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Message-ID: <5923463.1075855490730.JavaMail.evans@thyme>
Date: Thu, 26 Apr 2001 16:42:00 -0700 (PDT)
From: enron.announcements@enron.com
To: all_ena_egm_eim@enron.com
Subject: EnTouch Newsletter
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BUSINESS HIGHLIGHTS
Enron Global Markets=20
In a combined effort, Global Risk Markets (GRM), a unit of Enron Global=20
Markets, and Southeast Power Origination, part of Enron Americas, closed=20
Enron's first Contingent Call Outage Option in the 1st quarter 2001. The=20
product was created to provide customers with a cost effective risk=20
management tool to hedge against high commodity prices after experiencing a=
n=20
unplanned power generation outage.
The transaction was entered into with UtiliCorp United to manage its=20
generation risk for summer 2001. This risk is associated with a forced outa=
ge=20
of their largest coal unit during peak summer demand. The transaction, whic=
h=20
was developed jointly with the Southeast Power group, highlights the benefi=
ts=20
of cooperation between business units within Enron. GRM is working with a=
=20
number of business units to integrate this risk management product into oth=
er=20
Enron businesses to enhance value to our customers. For additional=20
information on the product, please call David Hoog in the New York office a=
t=20
212 702 3920.
IN THE NEWS
WORTH Magazine Names the Top 50 CEO's
NEW YORK--(BUSINESS WIRE)--April 23, 2001--Fifty of the country's chief=20
executive officers have been chosen by WORTH magazine as the top business=
=20
leaders in the nation, it was announced by W. Randall Jones, CEO, Worth=20
Media.=20
The third annual listing of CEO's by WORTH is determined based on each=20
leaders "foresight, judgment, and competitive juice to make their investors=
=20
happy." Rounding out the top 5 are the following best leaders:
1. Steve Ballmer, CEO, Microsoft 2. Jeffrey Skilling, CEO, Enron 3.=20
Philip Purcell, CEO, Morgan Stanley 4. James Morgan, CEO, Applied=20
Materials =20
5. Margaret Whitman, CEO, eBay=20
"We selected this year's list based on our belief in the CEO's ability to=
=20
deliver long-term shareholder value," said Jones. "The real test is not to=
=20
recognize past achievements but to be able to look back in five or ten year=
s=20
from now. As a matter of fact, some CEO's we've chosen haven't made money f=
or=20
share holders in the past few years, but we believe they are poised to do s=
o=20
now." WORTH's methodology for selecting the 50 best CEO's strives to balan=
ce=20
their possession of a vision with a demonstrated ability to execute under=
=20
stress and when confronted by urgent challenges.=20
WELCOME
New Hires
EGM - Chrishelle Berell, Paul Murray, Yong Yi
EIM - Jeff Nutt
ENA - Keegan Farrell
Transfers (to or within)
ENA - Joe Parks, Mike Purcell
EGM =01) Samuel Enochian
NUGGETS & NOTES
Travel Tip of the Week: Book non-refundable tickets. Airlines typically=20
allow unused non-refundable tickets to be applied towards subsequent travel=
.=20
Even if you need to make a change at a rate of $100, in many cases the chan=
ge=20
fee plus the ticket price is still less than a refundable ticket.
For example: Houston to Washington, D.C.
Refundable: $ 1,447
Non-refundable $ 540
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.