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Gold/Mining/Energy : Harken Energy Corporation (HEC)
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To: Zeev Hed who wrote (5143)11/13/2000 10:00:45 AM
From: Arktic  Read Replies (1) of 5504
 
Zeev:

When considering the correct entry point for HEC, have you put into the formula the fact that HEC announced that they may buy back a significant number of shares? Obviously, this may be a poor use of existing capital. But if they had access to funds using better terms than the "floorless" which you identified previously, I wonder if the tide could turn more rapidly than any of us expect? Thoughts?

Paul L. Craig
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