text_combined: enron mentions merger ahead enron businessweek 11 19 01 see court economist 11 17 01 ken lay understand happening enron new york times 11 16 01 quick change fortune dulls glimmer houston new york times 11 16 01 johnson longley hurting bottom line new york times 11 16 01 five dumbest things wall street week thestreet com 11 16 01 global investing fidelity reveals rise enron exposure financial times 11 16 01 front page companies markets hp compaq chiefs forego 22 financial times 11 16 01 stock drop cuts enron retirement package associated press newswires 11 16 01 city international power looks purchases daily telegraph 11 16 01 india dabhol project due diligence start next week dow jones international news 11 16 01 britain clears purchase enron indian oil assets daily deal 11 16 01 u firms get alaska pipeline globe mail 11 16 01 new power faults data flow opposes program delay houston chronicle 11 16 01 consortium return sparks renewed hope gas pipeline project associated press newswires 11 15 01 usa janus funds dumped emc third quarter reuters english news service 11 15 01 cash infusion little comfort enron counterparties dow jones energy service 11 15 01 dynegy may want enron broadband assets dow jones energy service 11 15 01 business week merger ahead enron edited monica roman 11 19 2001 businessweek 50 copyright 2001 mcgraw hill inc stock falling new lows credit rating battered energy giant enron desperately searching new capital sources close houston company say considering deals energy trading companies private equity firms blue chip saviors ge capital wall street journal cnbc reported dynegy merger talks enron company financial crisis sparked disclosures balance sheet partnership deals negotiated former chief financial officer andrew fastow securities exchange commission investigation threat liabilities shareholder lawsuits could make tough enron land new investor copyright 2000 dow jones company inc rights reserved finance source world reporter tm ft mccarthy company trials begun lawyers swarming enron old financial statements press releases hope reaping huge fees securities litigation 20 class action lawsuits filed recent weeks new ones popping every day formal process started consolidate litigation houston troubled energy company based lawyers interested case required stake claims december 21 st broadest accusations fraud material misstatement legal ways saying company financial statements garbage week enron founder chairman kenneth lay decided forgo severance package worth 60 admitting company problems exacerbated extensive use debt capital balance sheet america financial accounting standards board fasb looking balance sheet financing fretted decade also charges insider trading even enron issuing securities amid glowing profits reports top executives dumping 1 billion enron shares unsuspecting investors group includes anybody however briefly held one company 750 shares past two years number class members huge says maurice pesso lawyer new york firm filed claim however limits company liability already restated results going back five years federal law restricts litigation past three moreover enron take rap alone auditor arthur andersen plain andersen also named defendant least one complaints already filed litigation comes rough decade andersen pay hundreds millions dollars settlements sloppy audits companies waste management sunbeam discovery zone enron evolved energy company financial firm became much like unregulated bank lack supervision meant role company auditor crucial andersen certainly paid 2000 collected 25 auditing enron books another 27 consulting services account copyright 2000 dow jones section c ken lay understand happening enron floyd norris 11 16 2001 new york times page 1 column 2 c 2001 new york times company tangled web weaved enron investors managers seem misled enron became overleveraged kenneth l lay enron chairman chief executive said week adding things went wrong ways could ever contemplated pointed investments performed far worse ever could imagined first time enron admitted leverage problem came brutal reality become apparent many others mr lay says understood going suspect left crucial details others since departed fully grasp reality obscured enron soothing financial statements enron riding high could easily sold stock raise capital desperately wants mr lay executives sold stock company month ago mr lay spoke enthusiastically great company continuing earnings leverage easy find lot carried enron balance sheet partnerships special purpose entities enron set borrowed money funneled cash enron enron guaranteed debt show balance sheet could meet obligations issuing stock undisclosed losses built entities became likely could pay bills leaving enron also clear bond rating agencies understand enron plight last couple weeks figured took 1 5 billion equity infusion part dynegy takeover keep enron rating junk level enron board committee investigating various transactions promises release details uncovered officials speak learning happened first