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

To: Raymond Duray who wrote (282)	10/26/2001 11:41:43 AM
From: mact	Read Replies (2) \| Respond to of 1433

hi raymond, i do not own any shares in this company ...yet...call me stupid, but im looking past the current problems...all the things you have mentioned has already been priced into the stock imo...in 2-3 yrs, i will be up big on this trade...im not a momentum trader...i plan on keeping this for awhile...i am not expecting billion dollar writeoffs in the future and bottom line, they do have a very solid business that makes alot of money...also, whats the worst that can happen, the stock goes to 7-8 dollar range...well, ive lived through much worse than that in the past yr...when the price settles, im still buying...even 1 yr from now, i bet the stock will be in the 20's...seems in most cases, being the contrarian works out well...why do analysts tell you to buy when a stock is 400% in 3 months?...then tell you to sell when a stock is down 90%?...just remember one thing, analysts are like dumb sheep...apologies to all analysts across the world....:)...jmo though. mact