“Due to the multiple inquiries and investigations, some of which are focused on me personally, I believe that my involvement has become a distraction. ... My concern is for current and former Enron employees and other stakeholders, and I feel it is in their best interest for me to step down from the board,”
“My personal belief is that Enron stock is an incredible bargain at current prices, and we will look back a couple of years from now and see the great opportunity that we currently have,”
“The company is fundamentally sound. The balance sheet is strong. Our financial liquidity has never been stronger. And we again have record operating and financial results.”
“The third quarter is looking great. We will hit our numbers. We are continuing to have strong growth in our business and, at this time I think we're well positioned for a very strong fourth quarter.”
“Unfortunately, with the multiple inquiries and investigations that currently require much of my time, it is becoming increasingly difficult to concentrate fully on what is most important to Enron's stakeholders.”
“I have asked the board to take this action to address fully and forthrightly investors' questions and concerns, ... Responding to the SEC offers us an additional opportunity to achieve this same goal for investors, and we will cooperate fully. We will also make every appropriate public disclosure during the course of the SEC's investigation.”
“This is an important step in our plan to restore investor confidence in Enron, ... Additionally, we will update investors over the next several days regarding our plans to maintain our long-term credit rating.”
“We welcome this request, ... We will cooperate fully with the SEC and look forward to the opportunity to put any concern about these transactions to rest.”
“We regret Jeff's decision to resign, as he has been a big part of our success for over eleven years, ... But, we have the strongest and deepest talent we have ever had in the organization, our business is extremely strong, and our growth prospects have never been better.”
