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Gold/Mining/Energy : Enron - Natural Gas Industry

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To: Marty Rubin who wrote (926)11/29/2001 3:52:15 PM
From: Bob Rudd   of 1433
 
Enron Corp. (ENE / NYSE) Smith Barney Shearson
Suspending earnings estimates following downgrades of Enron's debt to non-investment grade status by S&P, Moody's and Fitch today. Enron is obligated to pay $3.9 billion debt, which largely shuts down their trading desk. Target $0.25, equity value of zero.
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