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Gold/Mining/Energy : Enron - Natural Gas Industry
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To: jjs_ynot who wrote (1292)1/14/2002 6:55:09 PM
From: buffaloha  Read Replies (3) of 1433
 
Well, 33% of profits, and...

...possibility of buyout or 45% after 5 years is something. On a business that generated revenues over $100 Billion, that will be some profit without any of the cost/work. It certainly is more than what they are getting now, except, ENE does keep 100% of existing contracts (ie profits).

ENE may emerge from bankruptcy as a cash cow. Who knows...should be interesting!
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