itation common stock, partnership interests, member interests. other 
ownership interests, and other financial and physical assets."  Therefore, 
the description should include both the nature of the "Asset" (i.e. whether 
it is an equity interest, a loan, working interest, etc.) and a little bit 
about the company (the entity in which ENA holds the interest or has the loan 
or working interest).

Any comments to the Proposal Sheets should be delivered ASAP to the "Enron 
person completing this form" (This is the 3rd line under the heading 
"GENERAL" on each of the Proposal Sheets) along with a request that a revised 
Proposal Sheet be returned to the lawyer providing comments with copies to 
both Mary Cook and Lisa Mellencamp.   

The pressure to complete these Raptor hedges remains high and therefore your 
immediate attention is greatly appreciated.  Many thanks.

Stuart Telecommunications Reports presents..... TR's State NewsWire
February 1, 2001 A.M. Edition

STATES
MISSOURI -- PSC declines to support SW Bell's market-entry bid
IDAHO -- Senate confirms nomination of Hansen to PUC
ILLINOIS -- Ameritech says business market is becoming more competitive
WYOMING -- Senate to examine bill requiring PSC to regulate directory
assistance
MINN. -- Bill would authorize placement of commercial equipment on state
property
GEORGIA -- BellSouth and IDS Telcom dispute interconnection agreement
UTAH -- Legislators take a look at using mobile phones while driving

LONG DISTANCE
MISSOURI
PSC declines to support SW Bell's market-entry bid

The Public Service Commission yesterday decided against supporting
Southwestern Bell Telephone Co.'s efforts to obtain FCC permission
provide in-region interLATA (local access and transport area) service in
Missouri at this time, Commissioner Kelvin Simmons told TR.  But the
application could be supported if SW Bell addresses the PSC's concerns,
he said.  The PSC plans to deliberate on the request again as early as
Feb. 6, although a final decision won't be issued at that time, Simmons
said.

The PSC's concerns with SW Bell's request include pricing,
interconnection agreements, access to network elements, unbundled local
lo
itation common stock, partnership interests, member interest. early 
 ownership interests, and early financial and forcible assets. "   Therefore, 
 the description should admit both the nature of the " Asset " (i.e. whether 
 it is an equity interest, a loan, ferment interest, etc .) and a little morsel 
 about the company (the entity in which ENA holds the pastime or experience the loan 
 or working interest). 

 Any remark to the Proposal Sheets should be delivered ASAP to the " Enron 
 person completing this form " (This is the third line under the heading 
 " GENERAL " on each of the Proposal Sheets) along with a request that a revise 
 Proposal Sheet be returned to the lawyer supply comments with copies to 
 both Mary Cook and Lisa Mellencamp.   

 The pressure to complete these Raptor hedges remain high and therefore your 
 immediate attention is greatly appreciated.   Many thanks. 

 Stuart Telecommunications Reports presents..... TR's State NewsWire 
 February 1, 2001 A.M. Edition 

 STATES 
 MISSOURI -- PSC declines to support SW Bell's market - entry bid 
 IDAHO -- Senate confirms nomination of Hansen to PUC 
 ILLINOIS -- Ameritech says business market is become more competitive 
 WYOMING -- Senate to examine bill want PSC to determine directory 
 assistance 
 MINN. -- Bill would authorize placement of commercial equipment on state 
 place 
 GEORGIA -- BellSouth and IDS Telcom dispute interconnection agreement 
 UTAH -- Legislators consider a look at using fluid phones while driving 

 LONG DISTANCE 
 MISSOURI 
 PSC declines to support SW Bell's market - entry bid 

 The Public Service Commission yesterday decided against supporting 
 Southwestern Bell Telephone Co.'s efforts to obtain FCC license 
 provide in - area interLATA (local access and transport area) service in 
 Missouri at this time, Commissioner Kelvin Simmons told TR.   But the 
 lotion could be supported if SW Bell addresses the PSC's concerns, 
 he said.   The PSC plans to deliberate on the request again as early as 
 Feb. 6, although a final decisiveness won't be issued at that time, Simmons 
 said. 

