Water is just as liquid as gas.  So to speak.


From: Carlos Sole@ENRON_DEVELOPMENT on 10/27/2000 03:16 PM
To: Kay Mann/Corp/Enron@ENRON
cc:  

Subject: Re: Azurix buyout by Enron  

Doesn't say, other than go private.  So I guess that means, this first step 
is trying to ease whatever pain can be eased in the investment community that 
bought into Azurix since a drop from $19 to $7 is better than $19 to $4, and 
then Azurix will sell itself out of business (I told you about the calls from 
Argentine and Mexican counsel on wanting to represent potential buyers of 
Azurix assets in those countries).  I don't know about any other strategies, 
can you trade water?