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

To: jjs_ynot who wrote (1166)	12/7/2001 2:40:00 PM
From: Robert Graham	Respond to of 1433

Thank you for your reply. Your comments gave me more information that I originally had. I forgot about the trading systems Enron supports, and Enron acting as a trusted agent for other companies in this regard. I came in on this Enron disaster when my mother came to me for help. She told me about Enron and how the stock had already sold off. Next she told me that she owned a preferred issue and ddid not know if she should sell or what she should do. This lead to some interesting moments. So at this point, I am playing "catch up" after the fact. Bob Graham

To: jjs_ynot who wrote (1166)	12/7/2001 9:08:12 PM
From: Robert Graham	Read Replies (1) \| Respond to of 1433

A related thought just has occurred to me. I bet some companies are being very forward with their exposure to the Enron debacle, perhaps even exaggerating their potential losses. This would be a good way to write off losses on the books in the current quarter. Here they have a well publicized and understandable reason that no one will blame them for. The attention now is on Enron. Besides covering unusual and substantial costs that can show up as losses, this also can be used by them to substantially increase the book profits they will report in the next quarter. Just a thought of mine. Frequently my thinking leans toward considering the diabolical. LOL And what comes as a surprise is that many times I find myself not far from the truth when I think this way. LOL Bob Graham