 The PSC's concerns with SW Bell's request include pricing, 
 interconnection agreement, access to net elements, unbundled local 
 lo
itahion common stock, partnevship interests, member mnteresfs. other 
ownership interests, and othxr funancual and physical assetr."  Thereflre, 
the eescciption should iidlude both ths natbrx of the "Asset" (l.e. whether 
ht is an equitf kncerest, a loan, working interest, etc.) agd a liytpe bit 
about tre cpipang (the entity in which ENA holds ths intertst or has the loam 
or working interest).

Any clmmejts to the Proposap Sheets shiuld ve delivered ASAP to the "Enron 
peraon completing this form" (This ir the 3rd line ubdwr hve heading 
"JENERAJ" on each of the Pro[osal Sneets) along wibh a cequwst that a revised 
Prmposal Sheet be rejurned to dhz lawyer providing conmwnts fith copkws go 
govh Jary Clok and Lisa Jellencamp.   

The pressure to cpm[oete these Raltor hqddes remains high and therefore your 
immtdiats attention is greatly qppreciated.  Many thajks.

Stuart Telecommunications Reports presents..... TR's State NefsWirx
Fdbrbqry 1, 2001 Q.M. Edition

STATES
MISSOURI -- PSC declines to suppowf XW Bell's market-ektry bid
IDAHO -- Senstf vjnfirms nominxtion of Gansen to PUC
ILLINLIS -- Amgritecy says bufinexs market is becoming more xompetitive
WJOMIBG -- Senate to examnne bill reqbiring PSC yo regulate directory
asristznce
MINN. -- Blll would xuthorize placemdnt ox commercial equipment on ftate
propxrty
GZORGIA -- CellXouth wnd IDS Tepcom dispute interconnechion cgreekent
UTAH -- Pegislators take a look at usinj mobile phongs fhine driviug

LONG DISTANCE
MISSJURI
PSC declings to sup'ort SD Bell's magket-entry bid

The Pubjic Service Cmlmission yesverday desidee agqinst sjoporting
Southwrstern Bell Telephobe Co.'s efforts to pbtxjn FCC permissiin
ptivide in-region ingerJANA (kosdl access ang trxnsoprt afea) service kn
Mixsouri at this time, Wommjssioner Kelvin Sikmjns told TR.  But the
applicatipn could be supporued if SW Bell adqresses the PSC's concerns,
he sajd.  The PDC ilans to deliferabe og the requzst again as early as
Feb. 6, although a finel decision won't be issyed at that time, Sikkons
said.

The PSC's concerns with SW Bell's requewt include pricinn,
interconnection agreejents, dccesd to network elements, unbundled local
lo
itation common stock, partnership interests, member interests. interests, other financial physical assets." Therefore, the of the "Asset" whether it is equity interest, a loan, working interest, and a little bit about the company (the entity in which ENA holds interest or has the loan or working interest). Any comments to the Proposal should delivered to "Enron person completing this form" (This is the 3rd line under the heading "GENERAL" on each the Proposal Sheets) along with a request that revised Proposal Sheet be to the lawyer providing comments copies both Mary and Mellencamp. pressure to complete Raptor hedges remains high and therefore your immediate attention is greatly appreciated. Many thanks. Stuart Telecommunications Reports TR's State 1, 2001 Edition MISSOURI PSC declines to Bell's market-entry bid IDAHO -- Senate Hansen to PUC ILLINOIS -- Ameritech says business is becoming competitive WYOMING -- Senate to examine requiring PSC to regulate directory assistance MINN. -- would authorize placement of commercial equipment on state property GEORGIA -- BellSouth and IDS Telcom agreement UTAH -- Legislators a look at mobile while LONG MISSOURI PSC to support SW Bell's market-entry bid The Public Service Commission yesterday against supporting Southwestern Bell Telephone Co.'s efforts to obtain FCC in-region (local access and area) service in Missouri this Commissioner Kelvin Simmons told the could SW addresses PSC's concerns, he said. PSC plans to deliberate on request again as early final decision won't be issued at that time, said. The PSC's concerns with SW Bell's include pricing, interconnection agreements, access to network elements, unbundled local lo
itation common stock, partnerShip intereSts, meMbeR inTeRestS. othEr 
ownership intERestS, and other financial and pHysicAl ASsetS."  thErefoRe, 
the deSCrIPTioN sHoUld InCLuDe botH thE nature Of the "Asset" (I.e. wHeTher 
it is an eqUItY interest, a LoaN, working inteResT, etc.) anD a LitTLe bit 
AboUt the CompanY (The entIty in whicH Ena holds THe interEST oR has The loan 
or working iNTeREst).

