Enron Mail

From:james.derrick@enron.com
To:c..williams@enron.com
Subject:FW: class action matter
Cc:
Bcc:
Date:Wed, 7 Nov 2001 12:22:30 -0800 (PST)

FYR

-----Original Message-----
From: Palmer, Mark A. (PR)
Sent: Wednesday, November 07, 2001 8:10 AM
To: Derrick Jr., James
Subject: FW: class action matter



fyi
-----Original Message-----
From: dsteck@genambenefits.com [mailto:dsteck@genambenefits.com]
Sent: Wednesday, November 07, 2001 7:55 AM
To: Palmer, Mark A. (PR)
Subject: class action matter


Hi Mark,
I am a former investor, and received a complaint in yesterday's mail from
Bernstein, Liebhard & Lifshitz. Although their complaint may have some
merit, they fail to point out that in early 2001 (1/21/2001- I bought @ 70
1/8 & sold 9 days later @ 79.5), there was significant press relating to
the energy crisis- Lack of electricity in California, and shortages of
petroleum reserves, etc. That is why I bought. I saw an opportunity for
energy companies overall, with regards to sales volume & earnings
potential.
So, although their claims may (or may not) have substantive legal merit
(with regards to the Limited Partnership debacle), I, and perhaps others,
bought and/or sold the stock due to circumstances related only to the
energy crises, and opportunities related therein.
Although I'm a small investor (traded only $ 1,540 worth of shares, as
noted above), feel free to write if I can help.

David Steck
Edwardsville, IL
618-692-6972