time perhaps jeffrey skilling mr lay protege enron chief financial engineer quit summer enron chief financial officer treasurer ousted enron unraveled investors would say none matters important fact dynegy buying enron anyway chuck watson dynegy chief executive convinced enron energy trading business gem justifies price dynegy paying figures losses bad investments contained big question may whether mr watson retain enthusiasm people study enron trading positions enron always said hedged big derivative positions positions contain huge leverage show balance sheet hedging affiliated companies big surprises found dynegy could back deal plenty blame go around suits filed enron current former officials auditor arthur andersen investors also bear responsibility enron financial statements mr lay conceded week opaque difficult understand investors analysts knew know going bought anyway enron viewed company always made numbers old line gas pipeline company transformed brilliant trader could apply magic around world investors care enron made numbers late graph tracks monthly closes enron stock price 1998 2001 yesterday close 9 48 copyright 2000 dow jones section quick change fortune dulls glimmer houston jim yardley 11 16 2001 new york times page 14 column 1 c 2001 new york times company houston nov 15 day oil prices plunged two year lows hometown enron corporation continued ugly free fall gloomy projections showed local economy headed decidedly rough patch george alcorn lunched chilean sea bass downtown petroleum club decided sky falling optimist life said mr alcorn 69 owns independent exploration company survived oil bust years mid 1980 opportunities town always large think going change mr alcorn could sound upbeat seemingly grim economic times hardly surprising city largely built pluck buoyant optimism recently economists predicted economic downturn plaguing rest nation would largely bypass houston nation energy capital june economist magazine citing houston increasingly diverse economy even promoted candidate world next great international city business center june long time ago city already lost 2 000 jobs struggling computer maker compaq probably lose thousands company merger hewlett packard approved aftermath sept 11 terrorist attacks continental airlines based announced 12 000 layoffs likely come houston texas medical center one largest medical complexes world facing financial peril flooding june caused estimated 2 billion damages latest blow economy well local psyche plight enron energy company analysts said tottered near bankruptcy merger local rival dynegy announced last week even merger goes city expected feel crunch local real estate analysts say merger could produce glut downtown office space time new towers construction including one enron one visible symbol changing fortunes two city sports stadiums enron field compaq center named companies soon may exist week national association purchasing management measures business activity industrial production released report showing houston economy contracted october 32 consecutive months expansion first half year feel pretty good said bill gilmer economist federal reserve bank dallas authority houston mr gilmer said much city recent job growth driven oil gas companies decline prices meant sector running steam national economy mr gilmer added helping right fact ailing national economy dragging houston oddly enough evidence city success recovering 1980 oil bust local economy dominated oil gas drop prices crushed city prompted civic leaders preach economic diversification worked compaq continental texas medical center well dramatic growth small business helped houston recover grow even faster becoming nation fourth largest city new generation sophisticated energy companies led enron created boom economists say next several months likely slow could substantial layoffs compaq enron mergers take place mr gilmer said price oil still played large role city economy number exploration rigs dropped roughly 1 000 1 300 recent months yet one predicting reprise bust downtown office buildings stood practically empty instead economists point relatively quick rebound ray perryman texas economist runs perryman group said houston still infrastructure envied cities including city bustling port nation second largest city recently named one four finalists become american entry host 2012 olympic games voters recently approved construction starter light rail line federal environmental officials recently signed plan greatly reduce air pollution sitting two million jobs said former mayor bob lanier downfall enron though company whose value dropped almost 90 percent accounting problems financial distress highly publicized unexpected blow city economy company embodied self image houston business leaders hold dear entrepreneurial aggressive ground breaking also generous civic benefactor company chairman kenneth l lay close friend president bush even rumored potential mayoral candidate week enron lost glory became painfully evident hall rice university tuesday mr lay