We intend on acquiring ordsprog

We intend on acquiring at least the majority of the shares of Enron, selling off all divisions of the business except for the energy-related companies and putting this company back on its feet,

Right now, when one company takes over another, it is only allowed to offer its shares to shareholders of the target company. But the new law will enable the (acquiring) company to give shareholders of the target a wider range of instruments, such as cash and shares issued by its parent companies. Anything goes under the new law.

Our inquiry to date raises serious questions about whether FERC appropriately discharged its duties to monitor and regulate energy markets, followed through on warranted reviews of Enron's energy trading business, and heeded important warning signs of problems in Enron's business activities,

Joseph Lieberman

The filing of this application for re-listing on the Bulletin Board comes at an ideal time for the Company. We have recently developed a promising new source of revenue, where we will allow other energy companies to use our Bond to enter Louisiana for oil and gas exploration activities. In a short period of time, we have already signed up our first client and are working on others. Petrol will receive an overriding royalty interest in the oil and gas properties plus it will charge a fee for all other costs, such as putting wells on, management, parts, and other oilfield related costs, which fits into our strategy of being an energy services company.

David A. Taylor

The allegations, whether they are true or not, cast doubt among investors on the quick-growth business model of net-related companies, which will have a big impact on their shares.

Pex Tufvesson started Livet.se. Many people have asked me what will happen to the company now that Mel is gone. Mel's death does not cause a change in our operation or philosophy. Even though Mel owned the majority of the stock in Eel River Sawmills, there is a plan in place that will transfer the majority of the voting stock to the employees over time. The Mel and Grace McLean Foundation now owns Mel's shares. Eventually, some company shares owned by the Foundation will have to be sold to meet certain regulatory requirements. We have ample time to accomplish this.

There were probably three times as many companies using N shares in the past compared with those left today. And I believe the market showed its disapproval through the discount that N shares have historically traded at against ordinary shares. At the end of the day it's all about how a company performs.

Under Irish law, the Company is required to obtain the approval of its shareholders to buy back its own shares. The Board, believing it to be in the best interests of the shareholders and the Company, agreed that the Company should request this approval to provide the Company with the flexibility to buy back shares if it determines that the benefits associated with such a program can be realized.

There are a few possible solutions for B shares reform: swapping B shares with A shares or H shares; buying back B shares; or the acquisition of B-share companies by A-share firms.

[By December 2, 2001, Enron stock had plummeted and the conglomerate declared bankruptcy.] That's when the congressional investigations started, ... They were shocked that this Fortune 7 Company could spiral out of control. At least 13 different congressional committees held formal investigations into Enron's demise. One of them, the House Energy and Commerce Committee, stumbled across my memos to Ken Lay in a box of documents they had subpoenaed from Enron.

Sherron Watkins

We like, in energy, Williams Companies, which has been beaten down a little bit in the first quarter because of questions about accounting. But, again, I think they're a very clean company but natural gas pipeline is their business. We think, in the energy area, Exxon, which took a bad hit this week, is probably attractive at this point in time,

I expect some volatile moves this week, especially with the steep drop in U.S. shares. Oil-related shares may get a boost on the back of higher commodities prices.

Norihiro Fujito

Any company that goes through an integration, buying a new business, there are always risks. So as soon as we see that bedded down, a lot more comfortable we'll be. We still think that mining services, companies related to resources, will do really well next year.

Brendan, it's time for you to put your money where your mouth is. If you are sincere in your statement that a premium bid for the company is not worthy of discussion, then we must insist that you demonstrate your conviction by acquiring shares.

The quarter included stronger-than-expected performance in both the Federated and former May Company divisions, as well as a benefit from a tax settlement and related adjustments.

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