Enron Mail

From:vince.kaminski@enron.com
To:vkaminski@aol.com
Subject:URGENT- Election Update 11/17b
Cc:
Bcc:
Date:Fri, 17 Nov 2000 08:53:00 -0800 (PST)

---------------------- Forwarded by Vince J Kaminski/HOU/ECT on 11/17/2000
05:01 PM ---------------------------


Robert Johnston
11/17/2000 04:43 PM
To: Mike McConnell/HOU/ECT@ECT, Gary Hickerson/HOU/ECT@ECT, Jeffrey A
Shankman/HOU/ECT@ECT, Joe Gold/LON/ECT@ECT, Mark Schroeder/LON/ECT@ECT, Vince
J Kaminski/HOU/ECT@ECT
cc: William Stuart/HOU/ECT@ECT, Jeff Kinneman/HOU/ECT@ECT, Michelle D
Cisneros/HOU/ECT@ECT, Pushkar Shahi/HOU/ECT@ECT, Paul Pizzolato/HOU/ECT@ECT,
John Greene/LON/ECT@ECT, Ellen Su/Corp/Enron@Enron, Steve
Jacobellis/NA/Enron@Enron, Eric Scott/HOU/ECT@ECT, Kristin Walsh/HOU/ECT@ECT,
Trena McFarland/NA/Enron@Enron, Scott Tholan/Corp/Enron@Enron, Kristin
Walsh/HOU/ECT@ECT, John A Cote/HOU/ECT@ECT, Cynthia
Sandherr/Corp/Enron@ENRON, Chris Long/Corp/Enron@ENRON, Jeffrey
Keeler/Corp/Enron@ENRON, James D Steffes/NA/Enron@Enron, Shane
Dallmann/LON/ECT@ECT, Aaron Armstrong/LON/ECT@ECT, Jurgen Hess/LON/ECT@ECT,
Martina Angelova/LON/ECT@ECT, J Christopher Champion/HOU/ECT@ECT, Jim
Roth/EU/Enron@Enron, Richard Shapiro/NA/Enron@Enron
Subject: URGENT- Election Update 11/17b

Everything the Gore campaign was hoping to hear from Judge Lewis this morning
they heard from the
Florida Supreme Court this afternoon. Voting 7-0 on its own motion, this very
activist court of all Democrats
ordered Secretary of State Harris not to certify the vote "until further
order of the court." This is a massive
victory for Gore (and more than even the Gore forces expected) and completely
reverses the devastating
body blow dealt by Lewis this morning. A hearing is scheduled for Monday at 2
pm on the issue of the
manual recounts.

What this means is the counting will go forward on a 24-hour basis in Palm
Beach and Broward counties.
This also saps the Bush campaign of much of the positive PR momentum they
had built up as we
head into the weekend.

The justices set a hearing time Monday to begin hearing arguments for a final
ruling in the matter, but this
quick ruling on appeal is extremely favorable to Gore and should allow the
counties time to get real votes
tallied and leaked out to the public. Republican observers in the counties
have been doing their job and
objecting so strenuously to every possible problem that they have prevented
Palm Beach from finishing even
one precinct over the past two days. That has kept any numbers from leaking
to the public as of this writing.
But now the Democrats have until at least Monday to get some numbers out in
public.

The slow pace of the recount augurs poorly for a final resolution of the
election. Dade County, Florida's most populous has just
announced that they will recount over 1 million ballots--which they say could
take up to a month.

We note that the NASDAQ is off 12 percent since election. Prolonged
uncertainty is only bad news for the markets, as the world waits
for a sense of direction about US leadership on a range of issues from high
oil prices to the Mid-East peace process to
economic uncertainties in Argentina and in major currency markets.