presented alan greenspan federal reserve chairman lifetime achievement award enron prize mr lay company endowed named flush times next morning article houston chronicle said decision made whether name prize would changed photos compaq center home n b houston rockets named company soon may exist enron may soon acquired rival energy company photographs f carter smith new york times copyright 2000 dow jones section sports business johnson longley hurting bottom line richard sandomir 11 16 2001 new york times page 3 column 5 c 2001 new york times company larry johnson luc longley gone knicks roster clearly forgotten former employers cablevision corporate tributes johnson retired longley waived statues erected honor outside madison square garden division cablevision johnson longley live cablevision third quarter financial report even though names go unmentioned garden paid 48 million remaining contracts wrote longer performing money players lost value first arrived garden nonperforming assets small power forward bulky 7 foot 2 inch center least johnson time acquisition 1996 key part team even bad back kept scoring rebounding charlotte hornets injured longley contribution last season minuscule garden hurt fewer shows garden radio city music hall took one time hit wrote value johnson longley contracts third quarter ended sept 30 garden operating cash flow deficit 32 4 million compared 29 6 million operating cash flow last year period operating cash flow cablevision defined operating profit depreciation amortization insurance cover cost johnson longley payouts team looks healthy jim dolan president cablevision said tuesday conference call analysts expect write offs whether turns true depends whether currently hearty player sustains career ending injury cablevision could avoided financial circumstance paid attention physical conditions johnson longley case garden knew acquiring damaged goods second season charlotte johnson hurt back never maybe garden swayed well enough averaged 20 5 points 8 4 rebounds season traded anthony mason persistence back problems last seasons attests riskiness getting first place back compromised skills often limiting symbol knicks grit also spelled l bended arm quite nicely yet worth average 7 million year longley arrived phoenix last year four team deal sent patrick ewing seattle said told knicks degenerative ankle condition brought ankle physical knicks said july said playing said yes fact played australian olympic team sydney last year pain ankle kept practicing tip naming rights dance enron field home houston home run bound called something different next season jimy williams starts tenure astros manager enron world largest energy trader agreed pay 100 million put name ballpark 30 years deal began last year enron trouble lost nearly 60 billion market value company recently said overstated profits past five years nearly 600 million agreed acquired dynergy 9 billion another part houston compaq center could take another name computer maker named 1997 900 000 annually six years planning merge hewlett packard 2003 rockets move new arena named stadiums arenas changed monikers takeover turned philadelphia comcast center first union center twa dome st louis dome america center reflect twa purchase american airlines marine midland arena buffalo hsbc name meanwhile pro player stadium near miami named defunct division bankrupt fruit loom two n f l stadiums one built three years old named ailing companies foxboro mass cmgi field readied play next season new england patriots 12 months ended july 31 cmgi internet development company lost 4 4 billion twice annual network tv payments n f l cmgi pay 114 million 15 years naming deal lasts long psinet internet communications services provider paying 105 5 million 20 years name atop baltimore ravens stadium filed chapter 11 bankruptcy protection earlier year losing 3 2 billion quarter ending march 31 conseco fieldhouse indiana home pacers named finance insurance company recently posted 410 million quarterly loss financial state airlines since sept 11 may affect arenas stadiums named besides dome st louis six facilities named airlines two american last year canadian airlines saddledome calgary flames play changed name namesake went bankrupt bought air canada pengrowth saddledome copyright 2000 dow jones fleeing investors bid stock 90 high last fall 4 blodget blunder speaking folks lost money investors analyst henry blodget taking part buyout merrill lynch reportedly exiting firm severance package 2 million bwah ha ha ha ha blodget notoriety talking prospects many internet issues later went belly acquired cheap including resounding losers pets com psinet ubid last summer one irate investor claiming lost half million dollars taking blodget advice extracted 400 000 compensation merrill lynch despite lousy stock calls retrospect blodget looks pretty smart cultivated momentarily outsized short lived cult personality worth lifetime humble opinion secured tidy payout way door note exit scene dumb passage represents end ignominiously silly era