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Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (4419)	6/18/1999 4:56:00 PM
From: R F B, Jr.	Read Replies (1) \| Respond to of 5504

Zeev : Thought additional financing terms would be announced around June 24/25 or so. Although they don't have as much cash as they once did, don't think they will run out in the near future. Cash cannot be the issue imo. Think this sector just out of favor at present, especially hec & sev where recent holes have been less than productive and market expecting a big score. Sev has limited drill program in comparison to hec but they do have a world class well in emerald mountain. Don't really know that much about 7 Seas but thought i'd throw my 2 cents in. RFB