Enron Mail

From:joe.quenet@enron.com
To:arosenberg@edisonmission.com
Subject:Re:
Cc:
Bcc:
Date:Mon, 20 Nov 2000 05:46:00 -0800 (PST)

you hurt my feelings ........................first , I'm definetly the
largest user of outside brokers in this entire firm........could possibly do
more than anyone in this market......30-40 "outside " trades each
day.........second, in this instance he showed me a .25 bid and I hit it,
then i offered evens( sold several hundred) then i wacked the 75's (again
several hundred) then hit all the 50's...... when i come back
to them and ask who I hit they say they have a problem......that it should
have been an offer...when they listened to the tape they "think" he said
"sell".......myself, I did nothing wrong in this.....then they come back with
another name who will stand in at "even"....... well, make him come upto <25
and send him the check...........I (we) assume all the risk in the broker
market............brokers collect the commission and have no
position........we use brokers , pay the commission and also end up with a
bad position from "flake" trades..........

didn't mean to vent on you .............using brokers carries
risk(execution risk).......