one ordinary investors tossed money dubious ideas like pets com ungraceful enough complain gotten bad advice question analysts may meted absurdly bullish stock forecasts bigger problem investors suckered potential outlandish profits acted like believed 5 unflagging american opportunists salute unflagging american entrepreneurial spirit note also metamorphose enthusiastic fraud case three opportunists flagged sec week companies claiming products protect bioterrorism inventive three r tec technologies rttc ob otc bb news commentary claimed developed chemical biological alarm neutralization defense system trumped military lingo c band company said first mechanically operated wind key back system protect citizens attacks r tec admitted never tested device plans manufacture actually hold patent gets bonus fraud points cool acronym straightforward scams disease sciences dise ob otc bb news commentary classica group tcgi nasdaq sc news commentary said technology capable killing anthrax mail disease science touted high pressure pulse processing fairly intensive sounding application sec notes license use classica group alleged microwave technology likewise got thumbs sec global investing fidelity reveals rise enron exposure elizabeth wine 11 16 2001 financial times c 2001 financial times limited rights reserved fidelity world largest mutual fund company boosted exposure troubled energy trader enron 20 per cent third quarter stock began collapse amid regulatory scrutiny filings securities exchange commission released week boston based company reported owned 20 8 shares enron september 30 16 5 june 30 group reports holdings two month delay filings detail holdings individual funds group managers could also sold holdings since filing period ended morningstar analyst scott cooley noted even increase assuming shares sold fidelity would 3 per cent enron outstanding shares small amount large fund manager 800 bn management group holds sizeable positions many companies mr cooley said increase characteristic fidelity buying dip enron shares began falling september news emerged company financial statements complex investors realised featuring several balance sheet partnerships sec investigation enron shares plunged nearly 66 per cent fourth quarter c copyright financial times ltd rights reserved http www ft com copyright 2000 dow jones company inc rights reserved front page companies markets hp compaq chiefs forego 22 scott morrison 11 16 2001 financial times c 2001 financial times limited rights reserved front page companies markets hp compaq chiefs forego 22 revelation comes amid shareholder concern 24 bn acquisition chief executives hewlett packard compaq computer forego 22 retention bonuses would entitled agreed merger two companies goes ahead revelation contained regulatory filing thursday comes amid widespread shareholder concern hp planned acquisition compaq 24 bn sons hp two co founders criticised deal raising doubts shareholders would back hp takeover rival opposition prompted speculation carly fiorina hp chief executive would forced deal voted would entitled receive retention bonuses totalling 8 equal double sum current salary target annual bonus declined accept right participate programme michael capellas counterpart compaq eligible receive retention bonuses totaling 14 4 equivalent three times sum current base salary target annual bonus decisions shown called 4 formal merger prospectus prepared hp filed securities exchange commission filing outlines managements arguments merger despite ms fiorina decision hp agreed retention payment programme key executives could total 33 remain employed payment second installment retention bonuses addition ms fiorina several officials negotiating new contracts would give higher salaries potential bonuses stock options compensation plan could cost much 22 4 key figures remain merged company certain period time decision ms fiorina mr capellas comes ken lay chairman chief executive enron prompted shareholder outcry announce would take 60 entitled enron agreed rescue bid rival energy group dynegy 4 noted walter hewlett lone hp director opposed combination member hp compensation committee meanwhile us federal trade commission asked hewlett packard compaq provide additional information material concerning proposed merger standard regulatory practice companies warned request federal law would effect extend waiting period completion merger august 30 next year 4 provide date shareholder votes required consummate 24 bn deal hp wednesday surprised market posting fiscal fourth quarter results far exceeded analysts expectations c copyright financial times ltd rights reserved http www ft com copyright 2000 dow jones company inc rights reserved stock drop cuts enron retirement package 11 16 2001 associated press newswires copyright 2001 associated press rights reserved portland ore ap employees portland general electric shock watching retirement savings dry along stock energy giant enron pge parent company sting helped fact selloff coincided lockdown forced employees hold stock 