The California Energy Crisis - Information & Forum Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The California Energy Crisis - Information & Forum

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: portage who wrote (1052)	11/28/2001 4:24:49 PM
From: Sam	of 1715

Trading stops on Enron's EnronOnline system Wednesday November 28, 11:47 am Eastern Time NEW YORK, Nov 28 (Reuters) - Enron Corp's (NYSE:ENE - news) Internet-based energy and metals trading system EnronOnline was shut Wednesday, shortly after Standard & Poor's cut the financially troubled company's credit rating to ``junk'' status, energy traders said. ``We were watching the board and suddenly it went blank,'' said one Northeast natural gas trader. EnronOnline until recently accounted for about 60 percent of the daily trade volume handled by Enron. Enron shares were halted on the New York Stock Exchange Wednesday following the credit rating downgrade. After the stock re-opened, it dropped $2.84 to $1.30 on the New York Stock Exchange. Enron shares closed Tuesday at $4.14. biz.yahoo.com What a wonderful example of capitalism at its best. Let's all make sure that we gallop into the wonderful world of fully deregulated energy, and put ourselves at the mercy of the Ken Lays of the world. Sam

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next