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Gold/Mining/Energy : Enron - Natural Gas Industry

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To: buffaloha who wrote (1065)12/5/2001 10:28:49 AM
From: Robert Graham  Read Replies (1) of 1433
 
Please take the following as constructive and not meant to invalidate your "fire sale" investment in Enron.

You know how many times in the past I have seen others do just as you are doing and lose? Based on my experience, a turnaround at this point is almost nonexistent. I give you better odds at a gambling casino playing the slot machines. If this was a bank, or a large automobile manufacturer, or a energy utility, then I would agree with you. But this is an energy dealer. A related but different and more "fluid" sort of animal.

Where are the "big boys" in this picture that you talk about? If I were standing in your shoes, the only big boy I would be interested in would be the U.S. Government.

Just some thoughts on the subject. :-)

Bob Graham
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