234 lines
9.1 KiB
Plaintext
234 lines
9.1 KiB
Plaintext
Message-ID: <2976112.1075855479090.JavaMail.evans@thyme>
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Date: Thu, 2 Nov 2000 15:19:00 -0800 (PST)
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From: enron.announcements@enron.com
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To: all_ena_egm_eim@enron.com
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Subject: Ameriflash Newsletter
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Mime-Version: 1.0
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Content-Type: text/plain; charset=ANSI_X3.4-1968
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Content-Transfer-Encoding: quoted-printable
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X-From: Enron Announcements
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X-To: All_ENA_EGM_EIM
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X-cc:
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X-bcc:
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X-Folder: \Frank_Ermis_Dec2000\Notes Folders\Discussion threads
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X-Origin: Ermis-F
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X-FileName: fermis.nsf
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BUSINESS HIGHLIGHTS
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Oil Products
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The Oil Products Group executed a 1 year physical transaction, whereby Enro=
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n=20
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supplies Delta Airlines 100,000 barrels/month for one year beginning in =20
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November of 2000, for a total of 1.2 million barrels.
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Weather
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On December 6 at 7pm, the Weather Channel will run a 15 minute special=20
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interest story on Weather Derivative trading. Approximately 8 minutes of=
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=20
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this telecast will focus on the Enron Weather Risk Management group, led by=
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=20
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Mark Tawney, director. In September, a film crew spent two days recording t=
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he=20
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group's activities and interviewing Mark Tawney; Steven Vu, head of trading=
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;=20
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Gary Taylor, head of marketing; and Brando Hayden, trader. Efforts to=20
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publicize Enron's leading position in the Weather Risk marketplace have=20
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included this television show, the Enron Corp commercial focused on weather=
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=20
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risk management, and several articles written by members of the Enron Weath=
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er=20
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Trading group. What's next? Enron Weather: the Movie - coming soon to=20
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theatres near you!
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Principal Investments
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Tridium Inc., the leading provider of Internet-based automation=20
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infrastructure solutions, announced the closing of a $20 million round of=
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=20
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capital funding. The funds will be used to increase Tridium=01,s sales and=
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=20
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technical support offices in North America, expand its operations into Euro=
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pe=20
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and Asia, and enhance its technology and products. kRoad Ventures, L.P. and=
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=20
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Enron North America each contributed $10 million in venture capital.
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Energy Capital Resources
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Westwin Energy, LLC, a privately held oil and gas exploration and productio=
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n=20
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company based in Midland, has been formed by the former management team of=
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=20
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ARCO Permian. Along with the company=01,s formation, Westwin announced its=
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financial partner, which is Enron North America. Westwin Energy will focus=
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=20
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on drilling opportunities and select acquisitions in the Permian Basin of=
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West Texas and Southeast New Mexico.
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Enron Industrial Markets Fundamentals Analysis
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Following the example of other Enron entities, Enron Industrial Markets has=
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=20
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established a Fundamentals Analysis Group. Under the direction of Andrea=
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=20
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Reed, the group is similar to the others, with the objective of providing=
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=20
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market, industry, and regulatory information and identifying potential=20
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commercial opportunities for originators and traders. Doug Moreno and Caro=
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l=20
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Marshall are the information experts. They are presently working to=20
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aggregate all of Enron=01,s various resources into a library and a website=
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(coming soon at http://eimfundy.dev.corp.enron.com/). Jennifer Riley is th=
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e=20
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quantitative analyst, and has already analyzed a number of statistical=20
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relationships for the business entities to identify possible hedging=20
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strategies. Peggy Determeyer (steel) and Karen Carter (paper/pulp and=20
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lumber) will be providing analytical services to the two primary product=20
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lines. Tammy Davis keeps them all organized with terrific administrative=20
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support. Doug, Jennifer, Tammy, and Carol have followed Andrea from her=20
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previous Merchant Asset Portfolio Management assignment, while Peggy and=20
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Karen have joined from Enron South America and Enron North America,=20
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respectively. If you have any ideas for critical analyses or information=
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=20
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needs, contact one of them for help.=20
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Foreign Exchange (FX) and Sovereign Risk (ENA Research Group)=20
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In last week=01,s Ameriflash newsletter, we introduced you to the Country R=
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isk=20
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and Foreign Exchange (FX) Department within the ENA Research Group, which=
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=20
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included our responsibilities and some of the products we have developed fo=
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r=20
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Enron various business units. This week we would like to introduce you to t=
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he=20
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members of our group, Maureen Raymond-Casta=0Feda, Gwyn Koepke, Yana Krista=
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l,=20
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and Leann Walton.
