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

To: Zeev Hed who wrote (4491)7/31/1999 3:49:00 AM
From: Gary105  Read Replies (1) | Respond to of 5504
 
its a combination of the two. the company needs financing to develop its assets (which appear to be very significant), the financers are afraid of risk associated with the rebels in Colombia. this is currently reflected in stock price. when situation with rebels improves assets will approach true value. keys to this company are not only its discoveries but also Colombian political situation.



To: Zeev Hed who wrote (4491)7/31/1999 7:36:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 5504
 
Zeev, <<why?>> Harken needs a Sand Prince? <VBG> Political instability, funding requirements, doesn't this all have a familiar ring? When the TA and FA don't agree, believe the TA. Now where did I hear that? HEC looks like dead money in the short term IMO. What really disappoints me is that I never got to lose any money with HEC calls. <VVBG>


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