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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (21293)	1/11/2002 7:05:18 PM
From: Softechie	Respond to of 99280

NYSE To Continue Enron Halt Pending More Info On Sale 11 Jan 18:13 NEW YORK -(Dow Jones)- The New York Stock Exchange will continue the trading halt of Enron Corp. (ENE), pending further information on the terms of the proposed sale of the company's North American wholesale electricity and natural gas trading operations to UBS Warburg AG (U.UBS). UBS agreed on Friday to buy the assets for what Enron called the "highest and best offer for creditors, shareholders and employees." In a press release Friday, the NYSE said it continues to review Enron's listing status in light of all recent events, including the fact that the company has fallen below continued listing requirements relating to average closing price less than $1 over a consecutive 30-day trading period. The NYSE didn't open trading Friday on Enron's common stock and related securities pending the company's news release and further evaluation. Enron said Friday it will post definitive documents related to the UBS sale on its Web site and the Web site for the bankruptcy court by 8:30 a.m. EST Monday. The embattled energy company's shares last traded at 68 cents. The 52-week high, reached Jan. 24, is $64.64, and the 52-week low, set Nov. 30, is 25 cents. Company Web site: enron.com Bankruptcy court Web site: nysb.uscourts.gov -Susan Willetts; Dow Jones Newswires; 201-938-5388 (This story was originally published by Dow Jones Newswires) Copyright (c) 2002 Dow Jones & Company, Inc. All Rights Reserved

To: Softechie who wrote (21293)	1/11/2002 7:14:58 PM
From: sylvester80	Read Replies (2) \| Respond to of 99280

I don't buy anything they say anymore. This is going to lead very high up. It will expose everything that's corrupt about our system. It will expose the haves from the have nots. To the ones that use greed and power to accomplish their goals, to the little people like J6P who lose everything and always end up paying for the big criminals greed. This smells to high heaven and goes to the top. The issue will be... do they have the guts to see this through? We'll see. IMO this can be as bad as to shake the foundation to our corrupt economic system. Arthur Anderson destroying documents my foot. Bunch of criminals...