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To: Thomas M. who wrote (9623)2/7/2002 1:56:43 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 17683
 
too light 6-12 months ago...too heavy after the fact and the ship sunk....no give backs for investors...what good is excess news coverage now? Except for taking coverage from reality and the now? What are you gonna do sue CNBC for every guest and positive comment CNBC employees made about the company? What you think they are covering their butts now?



To: Thomas M. who wrote (9623)2/7/2002 2:19:53 PM
From: Gamma Positive  Read Replies (1) | Respond to of 17683
 
If employees weren't so greedy as to have all their retirement tied up in the stock of the company they worked for, even a 60 day lockup should not have hurt them. They were greedy and stupid and I have no sympathy for them.



To: Thomas M. who wrote (9623)2/14/2002 12:36:48 PM
From: Gamma Positive  Respond to of 17683
 
"I can imagine how hard it must have been for loyal employees to even think of selling Enron stock in their 401(k) plans. Despite what you’ve heard, people who had most or all of their Enron 401(k) in company stock could have sold most of it at any time. The company wouldn’t let you sell the stock it contributed to your account until you were 50 years old. (It waived that rule with the stock at 26 cents. Thanks, guys.) But you could always sell the stock you had bought with your own contributions. Employees complain about not having been able to sell for a few weeks during the fall. But by the time that “blackout” started, the stock was $12, down 85 percent for the year. It was $9 when the blackout ended. Now it’s about zero. The blackout’s not the problem. Human nature’s the problem. It’s natural to think that what had been a great stock will be great again."

Excerpted from msnbc.com