Message-ID: <30261648.1075840086644.JavaMail.evans@thyme>
Date: Thu, 6 Jul 2000 02:25:00 -0700 (PDT)
From: kevin.garland@enron.com
To: jeff.skilling@enron.com, ken.rice@enron.com, joe.hirko@enron.com, 
	kevin.hannon@enron.com
Subject: FirstWorld
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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