Message-ID: <17256534.1075840290560.JavaMail.evans@thyme> Date: Mon, 30 Apr 2001 23:30:00 -0700 (PDT) From: rosalee.fleming@enron.com To: mike.mcconnell@enron.com Subject: Re: EGM - all company meeting Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Rosalee Fleming X-To: Mike McConnell X-cc: X-bcc: X-Folder: \Kenneth_Lay_June2001\Notes Folders\All documents X-Origin: LAY-K X-FileName: klay.nsf Good morning, Mike. What time is the meeting? Rosie To: Kenneth Lay/Corp/Enron@ENRON cc: Subject: EGM - all company meeting Ken, Per my voicemail, we are having an all employee meeting on next Monday at the Hyatt Regency. The purpose of this meeting is to pull everyone together for an update on EGM and a brief presentation from all the business units within EGM. This includes about 1 hour of business and then drinks and food - we expect about 500 people. We have made a lot of progress on changing the nature and profitability of these businesses and we want to make sure everyone sees just how far we have come in a few months. I believe they will be motivated to see the growth and profitability. We had a record Q1 with $100 million of gross margin. That was 50% of what they made in all of 2000. Combined with the fact that in December of 2000 alone we made $87 million in gross margin, I believe it will have a big impact. If you could attend the meeting even for a few minutes it would go a long way in helping us drive our other point which is that the EGM businesses are now core to Enron and has the attention of both you and Jeff. Thanks for considering this and let me know if you need any other information or assistance. Mike