[VRWCTexan]

Truly sorry for your friend and so many others - however those ENRON employees that maintained a more diversified 401K (i.e. other than investing all or most of their retirment funds into Enron stock )did not suffer meltdown There is a lesson to be learned here for others

[Alberta's Child]

Right. Most good financial advisors will tell you that you should never have more than 4%-5% of your retirement nest egg invested in any one company. Sometimes, an exception can be made (up to maybe 10%) for a company like General Electric -- which is involved in so many different lines of business that it almost functions like a mutual fund instead of a single company.