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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (8938)11/28/2001 4:23:13 PM
From: Softechie  Respond to of 99280
 
Good point. Could have domino effect into other sectors.



To: sylvester80 who wrote (8938)11/28/2001 4:24:22 PM
From: bob  Respond to of 99280
 
Here is how they figure two of the Banks.http://dailynews.yahoo.com/h/nm/20011128/bs/utilities_enron_banks_stocks_dc_1.html



To: sylvester80 who wrote (8938)11/28/2001 6:11:00 PM
From: DlphcOracl  Read Replies (1) | Respond to of 99280
 
I think C and JPM will be under pressure since they have quite a bit of debt tied up in ENE. My guess is that other energy traders (EPG, DUK, DYN, etc.) will also be under pressure in the very ST because the entire sector has been clouded by the ENE debacle. LT, however, energy trading is an idea whose time has come and ENE's competitors will prosper in the intermediate and LT as they absorb the business that was ENE's.


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