I have lost all respect for wall street-do not combine the commodity picture with the equities.

other thought is oil

 -----Original Message-----
From: 	"McKeon, David (EKT)" <David.McKeon@entergykoch.com>@ENRON  
Sent:	Wednesday, December 12, 2001 10:29 AM
To:	Gilbert-smith, Doug
Subject:	RE: CPN

Whoever wants to be long 70000 MW of assets and turbines while straddled
with the associated debt payments.  Someone who weathers the energy storm
and still has capital.  Potentially a bank with exposure?  How big daddy
Koch :-)

The real issue is that wall street is realizing that their growth story is
over.

> -----Original Message-----
> From:	Doug.Gilbert-Smith@enron.com [SMTP:Doug.Gilbert-Smith@enron.com]
> Sent:	Wednesday, December 12, 2001 10:23 AM
> To:	David.McKeon@entergykoch.com
> Subject:	RE: CPN
>
> ouch. Going to zero. This is the distressed sale we were expecting-who
> steps in to buy this?
>
>     -----Original Message-----
>    From:   "McKeon, David (EKT)" <David.McKeon@entergykoch.com>@ENRON
>    Sent:   Wednesday, December 12, 2001 9:26 AM
>    To:     Doug (E-mail); Doug (E-mail 2)
>    Subject:  CPN
>
>    Watch out for these guys - listen to the conference call from yesterday
>    afternooon....interesting.
>
>
>
>
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