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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (5212)	11/26/2001 3:56:08 PM
From: excardog	Respond to of 206352

kb- My opinion is if DYN walks away the market will react at least in the short term positively. It appears the market is telling us that DYN is going to pull away due to the recent collapse in ENE to far below the merger offer. Funny thing is although jimp points out that ENE doesn't have a lot of hard assets they do in fact have some very desirable stuff most of which I imagine are their pipelines. Up here they own the largest utility in Portland, PGE which just was allowed to raise rates 30% effective Oct.1 Guess what I'm trying to point out is they do have stuff scattered all over the place. Whether or not this stuff adds up to present stock price minus debt remains to be seen. I'm going to keep a small amount of ENE in my account just so I can be privy to all the documents should they go BK. What a mess. I really feel sorry for the employees and their families. Scott