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

To: mact who wrote (347)	11/1/2001 11:18:55 PM
From: quasi-geezer	Respond to of 1433

<<only difference here is that they got caught>> not only that, they are farking dumb !!!

To: mact who wrote (347)	11/2/2001 2:29:54 AM
From: Raymond Duray	Read Replies (1) \| Respond to of 1433

mact, You on the sell side? Your comments don't seem to reflect much reality. I expect this from wire house analysts, but not honest retail patzers on community threads. What's yer angle? Is the corruption of a few corporate chieftains to be celebrated? That seems a shameful way to think. And a reason to understand why Bin Laden hates us. -R.

To: mact who wrote (347)	11/2/2001 6:45:43 AM
From: Softechie	Read Replies (1) \| Respond to of 1433

From looking further into this company I now have $7 target for it. Pretty sad.

To: mact who wrote (347)	11/2/2001 7:35:59 AM
From: James Calladine	Respond to of 1433

THE GOVERNMENT WILL NOT LET IT FAIL.... That's normally a reasonable assumption in cases like this. The SEC could end up with a lot of egg on its face, and governments are a little sensitive to that... HOWEVER, even when you have a lot of friends in high places, whether you get backed up 100% and finessed out of your difficulties so you can return to the category of HUGE patron once again in the future, OR: if what you have done is so transparently CROOKED, (once understood) that any association with you is tainting to the government (and its leaders), then you can count on the fact that everybody will be looked after in the bailout BUT you. And I wouldn't assume that the common shareholders of ENE will be considered innocent parties who have to be looked after. From a precedent standpoint, what would that require in the future? I am not saying that no money could be made in this situation. But whether to buy in at $10 or $7 or $5 or $1 or .50 is the issue. It depends on how much downside risk aversion you have. If you buy 100 shares @ $10 and are prepared to lose it all, so be it. But are you prepared to buy 50k shares @ $10? If I had it available (I don't), I wouldn't. Just a personal opinion, of course. Namaste! Jim