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Message-ID: <26262966.1075855491691.JavaMail.evans@thyme>
Date: Fri, 20 Apr 2001 10:08:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
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BUSINESS HIGHLIGHTS
Enron Industrial Markets
Metal Bulletin - Iron and Steel Awards for 2000
Pushiest Entrant: Enron, the US commodity trading company, which promised i=
t=20
would revolutionize the steel business by offering futures in hot rolled co=
il=20
via its online market place.
The EIM Fundamentals Analysis group is excited to announce that Dave Allan=
=20
has joined as a Director, responsible for all Forest Products lines. He=20
comes to EIM with 20 years of experience in the Forest Products industry, o=
f=20
which 14 were spent at Abitibi and 6 with Pulp and Paper Week. Please join=
=20
us in welcoming Dave.
The Siebel Team (=01&The Force=018) continues to work towards program=20
implementation of its customer management system in early May, with trainin=
g=20
to begin at the end of April. Stay tuned for updates.
Enron Global LNG
Enron Global LNG is positioning itself to be a creator and leader of a glob=
al=20
wholesale LNG market. The rising prices of natural gas in the United State=
s=20
and concerns over future energy supplies have created a bullish outlook for=
=20
LNG in the U.S. and around the globe. LNG has played a major role in=20
serving energy needs in many parts of the world, but its place in the U.S.=
=20
energy picture has been limited. An LNG market that spans the globe can=20
supply vast amounts of otherwise stranded gas to the world=01,s growing app=
etite=20
for cleaner burning fuels. Enron Global LNG sees great opportunity for=20
Enron=01,s wholesale energy business model to help shape yet another energy=
=20
market.
IN THE NEWS
Enron Corp. Says First-Quarter Profit Rose 20 Percent=20
Houston, April 17 (Bloomberg) -- Enron Corp., the largest energy trader, sa=
id=20
first-quarter profit rose 20 percent as sales almost quadrupled. Profit fro=
m=20
operations rose to $406 million, or 47 cents, from $338 million, or 40 cent=
s,=20
in the year-earlier period. Enron raised its 2001 profit forecast to $1.75=
=20
to $1.80 a share, from its January projection of $1.70 to $1.75.
First-quarter revenue surged to $50.1 billion from $13.1 billion as Enron=
=20
boosted the volume of power sold in North America by 90 percent. Enron had =
a=20
first-quarter gain of $19 million, or 2 cents a share, for an accounting=20
change, making net income $425 million, or 49 cents a share. There were no=
=20
charges or gains in the year-earlier period. =20
WELCOME
New Hires
EGM - Janelle Russell,=20
EIM - David Allan, Sylvia Carter
ENA - Sasha Divelbiss, Amy Quirsfeld, Judy Zhang, Annette Thompson, Kelly=
=20
Donlevy-Lee, Grant Patterson
Transfers (to or within)
ENA =01) William Abler, Magdalena Cruz, Barbara Taylor, James Reyes, Marvin=
=20
Carter, Angel Tamariz, Jesse Bryson
EIM =01) Cassandra Dutton, Christine Sullivan, Camille Gerard, Sherri Katho=
l,=20
Jennifer Watson
EGM =01) Steven Batchelder
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.