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

To: Zeev Hed who wrote (5143)	11/13/2000 10:00:45 AM
From: Arktic	Read Replies (1) \| Respond to of 5504

Zeev: When considering the correct entry point for HEC, have you put into the formula the fact that HEC announced that they may buy back a significant number of shares? Obviously, this may be a poor use of existing capital. But if they had access to funds using better terms than the "floorless" which you identified previously, I wonder if the tide could turn more rapidly than any of us expect? Thoughts? Paul L. Craig

To: Zeev Hed who wrote (5143)	11/14/2000 1:37:01 AM
From: Gary105	Read Replies (1) \| Respond to of 5504

Zeev - please excuse my ignorance about convertibles. that being said, i recognize that it is in best interest of convertible holders to drive price down prior to conversion......but is it possible that they put themselves in danger of short squeeze? ie they short to drive price down.....company comes out with good news prior to conversion.....not only forces them to cover.....but also results in less dilution upon conversion? is such a scenario possible?