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Gold/Mining/Energy : Enron - Natural Gas Industry
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To: GREENLAW4-7 who wrote (973)11/30/2001 9:56:49 AM
From: Bob Rudd   of 1433
 
<<Why so much chapter 11 talk?>>Because everyone, including Enron, recagnizes that it's inevitable. The downgrades caused huge amounts of debt to come due immediately
<<Sixth, ENE still has 40-60 BILLION is assets, why not sell some at .50 on the dollat, get some extensions on notes, and restructure company FROM WITHIN!!>>Since any major asset sales within 90 days prior to filing could be overridded by subsequent bankruptcy.
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