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

To: Razorbak who wrote (3489)	8/29/1998 11:33:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 5504

Razor, you "nitpicker" (G), I said that in the last year it was stabilizing (and it was, the 31% decline was mostly in 1993 to 1996, I believe) and now we could see a resumption of decline od domestic demand, and maybe another .3 MM BOD from that source. I also think that they are going to make an all out effort to increase production above the old 7 MM BOD, this will be part of a "economical revival", that and selling a good half of their 535 tonnes of gold (200 tonnes are collaterals for loans they cannot pay, so these might be sold from "from under" them, an equivalent of a "margin call". Zeev