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Gold/Mining/Energy : Enron - Natural Gas Industry

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To: buffaloha who wrote (1293)1/15/2002 11:25:42 AM
From: CJ  Read Replies (1) 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,....>>

Just here for a min; but, I agree with you. I see this as potentially very good for Enron; actually far better than cash "upfront." Depending on how much of its previous trading it gets back, plus any new; and, the other assets sales that are taking place worldwide, the 33% of profits could satisfy the remaining debts, and return the Co. to the "cash cow" you suggested.

Thanks for your post, Buffahola, and to others for the prior ones. Will be interesting, indeed!

Regards,
Carol
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