401 k retirement plans stock prices plummeted 70 percent since oct 16 enron announced 618 million third quarter loss loss stemmed largely investment write offs led dismissal company chief financial officer investigated securities exchange commission oct 17 houston based enron locked 401 k accounts meaning employees allowed sell enron stock make changes plans freeze lasted wednesday peggy fowler pge chief executive officer said lockdown result long planned change retirement fund managers acknowledged timing worse 2 700 pge employees enron 401 k plans slump decimated nest eggs get sat watched nest eggs go nothing said roy rinard pge lineman boring 401 k plan enron stock rinard 54 said account dropped value 472 000 year ago 238 000 time freeze 70 000 feel like stolen lied said alan kaseweter 43 pge service department employee almost 401 k invested enron stock kaseweter redlands said account dwindled 348 000 year ago 115 500 time freeze 36 000 enron pge employees must accept enron stock company matching contribution 401 k accounts employees 50 retirees allowed roll another investment enron seemed like good bet stock climbed 475 percent 1995 dec 31 2000 enron purchased pge 1997 reinventing cutting edge energy trading company took staple products natural gas electricity attempted trade like commodities reports surfaced partnerships founded enron chief financial officer andrew fastow partnerships borrowed money enron behalf allowed enron keep debt books fastow left company u securities exchange commission opened investigation nov 8 enron said restating earnings past five years effect admitting inflated profits time enron froze employees 401 k accounts enron decided july would hire new administrators retirement program changeover required month enron directors executives dumped stock much past 12 months selling 136 million worth fact prominently mentioned recent shareholder lawsuits company investors also filed five lawsuits enron executives directors including former pge chief executive kenneth l harrison copyright 2000 dow jones company inc rights reserved city international power looks purchases roland gribben 11 16 2001 daily telegraph p 36 c telegraph group limited london 2001 international power electricity generator spun last year break national power yesterday signalled limbering fresh round acquisitions number companies markets international operates putting assets sale amid uncertainties power financial outlook international also keeping close watch developments enron american power generator major market trader throes rescued rival dynegy phil cox finance director said opportunities opening looking balance sheet strong enough accommodate best international generating portfolio spanning europe north america middle east australia produced pre tax profits 186 first nine months year compared loss 80 corresponding period last year company added five gas fired plants america portfolio year hopes get approval two others state new york shares rose 11 1 2 223 1 2 p copyright 2000 dow jones company inc rights reserved india dabhol project due diligence start next week 11 16 2001 dow jones international news copyright c 2001 dow jones dow jones newswires 91 11 461 9426 himendra kumar dowjones com copyright 2000 dow jones company inc rights reserved inplay britain clears purchase enron indian oil assets 11 16 2001 daily deal copyright c 2001 deal llc vinson elkins llp allen overy lehman brothers inc reliance industries ltd oil natural gas corp enron corp enron oil gas india ltd bg group plc u k department trade industry said cleared bg group plc proposed acquisition enron oil gas india ltd unit ailing energy merchant enron corp houston 388 million two first announced deal oct 3 assets include 30 stakes tapti gas field panna mukta oil gas fields 63 enron india cb os 1 exploration rights mostly western coast india assets hold reserves around 170 million barrels oil equivalent indian media reports suggested government wants operatorship assets pass two enron joint venture partners state owned oil natural gas corp reliance industries ltd move could make deal unattractive bg possibly quash lehman brothers inc allen overy advised bg transaction vinson elkins llp assisted enron claire poole www thedeal com copyright 2000 dow jones company inc rights reserved report business canadian u firms get alaska pipeline lily nguyen 11 16 2001 globe mail metro bl material copyright c bell globemedia publishing inc licensors rights reserved calgary six powerhouse u players joining transcanada pipelines ltd westcoast energy inc attempt inject new momentum bid build multibillion dollar pipeline alaska partnership includes energy services transportation giants williams cos duke energy corp enron corp well major utilities el paso corp pg e corp sempra energy utilities ventures agreed work together transcanada westcoast put proposal alaska gas producers end year group laid intentions memorandum understanding signed yesterday said believe gas pipeline running along alaska highway built 2008 murray birch senior vice