Evidence receipt / belief
Published · transcript-backedBen Gilbert: belief
29 Nov 2022 Acquired Enron
“The company is not giving guidance on just, hey, here's what we think revenue is going to be. They're not telling employees what you should tell employees, which is, I don't really know if this will go up or down, but here's the direction I think the intrinsic measurable parts of the business are going to go.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 29 Nov 2022
- Publisher
- Acquired
- Episode
- Enron
Transcript context
…They're always saying buy the stock. Yes, not about any intrinsic characteristics. The company is not giving guidance on just, hey, here's what we think revenue is going to be. They're not telling employees what you should tell employees, which is, I don't really know if this will go up or down, but here's the direction I think the intrinsic measurable parts of the business are going to go. What Enron is telling everyone is, I think the stock will go up. What Ken Lay, what Skilling are telling people is, stock should be $125 What's it doing down at $40? This is terrible. There are these videos you can find of Lay at employee, all hands, where he gets a question card of, should employees invest in Enron stock in their 401(k)s? This is the same time that Lay is doing the structure transactions we were talking about to offload his Enron stock.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.