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		      Rieker, Paula
		      Wednesday, August 01, 2001 1:58 PM
		      Skilling, Jeff
		      Koenig, Mark
		      Alliance


We have a video conference call scheduled with Alliance's Minneapolis office on Friday afternoon at 1:30 p.m.Houston
time from our Board Room. Allliance owned 3 MM ENE shares at 9/30/00, accumulated up to a balance of 18 MM shares
by 3/31/Oland now owns 19.8 MM shares.

A few thoughts on the session:
*   Attendees - Expect broad range of ENE knowledge, from the GIG and Dan Nordby (Sr. PM-Large Cap, attended the
    recent NYC meeting) who both own the stock to novices
*   Format - 10-15 minute overview geared to those who do not know Enron, followed by Q&A
*   Specific areas of interest:
    *  Risk management systems, process and limits
    *  Capital allocation and in-house management of return on capital
    *  Cash flow
       *   Deposit activity
       *   Historic lumpiness
    *  Insider sales
    *  Outlook for both profit and volume growth if pricing becomes less volatile

They will have copies of the recent analyst presentation as well for reference. I look forward to seeing you Friday. Paula

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