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allen-p/sent_items/263.
subject: content: Jacques, If you can believe it I have been unable to get with Pauline Kuo to sign all the agreements. Kevin Kolb sent me additional comments on Monday. I faxed those to you. Can you please make the changes to the "Receipt of Payment". I can change and initial the small change on the settlement agreement or if you email the document I will change it on the computer. It would be easier if you could email me the documents so I can print out originals here. Thank you, Phillip
allen-p/sent_items/264.
subject: content: Jeff, In light of the puny VAR allotments attributed to the simulated trading participants, we have decided to graduate Matt Smith from the exercise. Please advise Kimat Singla it will no longer be necessary to calculate a simulated book for Matt Smith. Please use his COB 9/25/01 P&L as his official score for this exercise and post his total on the High Score table under the initials MDS. Thank you, Phillip
allen-p/sent_items/265.
subject: RE: Final Internal Review for Sign Off: Common Mistakes content: This is a list of common mistakes. However, as the group works together to create exercises and scenarios for the simulation many additional ideas will be generated. I don't want to hold up this document. I just want everyone to be aware that it is not all inclusive. Phillip -----Original Message----- From: McDaniel, Kirk Sent: Tuesday, September 25, 2001 10:00 AM To: Allen, Phillip K.; O'rourke, Tim; Frolov, Yevgeny Subject: Final Internal Review for Sign Off: Common Mistakes Gentlemen Please take a look at the attached document. Provide me with your final input, if any, in so that I can give Accenture Sign off acceptance. This document includes input Accenture received or derived from yesterday's Design Scope meeting. Tim do you still want to include on this document the issue around "Not listening to "Customer'/ Misjudging customers needs & risk"? Or do you feel it fits into one of the 8 high level buckets listed in the attachment. I request everyone's input by COB, Wednesday 9/26 in so that if changes are needed we can still get final sign off by COB Friday 9/28. Thanks - Common Mistakes-Sim.doc << File: Common Mistakes-Sim.doc >>
allen-p/sent_items/266.
subject: RE: Final Internal Review for Sign Off: Performance Objectives content: Kirk, This document is fine. -----Original Message----- From: McDaniel, Kirk Sent: Tuesday, September 25, 2001 10:16 AM To: Allen, Phillip K.; Arnold, John; O'rourke, Tim; Frolov, Yevgeny Subject: Final Internal Review for Sign Off: Performance Objectives Importance: High Gentlemen Please take a look at the attached document. Provide me with your final input, if any, in so that I can give Accenture Sign off acceptance. This document includes input Accenture received or derived from yesterday's Design Scope meeting. Tim Your initial concerns around Processes and Knowledge Acquisition were relayed to Accenture and they stated that these will be addressed in the learning objectives, which will be the more detail backup to this high level documents. Yevgeny Your Fundamentals issue was handled by the i.e. notation on this document. In addition, Accenture said Yes that this document is aligned with the Topics Document and will be aligned with the more detailed back up document (i.e. Outline) that will support the Topics Document. I request everyone's input by COB, Wednesday 9/26 in so that if changes are needed we can still get final sign off by COB Friday 9/28. Thanks Cheers Kirk - Performance Objectives-Sim.doc << File: Performance Objectives-Sim.doc >>
allen-p/sent_items/267.
subject: RE: Final Internal Review for Sign Off: Topics and Related content: Kirk, I would modify this document slightly. The first section is titled "Introduction to Risk Management" and the second section is "Hedging Instruments/Risk Management Products". However, many of the bullet points in the first section are describing hedging instruments that belong in second section. I would limit the introduction to types of risk, identifying risk, and examples when risks are not hedged. Then the second section should contain all the details of hedging tools. Definitions of derivatives and how they can be used to manage the risk in the first section would be in this section. The third section would include the roles and accounting basics. You might want to include the commodity 101 info here, at least gas and power. Phillip -----Original Message----- From: McDaniel, Kirk Sent: Tuesday, September 25, 2001 4:10 PM To: Allen, Phillip K.; Arnold, John; O'rourke, Tim; Frolov, Yevgeny Subject: Final Internal Review for Sign Off: Topics and Related Objectives Gentlemen Please take a look at the attached document. Provide me with your final input, if any, in so that I can give Accenture Sign off acceptance. This document includes input Accenture received or derived from yesterday's Design Scope meeting. I request everyone's input by COB, Thursday 9/27 in so that if changes are needed we can still get final sign off by COB Friday 9/28 or Monday 10/1. Thanks Cheers Kirk - Topics and Related Objectives.doc << File: Topics and Related Objectives.doc >>
allen-p/sent_items/268.
subject: FW: Arizona content: -----Original Message----- From: Lawner, Leslie Sent: Wednesday, September 26, 2001 4:31 PM To: Tycholiz, Barry; Miller, Stephanie; Allen, Phillip K.; Tholt, Jane M. Subject: Arizona I was just talking to counsel in Phoenix who informed me that a number of planned merchant generators in Arizona were in danger of being killed by the Arizona Corporation Commission. There are apparently concerns with interconnecting these plants where existing plants already are located, and reliability and terrorist-threat possibilities that they raise. I don't know if this matters to you but in case it does, just wanted you to know.
allen-p/sent_items/269.
subject: FW: El Paso Capacity content: -----Original Message----- From: Bronstein, Mara Sent: Tuesday, September 18, 2001 12:38 PM To: Allen, Phillip K. Subject: El Paso Capacity
allen-p/sent_items/27.
subject: RE: Comanch Trace Home content: Sounds good. This email address goes to my work. If you finish on Friday or over the weekend, please send to [email protected] <mailto:[email protected]>. Thanks, Phillip Allen -----Original Message----- From: "Tony Roberts" <[email protected]>@ENRON Sent: Wednesday, December 12, 2001 3:57 PM To: Allen, Phillip K. Subject: Comanch Trace Home Phillip, I will have the take off completed by Monday and will forward via email. Thanks, Tony Roberts
allen-p/sent_items/270.
subject: RE: Log Home Site content: I like these homes much better than the one from earlier this week. I like the steeper pitched roof and the high glass windows in the top of the gables. Plus these seem a little bigger. I like the floor plan of the hoover plan better than the van gendersen. The kitchen should be bigger. You could take some space from the sewing room and add an island to the kitchen. -----Original Message----- From: Richter, Jeff Sent: Friday, October 05, 2001 9:42 AM To: Allen, Phillip K. Subject: Log Home Site http://www.ayrewood.com/Hoover_Floor_Plan.htm Check this out. Jeff Richter 503.464.3917 (w-pdx) Enron North America 503.701.6488 (c) West Power Services 503.464.3740 (fax) 121 SW Salmon Street 3WTC0306 [email protected] Portland, Oregon 97204
allen-p/sent_items/271.
subject: content: Greg, I forgot to mention the Perrin Oaks ideas. They are on the attached memo. Have a good weekend. Phillip
allen-p/sent_items/272.
subject: content: Mery, Please email me back with a location for tomorrow's meeting. Phillip
allen-p/sent_items/273.
subject: RE: Bishops content: Greg, I went to the title company yesterday and as instructed by Irwin I signed t= he deed of trust, the promissory note for 8.4, and the subordination agreem= ent. Can the loan amount be adjusted based on new costs estimates. What w= ill happen at closing? Is the major problem with the appraisal that since = the land was only appraised at 1,120,000 we would be required to contribute= an additional 180,000 in equity? If so, that is not good. You mentioned that the we are firm on the construction numbers given to me = previously. Can you send those numbers again so I can be positive I am not= looking at old numbers. Also, I would really appreciate a schedule of tru= e costs and expected loan. Thank you, Phillip -----Original Message----- From: =09Greg Thorse <[email protected]>@ENRON =20 Sent:=09Tuesday, October 09, 2001 1:45 PM To:=09Allen, Phillip K. Subject:=09Bishops Phillip, I am trying to press Bank to get the Deed of Trust to you. I am in a balanc= ing act between moving on the construction and holding until the lien is pe= rfected. I talked to Cheerie and she said the person in Dallas is trying to= get it done today, however, she may not finish it out today, which means i= t will be sent for Thursday morning delivery to a sister Ticor office for s= ignature and recording. Have they told you any of this? Or do I need to ma= ke sure you know when, where, and how as soon as I know. I talked to Andrew this morning the Dallas office received the Appraisal an= d gave the information to us over the phone. The appraised value as built = is 12.5 million, the NOI is $1,152,695. The problem is the Land Value is $= 1,120,000, as this is what they have recorded as the transaction cost in Ja= nuary. Andrew talked to me about if we want to put additional costs on top= of this showing improvements or other costs associated with the value to s= how an increase in value?. I am tending to think we are going to reduce ou= r overall loan by adjusting the Land, Title Policy Amount, Debt Carry Cost = and some other small adjustments to costs. This would reduce our overall de= bt and resultant equity requirement. The main difference in committing to a= greater loan is that our costs of points will rise and our equity may be o= ut of balance in the end, vs. if we borrow the exact amount, we may risk be= ing short and needing a loan increase for any soft cost overages. I have be= en working on this and I am reviewing the changes to see what overall effec= ts each change will have on your equity and return. We are firm on the construction numbers given to you previously and we have= had a number of additional costs which we have been able to absorb in the = overall construction budget. The biggest is the detention pond dredging wh= ich has gone up in cost. The only area left to work through is the foundat= ion/concrete number and I am confident we will hit that one on the mark. Th= us, overall I am comfortable with the Hard Cost numbers at this point. I am attempting to get with Irwin and Cheerie and seeing if we can get the = final Doc's put together. Have'nt been able to get a meeting yet. I just got interrupted in another meeting. Let me know if there are any qu= estions today.
allen-p/sent_items/274.
subject: content: Kirk, What is the deal with this boat trip? Seems too extravagant and wasteful. I am not comfortable with this. Can't we just have a small happy hour once the project is complete? Phillip
allen-p/sent_items/275.
subject: content: Gary, Can you call me to discuss the panel quote for the Allen residence issued to Johnnie Brown? In April you worked up a quote for $20,000. The dimensions of the house have not changed. The quote given last week was over $26,000. Have raw materials and labor increased by over 25%? I need help understanding this increase. Phillip Allen 713-853-7041
allen-p/sent_items/276.
subject: content: Richard, I spoke to you earlier this week with questions about building with SIP's. I am planning to build a home in San Marcos as soon as I can decide on a builder and materials. I already have my blueprints completed. What I took from our conversation was to use the SIP's with 8.5" roof panels and use a metal roof. I have been working with Johnnie Brown, a builder from San Antonio that is also a Creative Panel rep. The problem is that I have a budget of $85-$90/sf and it does not appear that he will be able to stay within that budget. I don't want to settle for a conventional stick built house. I was wondering about alternatives. Would some combination of a radiant barrier and non-CFC spray insulation provide close to the same energy savings at a lower cost than SIP's. For example, I just spoke to a sales rep for Demilec. He will spray foam insulation at $1.30/sf. That would be approximately $10,000 compared to over $20,000 additional costs for the panels. But would the foam insulation be as effective? Do you have any suggestions of materials or contractors that would help me construct the best home for the money. I am trying to get a bid from Wink with Premier based on you reference. Thank you for your help. Phillip Allen [email protected] 713-853-7041
allen-p/sent_items/277.
subject: content: Greg, I won't be in the office on Thursday. I am getting my knee scoped. I will be at home in the afternoon. 713-463-8626. If you need to email me use [email protected]. I will be in the office on Friday. Phillip
allen-p/sent_items/278.
subject: RE: Topic Outlines content: Monica, The outlines you just dropped off are fine. Phillip -----Original Message----- From: [email protected]@ENRON [mailto:IMCEANOTES-monica+2El+2Ebrown+40accenture+2Ecom+40ENRON@ENRON.com] Sent: Thursday, October 04, 2001 12:23 PM To: [email protected] Cc: [email protected] Subject: Topic Outlines Phillip - Thank you for giving us your feedback on the first seven topic outlines. I've incorporated your thoughts, but was hoping you could take a look at them since we didn't have a chance to go over them together. The outlines and explanations are below. Could you respond back by EOD Monday in hopes for us to send these outlines for Final Signoff? Lastly, I was wondering if I could stop by (your's or Ina's desk) and pick up your comments about the last three topic outlines by EOD Monday. Can you let me know if this is possible? Organizational Structure. You jotted down "Jeff Gosset, M to M, P&L, and Positions". We have an entire section about Mark to Market in the Risk Management Inputs topic. P&L statements and Position reports are large sections in the Accounting and Reporting topic. In addition, we discuss Mid Office in the Overview page of this topic (org. structure). Is this enough or were you thinking something in addition to what I just mentioned. (See attached file: Framework Org Structure_4.doc) Accounting and Reporting I've incorporated the areas of "G&L, cash payments, and reconcilation into the last section of the outline. Is this what you were thinking? (See attached file: Framework AR_5.doc) Thank you for your time, Monica L. Brown Accenture PDP Experienced Analyst Houston - 2929 Allen Parkway Direct Dial: +1 713 837 1749 VPN & Octel: 83 / 71749 Fax: +1 713 257 7211 email: [email protected] This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited. - Framework Org Structure_4.doc << File: Framework Org Structure_4.doc >> - Framework AR_5.doc << File: Framework AR_5.doc >>
allen-p/sent_items/279.
subject: RE: workout content: I will be there tomorrow, but I have a bunch of rehab exercises to do for my knee. I probably won't be much of a partner for a couple more weeks. -----Original Message----- From: Landry, Chad Sent: Monday, October 15, 2001 7:21 AM To: Allen, Phillip K. Subject: workout sorry i missed this morning. i was out of town this weekend and i just flew in this morning. Tomorrow morning I plan on running on the treadmill from 540 am - 600 am and working out with weights from 6 - 645 am. will you be there tomorrow? ckl
allen-p/sent_items/28.