president westcoast said partners lend expertise deep pockets scale mammoth project estimated cost well 10 billion u best interest involve project large project certainly westcoast transcanada would stretched said mr birch also co chief executive officer foothills pipe lines ltd joint venture co owned westcoast transcanada foothills holds regulatory permits proposed alaska highway pipeline mr birch said equity position company project still worked rocco cianco foothills spokesman said part companies state flux westcoast process taken duke houston based enron process bought hometown rival dynegy corp partnership brings back table nine original participants similar pipeline project proposed 1970 shelved weakening commodity prices native opposition mr birch noted also removes legal question hanging pipeline project whether six u companies claim project based capital investment 1970 project withdrew project understanding restart would able recover initial investment pegged 4 billion including interest said getting back board six companies agreed waive claim said scott kent minister economic development yukon vocal proponent proposed pipeline said removal legal question lifts huge barrier project chance could ended lengthy court battle would significantly hampered project said certainly good news winfried fruehauf analyst national bank financial toronto said six u companies well westcoast transcanada foothills trying make sure first line move gas burgeoning alaskan fields market everybody uncle wants pipeline many toos want position said market understanding alaska producers include exxon mobil corp phillips petroleum co bp amoco plc chevron corp ultimately decide build operate pipeline cost project would recovered form pipeline tolls gina taylor spokeswoman enron said partners got together eye approaching producers get answer whether project go ahead marketplace approval key us moving forward said put memorandum place could go revisit producers curtis thayer spokesman alaska producers said early talk build operate pipeline group even decided proceed one yet noted preliminary analysis done part 100 million study group undertaken indicates pipeline pay current commodity prices however decision made insisted options floated include building pipeline north shore alaska yukon gas fields northwest territories mackenzie valley nwt pipeline going land yukon nwt various backers proposal alaskan producers ruled undertaking project joe handley minister finance nwt said news partnership spur participants proposed mackenzie valley pipeline territory government consistently said nwt pipeline must built first risk derailed alaska pipeline would flood market product keep toes alaska pipeline could pass us leave us bush said foothills announced earlier week reached preliminary agreement kaska nation removing another potential hurdle alaska pipeline proposal copyright 2000 dow jones company inc rights reserved nov 16 2001 houston chronicle new power faults data flow opposes program delay laura goldberg copyright 2001 houston chronicle new power co major player state test pilot electricity deregulation said thursday problems getting data entities caused send customer bills late without appropriate charges new power electricity provider hopeful problems resolved believe state delay planned jan 1 start electricity deregulation delays computer glitches plagued pilot program let limited number consumers across state choose power providers opening full market new power electricity companies made comments thursday filings public utility commission puc use evaluates whether move forward jan 1 several companies also cited ongoing problems new power enrolled 61 000 customers pilot said majority customers getting late bills issued initial customer bills lower amounts due new power issue accurate bills needs information separate companies maintain electricity transmission metering systems information sent new power electric reliability council texas runs variety computer systems need deregulation new power spokeswoman said executives met companies ercot problem situation seems improving reliant resources houston parent electricity provider reliant energy retail services said filing confident remaining significant issues overcome time open market jan 1 near end last month nine retail electricity providers told puc opposed delaying planned start date deregulation coalition consumer groups called delay saying state ready variety reasons electricity companies included reliant new power said market shortcomings consumer groups cited either exist fixed require delay consortium return sparks renewed hope gas pipeline project mike chambers associated press writer 11 15 2001 associated press newswires copyright 2001 associated press rights reserved juneau ap natural gas consortium plans resurrect proposal build 1 700 mile gas pipeline alaska lower 48 sparking renewed hope massive undertaking oil companies doubting viability nine american canadian companies announced plans thursday offer build maintain pipeline effort ship 36 trillion