Subject: ENRON ONLINE RE: ENHANCED LIMIT ORDER OPTION
From: [email-masked]
To: legal <[email-masked]>, [email-masked]
Cc: [email-masked]
Date: Fri, 12 Oct 2001 14:25:34 -0700 (PDT)

TO:  Mark Taylor and Peter Keohane

Further to our telephone conversations of last week, please find enclosed a memorandum confirming our analysis.  Please call either myself (403.266.9016) or Keith Chatwin (403.266.9088)  if you have any questions.  Regards.

G.F. Erickson
October 12, 2001

Wilma Quan-Forsyth
STIKEMAN ELLIOTT
4300 Bankers Hall West
888 - 3rd Street S.W.
Calgary, Alberta  T2P 5C5
Phone:  403.266.9026
Fax:  403.266.9034
[email-masked]

 - 40L301!.DOC