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

To: Zeev Hed who wrote (3457)	8/23/1998 5:27:00 PM
From: Razorbak	Read Replies (2) \| Respond to of 5504

Valuation <<it comes down to .1 barrel/share last year vs .3 or so barrel/share this year, better I would admit, but look at what the market values a barrel per share, arakis has a net of 1.2 barrel/share and is priced under $2/share, and it no longer has any floorless (those have already inflicted their damage two years ago).>> Nevertheless, Harken is still more fairly-valued this year relative to the same time last year. Arakis is probably not the best comparison right now given the differing timing and political risk issues involved in that play. Razor