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Enron Mail |
suggest we do this. we don't have to comment. ok? Mark -----Original Message----- From: Tilney, Elizabeth Sent: Tuesday, November 27, 2001 11:16 AM To: Palmer, Mark A. (PR) Subject: 401K NEED ---------------------- Forwarded by Elizabeth Tilney/HOU/EES on 11/27/2001 11:15 AM --------------------------- Michael Buckley <MBUCKLEY@BrunswickGroup.com< on 11/27/2001 10:52:16 AM To: "'mark.palmer@enron.com'" <mark.palmer@enron.com<, "'elizabeth.tilney@enron.com'" <elizabeth.tilney@enron.com< cc: Subject: 401K NEED Hi Mark and Beth Attached are the following: 1. Draft comments re: the 401K plan -- NOTE: they have not been approved by legal; 2. A Dow Jones story alleging that the recent lawsuit could allow: i) Dynegy to back away from the deal; ii) creates the implication that the suit adds financial pressure; iii) it also erroneously (I believe) discusses the time frame of the lock down period WE SHOULD: Consider a well orchestrated leak regarding the fact that these suits are bogus -- the leak would include information on: ? Enron had been contemplating a change in plan administrators since 1997. Plans were stalled due to a moratorium on administrator changes as a condition of the PGE acquisition. ? Enron requested proposals from alternate plan administrators in February of 2001 -- in writing. ? In May of 2001, the new administrator (Hewitt) was notified - in writing - of our intent to start our business relationship beginning in October of 2001. ? The transition period (when employees could not sell stock), ran from only October 26th to November 13th - a shorter time span than was originally planned. ? During the transition period Enron's stock went from $15.40 to $9.98 - while we're not happy about the reduced share price, the magnitude of the decline during the lock down period is much smaller than the drop alleged by some plaintiffs attorneys. ? 401K participants have the option to choose between [17] different stocks, including Enron. -----Original Message----- From: Michael Buckley Sent: 26 November 2001 16:45 To: 'cynthia.barrow@enron.com' Cc: Ellen Gonda Subject: DRAFT documents <<ENE401kCommMaterials.doc<< <<ATT03720.txt<< -----Original Message----- This email is sent by Brunswick Group Limited, 16 Lincoln's Inn Fields, London, WC2A 3ED (also the registered office). The company is registered in England (No. 2094879). This email and any files transmitted with it are confidential and intended solely for the use of the individual or entity to whom they are addressed. If you are not the intended recipient, you are hereby notified that any use or dissemination of this communication is strictly prohibited. If you have received this E-mail in error, please notify us immediately, then delete this E-mail. This footnote also confirms that this email message has been swept by MIMEsweeper for the presence of computer viruses. - ENE401kCommMaterials.doc - ATT03720.txt <Embedded Picture (Device Independent Bitmap)<
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