Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: puborectalis who wrote (12924)	12/13/2001 7:02:43 AM
From: puborectalis	Read Replies (1) of 99280

Analysis by critic proves noteworthy Associated Press A Houston-based analyst who said last June that Enron Corp.'s assets were mostly on paper and the company was notoriously secretive about how it made money learned quickly that his comments drew Enron's ire. John Olson, a securities analyst with Sanders Morris Harris in Houston, said soon after his comments were published in a magazine, he received via courier a note from Kenneth Lay, Enron's chairman and chief executive, that said: "John Olson has been wrong about Enron for over 10 years and he is still wrong. But he is consistent." Olson told more than 300 people packed into the Petroleum Club in downtown Houston on Wednesday that he framed the note. "It's almost biblical," Olson said. "It's going to be a corporate morality tale with good and evil." Return to top

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