Enron Mail

From:jeaster@reliant.com
To:rick.buy@enron.com
Subject:I know this sounds crazy but...
Cc:
Bcc:
Date:Mon, 26 Nov 2001 11:33:15 -0800 (PST)





... how about an LBO?

Certain high net worth executives sponsor the deal in conjunction with a
major financial investor such as JPM/Chase or Citibank. Force the share
trust participants to go along and cut in all management and employees. It
gets the company out of the spotlight and might have some real attraction
for deal starved investors... esp at this price level. It could remotivate
everyone and provide a way to recover some of the lost value that had
accrued to the employees over the years. Obviously, some stakeholders
would do better that others but that's the way it goes sometimes.

Just a thought.

Hang in there.

Jim



_____________________________
Jim Easter
Reliant Energy Solutions
Transaction Development & Support
713-207-3170 - Office
713-898-9481 - Mobile
877-330-0952 - Pager
jeaster@reliant.com