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To: E. T. who wrote (216910)	1/10/2002 10:20:33 PM
From: Thomas A Watson	Respond to of 769670

Dearest e.t. the factless. Kenneth Lay sold in one traction 124,596 shares on 29 Oct 01 for 1.15 million buck. But Ken Lay bought 68,620 shares of ENE for 1.479 million bucks on August. Ken Lay now owns 2766996 shares common and in trust another 118876 shares. By the way the shares sold mentioned about were CPQ, Compaq and not ENE LOL. Interesting facts. biz.yahoo.com tom watson tosiwmee

To: E. T. who wrote (216910)	1/11/2002 2:36:33 PM
From: Dr. Doktor	Respond to of 769670

"Herr Doktor, Ihear on CNN that certain executives exited their stock positions while employees were unable to do so." My point is that this happens all the time with insider trading and the NYT is stupid to imply anything is wrong with that. Insiders have lock out periods imposed on them by the SEC to prevent illegal activity. Maybe the execs were outside of their lockout window and could therefore legally sell their shares and the employees were not. Obviously needs investigation. I'm not saying that they didn't break the law but the fact that they were able to sell their shares and other employees were not is standard practice in publicly traded companies and it happens all the time. Go to SEC/NASD site and read the laws regarding insider trading. DOC