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Enron Mail |
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
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