Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	11/28/2001 11:55:51 AM
From: sylvester80	of 99280

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

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