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

To: bw who wrote (2255)	12/17/1997 7:23:00 PM
From: Gabriela Neri	Read Replies (2) \| Respond to of 5504

IMO, there is no reason for the stock to be much below here. But, Seven Seas was up today almost 1.5 points, so I'm not sure that guerilla activity is the reason for HEC being at 5. As everbody knows, elections are nearing in Columbia and the guerillas are using stepped up attacks on the oil infrastructure as a political tool to accomplish their goals. This heightened level of activity on their part will pass eventually. This stock has always traded in a very unpredictable way since inception, and until we get some positive news on discoveries, I dont expect much except chopping around. The good thing is that, if we get some discoveries of decent magnitude, this area of the 5 dollar price(maybe a little below) should define a significant area of support for the stock to launch off of. However, we are at the mercy of mother nature.