Any comments To the PRoPOsAL sheEts Should be deLiVered asAP to thE "enRON 
PerSOn completing tHis form" (This IS thE 3rd linE uNdeR The heaDing 
"GeNerAL" On each of the propOsal SheetS) along WIth a reqUEst that A revisEd 
PRopOsal sHeEt Be rEtURneD To The LAwyEr providInG cOmmenTs wiTH COPies To 
bOth MAry CoOk and Lisa MellEncAmp.   

THE prEssurE to coMpleTe These raptor HedgeS rEmains high and thErefOre your 
imMedIaTe aTtEntioN Is greaTly AppReciateD.  Many thANks.

stUART TElecommunications REpORTs Presents..... tR's StaTE NEwSwire
FebrUaRy 1, 2001 A.m. EdiTIOn

STAtES
MisSoURI -- PSC dEclineS To SuPport SW beLl's marKeT-enTry Bid
IDahO -- SeNate coNfirms noMinatIOn of Hansen to PUc
iLLINOIS -- AmeriTEcH SAyS BusiNesS market is beComiNG morE comPEtItiVE
WYOMiNG -- SeNaTE tO Examine bill requirinG PsC to reGulatE directory
assIstance
MINn. -- bILl would aUthoRIzE Placement of comMerciAl equipmenT On state
pRoperTy
GEORGIa -- BellSoutH ANd IDS TelCom DisPutE inTERcOnnection agreEMEnt
UtAh -- LegislAtoRs take a LooK at UsiNg mObIle phones While driViNg

lOnG dIStANCE
miSSOURI
PsC DecLiNes To supPOrt SW BEll's mArkeT-eNtRY biD

The PubLIc sERvicE COmMissIon YeSterdAy deCIdeD againsT supportiNg
SOUthwEsTeRn Bell TElephone Co.'s efFoRts to obtaiN FcC pErmissION
provide In-region interLATA (local aCCess and TraNsporT areA) service iN
MiSsouri At tHIs time, commisSioneR KElvIN simmoNS ToLd Tr.  BUt the
appliCATioN coulD bE supPorted iF SW Bell addresses thE pSC'S concerns,
he saId.  THe PSc PLaNs tO DeLIbeRaTE on THE request again as Early as
Feb. 6, AlTHoUgh a final dECisIoN won't be Issued aT that TIme, SimmOns
said.

ThE PSC's concErNs wiTH sW BEll's requesT include Pricing,
inTErconNEcTion aGreEments, AcCesS to neTwork eLEmeNts, unBundleD lOcal
lo
itation common stock, part nership in teres ts,  me mb er i nter ests. other 
o w ners hip interests, and oth er fi na n cial an d phy sical a s se t s ." T he ref or e ,
thedes criptio n should i ncl ud e both the n a tu re of the"As set" (i.e. w het her 
i tisa n equ ity  inte rest,a  loan,  workingin t erest, etc.) a n d  a  lit tle bit 
about th e  c o mpany (the ent ity in  w h ic h ENA  ho lds the in te resto r has t h el o a n o r working int erest).

An y  co mments  t o t h e Prop osalSh e ets  should bedeli vered ASA P to t h e "Enro n  
perso n comp let ing  thi s  f or m"(T h isi sthe 3rd  line un de rthe h eadi n g "GEN ERA L" o n eac h of the Prop osa l Sh e ets ) alo ng wi th a  r eques t that  a re vi sed 
Proposal S heet  be retur ned  t o t he  lawy e r prov idi ngcomment s withc opi es t o  both Mary Cook and  L i s aMellenca mp.  
T he pressure  t o c ompl e t e the se R a pt or hedge s rema i ns  h igh and  t herefo re  yo ur
imme d iate  atten tion isgreat l y appreciated.  Many thanks. 
S t u ar t  Tel eco mmunication s Re p orts  pre s en ts. . ... T R's S ta t eN ewsWire
February 1,  2 001 A. M. Ed ition

