Enron - Natural Gas Industry Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Enron - Natural Gas Industry

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Raymond Duray who wrote (1066)	12/3/2001 7:31:38 PM
From: buffaloha	Read Replies (1) of 1433

Isn't Fitch... <p> ...one of those bonders who may have hedged by going ENE short? Seems they have an interest in having this price tank cause even if it goes to zero, they supposedly do not recover all losses, but most. The bonds are junk. It is in the news somewhere. I'd look at how the market reacts to a reemerging ENE with solid DIP financing in place, divestiture of non-core assets and ability to secure short term credit to continue transacting business. BR protections should provide a level of comfort to those who do continue to work with ENE. Also, it is now the bank's vested interest to try to revive ENE to recoup their losses. It is doable. Sure there is risk, that is what makes the potential reward so high. The real unknown is the bidding war going on right now behind the scenes by at least three players vying to buy out ENE...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next