I have been an Enron stockholder for several years  and I am very disappointed with the events of the last two weeks.  I find  the allegations of accounting irregularities incredible.  I would like to  know how closely the board had been monitoring the activities of the CFO and  whether it approved the partnerships that have led to the SEC investigation and  the dramatic decline in the company's stock price.  I would suggest that  the compensation of senior management may be too heavily weighted towards  bonuses (giving some the incentive to manipulate the numbers to increase their  bonuses) and not heavily weighted enough towards stock options.  I would  hope in the future the goals of the board and senior management will be aligned  with stockholders (increasing shareholder value).  While I know it is not  reason to have expected the stock price to stay in the high 80s, I consider the  drop in the last two weeks (apparently as the result of fraud) to be  inexcusable.  I believe the board owes all stockholders an explanation that  will finally clear the air about this mess (maybe the markets will trust Enron  again if it replaces evasion with candor).  Please help return credibility  and ethics to this company, which apparently are badly needed.
 
Wayne Heilman
Owner of 1,800 Enron shares (in my children's  college fund)