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Date: Thu, 9 Nov 2000 10:09:00 -0800 (PST)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: Ameriflash Newsletter
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BUSINESS HIGHLIGHTS

TRANSACTION DEVELOPMENT
Transaction Development, headed by Rodney Malcolm, works with Pulp & Paper,=
=20
Lumber and Steel to structure and execute some of the more complex deals. =
=20
Members of the Transaction Development team have a strong track record of=
=20
closing structured transactions involving both capital and commodity risks.=
 =20
Sample deals would include working on the acquisition of Garden State Paper=
=20
earlier this year, and structuring and pitching the first all requirements,=
=20
index based, physical steel supply contract to one of the largest players i=
n=20
the steel servicing segment of the steel industry.

The ability to buy and sell physical product will be critical to creating a=
=20
commodity product in these businesses.  Getting access to the physical=20
product will require creating compelling financing structures, as well as=
=20
potentially buying assets to get control of their production capability.  I=
n=20
all these situations, the Transaction Development team will be a key player=
=20
in driving these opportunities to closure.


PEP - REVIEWER FEEDBACK DEADLINE
The Year End 2000 Performance Review Process closes November 17. To access=
=20
PEP, go to http://pep.corp.enron.com.  To avoid system delays, please log-o=
n=20
before the deadline.

If you have any problems accessing the system or have any questions regardi=
ng=20
the Performance Management Process, please call the HR Helpdesk at x3.4040=
=20
option 4 or email pep.enquiries@enron.com.
=20

OPEN ENROLLMENT 2001
The final date for making your 2001 benefit elections or changes is Novembe=
r=20
15, 8:00 am CST to 5:00 pm CST.  Remember, that your current 2000 health=20
benefit elections will rollover for 2001 if you do not make any changes.

Log-on to www.enron.benefitsnow.com or call 1-800-425-5864.


WELCOME

New Hires ENA/EIM/EGM
ENA =01) Tamara Carter/Gas Logistics, Albert Escamilla/Global Counterparty,=
=20
Michael Girraratano/Gas Assets Operations, Cassandra Mayeux/Reporting,=20
Planning Accounting, Christina Perez/Power Plant Acct., Eve Puckett/Info &=
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Records Management, Tracey Wood/Gas Logistics

EGM =01) David Hoog/GRM Risk Products, Judy/Currency Trading


SAVE THE DATE

ENA/EIM/EGM-HOLIDAY PARTY
Enron Field
Saturday, December 9
7:00 pm - Midnight


NUGGETS & NOTES

"Bigger, faster" - Dave Delainey/CEO-ENA

"Four bid at five. What do you want to do?" John Arnold, Vice=20
President-Financial/Nymex Trading

"We trade weather."  Gary Taylor, Manager - Weather Risk Management Group
"You trade WHAT?!" anyone Gary speaks with.


LEGAL STUFF

The information contained in this newsletter is confidential and proprietar=
y=20
to Enron Corp. and its subsidiaries.  It is intended for internal use only=
=20
and should not be disclosed outside of Enron.