SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Harken Energy Corporation (HEC) -- Ignore unavailable to you. Want to Upgrade?


To: SDR-SI who wrote (3415)8/16/1998 11:42:00 AM
From: Arktic  Read Replies (2) | Respond to of 5504
 
Steve:

You're not going wrong... The discussion of the floorless coupled with the very weak Independent E&P sector has caused a significant correction (read, "buying opportunity") just at the time the Islero #1 on the Cambulos is being spud. People who bought in the $3 to $4 range won't be saying "coulda, shoulda, etc." when the market price of this stock moves back up. HEC is not Arakis nor the other companies used for comparison purposes. Personally, I trust the judgement of those whom have worked closely with the management of HEC and who know their style and ethics. The party to whom I am referring is buying at these levels... so is the company itself. I'm confident that we'll make a good ROI. We're in very competent hands with this company.

Paul L. Craig

P.S. Thanks for the fax regarding robotics. I really appreciate anything you run across of that nature.



To: SDR-SI who wrote (3415)8/16/1998 12:30:00 PM
From: Razorbak  Read Replies (1) | Respond to of 5504
 
Working Capital & Floorless Debentures

Steve: If Harken truly has that much working capital, then why go to the financial markets and accept the terms of a floorless debenture? Positive working capital and floorless debentures don't normally dance together.

Razor