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Gold/Mining/Energy : EATON'S IPO (JUNE 2ND)
ETN 322.28-0.4%Dec 26 3:59 PM EST

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To: Serge Collins who wrote (47)8/16/1999 11:59:00 PM
From: thomas gentry   of 68
 
"Where is everyone?"

Serge, I asked the same question back in January on the Motley Fool's boards. ETN's was trading at $6.50 or so and looked like a perfect short candidate. I followed it down to $3 but there was virtually no poster interest.

It struck me as odd at the time that a 130-year old Canadian icon was dying and, quite frankly, nobody cared. A tragic example of reaping what you sow, I'm afraid. It was clearly the result of a management, operations, marketing and financial team that variously smacked of incompetence, opportunism and corruption. Timothy must be rolling in his grave tonight.

Let's hope that CA can put their 90 day reprieve to more constructive use that ETN's made of their 450 day IPO.

Thomas
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