subject: content: --------- Inline attachment follows --------- From: <"JEFF SMITH" <[email protected]>@ENRON> To: Allen, Phillip K. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=PALLEN> Date: Friday, December 14, 2001 1:36:30 GMT Subject: If you decide to move to Kerrville I know of an excellent builder that I have worked with in the past. He has built numerous custom homes in the Kerrville\Fredericksburg area that are very high quality. He has excellent long time crews using local German craftsmen. They do outstanding trim work and framing. Most of his houses are Texas style with solid rock walls, standing seam roofs, antique wood flooring, cabinets, etc. Let me know if you are interested. Jeff Smith The Smith Company 9400 Circle Drive Austin, TX 78736 512-394-0908 office 512-394-0913 fax 512-751-9728 mobile [email protected] --------- Inline attachment follows --------- From: <"JEFF SMITH" <[email protected]>@ENRON> To: Allen, Phillip K. </O=ENRON/OU=NA/CN=RECIPIENTS/CN=PALLEN> Date: Friday, December 14, 2001 1:16:18 GMT Subject: The seller said she would fax the numbers tomorrow morning (12\14). She says the NOI is around $300,000 per year. After taking into account the management fee she says they will accept a price of $2,700,000. This is not a bad price for a well maintained\located property with large average unit sizes. See the attached Excel file for a description of the property Jeff Smith The Smith Company 9400 Circle Drive Austin, TX 78736 512-394-0908 office 512-394-0913 fax 512-751-9728 mobile [email protected] - colonial oaks -kerrville no data.xls
allen-p/sent_items/280.
subject: RE: Managing Directors Meeting content: Yes, I will attend the meeting. -----Original Message----- From: Rangel, Ina Sent: Monday, October 15, 2001 12:06 PM To: Allen, Phillip K. Subject: Managing Directors Meeting Phillip: Will you be attending the managing directors meeting on Monday at the Hyatt? I put you down as a yes, but can cancel. Let me know -Ina
allen-p/sent_items/282.
subject: content: Karen, I interviewed Agustin Leon and Zoya Raynes. Here are my comments: Agustin Leon: Has a lot of experience with quantitative and technical analysis. Programming and language skills. If not a trader could be an asset to research group. Zoya Raynes: Has already been through Salomon's rotational program. Her interest lean more towards marketing than trading. Seems very talented. I would recommend both candidates for further consideration. Phillip
allen-p/sent_items/283.
subject: content: Tim, Since the three nuclear units have gone down there has been a significant increase in imports into California from the northwest which coincides with increased hydro output. This has continued to suppress Socal gas sendouts. Grand Coulee outflows on Monday and Tuesday have exceeded inflows. Monday: In-69.8, Out-73.4; Tuesday: In-57.7, Out 68.2. The elevation is starting to creep lower. Can you help us with these questions? Will this drafting to continue? What is the elevation target for the end of the month? Why did yesterday's inflow decline so much? Thank you, Phillip Allen
allen-p/sent_items/284.
subject: RE: Paul Margraves Meeting content: I am going to be in a meeting with Accenture on Friday from 9am until 3pm. So I can't meet with Paul Margraves. Have him call me directly and I will set something up. Phillip -----Original Message----- From: Rangel, Ina Sent: Wednesday, October 17, 2001 8:31 AM To: Allen, Phillip K. Subject: Paul Margraves Meeting Paul Margraves would like to come here and meet with you at 1:30 this Friday. He says it would be a quick 15 minute general meeting. I put him on your calendar and told him if something needed to change I would call him back. Is this okay with you? -Ina
allen-p/sent_items/285.
subject: FW: content: -----Original Message----- From: Heizenrader, Tim Sent: Wednesday, October 17, 2001 8:08 AM To: Allen, Phillip K. Cc: Nelson, Kourtney Subject: RE: Phillip: The target for end of October is 1283. We're not sure what's driving the day to day variation. Direct effects of recent precipitation, combined with some very big precip forecast errors, are part of the explanation, but there also appears to be something going on with management of the non-treaty storage that BPA's cached upstream in Arrow. We've been looking into that, and hope to get some news via Technical Management Team today. From a multi-purpose project manager's perspective, I think that current reservoir elevation is one or two feet too high, so I do expect drawdown by month end. I also suspect that there are some limits in the non-treaty storage approaching that require at least partial withdrawal. The net effect should be a rise in production-- no more downstream storage is available and upstream releases will increase, certainly by November 1, but probably earlier. Tim -----Original Message----- From: Allen, Phillip K. Sent: Wednesday, October 17, 2001 7:31 AM To: Heizenrader, Tim Subject: Tim, Since the three nuclear units have gone down there has been a significant increase in imports into California from the northwest which coincides with increased hydro output. This has continued to suppress Socal gas sendouts. Grand Coulee outflows on Monday and Tuesday have exceeded inflows. Monday: In-69.8, Out-73.4; Tuesday: In-57.7, Out 68.2. The elevation is starting to creep lower. Can you help us with these questions? Will this drafting to continue? What is the elevation target for the end of the month? Why did yesterday's inflow decline so much? Thank you, Phillip Allen
allen-p/sent_items/286.
subject: RE: Huntley followup question content: Bob, I do have a survey of the sight at home. I will get you a copy tomorrow. Regarding contracts, the Texas Real Estate Commission website has copies of the contracts we need. The website is below. I believe the relevant contracts are form #20-4(One to Four Family Residential Contract) and form #OP-H (Seller's Disclosure of Property Condition). A coworker is about to close on a home without using a broker and these are the forms he used. I Phillip http://www.trec.state.tx.us/formsrulespubs/forms/forms-contracts.asp -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Wednesday, October 17, 2001 2:26 PM To: [email protected] Subject: Huntley followup question Phillip, I forgot to ask if you have a recent survey of the lot from when you closed? I would like to see if we'll have any easement problems above or around the garage area to consider. If you find something and it's faxable, please send it to my fax at 281-858-1127. Feel free to call first if you have any comments. Thanks, Bob Huntley 281-858-0000
allen-p/sent_items/287.
subject: RE: Check this out - content: I like the cedar t-111 version better. Why don't you tell this shop teacher not to be to comfortable and that you will be taking his job in two years. -----Original Message----- From: Richter, Jeff Sent: Tuesday, October 23, 2001 7:45 AM To: Allen, Phillip K. Subject: Check this out - << File: Mvc-002f.jpg >> << File: Mvc-013f.jpg >> << File: ATT24174.txt >> Phillip, Which one should I do, the 8x12 is half the price. Jeff -----Original Message----- From: Mel Nelson [mailto:[email protected]] Sent: Tuesday, October 23, 2001 7:06 AM To: Richter, Jeff Subject: October 17, 2001 Jeff: I talked to your dad and he has mentioned that you might be interested in having our class build a shed for you. We pretty much make whatever you would like to the specifications that you prefer. All of our buildings are durable and solidly constructed. We build them in our shop and the ownner is rersponsible for their delivery. There is no labor cost so you are only charged for the materials. Our most popular size and style is the 8' x 12' barn . This is the most economical building that we construct and it is an easier one to haul to a given site. This building has an exterior of T-111 siding which is cedar style grooved exterior plywood which can be stained and sealed. We have usually build them with a 3'-10 1/2" wide door opening. I would think that would be wide enough for a four wheeler, but you would have to have your dad measure your vehicle to make sure.. We have probably built and sold over 30 of these in the past ten years. The price on this shed usually varies between $800 and $900. Your dad also indicated an interest in a 10 x 12 gable style shed which is a bit bigger and ofcourse more expensive. It has vinyl siding and aluminum soffit/overhang, I am attaching a picture of one we made for Joe Pronschinske. This project is a bit harder to transport as it is oversize and legally you are to obtain an oversize laod permit to haul it. Your dad indicated that Joe would possibly haul it though. The picture I am attaching shows a common 3' entry door. We are presently building a structure for Nolan Goplin that has a overhead 6' wide roll up door. The price on a 10' x 12' shed with a 6' wide roll-up door would be roughly $1500. We will build either style and can modify the plans to meet your needs. With the time we have left in the semester the 8 x 12 would be the easiest for us to build, but if you let me know right away, by Monday October 22, that you would like a 10 x12 size we would still be able to finish that one on time. If you have any questions just e-mail me or call: Whitehall School Disctrict 715-538-4364 My Home number 715-985-3063. Have a good one and take with you later. Sincerely, Mel Nelson
allen-p/sent_items/288.
subject: content: Randy, Why is there a PG&E Citygate position in Mgmt-West? Were these positions created in the last week or so? Can you print a forwards detail and move these deals into FT-PGE? Do not just transfer at mid market. Please move the deals. Phillip
allen-p/sent_items/289.
subject: content: John, It would be a good idea to pull together the desk heads to air out concerns. We all have questions and don't feel we have all the facts to answer the questions employees are asking. The sooner the better. Phillip
allen-p/sent_items/29.
subject: RE: kerrville content: If you get the info from the owner this afternoon, please send it to [email protected]. -----Original Message----- From: "JEFF SMITH" <[email protected]>@ENRON Sent: Thursday, December 13, 2001 7:37 PM To: Allen, Phillip K. Subject: kerrville If you decide to move to Kerrville I know of an excellent builder that I have worked with in the past. He has built numerous custom homes in the Kerrville\Fredericksburg area that are very high quality. He has excellent long time crews using local German craftsmen. They do outstanding trim work and framing. Most of his houses are Texas style with solid rock walls, standing seam roofs, antique wood flooring, cabinets, etc. Let me know if you are interested. Jeff Smith The Smith Company 9400 Circle Drive Austin, TX 78736 512-394-0908 office 512-394-0913 fax 512-751-9728 mobile [email protected]
allen-p/sent_items/290.
subject: RE: Huntley update content: Thanks for the update. -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Wednesday, October 24, 2001 11:35 AM To: Allen, Phillip K. Subject: Huntley update Greetings Phillip, I received your phone message. Thanks for the update. I have been talking with contractors and Spring Valley. At this point we are trying to determine whether the addition over the garage would be workable. Heather probably told you that I am meeting with a contractor on 11/7 at your home to get a firm bid on the project. I spoke today with the Spring Valley building consultant and faxed him some detail. There are a couple of possible problems he is looking at and we'll possibly need to get a variance from the decision makers when the time comes. In the meantime, I printed out the earnest money contract and sellers disclosure forms from the website you found. We are waiting on the final word from Spring Valley to move ahead. I'll let you know when we have some new information. Thanks, Bob Huntley ----- Original Message ----- From: <[email protected]> To: <[email protected]> Sent: Thursday, October 18, 2001 9:18 AM Subject: RE: Huntley followup question Bob, I do have a survey of the sight at home. I will get you a copy tomorrow. Regarding contracts, the Texas Real Estate Commission website has copies of the contracts we need. The website is below. I believe the relevant contracts are form #20-4(One to Four Family Residential Contract) and form #OP-H (Seller's Disclosure of Property Condition). A coworker is about to close on a home without using a broker and these are the forms he used. I Phillip http://www.trec.state.tx.us/formsrulespubs/forms/forms-contracts.asp -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Wednesday, October 17, 2001 2:26 PM To: [email protected] Subject: Huntley followup question Phillip, I forgot to ask if you have a recent survey of the lot from when you closed? I would like to see if we'll have any easement problems above or around the garage area to consider. If you find something and it's faxable, please send it to my fax at 281-858-1127. Feel free to call first if you have any comments. Thanks, Bob Huntley 281-858-0000 ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. **********************************************************************
allen-p/sent_items/291.
subject: FW: FERC Special Meetings on Friday 10/26/01 and Monday 10/29/01 content: -----Original Message----- From: Capitol Connection <[email protected] <mailto:[email protected]>>@ENRON Sent: Wednesday, October 24, 2001 11:37 AM To: (Recipient list suppressed)@ENRON Subject: FERC Special Meetings on Friday 10/26/01 and Monday 10/29/01 The Capitol Connection is pleased to announce that it will broadcast (via the internet and telephone Only) the following Federal Energy Regulatory Commission Special Meetings: Friday, October 26, 9.30 a.m. ET Topic: Interstate Natural Gas Facility Planning Seminar, Presentation of Staff Findings Monday, October 29, 1:00 p.m. ET Topic: Technical Conference Concerning West-Wide Price Mitigation for Winter Season & Procedures for seeking participation If you have an annual subscription to the Capitol Connection internet service, these meetings are included in the annual fee. Please contact us if you are interested in signing up for either of these meetings or want to get an annual subscription to our internet service. The Capitol Connection offers FERC meetings live via the Internet, as well as via Phone Bridge, and satellite, please visit our website at www.capitolconnection.org <http://www.capitolconnection.org>. or send e-mail to [email protected] <mailto:[email protected]> for more information. If there is a meeting you are interested in receiving, please call 703-993-3100. David Reininger Meeting dates and times are subject to change without notice. For current information, you can go to our website at www.capitolconnection.org <http://www.capitolconnection.org> and select the FERC link or you can go to the FERC web page at www.ferc.fed.us <http://www.ferc.fed.us>. The FERC Office of the Secretary can be reached at 202.208.0400.
allen-p/sent_items/292.
subject: FW: Distribution Form content: -----Original Message----- From: Ratcliff, Renee Sent: Thursday, October 25, 2001 12:05 PM To: Allen, Phillip K. Subject: Distribution Form Phillip, Pursuant to your request, please see the attached. Thanks, Renee
allen-p/sent_items/293.
subject: RE: Huntley/question content: I will try and find my title policy this evening. -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Thursday, October 25, 2001 1:50 PM To: Allen, Phillip K. Subject: Huntley/question Phillip, Could you please do me a favor? I would like to read your current title policy to see what it says about easements. You should have received a copy during your closing. I don't know how many pages it will be but let me know how you want to handle getting a copy made. I'll be happy to make the copy, or whatever makes it easy for you. Thanks, Bob Huntley
allen-p/sent_items/294.
subject: RE: Distribution Form content: Renee, Thank you for the forms. I am trying to estimate my tax obligation. It is my understanding that the account balance will be treated as ordinary income. What about Social Security and Medicare taxes? I thought those were already deducted. Also, the are no earnings on the deferrals I have made. On the contrary, there are losses. Is it possible to recoup any taxes paid? Thanks for you help. Phillip -----Original Message----- From: Ratcliff, Renee Sent: Thursday, October 25, 2001 12:05 PM To: Allen, Phillip K. Subject: Distribution Form Phillip, Pursuant to your request, please see the attached. Thanks, Renee << File: Request For Distribution_1994 Plan.doc >> << File: Request for Distribution Procedures_1994 Plan.doc >>
allen-p/sent_items/295.
