Chip, Yes ENE has BroadBand Capacity of their own, but they also have set up a major broadband trading exchange where they are the market maker for clients such as WCOM, GBLX, Q WCG, etc.
The big run in the stock from 40 to 70 in Dec was when they did the big road shows for analysts outlining their Broadband trading exchange.
They run a similar global exchange for energy products, and are a leader in these type of areas. They have about 5 different significant business components and they are a stock that is really worth reading up on.
I saw the CEO give a presentation in Jan and saw the CFO give another presentation in Feb.
John
Enron Corp.
1400 Smith St.
Houston, TX 77002
Phone: 713-853-6161
Fax: 713-853-3129
Enron is "en route" to the top of the energy industry. The #1 buyer and seller of natural gas and the top wholesale power marketer in the US, the company also markets and trades energy commodities in Australia, Europe, and Latin America. Enron's power portfolio consists of merchant plants in the US and interests in energy facilities around the world. It has a North American pipeline system that spans 32,000 miles. Enron services include energy consulting and construction and engineering. It is also in the water business through 69%-owned Azurix, and its communications arm is building a national fiber-optic network. It is selling its Oregon utility, Portland General Electric, which serves 700,000 customers.
enron.com
Top Competitors: Duke Energy | Dynegy | Southern Company |
