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Gold/Mining/Energy : Enron - Natural Gas Industry -- Ignore unavailable to you. Want to Upgrade?

To: rupers who wrote (280)	10/25/2001 11:50:23 PM
From: mact	Read Replies (1) \| Respond to of 1433

hhmm...call me crazy, but i think it is time to buy into ENE...as soon as the price stabilizes anyway...there is clearly panic in the streets regarding this company and that is usually a great time to buy... there has been so much bad news about this company and this WILL eventually have to stop...the fund managers have dumped their shares given the huge volumes i've seen traded recently, so even if the smaller investors want to finally get out(which in my opinion is much too late), they will not sink this stock very sharply...bottom line, ENE is still the king in this sector and they will not go away anytime soon(although some feel they will file for chapter 11 soon---i doubt it)...there energy and gas business is still very strong...in 2 yrs, i will be very happy(even if price drops below 10/share within the next few wks)...the time to accumulate good companies is near the bottom(said near, not AT!), not the top. mact