RE:

i agree with your comments about managament. it seems like they are caught like a deer in a headlights. i have bought some more shares today. my view is that the company will not fold. the worst case scenario is a buyout. so, it seems like we should bottom out shortly. right?

good news on uncle george

-----Original Message-----
From: Larry Bass [mailto:lwbthemarine@alltel.net]
Sent: Wednesday, November 07, 2001 1:41 PM
To: K. Bass
Cc: Bass, Eric
Subject: Re:

Well, I certainly called this one wrong! I was absolutely convinced that the market was drastically overeating to that ENE/partnership deal, that all was above board and that ENE could and would financially manage the matter. However, the stock has lost 50% of its value in less than 4 trading days and 90% of its value in less than a month and yet there is TOTAL silence from management. All you read are the doom and gloom wall street articles. I must now believe they are true. Are these guys just a bunch of crooks? I guess I should just take the lump. As much as I hate to,it may be the wise thing to do and try to salvage $8/share. Any thoughts?

On a lighter note, talked with Uncle George and he will be delighted to join us for Thanksgiving. Told him I would let him know when we will eat. That's about all for now. LU-:L

----- Original Message -----
From: K. Bass <mailto:daphneco64@alltel.net<
To: Larry W. Bass <mailto:lwbthemarine@alltel.net<
Sent: Wednesday, November 07, 2001 11:11 AM

Hi Dear,

Eric said the mood is somber over there today. I just can't believe my eyes! Why doesn't management DO something? LU-T