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To: E. T. who wrote (220890)	1/22/2002 12:58:48 PM
From: Thomas A Watson	Respond to of 769670

Dear, e.t. It is good of you to post proof that Mr. Lay was not dumping stock. Mr. Lay was forced to sell to pay debt. So his selling of options to buy stock and use some profit was to pay debts. His net change in stock ownership was only three percent. Clearly Mr Lay did not see the collapse of ENE. Just like mr bill missed the DNA on the blue dress. Some make the stupidest that ever was bet and become losers. I got kick out of FLOYD NORRIS whining about well ENRON could have used the cash to pay whatever... duhhhhh When someone is given an option as compensation, that's the way business works. Only a financial retard would make such an argument. The NYT has many retards with some agenda. Now back to watching SGI. Will SGI report -7 cents today beating -14. Will the best my estimate of -7 cents. Only the shadow knows. tom watson tosiwmee