Enron Mail

From:bondinfo@fmsbonds.com
To:richard.shapiro@enron.com
Subject:#995 Rick Shapiro FMSbonds.com Offering
Cc:
Bcc:
Date:Mon, 31 Dec 2001 12:43:28 -0800 (PST)

Listed below is an offering which we believe suits your investment parameters.

Aaa/AAA
TX Student Hsg Auth Rev
Coupon: 5.375%
Maturity: 1/1/2023
Call Features: 1/1/2012@102
Yield to Maturity: 5.375%
Current Yield: 5.375%
Price: $100.00
Insurance: MBIA
Form: BOOK-ENTRY
Cusip#882793AK8

If you are interested in this offering, or if we may be of assistance in any way,
please call 1-800-FMSBONDS (367-2663) ext. 2431 or e-mail
E-Desk@FMSbonds.com.

Thank You,
E-Desk
FMSbonds.com


This report is based on information from sources we believe to be reliable. We do not
guarantee the completeness or accuracy of this information.

Interest from tax-free municipal bonds is exempt from federal income taxes. Dependant
upon the investor's state of residence, interest from certain municipal bond issues may
be subject to state and local taxes.

Offerings subject to prior sale and market conditions. Discount bonds may be subject to
capital gains tax. Rates of such vary for individual taxpayers. As with any investment,
the market value may fluctuate during the period the investment is held.


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