SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (136490)11/30/2001 11:43:03 AM
From: TheStockFairy  Respond to of 436258
 
Hmmm.. it's probably been done but I wonder if you could sell a portion of a company on EBay to shareholders. Hmmm wonder if that's legal.

I have a company, no product, no service, but with $1mm in financing I'm sure I could think of something to do with my day. Maybe open up Dairy Queens.



To: Tommaso who wrote (136490)11/30/2001 12:48:27 PM
From: Real Man  Read Replies (3) | Respond to of 436258
 
Cancelled my 0.25 crap shoot ENE order. LOL! It might still bounce -
Chapter 11 announcement on Monday.

LONDON, Nov 30 (Reuters) - Shipping's worldwide exposure to the
fall of Enron (NYSE:ENE - news) is about $100 million and many
companies could be pushed to the brink of bankruptcy, Enron shipping
director Pierre Aury said on Friday.

``Many shipping companies will go bust because we can't fulfil our obligations,'' Aury told Reuters,
who estimated that Enron's paper trades comprised 50 percent of the entire freight derivatives market.

He estimated shipping's global exposure to Enron at ``close to $100 million. More than $8 million of
that is to one counterparty and about ten (debts) are for $5 million each,'' he said.