I think both of you have valid points. First, if the ENRON employees had a choice on how to invest their 401K money, they were imprudent in putting it all in ENRON stock. I have a good friend who did the same at Proctor and Gamble, and when the stock hit the skids several years ago he lost about 50% of his stash. But, many people are not as experience in investing as members of this board.

The second point is that ENRON top managment has acted in a way that is contemptable and possibly illegal. Employees,dumb or smart, don't deserve to be screwed by these fat cats.

So, you guys are both right and both your points are valid.