FW: DJ Concerned Energy Cos Make Few Changes In Enron Dealings

-----Original Message-----
From: Lindauer, Jason [mailto:Jason.Lindauer@tfn.com]
Sent: Thursday, October 25, 2001 1:18 PM
Subject: DJ Concerned Energy Cos Make Few Changes In Enron Dealings

10/25 2:13P (DJ) =DJ Concerned Energy Cos Make Few Changes In Enron
Dealings
Story 8322 (CPN, DUK, DYN, EIX, ENE, MIR, PCG, REI, RRI, SRE, WMB, I/ELC...)
By Mark Golden, Kristen McNamara, Jon Kamp and John Edmiston
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Energy trading companies have concerns about the
credit quality of troubled Enron Corp. (ENE), but they have made almost no
changes in policies concerning the top trader of North American power and
gas,
the companies said Thursday.
The concerns have arisen because Enron, which accounts for about a quarter

of the trade in the country's power and gas markets, has seen its share
price
fall by a third this week due to uncertainties about its extremely complex
financial structure.
Moody's has put Enron's credit on watch for possible downgrade, and some
of
the company's debt is trading like junk bonds in the secondary market this
week.
"We have made no changes to our credit policy concerning Enron," said John

Sousa, chief spokesmann for Dynegy Inc. (DYN). "It's business as usual."
Williams Cos. (WMB) spokesman Jim Gipson said that his company, too, has
made no changes and has no concerns about Enron's credit. Another Top 10
power
and gas trading company, Aquila (ILA), has also left Enron credit unchanged.

Other companies expressed concern, though they've taken little if any
action.
"Like everyone else in the marketplace, we're proceeding with caution,"
said
Lora Kinner, director of credit for Tractebel Energy Marketing, the North
American subsidiary of the Belgian company Tractebel S.A.
Kinner said the company is just looking for more information and doesn't
expect to make any drastic changes.

(MORE) DOW JONES NEWS 10-25-01
02:13 PM
Additional Codes ( I/GAS, I/PIP, I/UES, I/UEW, I/XISL, N/DJN, N/DJWI, N/BON,
N/CNW, N/COB, N/DJRT, N/DRV, N/HIY, N/LNG, N/PET, N/SNEW, N/WEI, M/ENE,
M/MMR, M/UTI, P/DGA, P/DUT, R/CA, R/GA, R/NAPW, R/NC, R/NME, R/OK, R/PRM,
R/TX, R/US, R/USC, R/USS, R/USW)

______________________
Jason M. Lindauer
Director
Thomson Financial/Carson
156 W. 56th Street, 6th Fl.
New York, NY 10019
P: (212) 707-0680
F: (212) 707-0501
jason.lindauer@tfn.com
www.thomsonfinancialcarson.com
_______________________