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Strategies & Market Trends : Classic TA Workplace

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To: Haim R. Branisteanu who wrote (20537)	11/10/2001 11:13:50 AM
From: Stephen	Read Replies (2) of 209892

Haim, I was half listening to CNBC Friday ... and I thought someone suggested that the main reason DYN might be buying ENE was that they would otherwise likely have counterparty default by ENE on some derivative contracts .... which would be devastating given the nominal value these leveraged contracts show and the damage they can do if they have to be brought on balance sheet. My take is that DYN could go under .. but they bought some time to try and come up with a solution. I was on the Playstation with my 5 -y-o at the time ... so someone please correct me if I'm wrong !! Regards Stephen

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