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Maureen Raymond-Casta=0Feda heads the Country Risk and Foreign Exchange tea=
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m,=20
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reporting to Vince Kaminski. Maureen is Enron=01,s Chief Economist and is=
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=20
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responsible for corporate sovereign risk and economic analysis, briefing th=
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e=20
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FX trading desk on major central bank policies, forecasting all FX and=20
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revenue escalators corporate-wide for 60 countries, and advising Enron=01,s=
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underwriters and the Chief Credit Officer. As Enron changes its business=
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objectives, our group serves these objectives through our analysis. For=20
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example, we provide research and analysis services to the steel fundamental=
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analysis group as well as to the non-ferrous metals group in London. Gwyn=
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Koepke is an Associate and is responsible for conducting economic analysis=
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=20
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for all FX and inflation curves produced by the group as well as writing=20
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country briefs for the various Enron business units. Yana Kristal is an=20
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analyst who gathers country research and prepares Excel charts. Leann Walt=
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on=20
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is the team=01,s newest member and provides all administrative and research=
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=20
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support.=20
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As a reminder, the Country Risk and FX team launched a new product in Octob=
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er=20
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called the Enron =01&Global Markets Monitor,=018 which informs traders and=
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=20
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management about important international economic events and their impact o=
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n=20
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currency and financial markets. If you would like to receive the Monitor on=
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a=20
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weekly basis via email, please send a note to Leann Walton. Or, you can=20
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obtain the Global Markets Monitor from our web site at:
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http://ecthouwebcl1.nt.ect.enron.com/research/ForeignExchange/FXMain.htm
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(look for the spinning New sign) =01) Please add this to your bookmarks or=
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=20
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favorites.
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FINAL RESULTS FOR THE PULSE
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Thanks to all who participated in Enron's annual employee survey. The tota=
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l=20
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participation rate for ENA/EGM/EIM was 68.90%, which was an increase of=20
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almost 20% from last year. Additionally, we beat the Enron Corp. average=
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=20
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68.90% to 68.87%. Some might say that this is statistically insignificant,=
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=20
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but we prefer to point out that a win is a win!
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WELCOME
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New Hires
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ENA- Doglas Allen, Brooks Barnes, Angela Cadena, Reno Casimir, Amelia=20
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Cavazos, Jane Coleman, Andrea Dahlke, Susan Entman, Kulvinder Fowler, Krist=
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i=20
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Fredericks, Tammy Gilmore, Lori Haney, Brandee Jackson, Janine Kattner,=20
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Brenna Neves, Vivian Nguyen, Dexter Peoples, Erica Rodriguez, Patricia Room=
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e,=20
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Dayna Smith, Stephanie Wainwright, Ellen Wallumrod, Deanna Washington,=20
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Gregory Whitman
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EGM- Mario De la Ossa, Stephanie Harris
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IN THE NEWS
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FORTUNE, November 13, 2000, Page 80
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Beware: You Could Soon Be Selling Soybeans Make your products stand out =01=
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)=20
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fast =01) before someone turns it into a commodity.
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"=01(What=01,s next? Fortune says you can run a reverse auction anytime you=
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can do=20
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two things: specify exactly what you want and identify several bidders you=
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=20
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deem qualified to fight for the business. Let your imagination roam. At Enr=
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on=20
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they never stop thinking about new products and services for which they can=
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=20
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make markets. First gas and electricity, now bandwidth, ocean shipping,=20
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paper, and much else."
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Internet Week, October 30, 2000
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"Enron doesn't just make markets; it assaults them."
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NUGGETS & NOTES
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=01&Results not reasons=018 =01) Craig Breslau, VP/Industrial Middle Market=
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s-ENA
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"Okay, here's the deal..." - Jean Mrha Beach, VP/Upstream Origination-ENA
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LAST WEEK'S TEASER
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Question
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In your cellar there are three light switches in the OFF position. Each=20
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switch controls 1 of 3 light bulbs on the floor above. You may move any of=
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=20
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the switches but you may only go upstairs to inspect the bulbs one time. H=
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ow=20
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can you determine the switch for each bulb with one inspection?
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Answer
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Turn switch one on for a while=01(then turn it off. Turn switch two on, go=
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upstairs to inspect. The hot bulb is controlled by switch one, the lit bul=
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b=20
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is controlled by switch two. The unlit bulb is controlled by switch three.
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CONGRATULATIONS to our winners: Richard McKeel, Jim Sugrue, Ed Hearn, Rhond=
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a=20
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Denton, Mark Breese, Benjamin Thomason, Gil Muhl, Corey Hollander, James=20
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Haden, Stinson Gibner, Richard Zamora, Robert Stalford, John Gordon, Dan=20
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Darland, Andre Templeman, Hector McLoughlin, Shelly Stubbs, Kelly Ellis,=20
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Valter Stoiani, Dennis Lee, Paul Gregory, Rainer Cockrell, Regan Rorschach,=
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=20
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Bill Rust, Gerald Gilbert.
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LEGAL STUFF
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The information contained in this newsletter is confidential and proprietar=
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to Enron Corp. and its subsidiaries. It is intended for internal use only=
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and should not be disclosed outside of Enron. |