Message-ID: <3099210.1075843956394.JavaMail.evans@thyme> Date: Tue, 22 May 2001 03:55:00 -0700 (PDT) From: joseph.hirl@enron.com To: mike.mcconnell@enron.com Subject: Sato Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Joseph P Hirl X-To: Mike McConnell X-cc: X-bcc: X-Folder: \Mark_McConnell_June2001\Notes Folders\Project sato X-Origin: MCCONNELL-M X-FileName: mmcconn.nsf NI was quite proud that they showed good results for last year. However, the reason lies with the sale of cross shareholding interests (equity in other companies) and other assets. The reality is that their operating profits were way down. This is obviously why the pressure is still on. See table that appeared in the news. Joe Joseph P. Hirl Enron Japan Corp. 81 3 5219 4500 81 3 5219 4510 (Fax) www.enron.co.jp