subject: RE: Distribution Form content: Thanks -----Original Message----- From: Ratcliff, Renee Sent: Thursday, October 25, 2001 2:05 PM To: Allen, Phillip K. Subject: RE: Distribution Form Phillip, The Social Security and Medicare tax has been previously withheld on your deferral. You would be subject to only Federal Income Tax withholding on the distribution. I checked with my director (Pam Butler) on your question about recouping taxes already paid. It is my understanding that you cannot recoup these taxes. Thanks, Renee -----Original Message----- From: Allen, Phillip K. Sent: Thursday, October 25, 2001 3:42 PM To: Ratcliff, Renee Subject: RE: Distribution Form Renee, Thank you for the forms. I am trying to estimate my tax obligation. It is my understanding that the account balance will be treated as ordinary income. What about Social Security and Medicare taxes? I thought those were already deducted. Also, the are no earnings on the deferrals I have made. On the contrary, there are losses. Is it possible to recoup any taxes paid? Thanks for you help. Phillip -----Original Message----- From: Ratcliff, Renee Sent: Thursday, October 25, 2001 12:05 PM To: Allen, Phillip K. Subject: Distribution Form Phillip, Pursuant to your request, please see the attached. Thanks, Renee << File: Request For Distribution_1994 Plan.doc >> << File: Request for Distribution Procedures_1994 Plan.doc >>
allen-p/sent_items/296.
subject: RE: Topic Framework Deliverable - Sign-Off for Acceptance content: These are fine. -----Original Message----- From: McDaniel, Kirk Sent: Tuesday, October 23, 2001 1:36 PM To: Allen, Phillip K.; O'rourke, Tim; Frolov, Yevgeny Subject: Topic Framework Deliverable - Sign-Off for Acceptance Importance: High Gentlemen Good day. I hope all is going well. If I do not hear from you by COB tomorrow I will take your silence as acceptance and that their are no non-conformities to prevent acceptance of this deliverable. This action is necessary as contractually we are coming to the end of the acceptance period for this deliverable. Good news is that this deliverable and the High level design deliverable are the last two deliverables for the Design Phase of the project. Thanks Cheers Kirk ---------------------- Forwarded by Kirk McDaniel/HOU/EES on 10/23/2001 03:31 PM --------------------------- Kirk McDaniel 10/19/2001 08:39 AM To: Phillip K Allen/Enron@EnronXGate, Tim O'Rourke/Enron@EnronXGate, Yevgeny Frolov/Enron@EnronXGate cc: Ed McMichael/Enron@EnronXGate, Dutch Quigley/Enron@EnronXGate Subject: Topic Framework Deliverable - Sign-Off for Acceptance Phillip/Tim/Yevgeny The attached zip file contains the 10 topic frameworks for sign off. Phillip you have reviewed these documents and given them the thumbs up prior to my input. The email below from Monica summarizies my minor input and after reading Monica email, if no red flags or concerns or raised you can again give your approval without necessarily reviewing the attachments again. Tim and Yevegeny (If possible), please review the attachment, the email below and provide input no later then COB 10/22. Thanks Cheers Kirk Note: Please notice that Accenture is putting how long it takes them to complete tasks in their emails to us. - Topic Framework_Final.zip << File: Topic Framework_Final.zip >> ---------------------- Forwarded by Kirk McDaniel/HOU/EES on 10/19/2001 08:29 AM --------------------------- [email protected] on 10/18/2001 11:04:02 AM To: [email protected] cc: [email protected] Subject: Topic Framework Updates! Hi Kirk, Here are the answers to some of your questions and concerns on the Topic Frameworks. These updates, along with discussions with SMEs, took a total of one hour. Accounting and Reporting - (1) Deal Flow - <<According to Berney Aucoin>> there is no difference between an Orginator/Marketer on the deal flow, they stated that a deal is a deal and it is the same for everyone. (2) Roles associated within the Desk - <<According to Berney Aucoin >> Admin support and Commerical support should not be added. We are concentrating on the major roles within a desk, any more granular could be inaccurate because it is different for every company. Admin support - answers the phones and Commerical support runs the books in the back office. Commodity Fundamentals - (1) Broker fees and Margin calls were added in the overview, <<According to Berney Aucoin>> it was worth mentioning, but wholesale is exempt from fees and taxes. (2) Industrial, Retail and Wholesale was added as an i.e., by consumption by consumer Organizational Structure - (1) Communication - Inter/Intra department communications were added into the Challenges of Managing Trading Function and Trading System. Inter department communication (i.e., between departments within organization) and Intra department communications (i.e., between roles on a desk after a trade/deal) (between desks, internal communication between Marketer, Originator, Structurer and Trader, after a trade and reconciling position reports) Risk Management Inputs - Consequences within VaR guidelines was added to "Trading outside of prescribed VaR guidelines Swaps - Types of credit classifications was added to Credit Review under Protecting Againist Loss. The note for the references used was included on every topic framework - *Note: Please note in your assignments when using additional resources other than the BRM course material and your own knowledge. Please do not copy and paste from Derivatives 1 or any other resource material. This will significantly help us deter any copyright infringements. Thank you Let me know if you have any questions! Thanks, Monica L. Brown Accenture PDP Experienced Analyst Houston - 2929 Allen Parkway Direct Dial: +1 713 837 1749 VPN & Octel: 83 / 71749 Fax: +1 713 257 7211 email: [email protected] This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited. ---------------------- Forwarded by Kirk McDaniel/HOU/EES on 10/19/2001 08:29 AM --------------------------- [email protected] on 10/18/2001 11:11:04 AM To: [email protected] cc: [email protected], [email protected] Subject: Topic Frameworks - Updates Completed Kirk - Thank you for your timely feedback. Per our discussions, we have updated all of the topic frameworks and attached them below. In addition, Monica has sent you an email describing the changes she has made and explanations around why some changes weren't made (SME's responses to your questions). These updates, along with discussions with SMEs, took a total of one hour. (See attached file: Topic Framework_Final.zip) Sheri A. Righi Accenture Human Performance Service Line Hartford - One Financial Plaza Direct Dial: 860 756 2245 VPN & Octel: 765 2245 e-mail: [email protected] This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited. - Topic Framework_Final.zip << File: Topic Framework_Final.zip >>
allen-p/sent_items/299.
subject: RE: Blackline of First Amendment to Contract content: Michelle, Here are my comments: Section 9b- It is my understanding that the Utility lines are currently under construction and should be finished by late February 2002. Can we reference the work that is being performed by the contractor, JC Evans. I want to avoid any ambiguity regarding the "Utility Lines". Also can we make the same distinction in the Utility Construction Escrow Agreement in Section C. Section 10- Please change to Purchaser can extend closing for 3 successive periods of 30 days each for $10,000 per extension, not applicable to purchase price and non-refundable. Also, I would prefer to sign the first amendment and the utility escrow documents at the same time since they reference each other. I have sent Mike B. a copy of this email. Thank you, Phillip -----Original Message----- From: "Simpkins, Michelle" <[email protected]>@ENRON Sent: Thursday, October 25, 2001 1:28 PM To: '[email protected]'; '[email protected]' Subject: Blackline of First Amendment to Contract <<3MMPRED.DOC>> Phillip, Enclosed please find a blackline of the First Amendment to Contract showing the revisions. I have forwarded a clean version of the Amendment to you for your signature. If you have any questions or concerns, please contact me at (512) 370-2836. Thanks. Michelle L. Simpkins Winstead Sechrest & Minick P.C. 100 Congress Avenue, Suite 800 Austin, Texas 78701 (512) 370-2836 (512) 370-2850 Fax [email protected] - 3MMPRED.DOC << File: 3MMPRED.DOC >>
allen-p/sent_items/3.
subject: FW: Zero Option content: The project coordinators believe they can reach a solution with Accenture in which Enron pays no additional fees but the project is completed in a slightly scaled back form. This allows Accenture to have a completed project and no more cash goes out the door. The effort from the SME's should be complete by Christmas. Please push forward with the review of the knowledge layer. Phillip -----Original Message----- From: Frolov, Yevgeny Sent: Tuesday, November 20, 2001 2:51 PM To: Allen, Phillip K. Cc: O'rourke, Tim; Coleman, Brad; McDaniel, Kirk Subject: Zero Option Phillip, It will go along this lines: (Conservative) ***************************************************** We pay "0" going forward We have already played 300K in 3Q2001 Outstanding bill for $27,740 will hit Enron Q1, 2002 Enron and surviving entity will have the right to use it internally We value Enrons SME time @ around 300K Accenture will have the right to use it internally and modify the product at its will for internal & external use. This arrangement will void 900K Enrons Revenue from Accenture Enron would receive 0% royalty on all external sales. I was thinking to stay away from royalty as we do not know what will be new company position on this matter. Also, I do not think Accenture will want to enter into partnership structure with a ghost company unless we get Dinergy involved. *********************************************************************** If we do not reach the agreement: 1. Terminate and pay around 500-600k (estimate) The payment could be deferred in to 2Q 2002 or 2. Continue "as is" with payment differed for 90 days or merger. We are sending Accenture official notice as of tomorrow we have 10 business days to workout solution or terminate. Any comments or suggestions? Regards, Yevgeny -----Original Message----- From: Allen, Phillip K. Sent: Tuesday, November 20, 2001 12:32 PM To: Frolov, Yevgeny Subject: RE: BRM Case & Options Yevgeny, Please send me an email describing the zero option so I can pass it along to the other SME's. Phillip -----Original Message----- From: Frolov, Yevgeny Sent: Monday, November 19, 2001 10:26 AM To: Allen, Phillip K. Cc: McDaniel, Kirk; Coleman, Brad; O'rourke, Tim Subject: BRM Case & Options Importance: High Phillip, I am following up to our BRM conversation from Friday. Obviously it is a valid questions to ask and as you requested I am attaching two documents: one summarizing the options and 2nd cash flow impact. In the cash flow impact Case 2 & 3 already account for additional cut of 100k from existing cost. (it comes from Expenses such as projected traveling 30K+Cut in Media 20K + Cut in sim exercises 50K) The cut in sim exercises need to be confirmed with you. A total of two sims could be cut one. Accenture will address this question tomorrow during the meeting. Also, I will ask them to cut the meeting by 10 min, thus we can go over the documents and can answer your questions. I am not sure what is Tim's schedule for tomorrow, but at least Kirk and myself will be around. Obviously cutting sims is not the best options but we are considering all alternatives at this time. We will continue to review how to cut labor and expenses. One question that it would be good if you think about it before we meet is as follow. Is BRM "core" to the Enron for next few months or new organization? Please consider the costs of finishing this project. Sincerely, Yevgeny Frolov 713-345-8250 w << File: BRM Cash Flow Cases.xls >> << File: BRM Contingency Numbers Rev3.xls >>
allen-p/sent_items/30.
subject: content: Can you fax me the rent roll? 713-646-2391. Also please send the unit mix and square footages again. Thanks, Phillip
allen-p/sent_items/300.
subject: FW: Blackline of First Amendment to Contract content: -----Original Message----- From: Allen, Phillip K. Sent: Monday, October 29, 2001 7:58 AM To: '"Simpkins, Michelle" <[email protected] <mailto:[email protected]>>@ENRON' Subject: RE: Blackline of First Amendment to Contract Michelle, Here are my comments: Section 9b- It is my understanding that the Utility lines are currently under construction and should be finished by late February 2002. Can we reference the work that is being performed by the contractor, JC Evans. I want to avoid any ambiguity regarding the "Utility Lines". Also can we make the same distinction in the Utility Construction Escrow Agreement in Section C. Section 10- Please change to Purchaser can extend closing for 3 successive periods of 30 days each for $10,000 per extension, not applicable to purchase price and non-refundable. Also, I would prefer to sign the first amendment and the utility escrow documents at the same time since they reference each other. I have sent Mike B. a copy of this email. Thank you, Phillip -----Original Message----- From: "Simpkins, Michelle" <[email protected] <mailto:[email protected]>>@ENRON Sent: Thursday, October 25, 2001 1:28 PM To: '[email protected]'; '[email protected]' Subject: Blackline of First Amendment to Contract <<3MMPRED.DOC>> Phillip, Enclosed please find a blackline of the First Amendment to Contract showing the revisions. I have forwarded a clean version of the Amendment to you for your signature. If you have any questions or concerns, please contact me at (512) 370-2836. Thanks. Michelle L. Simpkins Winstead Sechrest & Minick P.C. 100 Congress Avenue, Suite 800 Austin, Texas 78701 (512) 370-2836 (512) 370-2850 Fax [email protected] <mailto:[email protected]> - 3MMPRED.DOC << File: 3MMPRED.DOC >>
allen-p/sent_items/301.
subject: RE: the candidate we spoke about this morning... content: Adrianne, I cannot download his resume. Please resend. Phillip -----Original Message----- From: Engler, Adrianne Sent: Monday, October 29, 2001 7:34 AM To: Allen, Phillip K. Subject: the candidate we spoke about this morning... Phillip - This is the candidate I spoke with you about this morning... Brent currently works in our London office as an Analyst and is looking to come over to the Houston office. We would like to get him into the November 1st interviews. His contact information is on the resume, but here is his number as well 44-20-778-35558 ....for a London line direct to Brent dial 844-35558 Thank you! Adrianne x57302 the resume is attached....
allen-p/sent_items/302.
subject: content: Brent, Please call me so we can do a 15 minute phone interview regarding your interest in the trading track program. Phillip Allen West gas trading 713-853-7041
allen-p/sent_items/303.
subject: RE: the candidate we spoke about this morning... content: Left message and sent email. I will let you know as soon as I have spoken to him. -----Original Message----- From: Engler, Adrianne Sent: Monday, October 29, 2001 8:10 AM To: Allen, Phillip K. Subject: RE: the candidate we spoke about this morning... Phillip - Lets try this one....Thanks! Adrianne -----Original Message----- From: Allen, Phillip K. Sent: Monday, October 29, 2001 10:08 AM To: Engler, Adrianne Subject: RE: the candidate we spoke about this morning... Adrianne, I cannot download his resume. Please resend. Phillip -----Original Message----- From: Engler, Adrianne Sent: Monday, October 29, 2001 7:34 AM To: Allen, Phillip K. Subject: the candidate we spoke about this morning... Phillip - This is the candidate I spoke with you about this morning... Brent currently works in our London office as an Analyst and is looking to come over to the Houston office. We would like to get him into the November 1st interviews. His contact information is on the resume, but here is his number as well 44-20-778-35558 ....for a London line direct to Brent dial 844-35558 Thank you! Adrianne x57302 the resume is attached....
allen-p/sent_items/304.
