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 (3764)	12/4/1998 9:40:00 PM
From: R F B, Jr.	Read Replies (1) of 5504

Zeev : Your generosity is overwhelming! <G> If a willing and able buyer and seller can get together than that might establish a fair market value for the commodity. In the instances you sight I hope there was some sort of extreme condition on the lower sale which would make it a temporary glich as opposed to a fair value for the oil. Don't believe you would see HEC let go of any oil for such numbers. In fact, they may be buyers at this level with all that cash they have on hand. I'm expecting news on the wildcat well soon. Hope I'm correct that the market has discounted a dry hole and maybe we can get a pop back to 3.5 - 4.5. I bought some at 3 1/16 and for the 1st time in 3 years I'm underwater on a purchase. A purchase of HEC that is. My portfolio is looking more like a kennel these days so naturally HEC goes down in sympathy. I would be more concearned if HEC was one of only a few juniors taking it on the chin. I'm really kicking myself for not unloading a bunch of shares at $7 or $6. Could then have bought that many more at this level. Have a nice weekend. RFB

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