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

To: buffaloha who wrote (1061)	12/3/2001 6:30:02 PM
From: AV8R	Read Replies (2) \| Respond to of 1433

DYN better hope that ENE doesn't emerge from Chapter 11. If they do, their goal will be to bury DYN.

To: buffaloha who wrote (1061)	12/3/2001 6:40:09 PM
From: marginmike	Respond to of 1433

Are you some type of warped ex-ENE employee? This company was led and managed by crooks, why would you believe whole hartedly their assertions of the DYN deal? Frankly the ENE was a great deal for DYN to do, why would they not want to close it? There is no common sense in your analysis. They could have renegotiated and bought it for 4 a share. There was obviously something that spooked them. Your commentary about DYN a well run company, with an HONEST management is unfounded and baseless as well as quite bias. If you have two witness's and one is a lying, crook and the other an honest ciyezen why would you believe the liar? Unless you work for him?

To: buffaloha who wrote (1061)	12/3/2001 7:43:58 PM
From: Jaknik2	Respond to of 1433

Yepper, Old Chucky defied a midwestern rule: "Pigs get fat, hogs go to slaughter." DYN messed up by thinking they could screw over the likes of J.P. Morgan, Citibank et al. Sorry boyzz, you just dont do that. DYN will pay! Jak

To: buffaloha who wrote (1061)	12/3/2001 9:37:15 PM
From: Smart_Money	Respond to of 1433

Don't get too fired up buffaloha! The DIP basically wiped out any and all equity that may have been available to the shareholders. JPM and C took a lien subordinate to DYN on the pipelines. Frankly, I'am surprised ENE had the authority to enter into additional debt for the pipeline. So, if anything DYN lien position is becoming stronger giving the timetable of positions. JPM and C did learn one thing from the DYN deal is not to give it all to ENE at one time. I can just see DYN and CVX face when they gave 1.5 billion cash to ENE and found out days later they did not pay their basic bills. That in itself could be a material adverse effect, at least if it was my money it would be, LOL. Basically ENE is a BB stock that happens to trade on the NYSE. I am surprised NYSE is tolerating trading ENE in its present condition.