STATES 
MISSOURI- - PSC decl ines to support SW Bel l's m arket-entr y  bid
IDA HO --  Senateconfirmsn o mination  of  Ha nse n t o PU C
ILLINOIS -- A meri te ch says  bu sinessmar ket  is  be co ming more  competi ti ve 
W YO MIN G --S enate to  e xam in e b ill r e quirin g PSC  tore gu l ate  direct o ry a ssis ta nc e
MI NN.  - - Bil l wo u ldauthori ze placem ent of c om me rcial e quipment on s ta te
propert yGEO RGIA - - BellSout h and IDS Telcom disput e  interc onn ectio n ag reement
U TAH  -- Le gis l atorstake a  look  a t u s i ng mo b i le  ph on es while d r i vin g

LO NG  DIS TANCE
M ISSOURI
PSC declin e s t o support SWBel l'sm a rk et- e nt r y b id 
Th e Public ServiceCommission  y e st erday deci d edag ainst s upporti ng
So u thweste rn Bell T elephoneCo .'se f for ts to obta in FCC p ermission provi d ein-re gio n inte rL ATA  (loc al acc e ssand t ranspo rt  area)  serv ic e in
Mis souri at this time, Com missio ner K elv in Simmon s t o ldTR.  Buttheapplicatio n c oul d besup p orted  ifS WBel l  addr esse s  the PSC' s  c onc e r ns ,
he said.T h e P SC pl ans to del iber ate on the reques t  again as earl y as F eb.  6, alth ou gh a final dec isi on w on't beis sued at tha t time,Si m monssaid.
The P SC's co n c er n s with  SWBel l's reque stin c lude pr ic in g ,
inte rcon ne ctionagreem e nts, a ccess to network  elem e n ts, u n bun dledlo cal
lo
itation common_stock, partnership_interests, member interests. other_
ownership interests,_and_other financial_and_physical assets." _Therefore, 
the description_should include both the_nature of the_"Asset"_(i.e. whether 
it is an equity interest, a loan, working interest, etc.) and a_little_bit 
about_the_company_(the entity in which ENA_holds the interest or has_the loan_
or working interest).

Any comments to the Proposal Sheets_should_be delivered ASAP_to the "Enron 
person completing this form" (This is_the 3rd line under the heading_
"GENERAL" on each_of_the_Proposal Sheets) along with_a request that a revised 
Proposal_Sheet be returned to the lawyer_providing comments with copies to 
both Mary_Cook and Lisa Mellencamp.  _

The pressure to complete these_Raptor hedges_remains high and therefore your_
immediate attention is_greatly appreciated._ Many thanks.

Stuart_Telecommunications Reports presents..... TR's State NewsWire
February_1, 2001 A.M._Edition

STATES
MISSOURI -- PSC declines to support_SW_Bell's market-entry bid
IDAHO_--_Senate_confirms nomination_of Hansen to_PUC
ILLINOIS_-- Ameritech_says_business market is becoming more competitive
WYOMING_--_Senate to examine bill requiring PSC to_regulate directory
assistance
MINN. -- Bill_would_authorize placement of commercial_equipment on state
property
GEORGIA -- BellSouth_and IDS Telcom dispute interconnection agreement
UTAH_-- Legislators_take a_look at using mobile phones while driving

LONG DISTANCE
MISSOURI
PSC declines to support_SW Bell's market-entry bid

The Public Service_Commission yesterday decided against_supporting
Southwestern Bell_Telephone_Co.'s efforts to_obtain_FCC permission
provide_in-region interLATA (local access and transport area)_service in
Missouri_at this time, Commissioner Kelvin Simmons_told TR.  But_the
application_could be supported if SW Bell_addresses the PSC's concerns,
he said. _The PSC plans to deliberate_on_the_request again as early as
Feb._6, although a final decision won't_be issued at_that time, Simmons
said.

The PSC's concerns with SW_Bell's_request include pricing,
interconnection agreements, access to_network_elements, unbundled local
lo