Harken Energy Corporation (HEC) Message Board

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Gold/Mining/Energy : Harken Energy Corporation (HEC)

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To: Thomas M. Carroll who wrote (3148)	7/7/1998 8:57:00 PM
From: Zeev Hed	of 5504

Thomas, I cannot tell you how to invest, there are a lot of people on this thread that believe that the potential of an "elephant" field outweighs the risk of a floorlees instrument. I am not one of them and I am thus not invested in HEC. All I can do is to try and explain how these new "Wall Street Wunderkinds" work, they had a field day with Reg S which the SEC partially closed, so in the last two years they came back with those "innocuous" floorless. Once we, investors smart up to this, they will invent another investor fleecing financial instrument. One thing I would recommend with this investment and any other investment, with what you know now, would you buy into this company anew? If your answer is "Yes", stay with your investment, if your answer is "No", then you should take whatever losses you might have (hopefully you might have profits) and find a better investment vehicle. Averaging down, or waiting for the next rally is very dangerous when intrinsically you have no good fundamental or technical reasons to buy a stock. Zeev

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