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

To: sea_biscuit who wrote (896)	11/28/2001 10:09:02 PM
From: Softechie	Read Replies (1) \| Respond to of 1433

At least GX didn't trip any debt covenants. They managed that crisis well. Phew I've got lucky with that one. As for Enron, I don't know who would step in with $20B to pay for the debts that are called in. I've taken my lump on this one and it's a small one comparing to many employees pension fund. Keep this in mind that this company is no dotcom so the expectation for startup riskiness is not there. This fiasco will shake up investors confidence big time especially the conservative ones.

To: sea_biscuit who wrote (896)	11/28/2001 10:10:04 PM
From: Raymond Duray	Respond to of 1433

Hi Dipy, Re: But I don't know if GX guys indulged in financial legerdemain Sans doubte! Just review Winnick's private investment company and its put manuevers last summer as the stock plunged. <g> -R.

To: sea_biscuit who wrote (896)	11/28/2001 10:29:34 PM
From: Marty Rubin	Read Replies (1) \| Respond to of 1433

Dipy: GX/AX are in good company. They have friends in high places (everyone's daddy). As to E*, well, coming from California, I'll rather not elaborate.... I suggest you bail @ open, assuming it's at the same range you bought it. with close to 350M shares traded, you have to assume most index funds have already bailed, but it nevertheless increases the risk. best luck to you. Marty __ PS Have you seen stock certificates in the past (http://www.scripophily.net )? Is every company's certificate unique --does the broker print them themselves or do they ask the company/transfer agent to prepare them for the investor/collector?