Message-ID: <4277656.1075852843614.JavaMail.evans@thyme> Date: Wed, 24 Oct 2001 10:06:09 -0700 (PDT) From: kevin.ruscitti@enron.com To: jcoun@netstruxr.com Subject: RE: What's up with your company?! Mime-Version: 1.0 Content-Type: text/plain; charset=us-ascii Content-Transfer-Encoding: 7bit X-From: Ruscitti, Kevin X-To: 'jcoun@netstruxr.com' X-cc: X-bcc: X-Folder: \KRUSCIT (Non-Privileged)\Sent Items X-Origin: Ruscitti-K X-FileName: KRUSCIT (Non-Privileged).pst I think Enron is going to $10. I've been quite concerned for the last month+. It looks like a number of the senior execs have done some questionable acts. It's been quite the moral buster. They need to clean shop and get rid of the CEO and entire board for letting these types of actions occur. We will never regain investor confidence until this occurs. The problem with ENE is that we make an incredible amt of money on the wholesale side of the energy business (natural gas and power) but we have thrown money at a myriad of bad businesses that lost lots of money (Azurix water co., broadband, residential marketing. They need to get someone in here that will eliminate these losers and focus on the core businesses. In my opinion, some of these execs, former and current, should go to jail. It's amazing how a group of guys could ruin a great company. I'm sure there will be a grad school case study and a book written about this. I'm sure it will be a best seller. Anyway, let me get off my soapbox. I'm glad to hear you got a new job. That would be great if Chris gets the package and looks for something more enjoyable. Congrats to you brother and make sure you tell your folks I was asking about them. Lisa and I haven't finalized any plans to NJ in Jan but I'll let you know as soon as we do. We're both looking forward to hooking up with you guys. Conway won't have to go overseas. He said he's the last one they'll activate. His cell phone # is 240-298-7007. I have to look for his email but i'll let you know when I find it. Take care and good to hear from you. Kevin -----Original Message----- From: Jonathan Coun [mailto:jcoun@netstruxr.com] Sent: Tuesday, October 23, 2001 9:06 AM To: Ruscitti, Kevin Subject: What's up with your company?! Dude, Good thing I took some of my Pru 401K $$ and bought Enron in February, when I opened my roll-over IRA. Besides the job how's everything else going with you and the lovely Lisa? Things could not be more hectic over here. I'm switching jobs next month. Gave the dot.com world a shot and timed it wrong. When the company you are working for is borrowing $$ from the VC to meet payroll and has not locked in the final round of funding, you know it is time to move along. Will be joining a NY Real Estate Brokerage House, where I'm friend with the guys. Will be helping them run their Corporate Service Group. Lets see what else is going on. Chrissy is trying to decide if she is going to volunteer for the Merrill Lynch layoff package that is being offered. I want her to, because her boss is making her life miserable. My father had triple by-pass surgery last month. He is doing fine now and it is probably for the better in the long run that he had the procedure done. And on good note- My brother got engaged. I lost Mr. Conway's tele # and email address, can you shoot it over to me. Would like to drop him a message. Is he still State side? hopefully. Remember to drop me a note when you finalize your visit back to NJ in January, so we can hook up. Tell Lisa and the family that we send our regards, Jonathan R. Coun Vice President, SPACEdirect Development NetStruxr 212 399-4687 jcoun@netstruxr.com