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


To: Richard Mazzarella who wrote (5433)5/15/2002 9:56:23 PM
From: art slott1 Recommendation  Respond to of 5504
 
Wasn't too bad. They produced slightly more output, reduced debt and expenses, increased working capital. Oil and gas prices were down.
2nd qtr will show improvement.



To: Richard Mazzarella who wrote (5433)5/15/2002 11:09:28 PM
From: Findit  Read Replies (1) | Respond to of 5504
 
Rich dummy me flipped a coin and averaged down at .34. The report was bad but not unexpected. My whole position is now up for trading and I think sometime along the line there will be a bounce and an opportunity to get into the black. They have some cash and expect to ok in that area through the year. That should provide time for a bounce.

Wish me luck.

Jim



To: Richard Mazzarella who wrote (5433)2/7/2003 6:56:45 PM
From: Findit  Read Replies (1) | Respond to of 5504
 
Terms of HEC rights offering out. Richard do you have any position in HEC now? If so, will you be exercising your options here?

TIA - Jim

>>Holders of record of Harken common stock, Series G1 preferred stock and Series G2 preferred stock will receive one subscription right for each share of common stock held (or, in the case of the Series G1 preferred stock and Series G2 preferred stock, one subscription right for each share of common stock issuable upon conversion). Each subscription right will grant the holder the right to purchase 2.2667 shares of Harken common stock. The subscription price for the rights is $0.311 per right (or $0.1372 per share). The per share price equals 70% of the market price of Harken common stock determined by averaging the closing price of Harken common stock on the Amex for the five trading days ending on February 7, 2003. The subscription rights will expire if not exercised before midnight, Eastern Standard Time, on March 13, 2003, unless extended by Harken<<