subject: RE: Confirmation: Risk Management Simulation Meeting 10/30/01 content: Please send more details regarding this meeting -----Original Message----- From: [email protected]@ENRON Sent: Monday, October 29, 2001 8:39 AM To: [email protected] Cc: [email protected] Subject: Confirmation: Risk Management Simulation Meeting 10/30/01 Hi Phillip, This message is to confirm our meeting with you on, Tuesday, October 30th from 9:00 am - 10:00 am, the location will be EB 3267. Attendees will be Monica Brown and Sheri Righi. Let me know if you have any questions. I can be reached at 713-345-6687. Thanks, Monica L. Brown Accenture Houston - 2929 Allen Parkway Direct Dial: +1 713 837 1749 VPN & Octel: 83 / 71749 Fax: +1 713 257 7211 email: [email protected] This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited.
allen-p/sent_items/305.
subject: RE: the candidate we spoke about this morning... content: Adrianne, I spoke to Brent D. I would recommend that he is given a chance to interview for the program. Phillip -----Original Message----- From: Engler, Adrianne Sent: Monday, October 29, 2001 8:10 AM To: Allen, Phillip K. Subject: RE: the candidate we spoke about this morning... Phillip - Lets try this one....Thanks! Adrianne -----Original Message----- From: Allen, Phillip K. Sent: Monday, October 29, 2001 10:08 AM To: Engler, Adrianne Subject: RE: the candidate we spoke about this morning... Adrianne, I cannot download his resume. Please resend. Phillip -----Original Message----- From: Engler, Adrianne Sent: Monday, October 29, 2001 7:34 AM To: Allen, Phillip K. Subject: the candidate we spoke about this morning... Phillip - This is the candidate I spoke with you about this morning... Brent currently works in our London office as an Analyst and is looking to come over to the Houston office. We would like to get him into the November 1st interviews. His contact information is on the resume, but here is his number as well 44-20-778-35558 ....for a London line direct to Brent dial 844-35558 Thank you! Adrianne x57302 the resume is attached....
allen-p/sent_items/306.
subject: RE: Confirmation: Risk Management Simulation Meeting 10/30/01 content: Can we meet from 10am-11am instead? -----Original Message----- From: [email protected]@ENRON Sent: Monday, October 29, 2001 9:16 AM To: Allen, Phillip K. Cc: [email protected] Subject: RE: Confirmation: Risk Management Simulation Meeting 10/30/01 Sheri and I would like to discuss the practice questions and graphic ideas with you for the the Knowledge System. We wanted to get some feedback from you as well as your input. Thanks, Monica [email protected] om To: Monica L. Brown/Internal/Accenture@Accenture cc: 10/29/2001 09:02 AM Subject: RE: Confirmation: Risk Management Simulation Meeting 10/30/01 Please send more details regarding this meeting -----Original Message----- From: [email protected]@ENRON Sent: Monday, October 29, 2001 8:39 AM To: [email protected] Cc: [email protected] Subject: Confirmation: Risk Management Simulation Meeting 10/30/01 Hi Phillip, This message is to confirm our meeting with you on, Tuesday, October 30th from 9:00 am - 10:00 am, the location will be EB 3267. Attendees will be Monica Brown and Sheri Righi. Let me know if you have any questions. I can be reached at 713-345-6687. Thanks, Monica L. Brown Accenture Houston - 2929 Allen Parkway Direct Dial: +1 713 837 1749 VPN & Octel: 83 / 71749 Fax: +1 713 257 7211 email: [email protected] This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited. ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. ********************************************************************** This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited.
allen-p/sent_items/307.
subject: RE: Bishops Corner content: Greg, I would rather sign and fax copies of the necessary contracts then follow up with originals through the mail. Phillip -----Original Message----- From: "Greg Thorse" <[email protected]>@ENRON Sent: Monday, October 29, 2001 11:00 AM To: Allen, Phillip K. Subject: Bishops Corner Phillip, I need to get the contract for Galaxy and Grande executed today. In addition I will need to close the loan at the title company in Hays County this week. If you elect me vice-president of Bishops Corner, Inc., I can take care of all of the documents. From a logistics standpoint this probably would be the best way to handle it. Please let me know today if possible so I can send them to the lender. Sincerely, Greg Thorse
allen-p/sent_items/308.
subject: content: Jacques, I need to pull together the Bishops Corner organization documents so we can close on the bank loan. Did Keith and I take the originals or did we leave them with you? I know we still need to issue the shares for the GP. Please drop me a note. Phillip Allen
allen-p/sent_items/309.
subject: FW: Properties for sale content: -----Original Message----- From: "Jeff Smith" <[email protected] <mailto:[email protected]>>@ENRON Sent: Tuesday, October 23, 2001 3:15 PM To: Allen, Phillip K. Subject: Properties for sale There are three other deals that I will fax to you. let me know if you have an interest. Thanks, Jeff Smith The Smith Company 9400 Circle Drive Austin, Texas 78736 512-394-0908 office 512-394-0913 fax 512-751-9728 mobile [email protected] <mailto:[email protected]> - Metropolitan sales sheet.xls - south center oaks sales sheet.xls - Treaty Oaks Sales Sheet.xls
allen-p/sent_items/31.
subject: content: Greg, I plugged the data on Colonial Oaks into your format. The actual NOI for 2001 is around 305,000. But there is not a professional management company. Subtracting $25,000 for management costs the NOI would be $280,000. However, I increased the taxes and a few other expenses to bring total expenses up to $3,000/unit. This would yield an NOI of $240,000. Comparing the rents charged to the other 17 properties, it doesn't look like the rents have a great deal of upside. The asking price is $2,700,000. Using $240,000 would make this an 8.9 cap. Using the seller's NOI of $280,000 would be a 10.4 cap. The cost per unit is $33,750 for a 1969 project. The cost per square foot is 36.58. The numbers would be better if the property was offered at $2.5 million. Jeff Smith claims that $2.7 million is as low as the seller will go. This property has not been on the market. So I would like your input of what the market would pay for it. If $280,000 is a reasonable NOI, then I would thing it would be sold fairly quickly for $2.7 million. It does have the benefit of all brick exterior and elderly tenants. Plus the location is by far the most convenient. Financing is the other consideration. I am assuming 25 year, 7%, and 25% down. What do you think could actually be achieved? Can you put me in contact with a lender? I will follow up with a phone call. Thanks, Phillip
allen-p/sent_items/32.
subject: content: Jeff, I reviewed your revised offer sheet. I am OK with the effective income of $484K. Her records show basically no other income ($75/month), so I subtracted $3,000 from your number. The expenses just need to reflect $20,000 more property taxes and the numbers should be right on. $484 less $244 would be $240 of NOI. I spoke to Jim Murnane this afternoon. He feels this property would most likely warrant 7.5% and a 30 year amortization. See the attached spreadsheets.
allen-p/sent_items/33.
subject: content: Here is lakeside in your format. Looks like 11% cash on cash plus whatever principal is paid on the note. My biggest concern is that actual vacancies and concessions have been higher than in the pro forma used to underwrite the offering. Also expenses were higher. Why would we be able to do any better than the existing management? I would like to come see it again on Wednesday. I would be bringing 1 or 2 others. Could we see it in the morning around 9:30 or 10 am? Phillip
allen-p/sent_items/34.
subject: FW: Chase Backtest content: -----Original Message----- From: Hayden, Frank Sent: Monday, December 17, 2001 4:54 PM To: Allen, Phillip K. Cc: Gossett, Jeffrey C.; White, Stacey W. Subject: FW: Chase Backtest Attached is the file I'm proposing to send to Chase with suggested wording. To eliminate "Chase" from using data to "back-in" to pnl, we deleted all up days, and forwarded out corrected data, per files received from Jeff and Stacey. Please review and provide feedback. Additionally, if you are comfortable with data, please authorize its release. Thanks Frank "Steve Following on from our discussion concerning the back testing data, we have re-checked the underlying data with our middle office. There were some errors in your file which we have now corrected, and for clarity, included losses in the backtest file, since these are what we consider in the backtest process. I trust this helps - let us know if you need anything further Regards"
allen-p/sent_items/35.
subject: RE: try this one for starters content: Mac, This looks good. I won't know exactly what my cash position is until mid January. I will let you know. Thanks, Keith -----Original Message----- From: "Hargrove, Mac D [PVTC]" <[email protected]>@ENRON Sent: Tuesday, December 18, 2001 11:47 AM To: '[email protected]' Subject: FW: try this one for starters Phillip, This is our muni traders recommendation. Look it over and let me know what you think. Mac > ---------- > From: Martin, Deanna L [MSD] > Sent: Tuesday, December 18, 2001 11:23 AM > To: Hargrove, Mac D [PVTC] > Subject: try this one for starters > > <<1.pdf>> > let me know about questions. > -------------------------------------------------------------- Reminder: E-mail sent through the Internet is not secure. Do not use e-mail to send us confidential information such as credit card numbers, changes of address, PIN numbers, passwords, or other important information. Do not e-mail orders to buy or sell securities, transfer funds, or send time sensitive instructions. We will not accept such orders or instructions. This e-mail is not an official trade confirmation for transactions executed for your account. Your e-mail message is not private in that it is subject to review by the Firm, its officers, agents and employees. -------------------------------------------------------------- - 1.pdf << File: 1.pdf >>
allen-p/sent_items/36.
subject: content: Here is our forecast
allen-p/sent_items/368.
subject: RE: Distribution of report content: Is this the weekly fundamentals report produced by Tim Heizenrader's group?= In Houston, we have been receiving the report on Tuesday afternoon via em= ail before the fundamentals meeting in Portland. How can distribution thro= ugh or administrative assistants be more efficient? =20 The administrative assistant for the West gas desk is Ina Rangel. Her loca= tion is EB3210. Phillip Allen 713-853-7041 -----Original Message----- From: =09Bruce, James =20 Sent:=09Monday, October 29, 2001 4:34 PM To:=09Allen, Phillip K.; Alonso, Tom; Alport, Kysa; Badeer, Robert; Belden,= Tim; Brown, Kortney; Bruce, James; Bryson, Jesse; Buerkle, Jim; Cadena, An= gela; Calger, Christopher F.; Chang, Fran; Chen, Andy; Choi, Paul; Clark, E= d; Comnes, Alan; Conwell, Wendy; Dalia, Minal; Davidson, Debra; Donovan, Te= rry W.; Driscoll, Michael M.; Dunton, Heather; Dyer, Laird; Eriksson, Fredr= ik; Etringer, Michael; Fillinger, Mark; Foster, Chris H.; Frost, David; Ful= ler, Dave; Gilbert, Jim; Gomez, Julie A.; Gray, Stan; Grigsby, Mike; Guilla= ume, David; Guzman, Mark; Hammond, Don; Holst, Keith; Kaufman, Paul; Lackey= , Chris; Law, Samantha; Mainzer, Elliot; Malowney, John; Mays, Wayne; Mcdon= ald, Michael; Mckay, Jonathan; Miller, Stephanie; Motley, Matt; Mullen, Mar= k; Mumm, Chris; Nelson, Kourtney; Ngo, Tracy; Oh, Jeffrey; Page, Jonalan; P= arquet, David; Perry, Todd; Polsky, Phil; Presto, Darin; Radous, Paul; Ranc= e, Susan; Rawson, Lester; Richter, Jeff; Rosman, Stewart; Sacks, Edward; Sa= lisbury, Holden; Sarnowski, Julie; Savage, Gordon; Scholtes, Diana; Semperg= er, Cara; Shields, Jeff; Slaughter, Jeff G.; Smith, Sarabeth; Soderquist, L= arry; Surowiec, Glenn; Swain, Steve; Swerzbin, Mike; Symes, Kate; Thomas, J= ake; Thome, Stephen; Thome, Stephen; Thompson, Virginia; Van Gelder, John; = Ward, Kim S (Houston); Wente, Laura; Williams III, Bill; Williams, Bill; Wi= lliams, Jason R (Credit); Zufferli, John Subject:=09Distribution of report The method for distribution of the weekly reports has changed. Hard copies= will now be distributed through your administrative assistant. =20 To receive a paper copy of the report, please send me an e-mail request inc= luding you location and admin. =20 The information in these reports is for internal use only and should not be= the basis for investment decisions. =20 Please let me know if you have any questions or comments, James Bruce=09 Enron North America=09=09(503) 464-8122 West Power Desk=09=09(503) 860-8612 (c) 121 SW Salmon, 3WTC0306=09(503) 464-3740 (fax) Portland, OR [email protected]
allen-p/sent_items/369.
subject: RE: Huntley/question content: Bob, I found the warranty deed but I could not find the title policy. I will call the title company that we used to get a copy today. Phillip -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Monday, October 29, 2001 10:48 AM To: Allen, Phillip K. Subject: Re: Huntley/question Phillip, Have you found the title policy? Thanks, Bob Huntley ----- Original Message ----- From: <[email protected]> To: <[email protected]> Sent: Thursday, October 25, 2001 11:08 AM Subject: RE: Huntley/question > I will try and find my title policy this evening. > > -----Original Message----- > From: "Robert W. Huntley, CFP" <[email protected]>@ENRON > Sent: Thursday, October 25, 2001 1:50 PM > To: Allen, Phillip K. > Subject: Huntley/question > > > Phillip, > > Could you please do me a favor? I would like to read your current > title policy to see what it says about easements. You should have > received a copy during your closing. I don't know how many pages it > will be but let me know how you want to handle getting a copy made. > I'll be happy to make the copy, or whatever makes it easy for you. > > Thanks, > > Bob Huntley > > > > ********************************************************************** > This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. > ********************************************************************** >
allen-p/sent_items/37.
