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Gold/Mining/Energy : Enron - Natural Gas Industry
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To: Raymond Duray who wrote (638)11/25/2001 2:07:57 AM
From: Jon Khymn  Read Replies (2) of 1433
 
Been following ENE since 14s. Finally got in.
Tempted to get some at 10, at 7, missed them all.
Still risky but at 4s (4.6), thought the risk vs. reward was better than 60%.

Most likely, ENE will fetch around 7.
No matter how you slice it, at 7, ENE is dirt cheap.
ENE will be picked up by someone, if not by DYN.

BK? not likely. Unless DYN finds hidden huge amount of liability, DYN probably wants to close the deal. If anything, they'll want ENE at cheaper price around at 7-8 rather than at 10.
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