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

To: Zeev Hed who wrote (5236)	1/6/2001 10:24:01 AM
From: Rod Copeland	Read Replies (2) \| Respond to of 5504

Hi Zeev! I am assuming you are speaking of a better entry point prices in late February....correct?? I agree that the $5 will need to be taken out with some vigor. I have two points that are pressing at the current time... Why in the heck would HEC be building a TWELVE INCH flowline in Cambulos at this time? That is a HUGE flowline and will move A LOT of crude.... a lot more than current production. Plus, this is not an inexpensive project... It is a deep dig installation in the jungle. Secondly, Mike F. has loaded his wagon with stock as of late. Now, Richard (who is still at the train station waiting for a $1.75 ticket) says Mike is simply inept, and makes bad decisions. I don't think so... So I think we are about to see some very interesting times for Harken. I have no illusions about the Laurel recompletion, or the Manantial shallow test, or the Olivo No. 2. If only one of the three are successful, Harken should improve substantially. So, not being a TA person, I believe we about to enter the Twylight Zone... where lots of weird things can happen not based on TA or FA...just on luck. Hope this finds everyone prospering, and that all of us can make some money this year, no matter what our perspective. Rod.

To: Zeev Hed who wrote (5236)	1/6/2001 4:04:58 PM
From: Gary105	Read Replies (1) \| Respond to of 5504

Imo we will see an enormous spike volume sometime between mid January and mid February (my guess) as results of Olivo 2 are announced. If results are positive, I see stock testing and maybe taking out 200 d MA. If results are negative I see stock falling below 50 d MA. Stock fell from 200 d MA to current levels on low volume. One large volume day could reverse that. It all depends on discoveries. Right now we have the leisure to chat about it. With discovery (or dry hole) there will be a step change in price imo analogous to RMBS takeoff if results are positive. All imo.