Enron Mail

From:kevin.garland@enron.com
To:jeff.skilling@enron.com, ken.rice@enron.com, joe.hirko@enron.com,kevin.hannon@enron.com
Subject:FirstWorld
Cc:
Bcc:
Date:Thu, 6 Jul 2000 02:25:00 -0700 (PDT)

FYI
FirstWorld announced the company would not meet its projections for the next
3 quarters and the resignation of CEO Sheldon Ohringer.

The stock is trading at less than $4.00 per share (near our original basis).
We sold 80% of our position for $10.55 ($130 million). ENA still holds 3
million warrants.
Kevin G