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	W'IJdW Delainey
	Li    -   11/1012000 01:48 PM

	To:
	cc:
	Subject:

	       Tim Beldenhl-IOU/ECT@ECT
	       John J LavoratolCorp(Enron§Enron
	       2001 PIart

	Tim, lets riot worry abput margin -at this point -. we are trying to get a handib on headcount and direct
	expenses/capital, charge first: You will have your day in court to discuss margin soon.      -

	Regards
	Delalney
	--------------Forwarded by David W Delainey/HOU/ECT on 11/1012000 12:46 PM------------------------ 

From: Tim Belden

11/10/2000 12:32 -PM

To:  -
cc:
Subject: 2001 Plan

David W Delainey/l-iOU/ECT~ECT

	      Forwarded -by Tim: Belden/HQU/ECT on 11/10/2000 09:34 AM -------------
From:   Tim Selden on 11110/2000 10:31 AM

To:
cc:
Subject: 2001 Plan

John J LavoratofCorp/Enron, Dave D6lainey

	I received the 2001 plan that Dave sent up here. - Chris and I talked and are working through all at the
	questions that Dave had. I noticed that the gross margin plan for west power trading was $170 million.
	When you were here I talked about $100 million total and th&~ you talked me Lip to $120 mfllion total with
	$100 from the trading efforts and $20 tram middle market/services.-. Why the change from $120 to $170?
	Perhaps it was a typo?7??? White I intend -to make as rhuch money as I possibly- can next year, the $170
	number seemed high. Particularly given th&tegulatory freak showthat is going down in California right
	now.


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