cubic feet north slope natural gas group intends make proposal three major oil companies december spokesman consortium said economic benefits multi billion dollar project would impact regions u canada said mike stewart co chief executive officer foothills pipe lines foothills reached agreement transcanada pipelines westcoast energy american companies williams duke energy el paso corp enron pg e corp sempra energy international groups comprise original alaskan northwest natural gas transportation company first proposed building project 1970 terms agreement companies plan dismiss 4 billion costs interest associated dormant project would charged developers pipeline money represents original investment interest intention remove issue said foothills spokesman rocco ciancio seen key roadblock building alaska pipeline lower 48 officials state would 12 5 percent natural gas pumped north slope resolved time producers come table pipeline companies state alaska players get project underway said gov tony knowles exxon mobil phillips bp spent millions studying viability project far determined profitable knowles state officials pressuring oil companies build route generally follows trans alaska oil pipeline alaska highway alberta would provide jobs alaskans cheap natural gas communities revenues state services knowles said canadian officials pushed beaufort sea route taps rich reserves stranded mackenzie delta oil companies estimate canadian route would cost 15 1 billion compared alaska highway route would cost 17 billion ciancio said group estimates pipeline would cost 9 7 billion construct would get natural gas market quicker proposals consortium held permits build alaska route since 1976 estimating would take greenfield start project somewhere near two three years reach state readiness project ciancio said consortium project proposes running 42 inch pipe prudhoe bay alberta companies pipelines ship natural gas chicago san francisco said agreements reached quickly oil companies pipeline could operation 2008 ciancio said spokesman oil producers team studying project greeted news said would welcome pipeline plan would profitable happy see efforts made support alaska pipeline project said dave macdowell spokesman oil producer group absolutely open folks coming forward efficient economic projects copyright 2000 dow jones company inc rights reserved usa janus funds dumped emc third quarter christopher noble 11 15 2001 reuters english news service c reuters limited 2001 boston nov 15 reuters mutual fund giant janus capital corp dumped 40 million shares data storage leader emc corp third quarter cutting deeply stake one time high flyer company stock plunged 59 percent according regulatory filings janus unit stilwell financial inc ended third quarter 6 38 million shares emc 46 44 million end second quarter janus funds also cut storage software maker veritas software co dropping nearly eight million shares quarter janus added 570 000 shares holding network appliance bringing 1 97 million shares spokeswoman janus declined comment sale emc stock company ran trouble revenue shrank due stiffer competition steep downturn corporate spending information technology another big move sale 43 6 million shares mobile phone maker nokia janus ended quarter 183 2 million shares nokia 226 8 million previous quarter filing showed filing shows sales technology companies indicate big move tech sector way previous quarterly data sometimes instance second quarter filing showed big moves many biggest names internet revolution including cisco systems emc oracle corp sun microsystems called four horsemen web helped drive expansion new economy janus cut sharply stake sun dropping 14 7 million shares holdings cisco oracle nearly unchanged quarter filing showed janus also cut 12 6 million shares advanced micro devices inc hand company added 13 6 million shares microsoft corp boosted stakes jds uniphase ebay inc funds also doubled holdings berkshire hathaway inc 320 691 shares filing showed janus made almost change third quarter holding enron corp energy trading company whose stock collapsed amid u regulatory probe end quarter janus held 41 36 million shares enron janus spokeswoman would comment enron shares said filings dated necessarily reflect current holdings shares enron plunged mid october investors rebelled company balance sheet deals investigation enron whose stock 63 percent far fourth quarter company agreed last week acquired smaller rival dynegy inc 9 billion stock janus stake exxon mobil corp doubled 39 8 million shares quarter janus stock holdings worth 102 09 billion end quarter 141 05 billion end second quarter copyright 2000 dow jones company inc rights reserved cash infusion little comfort enron counterparties andrew dowell dow jones newswires 11 15 2001 dow jones energy service copyright c 2001 dow jones company inc new york dow jones one half billion dollars go far used despite cash injection size dynegy inc dyn week u energy companies continue restrict dealings enron corp ene traders u power natural gas markets