subject: Re: 2- SURVEY/INFORMATION EMAIL 5-14- 01 content: Outlook Migration Team@ENRON 05/11/2001 01:49 PM To:=09Cheryl Wilchynski/HR/Corp/Enron@ENRON, Cindy R Ward/NA/Enron@ENRON, J= o Ann Hill/Corp/Enron@ENRON, Sonja Galloway/Corp/Enron@Enron, Bilal Bajwa/N= A/Enron@Enron, Binh Pham/HOU/ECT@ECT, Bradley Jones/ENRON@enronXgate, Bruce= Mills/Corp/Enron@ENRON, Chance Rabon/ENRON@enronXgate, Chuck Ames/NA/Enron= @Enron, David Baumbach/HOU/ECT@ECT, Jad Doan/ENRON@enronXgate, O'Neal D Win= free/HOU/ECT@ECT, Phillip M Love/HOU/ECT@ECT, Sladana-Anna Kulic/ENRON@enro= nXgate, Victor Guggenheim/HOU/ECT@ECT, Alejandra Chavez/NA/Enron@ENRON, Ann= e Bike/Enron@EnronXGate, Carole Frank/NA/Enron@ENRON, Darron C Giron/HOU/EC= T@ECT, Elizabeth L Hernandez/HOU/ECT@ECT, Elizabeth Shim/Corp/Enron@ENRON, = Jeff Royed/Corp/Enron@ENRON, Kam Keiser/HOU/ECT@ECT, Kimat Singla/HOU/ECT@E= CT, Kristen Clause/ENRON@enronXgate, Kulvinder Fowler/NA/Enron@ENRON, Kyle = R Lilly/HOU/ECT@ECT, Luchas Johnson/NA/Enron@Enron, Maria Garza/HOU/ECT@ECT= , Patrick Ryder/NA/Enron@Enron, Ryan O'Rourke/ENRON@enronXgate, Yuan Tian/N= A/Enron@ENRON, Frank Ermis/HOU/ECT@ECT, Jane M Tholt/HOU/ECT@ECT, Jay Reitm= eyer/HOU/ECT@ECT, Keith Holst/HOU/ECT@ect, Matthew Lenhart/HOU/ECT@ECT, Mik= e Grigsby/HOU/ECT@ECT, Monique Sanchez/HOU/ECT@ECT, Phillip K Allen/HOU/ECT= @ECT, Randall L Gay/HOU/ECT@ECT, Tori Kuykendall/HOU/ECT@ECT, Ina Norman/HO= U/ECT@ECT, Jackie Travis/HOU/ECT@ECT, Michael J Gasper/HOU/ECT@ECT, Brenda = H Fletcher/HOU/ECT@ECT, Jeanne Wukasch/Corp/Enron@ENRON, Mary Theresa Frank= lin/HOU/ECT@ECT, Mike Potter/NA/Enron@Enron, Natalie Baker/HOU/ECT@ECT, Suz= anne Calcagno/NA/Enron@Enron, Albert Stromquist/Corp/Enron@ENRON, Rajesh Ch= ettiar/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Derek Anderson/HOU/ECT@ECT, Bra= d Horn/HOU/ECT@ECT, Camille Gerard/Corp/Enron@ENRON, Cathy Lira/NA/Enron@EN= RON, Daniel Castagnola/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT, Eva Tow/Corp/En= ron@ENRON, Lam Nguyen/NA/Enron@Enron, Andy Pace/NA/Enron@Enron, Anna Santuc= ci/NA/Enron@Enron, Claudia Guerra/NA/Enron@ENRON, Clayton Vernon/Corp/Enron= @ENRON, David Ryan/Corp/Enron@ENRON, Eric Smith/Contractor/Enron Communicat= ions@Enron Communications, Grace Kim/NA/Enron@Enron, Jason Kaniss/ENRON@enr= onXgate, Kevin Cline/Corp/Enron@Enron, Rika Imai/NA/Enron@Enron, Todd DeCoo= k/Corp/Enron@Enron, Beth Jensen/NPNG/Enron@ENRON, Billi Harrill/NPNG/Enron@= ENRON, Martha Sumner-Kenney/NPNG/Enron@ENRON, Phyllis Miller/NPNG/Enron@ENR= ON, Sandy Olofson/NPNG/Enron@ENRON, Theresa Byrne/NPNG/Enron@ENRON, Danny M= cCarty/ET&S/Enron@Enron, Denis Tu/FGT/Enron@ENRON, John A Ayres/FGT/Enron@E= NRON, John Millar/FGT/Enron@Enron, Julie Armstrong/Corp/Enron@ENRON, Maggie= Schroeder/FGT/Enron@ENRON, Max Brown/OTS/Enron@ENRON, Randy Cantrell/GCO/E= nron@ENRON, Tracy Scott/Corp/Enron@ENRON, Charles T Muzzy/HOU/ECT@ECT, Cora= Pendergrass/Corp/Enron@ENRON, Darren Espey/Corp/Enron@ENRON, Jessica White= /NA/Enron@Enron, Kevin Brady/NA/Enron@Enron, Kirk Lenart/HOU/ECT@ECT, Lisa = Kinsey/HOU/ECT@ECT, Margie Straight/HOU/ECT@ECT, Mark L Schrab/HOU/ECT@ECT,= Souad Mahmassani/Corp/Enron@ENRON, Tammy Gilmore/NA/Enron@ENRON, Teresa Mc= Omber/NA/Enron@ENRON, Wes Dempsey/NA/Enron@Enron, Barry Feldman/NYC/MGUSA@M= GUSA, Catherine Huynh/NA/Enron@Enron cc:=09=20 Subject:=092- SURVEY/INFORMATION EMAIL 5-14- 01 Current Notes User:=20 To ensure that you experience a successful migration from Notes to Outlook,= it is necessary to gather individual user information prior to your date o= f migration. Please take a few minutes to completely fill out the followin= g survey. Double Click on document to put it in "Edit" mode. When you finis= h, simply click on the 'Reply With History' button then hit 'Send' Your su= rvey will automatically be sent to the Outlook 2000 Migration Mailbox. Thank you. Outlook 2000 Migration Team ---------------------------------------------------------------------------= ----------------------------------------------------------------- Full Name: Phillip Allen=09=09 Login ID: =09pallen Extension: =0937041 Office Location: EB3210C What type of computer do you have? (Desktop, Laptop, Both) =09Both Do you have a PDA? If yes, what type do you have: (None, IPAQ, Palm Pilo= t, Jornada) IPAQ Do you have permission to access anyone's Email/Calendar? =09 If yes, who? =20 Does anyone have permission to access your Email/Calendar? =09Yes, Ina Ran= gel If yes, who? =20 Are you responsible for updating anyone else's address book? =09 If yes, who? =20 Is anyone else responsible for updating your address book? =20 If yes, who? =20 Do you have access to a shared calendar? =20 If yes, which shared calendar? =20 Do you have any Distribution Groups that Messaging maintains for you (for m= ass mailings)? =20 If yes, please list here: =20 Please list all Notes databases applications that you currently use: =20 In our efforts to plan the exact date/time of your migration, we also will = need to know: What are your normal work hours? From: 7 To: 5 Will you be out of the office in the near future for vacation, leave, etc? If so, when? From (MM/DD/YY): To (MM/DD/YY): =20
allen-p/sent_items/370.
subject: RE: Amerex - Scott Halprian content: Andy, I don't know what your need for brokerage services are, but Scott is nice enough as far as brokers go. Personally, I am extremely pleased with the transition to online platforms and find that I can get 90%+ of my business done online. If you have a need for brokers, Scott is a good choice. Phillip -----Original Message----- From: Fairley, Andrew Sent: Tuesday, October 30, 2001 7:13 AM To: Holst, Keith; Allen, Phillip K. Subject: Amerex - Scott Halprian Hi guys, We met last February when I was over in Houston and you kindly gave me some pointers as to how we in the UK can apply your experiences to the UK market. I have had a call from Scott at Amerex saying he is moving to London to set up here. He has said you would recommend him with a view to working our numbers here in Europe. Would you be able to comment favourably or otherwise when you get a minute? Many thanks Andy
allen-p/sent_items/371.
subject: FW: November 2001 FERC Open and Special Meeting Notice content: -----Original Message----- From: Capitol Connection <[email protected] <mailto:[email protected]>>@ENRON Sent: Tuesday, October 30, 2001 11:42 AM To: (Recipient list suppressed)@ENRON Subject: November 2001 FERC Open and Special Meeting Notice OPEN MEETINGS FOR NOVEMBER 2001 The Capitol Connection is pleased to announce that it will broadcast the Federal Energy Regulatory Commission Open Meetings on: Wednesday, Nov. 7, 2001, 10:00 am ET Tuesday, Nov. 20, 2001, 10:00 am ET Meeting dates and times are subject to change without notice. For current information, you can go to our website at www.capitolconnection.org <http://www.capitolconnection.org> for a link to the FERC's page or you can go to the FERC's web page at www.ferc.fed.us <http://www.ferc.fed.us>. The FERC Office of the Secretary can be reached at 202.208.0400. SPECIAL MEETINGS FOR NOVEMBER 2001 The Capitol Connection is pleased to announce that it will broadcast (via the internet and telephone) the following Federal Energy Regulatory Commission Special Meeting: Friday, November 2, 9.00 a.m. - 4:00 p.m. PST (12:00 noon - 7:00 p.m. EST) Topic: Western Region's Energy Infrastructure and related matters. This conference is being held at the WestCoast Grand Hotel in Seattle, Washington. For the contract for this meeting, please go to our website at www.capitolconnection.org <http://www.capitolconnection.org> If you have an annual subscription to the Capitol Connection internet service, these meetings are included in the annual fee. Please contact us if you are interested in signing up for either of these meetings or want to get an annual subscription to our internet service. The Capitol Connection offers FERC meetings live via the Internet, as well as via phone bridge, and satellite, please visit our website at www.capitolconnection.org <http://www.capitolconnection.org>. or send e-mail to [email protected] <mailto:[email protected]> for more information. If there is a meeting you are interested in receiving, please call 703-993-3100. Sincerely, David Reininger
allen-p/sent_items/372.
subject: content: Renee, I wrote "check" as the method of distribution on the form I dropped off last Thursday. I thought it would be more likely for the distribution to be made off-cycle. However, if the distribution could be made on-cycle I would prefer direct deposit. Is this email sufficient notice or do I need to do something else? Thank you, Phillip Allen
allen-p/sent_items/373.
subject: Texas1031_homepage content: Carlos, I faxed you a copy of the contract to sell the property in Leander. The title company is Chicago Title Company in Austin. Their address is 1501 S Mopac, Suite 130, Austin, TX 78746. Wendy Butters is the contact person. Her number is (512)480-8353. Phillip
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subject: content: Jacques, Thanks for pulling together the copies of the organization documents. Have you had a chance to gather the title work? Call or email when you get a chance. Phillip
allen-p/sent_items/375.
subject: content: Renee, Thank you for digging in to the issue of Deferred Phantom Stock Units. It is clear that the payment will be made in shares. However, I still don't understand which date will be used to determine the value and calculate how many shares. The plan document under VII. Amount of Benefit Payments reads "The value of the shares, and resulting payment amount will be based on the closing price of Enron Corp. common stock on the January 1 before the date of payment, and such payment shall be made in shares of Enron Corp. common stock." Can you help me interpret this statement and work through the numbers on my account. Thank you, Phillip Allen
allen-p/sent_items/376.
subject: RE: content: Richard, I checked with Wink and his prices were slightly lower per square foot but the builder was not keen on the panels Wink is selling because the dimensional lumber to frame windows and doors is not included. So that reduces some of the savings. Either way it still appears that a panel home will cost close to $20,000 more for a 4000 sq ft home. Even if I assume my energy savings will be $125/month, it would take approximately 22 years to recover the upfront cost assuming a 5% interest rate. Cost is a major concern, but I am also concerned with the comfort level of the upstairs. I am under the impression that the panels will prevent the upstairs from feeling significantly hotter than the downstairs as most two story homes do. What are some other alternatives that would also be effective? Radiant barrier? More attic ventilation? Thank you for your help. Phillip Allen 713-853-7041 -----Original Message----- From: "Morgan, Richard" <[email protected]>@ENRON Sent: Wednesday, October 10, 2001 9:04 AM To: Allen, Phillip K. Subject: RE: Phillip, there are a number of alternative systems that will allow the same level of energy efficiency. I would wait a bit for Wink's bid though. You say that your panel costs are $20,000 additional. that sounds like a lot. I just did a panel house with a 2100 sq ft footprint and the total panel cost was about $25,000 with 8 inch walls and 10 inch roof. Stay in touch and we can discuss alternatives if that becomes necessary. If your budget is $85-90 per sq. ft. excluding land costs your costs will be on the low end of the true custom home level but should be achievable with good management. Richard Morgan Manager, Green Building Program Austin Energy 721 Barton Springs Rd. Austin, TX 78704-1194 Ph. 512.505.3709 Fax 512.505.3711 e-mail [email protected] -----Original Message----- From: Allen, Phillip K. [mailto:[email protected]] Sent: Wednesday, October 10, 2001 9:19 AM To: Morgan, Richard Subject: Richard, I spoke to you earlier this week with questions about building with SIP's. I am planning to build a home in San Marcos as soon as I can decide on a builder and materials. I already have my blueprints completed. What I took from our conversation was to use the SIP's with 8.5" roof panels and use a metal roof. I have been working with Johnnie Brown, a builder from San Antonio that is also a Creative Panel rep. The problem is that I have a budget of $85-$90/sf and it does not appear that he will be able to stay within that budget. I don't want to settle for a conventional stick built house. I was wondering about alternatives. Would some combination of a radiant barrier and non-CFC spray insulation provide close to the same energy savings at a lower cost than SIP's. For example, I just spoke to a sales rep for Demilec. He will spray foam insulation at $1.30/sf. That would be approximately $10,000 compared to over $20,000 additional costs for the panels. But would the foam insulation be as effective? Do you have any suggestions of materials or contractors that would help me construct the best home for the money. I am trying to get a bid from Wink with Premier based on you reference. Thank you for your help. Phillip Allen [email protected] 713-853-7041 ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. **********************************************************************
allen-p/sent_items/377.
