discussions with him. Let me know if you need any help or information from
me on this matter.

Regards,
Tim