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

To: art slott who wrote (3401)	8/14/1998 8:20:00 AM
From: Zeev Hed	Respond to of 5504

art, your comment reminds me of the action of EXSO's management after they saw the devastation their own floorless caused to the stock, they promoted amongst their employees (and the management) a stock buying campaign between $2. and $.35 per share and the stock bounced back on this enthusiasm, and the "management is fighting the bandits" battle cry to about $.5. Today the stock is languishing at $.04 or so. The bandits loved it, it gave them a final opportunity to short even more. Of course HEC is going to show some strength with the additional 80,000 shares buying power evey trading day, but what will happen after that? Why is it so difficult to see that so far every single company that resorted to floorless instruments ended up debasing shareholders value? Zeev