subject: RE: Exchange Documents content: Jerry, I had a couple of questions about the exchange. 1. Can I place the replacement property into a limited partnership? 2. The cash to be escrowed is approx. $650K. At money market rates of 3.5% the interest in six months would be over $10K. Will the funds be held in an interest bearing account and will I receive the interest? 3. Should I fed ex all these documents to the title company? Thank you, Phillip -----Original Message----- From: Jerry Caskey <[email protected]>@ENRON Sent: Thursday, November 01, 2001 1:13 PM To: Allen, Phillip K. Subject: Exchange Documents Mr. Allen: Would you please sign the exchanges documents where indicated and fax back to us only the signed pages. Wendy Butters will have the buyer sign her set of documents for the closing. Our fax # is 830-625-1031 Jerry Caskey Lone Star Exchange Company - 1031.gif << File: 1031.gif >> - Phase 1.pdf << File: Phase 1.pdf >>
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subject: RE: Huntley/question content: Bob, Let me know how I can help with the variance application. Phillip -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Tuesday, October 30, 2001 3:19 PM To: Allen, Phillip K. Subject: Re: Huntley/question Phillip, It is looking like we will have to apply for a variance due to a set back requirement when building over 10 feet tall. Normal set back is 10 feet. For every 3 ft higher you go, another 5 feet is added to the set back. The garage would be about 20 ft so we'd normally need to be back about 25 ft. Currently, it's 13 feet. I'm going to look into what's involved in getting on the agenda for a variance. I'll let you know what I find out. Thanks, Bob Huntley ----- Original Message ----- From: <[email protected]> To: <[email protected]> Sent: Tuesday, October 30, 2001 5:21 AM Subject: RE: Huntley/question > Bob, > > I found the warranty deed but I could not find the title policy. I will > call the title company that we used to get a copy today. > > Phillip > > -----Original Message----- > From: "Robert W. Huntley, CFP" <[email protected]>@ENRON > Sent: Monday, October 29, 2001 10:48 AM > To: Allen, Phillip K. > Subject: Re: Huntley/question > > Phillip, > > Have you found the title policy? > > Thanks, > > Bob Huntley > > > ----- Original Message ----- > From: <[email protected]> > To: <[email protected]> > Sent: Thursday, October 25, 2001 11:08 AM > Subject: RE: Huntley/question > > > > I will try and find my title policy this evening. > > > > -----Original Message----- > > From: "Robert W. Huntley, CFP" <[email protected]>@ENRON > > Sent: Thursday, October 25, 2001 1:50 PM > > To: Allen, Phillip K. > > Subject: Huntley/question > > > > > > Phillip, > > > > Could you please do me a favor? I would like to read your > current > > title policy to see what it says about easements. You should > have > > received a copy during your closing. I don't know how many > pages it > > will be but let me know how you want to handle getting a copy > made. > > I'll be happy to make the copy, or whatever makes it easy for > you. > > > > Thanks, > > > > Bob Huntley > > > > > > > > > ********************************************************************** > > This e-mail is the property of Enron Corp. and/or its relevant > affiliate > and may contain confidential and privileged material for the sole use > of the > intended recipient (s). Any review, use, distribution or disclosure by > others is strictly prohibited. If you are not the intended recipient > (or > authorized to receive for the recipient), please contact the sender or > reply > to Enron Corp. at [email protected] and delete > all > copies of the message. This e-mail (and any attachments hereto) are > not > intended to be an offer (or an acceptance) and do not create or > evidence a > binding and enforceable contract between Enron Corp. (or any of its > affiliates) and the intended recipient or any other party, and may not > be > relied on by anyone as the basis of a contract by estoppel or > otherwise. > Thank you. > > > ********************************************************************** > > > > >
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subject: RE: content: Renee, I would like to have a meeting to go over the payment methodology. Scott Neal and Tom Martin would like to attend as well. This afternoon at 2 PM or later would work for us. Please let me know what time we could meet. Thank you, Phillip -----Original Message----- From: Ratcliff, Renee Sent: Friday, November 02, 2001 12:19 PM To: Allen, Phillip K. Subject: RE: Phillip, This section pertains to terminated employees who are paid out in the year following the termination event. The way the tax law works, the tax basis for your share distribution will be based on the closing stock price the day preceding notification to the transfer agent. As such, we will distribute net shares calculating the proper withholding at fair market value the day prior to notifying the transfer agent. We will be distributing the shares reflected on your 9/30/01 statement (6,606 shares plus cash for fractional shares). If you would prefer to settle the taxes with a personal check, we can distribute gross shares. Please let me know you preference. As you know, we are in the process of transferring recordkeeping services from NTRC to Hewitt. As such, we have a CPA, Larry Lewis, working with us to audit and set up transition files. He has become our department expert on the PSA account (much more knowledgeable than myself) and the various plan provision amendments. If you would like, we can set up a conference call with you, myself, and Larry to go over the payment methodology. Please let me know a date and time that is convenient for you. Thanks, Renee -----Original Message----- From: Allen, Phillip K. Sent: Thursday, November 01, 2001 8:26 AM To: Ratcliff, Renee Subject: Renee, Thank you for digging in to the issue of Deferred Phantom Stock Units. It is clear that the payment will be made in shares. However, I still don't understand which date will be used to determine the value and calculate how many shares. The plan document under VII. Amount of Benefit Payments reads "The value of the shares, and resulting payment amount will be based on the closing price of Enron Corp. common stock on the January 1 before the date of payment, and such payment shall be made in shares of Enron Corp. common stock." Can you help me interpret this statement and work through the numbers on my account. Thank you, Phillip Allen
allen-p/sent_items/38.
subject: content: Let me know when you get the quotes from Pauline. I am expecting to pay something in the $3,000 to $5,000 range. I would like to see the quotes and a description of the work to be done. It is my understanding that some rock will be removed and replaced with siding. If they are getting quotes to put up new rock then we will need to clarify. Jacques is ready to drop in a dollar amount on the release. If the negotiations stall, it seems like I need to go ahead and cut off the utilities. Hopefully things will go smoothly. Phillip
allen-p/sent_items/380.
subject: FW: Phantom Stock Payouts content: -----Original Appointment----- From: Etienne, Bernadette On Behalf Of Butler, Pam Sent: Tuesday, November 06, 2001 1:35 PM To: Butler, Pam; Ratcliff, Renee; Martin, Thomas A.; Allen, Phillip K.; Neal, Scott Subject: Phantom Stock Payouts When: Thursday, November 08, 2001 11:30 AM-12:30 PM (GMT-08:00) Pacific Time (US & Canada); Tijuana. Where: EB1672 Attendees: Pam Butler Renee Ratcliff Larry Lewis Tom Martin Scott Neal Phillip Allen
allen-p/sent_items/381.
subject: content: Greg, I faxed you the promotional on 10300 Heritage Office Building with the Nimitz post office. The broker called back shortly after I spoke to you to let me know that the kestrel air park building and the strip center at fm78 & walzem had both sold. Let me know what you think of this property. Also, let me know of any other ideas about replacement property. Phillip
allen-p/sent_items/382.
subject: content: Jim, Take a look at this spreadsheet. I tried to calculate the IRR on the port Aransas and Roma post offices. Is this how your clients usually evaluate these properties? The Roma deal looks much better. Phillip
allen-p/sent_items/383.
subject: RE: Interface Design Update content: Mery, This sounds better than the limitations you were describing in the meeting. We should be able to work with this. Phillip -----Original Message----- From: [email protected]@ENRON Sent: Monday, November 05, 2001 5:11 PM To: [email protected] Cc: [email protected]; [email protected] Subject: Interface Design Update Phillip, The purpose of this e-mail is to explain the results of our discussions with the technical team after our meeting with you. We need to get your approval of the points listed below so that we can begin building the application. We can have the Position and P&L Reports show the results of the learner's decisions in previous periods, which will allow the learner move forward in time with wrong answers. This will achieve our goal of giving the learners "more rope" and letting them see the results of their mistakes. In order to achieve this, we will have the following constraints: The feedback will be fairly high-level, as we discussed in Thursday's meeting. We will be able to provide feedback on cumulative P&L and positions, but not about specific actions the learner took in a previous period. We will not, for example, be able to say things like "In November, when we were headed into a cold winter, you chose to withdraw gas. What you should have done was..." We cannot save the P&L and position numbers. This means that if the learner leaves the simulation, returns to the main menu, or experiences a computer crash, his decisions will not be saved and he will need to start over at time period one. We cannot have the learner calculate P&L on storage costs, transportation costs, or hedging instruments. This is because the right answer and the available answer choices would have to depend on the decisions the learner has made. Now that the learner can go down any path he chooses, the number of possible answers is extremely large, and the right answers are variable. I believe these tasks will be actually better if we don't have the learner calculate P&L because he has already calculated P&L numerous times in the structurer/customer scenarios and conversion and arbitrage scenarios. Furthermore, the type of feedback we would have to give about specific P&L numbers will not flow well with the high-level, global-type feedback we are now planning to give in this task. We cannot export price numbers into Excel because the Indeliq framework does not support the downloading of data into external applications. The technical effort required to add this functionality far exceeds our current development budget. We can, however, do some calculations for the learner on the screen. We can also try to somehow allow the learner to make the mistake of using future prices instead of discounted prices. If you could please respond with your approval or concerns by end of day Wednesday, it will allow us to move forward with the development of this simulation. I would be happy to discuss these points with you; please let me know if you would like to set up a meeting. Thank you. Mery This message is for the designated recipient only and may contain privileged or confidential information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited.
allen-p/sent_items/384.
subject: RE: new PO available content: Jim, I received your email on the Killeen post office. I am still having a tough time making the math work. Can you prepare a spreadsheet that would show why the post office is such a good investment? Maybe the assumptions I am making about interest rates, expenses, or value at the end of the lease are incorrect. Phillip -----Original Message----- From: James Wills <[email protected]>@ENRON Sent: Friday, November 09, 2001 4:22 PM To: [email protected]; [email protected] Subject: new PO available Phillip, Hope your trip to Kerrville was worthwhile, and you had a chance to check out the Heritage Building. I am writing to tell you about another post office that has just come back on the market...it's in Killeen, and was under contract for about 30 days. But one of my clients here who was in a 1031 exchange, and had designated three post offices with us, could only actually buy two, so today he released this one. The Killeen post office (Harker Heights, a suburb) is one of the best we have had in our inventory. It was built by a developer who is a friend of ours and has been constructing POs for many years. She had to turn down two other potential buyers recently because it was under contract. I'm sure it will not last long. I have attached a flyer for you, and can supply a copy of the lease too. If you are interested, do let me know soon...we will need to act quickly! With best regards, Jim Wills - Harker Heights.doc << File: Harker Heights.doc >>
allen-p/sent_items/385.
subject: RE: word file as promised content: Bob, The application for the variance states that I applied for a permit on October 29th and was rejected. Do the discussions with the building inspector constitute denial. Phillip -----Original Message----- From: "Robert W. Huntley, CFP" <[email protected]>@ENRON Sent: Monday, November 12, 2001 11:45 AM To: Allen, Phillip K. Subject: word file as promised - Allen 8855 Merlin lttr.doc << File: Allen 8855 Merlin lttr.doc >>
allen-p/sent_items/386.
subject: content: Steve, I need help determining how much margin the short options require. My account has a value of around $1,400,000. That includes 750,000 of us treasury notes. I am ready to build a bond ladder of muni's. I need to know how much I can purchase with the funds in this account. Obviously, I don't want to margin the account to invest in fixed income. Please get back to me soon. Phillip
allen-p/sent_items/387.
subject: content: Tim, Have you considered reducing the scope or terminating the Accenture project to conserve cash? Where are we in terms of %complete? Phillip
allen-p/sent_items/388.
subject: FW: content: -----Original Message----- From: O'rourke, Tim Sent: Tuesday, November 13, 2001 7:29 AM To: Allen, Phillip K. Subject: RE: Yes I have. I'm getting all the details on the 4 options I have with the project: Terminate Postpone until Q1 Postpone until deal Closure continue as planned. When I get this info I'll talk with you about it. We're currently about to end Phase 2 (approx 50% completed). -----Original Message----- From: Allen, Phillip K. Sent: Tuesday, November 13, 2001 9:19 AM To: O'rourke, Tim Subject: Tim, Have you considered reducing the scope or terminating the Accenture project to conserve cash? Where are we in terms of %complete? Phillip
allen-p/sent_items/389.
subject: RE: Muni Bond Ladder content: I would like more detail about how much margin my open positions require and how the muni's are treated with regard to margin. The call's I am short are way out of the money. The only positions that are changing very much in value are the Enron shares I am long and the Enron puts I am short. I would consider closing those positions. I would like to put the maximum possible into Muni's. Please forward this email to Steve. Phillip -----Original Message----- From: "Sandoval, Julieta" <[email protected]>@ENRON Sent: Tuesday, November 13, 2001 8:25 AM To: Allen, Phillip K. Subject: Muni Bond Ladder Phillip: Steve and I are inquiring on the email you sent him. We wanted come up with a Muni proposal for 1M and take it from there. At this point, we have about 1.3M available but using this full amount would not give us any cushion in regards to margin. Let us know if the 1M is OK with you; assuming we can always go in and invest more into the bond ladder. Julieta Sandoval Registered Client Service Associate UBS PaineWebber 1111 Bagby Street, Suite 5100 Houston, Texas 77002 713-654-0275 ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees.
allen-p/sent_items/39.
subject: content: Jeff, Jacques Craig will draw up a release. What is the status on the quote from Wade? Phillip
allen-p/sent_items/390.
subject: content: When can we reschedule the meeting regarding phantom stock deferral. Any day except Thursday would work. Phillip Allen
allen-p/sent_items/391.
subject: RE: content: I would like to achieve a yield of 5%. I am expecting an average maturity date of 2020. Since the treasury is only paying 6.25% taxable at 39%, isn't the effective yield only 3.8%? Why wouldn't I move this money to muni's? Phillip -----Original Message----- From: "Matthews, Steven" <[email protected]>@ENRON Sent: Tuesday, November 13, 2001 9:22 AM To: Allen, Phillip K. Subject: Phillip, Right now you can use the entire amount in your money market ( approx. $785,000) for your muni bond portfolio. After the treasury comes due on Jan 31, 2002, you will have another $750,000. You really don't have to worry about your margin requirements because you still get 80% of the value of your municipals credited towards marginable securities. So, the bottom line is 785m right now. Jan 31, 2002 another 750m. One thing to keep in mind are 28 put contracts you still have out there. Unless you close that position you will probably get put those. Let me know how much you want for your Muni Proposal to be for. Also, if there are any specifics that you want me to consider with your proposal such as duration, maturity, etc. Steve ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees.
allen-p/sent_items/392.
subject: RE: Home Nortel VPN use content: I am still using my home Nortel VPN access. -----Original Message----- From: Grove, Chrissy Sent: Tuesday, November 13, 2001 8:58 AM To: Abshire, Scott; Adamik, Darren; Allen, Phillip K.; Arnold, John; Bhagat, Sanjay; Bosco, Eli; Buy, Rick; Cowley, Mark; Cramer, James; Frevert, Mark; Fricker, Charlene; Guadarrama, Michael; Huang, Xiaowu; Imam, Hasan; Jeganathan, Lenine; Jenson, Jarod; Kruleski, Mick; Lavorato, John; Lowry, Jennifer ; Lowry, Phil; Mazowita, Mike; Miller, Beverly; Patrick, Christie; Petzold, Brad; Ratliff, Dale; Tang, Mable; Tycholiz, Barry; Uribe, Carlos Subject: Home Nortel VPN use Importance: High All: Please verify if you still use your home Nortel VPN access. Thank you, Chrissy Grove Network Security 713.345.8269
allen-p/sent_items/393.
