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Gold/Mining/Energy : Harken Energy Corporation (HEC)
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To: Eric mulay who wrote (4127)2/2/1999 5:14:00 PM
From: Zeev Hed  Read Replies (1) of 5504
 
Well, if the stock goes above $6 it will be above the ceiling of the European issue and they may start hedging operation themselves, but for now (except the development floorless, which I do not think is as ominous) I think the floorless issue is gone. Of course, the book value has gone down as well and the general problem of deflationary pressures are still with us.

Right now it is a relatively safer bet, by all means, yet, I still see testing of the lows set late in December before we can expect a major spike up.

Zeev
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