Harken Energy Corporation (HEC) Message Board

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

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To: John S. Sturges who wrote (2299)	1/1/1998 8:19:00 PM
From: Ed Ajootian	Read Replies (2) of 5504

John, Great to hear about things looking good so far. I think another factor that led to the spike on Wed. was the fund managers finally being able to buy the stock and not worry about blowing their bonuses if it tanked at the end of the year. Also, being a stock that had recently shown some weakness, many fund managers did not want to show it on their year-end portfolios to avoid looking like a turkey. One other idle speculation: maybe Bob Morris of Paine Webber finally crawled out from under his desk and decided to upgrade HEC to an outright buy! Don C., maybe you can call your broker buddy and see if he knows anything more behind this rally. He's been right on the $$ so far. Kudos to Ray Ball, buying it at -- what was it -- $4.75? "Mr. Harken" is still going strong!

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