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Enron Mail |
BUSINESS HIGHLIGHTS Enron Freight Markets Enron Freight Markets signed four capacity contracts with three new counterparties to finish the third quarter. Three of the capacity deals were for options that will allow EFM to take up to 49 million truck miles along 11 different shipping lanes through 2003. The contracts will be used to meet current customer needs, as well as to expand the foundation of products offered by the mid-marketing and trading groups. IN THE NEWS The Fittest 50: Winner Profile Power the Web: Using a small energy trade site as a springboard, Enron transformed itself into a master of e-markets. Darwin Magazine BY DAINTRY DUFFY http://www.darwinmag.com/read/100101/power.html <http://www.darwinmag.com/read/100101/power.html< Enron launched its online energy marketplace in November 1999. Still, many longtime customers were wary of the change. "I had one guy that I was talking to for three to four months, and I couldn't get him to trade online," recalls Larry Gagliardi, director of marketing for the crude oil and refined products business. "Finally, I talked him through it: 'Put the little arrow on the sale price, click and you're done,'" Gagliardi says. "The next day he did five trades with us. The next week he did 20. The following week he did 40 in one day, and I had to call him and tell him to slow down." An extreme case of love at first site? Perhaps. But the simplicity-and the lack of red tape and paperwork-of EnronOnline has rocketed the company to success. Since launching the site, Fittest 50 winner Enron has not only revolutionized the energy markets but pioneered the Web as a supremely easy place to buy and sell commodities. EnronOnline now encompasses 30 commodity markets, from forest products and plastics to broadband and weather futures, and currently averages a whopping $3 billion in transactions per day. "EnronOnline is one of the leading examples of the right way to apply technology," says Bruce D. Temkin, group director at Cambridge, Mass.-based Forrester Research. "While other dotcoms tried to invent new business models, or made them up, Enron has done a great job of [using technology to] extend its business model." WELCOME New Hires EGM - James Fernie EIM - Carol Tracy, Chris Auderer ENA - John Morris, Stephanie Stehling, Chris Cramer, Bret Wells, Susan Laird NUGGETS & NOTES Mark your lunch calendars now! The next EWS Brown Bag Lunch is set for Thursday, October 18 at 11:30 AM. The topic is enhancing your market analysis and decision-making capabilities with customized geographic applications. Sounds like a mouthful, but it's very interesting and useful! The speakers are The Map Guys - Keith Fraley and Peter Hoyt. RSVP via email to Kathie Grabstald or call x 3-9610. The Portland and San Francisco offices donated over $4300 for September 11 relief efforts ($12,900+ after Enron match). They accepted donations for a week and the money went to The Red Cross, United Way 9/11 Fund, NY Firefighters & Police Widows & Children's Fund, and the Cantor-Fitzgerald Relief Fund. Thank you generous Enron employees! EnronOnline Figures Below are the latest figures for EnronOnline as of October 8 ? Total Life to Date Transactions < 1,525,000 ? Life to Date Notional Value of Transactions < $850 billion Enron Wholesale Services Best Practice Tips MCI WorldCom is Enron's Primary Worldwide Telecommunications Provider MCI WorldCom provides long distance services, calling cards and data serviced to Enron's worldwide locations. As a result of this agreement, Enron will recognize savings of $18 million over the next two years. Initial implementation has begun; look for information on the transference of existing telecommunication services to be distributed in the next 30 days. For information on commercial/contractual aspects of the agreement, please contact Tom Moore (GSS) at 713-345-5552. INFORMATION TOOLS YOU CAN USE experienceENRON ...Your partner in optimizing customer visits. Don't let the opportunity to get your customer to Enron result in only a meeting with a tour or two. Give them an experience that will have them leave knowing there's no other company to partner with then Enron! Utilizing experienceENRON's proven process and resources can minimize your sales cycle and maximize your overall numbers. For more information, call or visit our website. Contacts: http://experience.enron.com <http://experience.enron.com< Carrie Robert 713-853-3522 Jennifer Brockwell 713-345-7358 eBiz For news you can really use, click on the eBiz link below to catch up on the latest stories from around the globe. <http://home.enron.com/pubs/ebiz/issues/082401/ <http://home.enron.com/pubs/ebiz/issues/082401/<< Houston's ETV Are you interested in running a segment? Contact Courtney Votaw, Internal Communications X 3-9390, Questions about ETV? Send them a note at etv@enron.com. We are looking for speakers for the Brown Bag Lunch Series. We would love to hear from every team! So, if you have just completed a deal, are working on a special project or are a member of a team that you think would be of interest to the EWS staff at large, then contact Kathie Grabstald at x 3-9610 and we'll get you signed up to share your news with all of us. Note: All sessions take place in EB 5C2 from 11:30 AM to 12:30 PM. LEGAL STUFF The information contained in this newsletter is confidential and proprietary to Enron Corp. and its subsidiaries. It is intended for internal use only and should not be disclosed. <Embedded Paintbrush Picture<
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