ENRON PRESIDENT STATES RUMORS UNTRUE
FOR IMMEDIATE RELEASE: Friday, November 24, 2000
HOUSTON -- Enron Corp. President and COO Jeff Skilling stated today that rumors of a potential profit warning are not true.
“All of our businesses are performing extremely well and we are very comfortable with consensus analyst earnings estimates of $0.35 per share in the fourth quarter of 2000, and $1.65 for the full year 2001,” said Skilling.
This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although Enron believes that its expectations are based on reasonable assumptions, it can give no assurance that its goals will be achieved. Important factors that could cause actual results to differ materially from those in the forwards-looking statements herein are enumerated in Enron’s Form 10-K and 10-Q as filed with the Securities and Exchange Commission.
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Mark Palmer
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