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Strategies & Market Trends : Z PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: hui zhou who wrote (6858)12/3/2001 10:55:08 PM
From: Larry S.  Respond to of 11568
 
I still wouldn't touch it. ENE has huge debt load - 31 billion i think i read "Enron's (ENE: news, chart, profile) bankruptcy filing was the biggest in U.S. history. It has listed assets of $49.8 billion and debts of $31.8 billion. " - but the value of the assets are shrinking fast. and ENE may have much more exposure as its side of the hedges unravel because of lack of confidence. then again, at 30 cents, the downside risk is, shall we say, limited. larry



To: hui zhou who wrote (6858)12/4/2001 12:14:21 PM
From: Larry S.  Respond to of 11568
 
ENE - only a double so far today -hope you didn't listen to me. ggg. real crapshoot. but there just might be some value once this is straightened out. larry


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