Harken Energy Corporation (HEC) Message Board

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

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To: Zeev Hed who wrote (3398)	8/13/1998 10:20:00 PM
From: Rod Copeland	Read Replies (1) of 5504

Come on, Zeev. I am beginning to think that DrJoe has you pegged. Do you really believe there is a conspiracy between management and the shorts? I am LOL. You act so offended that they spent $20MM to buy stock when they will need 1,000MM to develop the fields. The 20MM is chicken feed when you are talking about a billion. And, if they need the Billion, then they will have definitely found something worth borrowing for. Have you completely lost it? What about cash flow from oil sales? 20,000 BOPB is already there. If they need a billion, then they will certainly have significantly higher production coming onstream from new wells. Gosh, when you look at the big picture, the 132MM of worry you have is peanuts. To facilitate the "bandits" the "bandits" have to exist. They don't. I still say the buyback was prudent and smart. We'll see who is right when the wash is out of the washer.

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