subject: RE: content: What are the specifics of those bonds are they insured what are they rated? Can you work up a ladder from 2015-2026? Shouldn't I buy more than just one or two issues? -----Original Message----- From: "Matthews, Steven" <[email protected]>@ENRON Sent: Tuesday, November 13, 2001 9:56 AM To: Allen, Phillip K. Subject: RE: You are correct. With your tax bracket a 5% muni would be the equivalent of an 8.2% taxable yield. I looked at the inventory. Right know we have only 180 bonds of a San Jacinto Community with a YTM of 4.92% maturing 2022. Also, a Lubbock Texas Heath Facility with a YTM of 5.1% maturing 2023. Let me know what you think. Steve -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Tuesday, November 13, 2001 11:34 AM To: Matthews, Steven Subject: RE: I would like to achieve a yield of 5%. I am expecting an average maturity date of 2020. Since the treasury is only paying 6.25% taxable at 39%, isn't the effective yield only 3.8%? Why wouldn't I move this money to muni's? Phillip -----Original Message----- From: "Matthews, Steven" <[email protected]>@ENRON Sent: Tuesday, November 13, 2001 9:22 AM To: Allen, Phillip K. Subject: Phillip, Right now you can use the entire amount in your money market ( approx. $785,000) for your muni bond portfolio. After the treasury comes due on Jan 31, 2002, you will have another $750,000. You really don't have to worry about your margin requirements because you still get 80% of the value of your municipals credited towards marginable securities. So, the bottom line is 785m right now. Jan 31, 2002 another 750m. One thing to keep in mind are 28 put contracts you still have out there. Unless you close that position you will probably get put those. Let me know how much you want for your Muni Proposal to be for. Also, if there are any specifics that you want me to consider with your proposal such as duration, maturity, etc. Steve ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees. ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. ********************************************************************** ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees.
allen-p/sent_items/394.
subject: RE: content: Let's start with $1 million. -----Original Message----- From: "Matthews, Steven" <[email protected]>@ENRON Sent: Tuesday, November 13, 2001 12:49 PM To: Allen, Phillip K. Subject: RE: Phillip: Just wanted to give you an idea of what's available. Both are insured and triple A. Depending on how much we want to buy, we would definitely look at different issues. What I can do is come up with a proposal tomorrow and work the ladder with the dates you provided below. Just let me know about how much we want to start off with. Steve -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Tuesday, November 13, 2001 2:03 PM To: Matthews, Steven Subject: RE: What are the specifics of those bonds are they insured what are they rated? Can you work up a ladder from 2015-2026? Shouldn't I buy more than just one or two issues? -----Original Message----- From: "Matthews, Steven" <[email protected]>@ENRON Sent: Tuesday, November 13, 2001 9:56 AM To: Allen, Phillip K. Subject: RE: You are correct. With your tax bracket a 5% muni would be the equivalent of an 8.2% taxable yield. I looked at the inventory. Right know we have only 180 bonds of a San Jacinto Community with a YTM of 4.92% maturing 2022. Also, a Lubbock Texas Heath Facility with a YTM of 5.1% maturing 2023. Let me know what you think. Steve -----Original Message----- From: [email protected] [mailto:[email protected]] Sent: Tuesday, November 13, 2001 11:34 AM To: Matthews, Steven Subject: RE: I would like to achieve a yield of 5%. I am expecting an average maturity date of 2020. Since the treasury is only paying 6.25% taxable at 39%, isn't the effective yield only 3.8%? Why wouldn't I move this money to muni's? Phillip -----Original Message----- From: "Matthews, Steven" <[email protected]> @ENRON Sent: Tuesday, November 13, 2001 9:22 AM To: Allen, Phillip K. Subject: Phillip, Right now you can use the entire amount in your money market ( approx. $785,000) for your muni bond portfolio. After the treasury comes due on Jan 31, 2002, you will have another $750,000. You really don't have to worry about your margin requirements because you still get 80% of the value of your municipals credited towards marginable securities. So, the bottom line is 785m right now. Jan 31, 2002 another 750m. One thing to keep in mind are 28 put contracts you still have out there. Unless you close that position you will probably get put those. Let me know how much you want for your Muni Proposal to be for. Also, if there are any specifics that you want me to consider with your proposal such as duration, maturity, etc. Steve ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees. ********************************************************************** This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. ********************************************************************** ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees. ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees.
allen-p/sent_items/395.
subject: RE: word file as promised content: Bob, I turned in the application for a variance yesterday. The hearing will be = on January 8th. In order to get on the calendar for the Dec 4th hearing, t= he application had to be in by November 9th. I was under the impression th= at yesterday was the deadline. Sorry if I dropped the ball. =20 On another note, I spoke to Joe Edwards yesterday and he had some useful su= ggestions about the addition. It might be possible to move the addition f= orward and open up the bedroom at the top of the stairs into the new space.= You could convert the modified bedroom into a media room and use the new = space for your game/play/music room. Then you could close off the existing= play room to replace the bedroom lost. Part of the play room that is bord= ered by the stair rail and looks down to the living room could be used for = a built in desk with a couple of computers. This way you would not have to= add a second staircase. The walls needed to convert the playroom to a bed= room should be minor construction. In the back you could slope the roof un= til you were within the setback. Then you could place a large dormer facin= g the back of the property or bring a wall straight up. From the driveway = the addition would have the same elevation as your drawing but intwould be = brought forward with a covered parking area below the addition. The kitche= n and dining room windows would still open to the driveway but they would b= e more shaded. That is the west side of the house so that might not be a b= ad thing. Your ideas about opening up the kitchen to the living room or di= ning room would still be possible. Personally, I think opening the dining = room would be the better idea. I don't know if you can visualize this or if you are even interested in exp= loring anything except your original plan. But I wanted to suggest somethi= ng in case the variance was not granted. Let me know if you want me to try= and sketch out these ideas. Phillip -----Original Message----- From: =09"Robert W. Huntley, CFP" <[email protected]>@ENRON =20 Sent:=09Monday, November 12, 2001 11:45 AM To:=09Allen, Phillip K. Subject:=09word file as promised =20 - Allen 8855 Merlin lttr.doc << File: Allen 8855 Merlin lttr.doc >>
allen-p/sent_items/396.
subject: content: Please review. =20 Greg, After making an election in October to receive a full distribution of my de= ferral account under Section 6.3 of the plan, a disagreement has arisen reg= arding the Phantom Stock Account. =20 Section 6.3 states that a participant may elect to receive a single sum dis= tribution of all of the participant's deferral accounts subject to a 10% pe= nalty. This provision is stated to be notwithstanding any other provision = of the plan. It also states that the account balance shall be determined a= s of the last day of the month preceding the date on which the committee re= ceives the written request of the participant. In my case this would be as= of September 30th. I read this paragraph to indicate a cash payout of 90%= of the value of all deferrals as on September 30, 2001. The plan administ= rators, however, interpret this paragraph differently. Their reading yield= s a cash payout of 90% of the value for deferrals other than the Phantom St= ock Account, which they believe should be paid with 90% of Enron Corp. sha= res in the account as of September 30, 2001. Their justification is that i= n several places throughout the plan document and brochures it is stated th= at the distributions of the Phantom Stock Account shall be made in shares o= f Enron Corp. common stock. There are two reason that I do not agree with their interpretation. First,= section 6.3 begins with "notwithstanding any other provision of the Plan.= " This indicates that any other payout methodologies described in other se= ctions of the plan which deal with normal distribution at termination do no= t apply. Second, the language in section 6.3 stating "a single sum distrib= ution of all of the Participant's deferral accounts" indicates that one pay= ment will be made not a cash payment separate from a share distribution. The interpretation of the administrators goes beyond section 6.3. If that = is the case then section 7.1 should apply. This section does provide for t= he Phantom Stock Account to be paid in shares. However, it states "The val= ue of the shares, and resulting payment amount, will be based on the closin= g price of Enron Corp. common stock on the January 1 before the date of pay= ment, and such payment shall be made in shares of Enron Corp common stock".= This would result in approximately 8.3 shares to be distributed for every= share in the account on January 1, 2001. Although this would be the most = beneficial to the participants due to the decline of the value of Enron Cor= p. common stock from $83 to $10 per share, this methodology goes beyond se= ction 6.3. The calculations below illustrate the difference in the value and method of= distribution under each of the three interpretations: Section 6.3=09=09Plan Administrators=09=09Section 7.1 Number of shares=09=096,600=09shares=09=096,600=09shares=09=09=096,600 shar= es Relative share price=09=09$27.23=09=09=09=09=09=09=09$83.13 Phantom Stock Value=09=09$179,718=09=09=09=09=09=09$548,658 10% Penalty=09=09=09-17,972=09=09=09 -600=09=09=09=09-54,866 Value to be distributed=09=09$161,746=09=096,000 shares=09=09=09$493,792 Current stock price=09=09=09=09=09=09=09=09=09$10 Distribution=09=09=09$161,746=09=096,000 shares=09=09=0949,379 shares I believe my interpretation under section 6.3 is correct and fair. If the = administrators insist on distributing shares instead of cash then section 7= .1 should apply. The current interpretation of the plan administrators is = a hybrid between the two sections resulting in the lowest possible payout. = =20 In addition to myself, Tom Martin, Scott Neal, and Don Black are facing the= same issue. I would appreciate your review and consideration of this matt= er. Sincerely, Phillip Allen =20 =09=09=09=09=09=09=09=09=09=09
allen-p/sent_items/397.
subject: RE: Muni Proposal content: The spreadsheet you sent will not open up and calculate any yields. Can you resend? -----Original Message----- From: "Matthews, Steven" <[email protected]>@ENRON Sent: Wednesday, November 14, 2001 10:35 AM To: Allen, Phillip K. Subject: Muni Proposal Phillip, I have the proposal for you. Take a look at it and try to respond as soon as possible. These are bonds in inventory right now that we can buy. So, if you want this please let me know ASAP. Thanks, Steve <<HS-STEVE MATTHEWS#2.xls>> ****************************************************** Notice Regarding Entry of Orders and Instructions: Please do not transmit orders and/or instructions regarding your UBSPaineWebber account(s) by e-mail. Orders and/or instructions transmitted by e-mail will not be accepted by UBSPaineWebber and UBSPaineWebber will not be responsible for carrying out such orders and/or instructions. Notice Regarding Privacy and Confidentiality: UBSPaineWebber reserves the right to monitor and review the content of all e-mail communications sent and/or received by its employees. - HS-STEVE MATTHEWS#2.xls << File: HS-STEVE MATTHEWS#2.xls >>
allen-p/sent_items/398.
subject: RE: Thursday Meeting content: Mery, I will not be in the office on Thursday. Can we meet on Friday at 10 am? Try to get a room off the 32nd floor. -----Original Message----- From: [email protected]@ENRON Sent: Tuesday, November 13, 2001 5:54 PM To: [email protected] Cc: [email protected]; [email protected] Subject: Thursday Meeting Phillip, We spoke with Ina and scheduled a meeting with you for this Thursday from 10:00 - 11:00 in Room 3267 of the Enron Building. The purpose of this meeting will be to get your sign-off on the feedback approach for the simulation. We have outlined, in greater detail than you and I have previously discussed, what we will provide feedback on and how we will provide it for each scenario. It will be important for us to get your input on Thursday because we need to finalize the feedback structure before we can begin building the course. If you have any questions, please feel free to call me at Ext. 5-6676. Mery This message is for the designated recipient only and may contain privileged, proprietary, or otherwise private information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited.
allen-p/sent_items/399.
subject: RE: new PO available content: Jim, I realize you are excited about these post offices. But I really need help analyzing the numbers. Phillip -----Original Message----- From: James Wills <[email protected]>@ENRON Sent: Wednesday, November 14, 2001 1:38 PM To: [email protected]; [email protected] Subject: Re: new PO available Phillip, Carlos and I will try to respond to your request for a spreadsheet in the next day or two (I'll be at the home office in New Braunfels tomorrow). Meanwhile, I wanted to pass on some news...the Killeen post office probably is gone...I wrote a contract this morning that's now on its way to California for signature. Of course, if you wanted to submit one also, we can do it fairly quickly. Incidentally, I had the price wrong on Killeen...it's $1,377,550, not $1,360,000. HOWEVER!! Here's info about another new listing that may be ideal for you; it's a brand new post office at CANYON LAKE, just north of SA, and in a really ideal location to serve all the small communities that surround the reservoir. I have attached a flyer for you...this one, like Killeen, will not be around long because there are other brokers promoting it. I have talked to the postmaster, who tells me that almost all the boxes are gone, and the building is just now ready for occupancy. CPS is connecting over 2200 new power boxes a month in the area. It's really growing. Let me know what you think!! With best regards, Jim Wills [email protected] wrote: > Jim, > > I received your email on the Killeen post office. I am still having a > tough time making the math work. Can you prepare a spreadsheet that would > show why the post office is such a good investment? Maybe the assumptions > I am making about interest rates, expenses, or value at the end of the > lease are incorrect. > > Phillip > > -----Original Message----- > From: James Wills <[email protected]>@ENRON > Sent: Friday, November 09, 2001 4:22 PM > To: [email protected]; [email protected] > Subject: new PO available > > Phillip, > > Hope your trip to Kerrville was worthwhile, and you had a chance to > check out the Heritage Building. > > I am writing to tell you about another post office that has just come > back on the market...it's in Killeen, and was under contract for about > 30 days. But one of my clients here who was in a 1031 exchange, and > had > designated three post offices with us, could only actually buy two, so > today he released this one. > > The Killeen post office (Harker Heights, a suburb) is one of the best > we > have had in our inventory. It was built by a developer who is a friend > of ours and has been constructing POs for many years. She had to turn > down two other potential buyers recently because it was under > contract. > > I'm sure it will not last long. I have attached a flyer for you, and > can > supply a copy of the lease too. If you are interested, do let me know > soon...we will need to act quickly! With best regards, Jim Wills > > - Harker Heights.doc << File: Harker Heights.doc >> > > ********************************************************************** > This e-mail is the property of Enron Corp. and/or its relevant affiliate and may contain confidential and privileged material for the sole use of the intended recipient (s). Any review, use, distribution or disclosure by others is strictly prohibited. If you are not the intended recipient (or authorized to receive for the recipient), please contact the sender or reply to Enron Corp. at [email protected] and delete all copies of the message. This e-mail (and any attachments hereto) are not intended to be an offer (or an acceptance) and do not create or evidence a binding and enforceable contract between Enron Corp. (or any of its affiliates) and the intended recipient or any other party, and may not be relied on by anyone as the basis of a contract by estoppel or otherwise. Thank you. > ********************************************************************** - Canyon Lake, Texas.doc << File: Canyon Lake, Texas.doc >>
allen-p/sent_items/4.
