Enron Mail

From:sara.shackleton@enron.com
To:ted.murphy@enron.com
Subject:Cargill Investor Services, Inc. ("Cargill") and inactive futures
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Date:Wed, 31 May 2000 07:27:00 -0700 (PDT)

Cc: mark.taylor@enron.com, susan.flynn@enron.com
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Ted: ENA, formerly Enron Gas Marketing, Inc., opened a futures account with
Cargill in 1993. I am advised that there has not been any activity with
Cargill for many months. It appears that we had subaccounts for trading
crude, nat gas, unleaded gas. We do not have any margin residing with
Cargill.

Given our recent discussions regarding inactive equity accounts, I was
wondering if you had given any thought to inactive futures accounts.

As of 5/23/00, I see only 13 active futures accounts. The following accounts
appear to be dormant:

(1) Bank One - I am currently negotiating to open up a margin line
(2) Cargill
(3) Daiwa Securities America
(4) Gerald Inc. (may have merged or business moved to another firm)
(5) Merrill Lynch Futures
(6) Paine Webber
(7) OM Stockholm (paper)
(8) Spear, Leeds & Kellogg

Please let me know what action you would like to take, if any, or discuss in
general. Thanks. Sara