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

To: Zeev Hed who wrote (3405)	8/14/1998 9:08:00 AM
From: MskiHntr	Respond to of 5504

Zeev, the company is more than adequately financed to carry out the repurchase. It will enhance shareholder value. They probably haven't bought share 1 yet. Consider it a floor under the stock price. If there's a huge short seller out there, so be it. That's what makes a market. I'm of the opinion the glass is half full and I'm going to assume management is as smart as you are. Let's suppose that they think the stock is a buy at 3.50 or 3.00 or 2.50; how can that be aiding and abetting the dreaded "shorts"? "Shorts" need up ticks. Buy backs, if you've got a good broker working for you, are executed in weakness. Keep the faith, Zeev, and stop tilting at windmills. Best,

To: Zeev Hed who wrote (3405)	8/14/1998 9:31:00 AM
From: drjoedoom	Read Replies (2) \| Respond to of 5504

Zeev -- you're slippery as an eel! << you do not need a conspiracy between management and the bandits, and I never said there is such a conspiracy, it is the nature of the floorless beast that management will try to counteract the effects of their own folly (the floorless) >> You may not have used the word "conspiracy," but you certainly did say that there is usually what amounts to a conspiracy between management and the bandits. The exact nature of the conspiracy varies from one of your posts to another: At one time you suggest that a floorless may be owned by management or its buddies. Another time you worry about representation by the owners of the floorless on the Board of Directors and their direct access to helpful (harmful?) inside information. Most recently, you posted that collusion results from management's dependence on the floorless investors' money. Now you tell us that management plays into the "bandits'" hands unwittingly. You remind me of one of those guys who parades around with a sign, "The End of the World is Coming." You're convinced of it; can't possibly be persuaded otherwise. But the exact nature of the cataclysm is still a bit sketchy. When the stock falls: It's a death spiral!! The owners of the floorless are shorting! When the stock rises: It's an opportunity to sell BEFORE a death spiral! The owners of the floorless are shorting! Is there any event that you cannot weave into some sinister scenario? BTW, I'll leave it to other more knowledgeable members of the community to tell us when an oil development project may be bankable. Joe