subject: content: Tony, Here is the completed worksheet. I also attached both a plumbing and an electric worksheet. I spoke to Steve Chapman with the panel company in Kerrville. He has a complete set of plans plus an engineers drawing of the slab. I let him know that you would swing by and pick them up. He said he knew Mike. As I mentioned, Mark Olguin should also have a complete set. I will arrange for the additional copies to be mailed. Call with questions. Phillip 713-853-7041
allen-p/sent_items/40.
subject: Re: content: The west desk would like 2 analysts.
allen-p/sent_items/400.
subject: FW: content: Pam please review. I don't want to misrepresent your position to Greg. Greg, After making an election in October to receive a full distribution of my de= ferral account under Section 6.3 of the plan, a disagreement has arisen reg= arding the Phantom Stock Account. =20 Section 6.3 states that a participant may elect to receive a single sum dis= tribution of all of the participant's deferral accounts subject to a 10% pe= nalty. This provision is stated to be notwithstanding any other provision = of the plan. It also states that the account balance shall be determined a= s of the last day of the month preceding the date on which the committee re= ceives the written request of the participant. In my case this would be as= of September 30th. I read this paragraph to indicate a cash payout of 90%= of the value of all deferrals as on September 30, 2001. The plan administ= rators, however, interpret this paragraph differently. Their reading yield= s a cash payout of 90% of the value for deferrals other than the Phantom St= ock Account, which they believe should be paid with 90% of Enron Corp. sha= res in the account as of September 30, 2001. Their justification is that i= n several places throughout the plan document and brochures it is stated th= at the distributions of the Phantom Stock Account shall be made in shares o= f Enron Corp. common stock. There are two reason that I do not agree with their interpretation. First,= section 6.3 begins with "notwithstanding any other provision of the Plan.= " This indicates that any other payout methodologies described in other se= ctions of the plan which deal with normal distribution at termination do no= t apply. Second, the language in section 6.3 stating "a single sum distrib= ution of all of the Participant's deferral accounts" indicates that one pay= ment will be made not a cash payment separate from a share distribution. The interpretation of the administrators goes beyond section 6.3. If that = is the case then section 7.1 should apply. This section does provide for t= he Phantom Stock Account to be paid in shares. However, it states "The val= ue of the shares, and resulting payment amount, will be based on the closin= g price of Enron Corp. common stock on the January 1 before the date of pay= ment, and such payment shall be made in shares of Enron Corp common stock".= This would result in approximately 8.3 shares to be distributed for every= share in the account on January 1, 2001. Although this would be the most = beneficial to the participants due to the decline of the value of Enron Cor= p. common stock from $83 to $10 per share, this methodology goes beyond se= ction 6.3. The calculations below illustrate the difference in the value and method of= distribution under each of the three interpretations: Section 6.3=09=09Plan Administrators=09=09Section 7.1 Number of shares=09=096,600=09shares=09=096,600=09shares=09=09=096,600 shar= es Relative share price=09=09$27.23=09=09=09=09=09=09=09$83.13 Phantom Stock Value=09=09$179,718=09=09=09=09=09=09$548,658 10% Penalty=09=09=09-17,972=09=09=09 -600=09=09=09=09-54,866 Value to be distributed=09=09$161,746=09=096,000 shares=09=09=09$493,792 Current stock price=09=09=09=09=09=09=09=09=09$10 Distribution=09=09=09$161,746=09=096,000 shares=09=09=0949,379 shares I believe my interpretation under section 6.3 is correct and fair. If the = administrators insist on distributing shares instead of cash then section 7= .1 should apply. The current interpretation of the plan administrators is = a hybrid between the two sections resulting in the lowest possible payout. = =20 In addition to myself, Tom Martin, Scott Neal, and Don Black are facing the= same issue. I would appreciate your review and consideration of this matt= er. Sincerely, Phillip Allen =20 =09=09=09=09=09=09=09=09=09=09
allen-p/sent_items/401.
subject: FW: content: Greg, After making an election in October to receive a full distribution of my de= ferral account under Section 6.3 of the plan, a disagreement has arisen reg= arding the Phantom Stock Account. =20 Section 6.3 states that a participant may elect to receive a single sum dis= tribution of all of the participant's deferral accounts subject to a 10% pe= nalty. This provision is stated to be notwithstanding any other provision = of the plan. It also states that the account balance shall be determined a= s of the last day of the month preceding the date on which the committee re= ceives the written request of the participant. In my case this would be as= of September 30th. I read this paragraph to indicate a cash payout of 90%= of the value of all deferrals as on September 30, 2001. The plan administ= rators, however, interpret this paragraph differently. Their reading yield= s a cash payout of 90% of the value for deferrals other than the Phantom St= ock Account, which they believe should be paid with 90% of Enron Corp. sha= res in the account as of September 30, 2001. Their justification is that i= n several places throughout the plan document and brochures it is stated th= at the distributions of the Phantom Stock Account shall be made in shares o= f Enron Corp. common stock. There are two reason that I do not agree with their interpretation. First,= section 6.3 begins with "notwithstanding any other provision of the Plan.= " This indicates that any other payout methodologies described in other se= ctions of the plan which deal with normal distribution at termination do no= t apply. Second, the language in section 6.3 stating "a single sum distrib= ution of all of the Participant's deferral accounts" indicates that one pay= ment will be made not a cash payment separate from a share distribution. The interpretation of the administrators goes beyond section 6.3. If that = is the case then section 7.1 should apply. This section does provide for t= he Phantom Stock Account to be paid in shares. However, it states "The val= ue of the shares, and resulting payment amount, will be based on the closin= g price of Enron Corp. common stock on the January 1 before the date of pay= ment, and such payment shall be made in shares of Enron Corp common stock".= This would result in approximately 8.3 shares to be distributed for every= share in the account on January 1, 2001. Although this would be the most = beneficial to the participants due to the decline of the value of Enron Cor= p. common stock from $83 to $10 per share, this methodology goes beyond se= ction 6.3. The calculations below illustrate the difference in the value and method of= distribution under each of the three interpretations: Section 6.3=09=09Plan Administrators=09=09Section 7.1 Number of shares=09=096,600=09shares=09=096,600=09shares=09=09=096,600 shar= es Relative share price=09=09$27.23=09=09=09=09=09=09=09$83.13 Phantom Stock Value=09=09$179,718=09=09=09=09=09=09$548,658 10% Penalty=09=09=09-17,972=09=09=09 -600=09=09=09=09-54,866 Value to be distributed=09=09$161,746=09=096,000 shares=09=09=09$493,792 Current stock price=09=09=09=09=09=09=09=09=09$10 Distribution=09=09=09$161,746=09=096,000 shares=09=09=0949,379 shares I believe my interpretation under section 6.3 is correct and fair. If the = administrators insist on distributing shares instead of cash then section 7= .1 should apply. The current interpretation of the plan administrators is = a hybrid between the two sections resulting in the lowest possible payout. = =20 In addition to myself, Tom Martin, Scott Neal, and Don Black are facing the= same issue. I would appreciate your review and consideration of this matt= er. Sincerely, Phillip Allen =20 =09=09=09=09=09=09=09=09=09=09
allen-p/sent_items/402.
subject: RE: BRM Case & Options content: Yevgeny, Please send me an email describing the zero option so I can pass it along to the other SME's. Phillip -----Original Message----- From: Frolov, Yevgeny Sent: Monday, November 19, 2001 10:26 AM To: Allen, Phillip K. Cc: McDaniel, Kirk; Coleman, Brad; O'rourke, Tim Subject: BRM Case & Options Importance: High Phillip, I am following up to our BRM conversation from Friday. Obviously it is a valid questions to ask and as you requested I am attaching two documents: one summarizing the options and 2nd cash flow impact. In the cash flow impact Case 2 & 3 already account for additional cut of 100k from existing cost. (it comes from Expenses such as projected traveling 30K+Cut in Media 20K + Cut in sim exercises 50K) The cut in sim exercises need to be confirmed with you. A total of two sims could be cut one. Accenture will address this question tomorrow during the meeting. Also, I will ask them to cut the meeting by 10 min, thus we can go over the documents and can answer your questions. I am not sure what is Tim's schedule for tomorrow, but at least Kirk and myself will be around. Obviously cutting sims is not the best options but we are considering all alternatives at this time. We will continue to review how to cut labor and expenses. One question that it would be good if you think about it before we meet is as follow. Is BRM "core" to the Enron for next few months or new organization? Please consider the costs of finishing this project. Sincerely, Yevgeny Frolov 713-345-8250 w << File: BRM Cash Flow Cases.xls >> << File: BRM Contingency Numbers Rev3.xls >>
allen-p/sent_items/405.
subject: content: Mike & Tony, Rather than fill in the design selections, I have attached a spreadsheet that estimates the costs. Since I have spent so much time researching the house, I think my numbers are pretty close. I would be interested in working with a contractor on a cost plus fixed fee basis. I don't know if this would be agreeable to you. Take a look at the numbers and let me know what you think. If we could work together on this basis, I will complete the design selections. I will make the adjustments necessary to stay within the allowances as we get actual quotes from sub-contractors. We are torn between two good locations. However, we are leaning towards Kerrville. The lot in Kerrville is substantially more expensive than our lot in San Marcos, so we are really stretched to make this house work financially. We have decided that if we can make Kerrville work within our budget we will go ahead, if not we will fall back to our plan to move to San Marcos. I don't know how many jobs you have going currently, but if we could reach an agreement we would like to start immediately. Phillip Allen 713-463-8626 [email protected]
allen-p/sent_items/406.
subject: FW: content: -----Original Message----- From: Allen, Phillip K. Sent: Monday, November 26, 2001 11:10 AM To: '[email protected]' Subject: Mike & Tony, Rather than fill in the design selections, I have attached a spreadsheet that estimates the costs. Since I have spent so much time researching the house, I think my numbers are pretty close. I would be interested in working with a contractor on a cost plus fixed fee basis. I don't know if this would be agreeable to you. Take a look at the numbers and let me know what you think. If we could work together on this basis, I will complete the design selections. I will make the adjustments necessary to stay within the allowances as we get actual quotes from sub-contractors. We are torn between two good locations. However, we are leaning towards Kerrville. The lot in Kerrville is substantially more expensive than our lot in San Marcos, so we are really stretched to make this house work financially. We have decided that if we can make Kerrville work within our budget we will go ahead, if not we will fall back to our plan to move to San Marcos. I don't know how many jobs you have going currently, but if we could reach an agreement we would like to start immediately. Phillip Allen 713-463-8626 [email protected] <mailto:[email protected]>
allen-p/sent_items/407.
subject: RE: Summary of Today's Meeting content: Mery, Are we scheduled to meet tomorrow at 10 AM? If yes can we change to 2 PM? Phillip -----Original Message----- From: [email protected]@ENRON Sent: Friday, November 16, 2001 12:22 PM To: [email protected] Cc: [email protected]; [email protected]; Frolov, Yevgeny Subject: Summary of Today's Meeting Phillip, Thank you for meeting with us today. I want to take a few minutes to summarize the decisions that came out of our meeting. 1. Feedback Approach: We will incorporate the ideas and suggestions you gave us and move forward with this approach. 2. SME Review of Knowledge System Topics: When the time comes for Topics reviews, we will send you the name of the SME who is responsible for sign-off on each topic. 3. Conversion and Arbitrage Problems: We will brainstorm ways to incorporate more problems without going over our 4-6 hour target. We will meet with you next Tuesday at 10:00 to review the problems as we've designed them so far and arrive at a solution. (I will send an e-mail Monday with the room number.) Have a good weekend. Mery This message is for the designated recipient only and may contain privileged, proprietary, or otherwise private information. If you have received it in error, please notify the sender immediately and delete the original. Any other use of the email by you is prohibited.
allen-p/sent_items/409.
subject: RE: PO spreadsheets content: Jim, Your spreadsheet shows the same type of return I was calculating. Your insurance and repair numbers seem very low. Also, assuming that the options to extend at higher rates will be exercised is a huge leap of faith. I don't believe these properties cost any where near the $150+/sf that they are being offered at. Based on the optimistic back loaded returns, I would not be comfortable purchasing a post office at this time. Thank you anyway. Phillip -----Original Message----- From: James Wills <[email protected]>@ENRON Sent: Tuesday, November 20, 2001 8:56 AM To: [email protected]; [email protected] Subject: PO spreadsheets Phillip, Hope you are doing well this week, and have great plans for Turkeyday!! We'll be with family in Austin, and kind of on a maiden voyage in our '83 Avion that we're upgrading for camping! Here's a look at three post offices in a slightly different manner. Remember that the Roma one is about 5 years old, was a 15 yr lease originally. The other two are new. The Roma is like buying a savings account. It would be paid off in 10 years, you would reap some cash flow during that period, then the bonus kicks in after that with the 10 yr. renewals at a higher lease income after it's paid off. It would probably go beyond another 10 years. Cash on cash returns don't mean as much on shorter amoritazations like Roma. We have shown this info and flyers to several people, so do let us know if you are interested in any of them...I really don't think they will last long. With best regards, Jim Wills - new analysis.xls << File: new analysis.xls >>
allen-p/sent_items/41.
subject: California Summary content: ---------------------- Forwarded by Phillip K Allen/HOU/ECT on 05/07/2001 11:22 AM --------------------------- From: Jay Reitmeyer 05/03/2001 11:03 AM To: [email protected], [email protected] cc: Subject: California Summary Attached is the final version of the California Summary report with maps, graphs, and historical data. To: Phillip K Allen/HOU/ECT@ECT cc: bcc: Subject: Additional California Load Information Additional charts attempting to explain increase in demand by hydro, load growth, and temperature. Many assumptions had to be made. The data is not as solid as numbers in first set of graphs.