Enron Mail

From:john.arnold@enron.com
To:lafontaine@enron.com, steve.lafontaine@bankofamerica.com
Subject:Re: its never gonna break
Cc:
Bcc:
Date:Fri, 4 May 2001 13:30:00 -0700 (PDT)

your guys are probably seeing this as well, but, 50 cents higher our customer biz was 95/5 from buy side. now it's 50/50. can almost smell blood among the producers. only problem is trade is sooooo short they cant see straight. were the market still not so fundamentally overvalued right now i'd be looking for a 25 cent move up. just can't see that happening at this level though.