Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Softechie who wrote (1021)	12/2/2001 9:38:20 PM
From: Smart_Money	Read Replies (1) \| Respond to of 1433

Enron was a good company with BAD management. One analyst was asking the right questions and management got so upset and said "move on to the next call". That surely was one clue they were not honest with investors.

To: Softechie who wrote (1021)	12/2/2001 11:34:25 PM
From: Smart_Money	Respond to of 1433

"Enron's suit didn't ask the court to force Dynegy to buy it. It did ask the court to bar Dynegy from buying its Northern Natural pipeline, however, and so set the stage for what could be a huge legal battle over one of Enron's most prized assets. In return for an equity investment of $1.5 billion, Enron gave Dynegy an option to buy the pipeline if Dynegy ``properly'' terminated the merger agreement. However, Enron claims that since Dynegy wrongfully terminated the merger pact, it has no right to the pipeline." biz.yahoo.com What a joke. Is Enron saying the 1.5 billion was an equity investment. I bet you Chevron President fell out of his chair. Another fine example that Enron is not to be trusted, if management is gone shareholder might have a fighting chance.