We expect the new water company to be able to finance its own ongoing activities rather than depend on Enron's financial resources.
More Quotes from Kenneth Lay:
I was more interested in talking to Vince Kaminski about some general risk-management issues.Kenneth Lay
Portland General is a solid performer and has been a great addition to the Enron portfolio since 1997, ... However, over the past few years our need for ownership of a regional utility has been diminished by the rapid extension of our third-party supply network. As a regional utility, NW Natural is a perfect partner for Portland General going forward.
Kenneth Lay
Investors don't like uncertainty.
Kenneth Lay
Aggressive accounting does not mean illegal accounting.
Kenneth Lay
We need someone who is a strong representative of our value system.
Kenneth Lay
The problems in California have been that it's been very difficult to site and build new power plants.
Kenneth Lay
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