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


To: Bob Rudd who wrote (641)11/26/2001 10:56:48 AM
From: GREENLAW4-7  Read Replies (2) | Respond to of 1433
 
QUESTION FOR BOARD; regarding ENE and posible chapter 11. When Pacific Gas filed for chapter 11, it was trading at 5-6 dollars, after they filed and time has passed she is presently at $18.00 while in chapter 11.
Based on the amount of shareholders ENE has, is it a possability that shareholders don't get wiped out?
I am looking for an answer please?



To: Bob Rudd who wrote (641)11/26/2001 12:33:36 PM
From: Brasco One  Read Replies (1) | Respond to of 1433
 
the whole float is sitting on the ask



To: Bob Rudd who wrote (641)11/26/2001 8:53:47 PM
From: Jon Khymn  Read Replies (1) | Respond to of 1433
 
They hugged the tar baby
LoL Bob, that was a good one.

Watered down today to match your nibble basis.
I know it's a poison pill, but decide to take one more <G>
I'm playing this one like option; it won't expire on me at least or will it?. Even if it BK, there should be some value left...

Still estimating ENE to get 7 or 8, and I'll be a happy camper at 6.

This is what I am dreaming right now :

The big boys will let the price move up to around 5s, then announce the deal at 7.50, a nice premium and every one is happy.

"The Tar Baby and the rabbit lived happily ever after..."