Enron Mail

From:kay.mann@enron.com
To:carlos.sole@enron.com
Subject:Re: Azurix buyout by Enron
Cc:
Bcc:
Date:Fri, 27 Oct 2000 09:26:00 -0700 (PDT)

You'll be happy to know that it didn't take long.


From: Carlos Sole@ENRON_DEVELOPMENT on 10/27/2000 04:09 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Azurix buyout by Enron

Please don't tell me that you've spent the last hour trying to think of that
response because I certainly do like it.




Kay Mann@ENRON
10/27/2000 04:04 PM

To: Carlos Sole/ENRON_DEVELOPMENT@ENRON_DEVELOPMENT
cc:
Subject: Re: Azurix buyout by Enron

Water is just as liquid as gas. So to speak.


From: Carlos Sole@ENRON_DEVELOPMENT on 10/27/2000 03:16 PM
To: Kay Mann/Corp/Enron@ENRON
cc:

Subject: Re: Azurix buyout by Enron

Doesn't say, other than go private. So I guess that means, this first step
is trying to ease whatever pain can be eased in the investment community that
bought into Azurix since a drop from $19 to $7 is better than $19 to $4, and
then Azurix will sell itself out of business (I told you about the calls from
Argentine and Mexican counsel on wanting to represent potential buyers of
Azurix assets in those countries). I don't know about any other strategies,
can you trade water?