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

To: Rod Copeland who wrote (3788)	12/8/1998 11:36:00 AM
From: oilstks	Respond to of 5504

Gulf countries agree to cut production (12/8). foxmarketwire.com

To: Rod Copeland who wrote (3788)	12/8/1998 2:09:00 PM
From: art slott	Respond to of 5504

Rod, please stop beating around the bush! >ggg<

To: Rod Copeland who wrote (3788)	12/8/1998 2:15:00 PM
From: Zeev Hed	Respond to of 5504

Rod, I have the advantage or disadvantage of not knowing management personally, so I analyze a situation like that purely from a technical and financial point of view. You are somehow implying that I am of the opinion that management has some nefarious motives, none can be farther then the the truth. Management did a bang up job of raising some$135 Mm in those three floorless transactions when other companies could not (like AKSEF), but they and the shareholders may have to pay a price, that is what I am discussing on these threads. Actually, it would be extremely helpful with your knowledge of management, if from time to time, you use this space to put forward what you believe (or know) might be their game plan. In any event, I was hopping to see a rally all the way to close to $3, but earlier today, I finally decided that the former low of 2-5/8 will probably not be breached and sold the position set up last week at that price. Guess what, it did go higher, I can never get the best price. (VBG). Zeev

To: Rod Copeland who wrote (3788)	12/8/1998 3:22:00 PM
From: Arktic	Read Replies (1) \| Respond to of 5504

Rod: One of my early investment mentors recommended "buy good management". Sounds like you are following that advice and recommending others to do so as well. With regard to field activities, financing, and planning in this horrible environment for E&P companies, HEC has been a relative shining star. I continue to hold based upon what I understand to be huge probable reserves, money in the bank to move forward, and good management. Thanks for your words of encouragement in difficult times. I suspect that the money brokers funding the convertibles discussed in this thread occasionally read the discussion. Wonder what they really think... I suspect they are happy with Zeev's posts. To the extent that the average investor believes the floorless game as described by Zeev, they would sell their HEC stock. In the short run, this would be in the convertible investors' best interest. A bit of self fulfilling prophecy at some level. Anyway... I'm in it for the long haul and expect HEC to do very well as the oil patch recovers and probable reserves become bookable as proved. At the same time, I suspect that the convertible investors would do what is necessary to protect their capital investment. "Friendlies" does not translate into generous when the chips are down. It will be interesting to see how this scenario unfolds. Again, for what it's worth... I'm holdin' and looking for brighter times to come with HEC. Paul L. Craig

To: Rod Copeland who wrote (3788)	12/9/1998 12:59:00 AM
From: Razorbak	Read Replies (2) \| Respond to of 5504

Are We In Denial? Rod: Denial ain't a river in Egypt. Why do you get so intensely emotional about your investments??? You're singing the exact same tune that you were singing months ago when I shorted this stock well above 4.0. Now I'm approximately 40% richer on my investment, and yet you still refuse to look at the logic of my arguments. IMO, you've allowed your "knowledge" of this company to cloud your objectivity, and so you call me a cynic. But that's your choice. And, hey, it's a free country, right? Everybody is free to choose. We can either shoot the evil naysayers at every wrong turn, locking up our thoughts and throwing away the keys... OR... we can actually take our blinkers off and (gasp) make a little money. It's always our choice. ;^) Good luck with your investment. Razor