said wednesday traders said deals houston based energy giant necessary reported activity appears picked traders said continuing limit exposure business parties possible enron credit rating improves company one foot banana peel one foot grave said ed kennedy miami based trader pioneer futures moody investors service standard poor rate enron one notch speculative grade moody enron ratings review downgrade p enron negative credit watch enron ability business energy markets depends maintaining investment grade ratings tuesday infusion cash dynegy agreed buy enron stock swap currently worth 10 billion enough change outlook enron said todd shipman director u utilities group p instead firm watching see whether enron hold core business trading north american gas power p may revisit enron credit watch status new year eye upgrading positive shipman said circular reasoning sets staredown sorts ratings agency energy markets waiting take first step always sort face shipman said time standing pat unless situation enron gets significantly worse moody immediately available comment traders companies said consistently enron credit ratings improve continue watch exposure enron carefully trades limited short term deals mirant corp mir trading enron limited basis broadened enron credit situation improves spokesman chuck griffin said aquila corp ila ceo keith stamm said company heartened dynegy injection cash continuing monitor enron condition 1 5 billion improved situation us keep watching situation stamm said monday aquila said whittled exposure enron significantly enron spokesman eric thode said 30 day moving average volumes enrononline internet based trading platform enron counterparty every deal improved typical 5 700 transactions per day notional value 2 7 billion volumes returned normal range said traders said enron short term business appear picked earlier week staffing changes concern enron country largest trader natural gas electricity accounting quarter markets estimates even companies prohibiting traders business enron traders taking steps limit exposure one funds analyst said possibility staffing changes enron contributing traders reluctance business company headhunters analyst said tie five year deal someone may enron currently employes 1 500 people trading operation dynegy employes 300 acquisition expected produce cuts dynegy said degree energy companies began shying away enron past month concerns finances precipitated 75 drop stock price left bonds trading levels typically associated distressed debt enron restatement four half years worth earnings last thursday ratings downgrades friday led companies severely restrict business enron even meant paying higher prices accepting lower bids enron ability recover business critical future 201 938 4430 andrew dowell dowjones com john edmiston houston jon kamp chicago mark golden new york contributed article copyright 2000 dow jones company inc rights reserved dynegy may want enron broadband assets erwin seba dow jones newswires 11 15 2001 dow jones energy service copyright c 2001 dow jones company inc houston dow jones enron corp ene may planning unwind broadband services unit may gain approval future new owner dynegy inc dyn beginning look assets wants keep enron non core businesses saying point early want look see pieces optical fiber network complement strategy dynegy spokeswoman jennifer rosser told dow jones newswires going take opportunity review one thing clear though enron leaving bandwidth market company principal market maker think made pretty clear non core businesses enron broadband services spokeswoman shelly mansfield told dow jones going exiting businesses orderly fashion thursday morning enron bandwidth traders said told become many came bandwidth desk company energy trading operations given definitive information trader said traders brokers counterparties enron said enron traders remain active bandwidth market regularly showing prices various contracts dynegy traders also present market pervasively enron traders said one broker dynegy traders regularly show high offer price without presenting bid price broker said usually dynegy traders stay high offer expecting buyers market come also broker said dynegy seems active contracts new york miami route addition deciding enron network dynegy also faces decisions whether retain enron bandwidth traders contracts company still holds bandwidth services guiding dynegy decisions continuing commitment bandwidth strategy dynegy focused building long term customer relationships rosser said focused energy business value added provider customers maintained focus wholesale market large enterprise consumers bandwidth maintained focus structured transactions trading primarily think true trading environment exists yet enron may attempt sell network nine 12 months merger completed may unable brokers physical assets bandwidth said optical networks broken sale said physical assets brokers erwin seba dow jones newswires 713 547 9214 erwin seba dowjones com copyright 2000 dow jones company inc rights reserved