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

To: Zeev Hed who wrote (4020)	1/5/1999 11:32:00 PM
From: SliderOnTheBlack	Read Replies (2) \| Respond to of 5504

Thanks Zeev - good explanation... Damn; too much ''intrigue'' for me <VBG>. I'll just stick with those much ''simpler'' Driller & Service stocks... ! However; if we see the numbers reported Jan 8th; and the short position did NOT substantially increase; how would this change your thoughts ? Thanks in advance Dr. - I'm learning here & have an open mind. Fundamentally; I like the Reserve potential/cash position, but don't feel real comfortable with "Colombia'' - ie: Triton Oil ... no one falling over themselves to buy them in a fire sale with all of the pipeline bombings,Guerrilla's/narco-terrorists etc. In that respect it deserves a discount from a GOM or North Sea play obviously. But @ $2 1/2 - I see this running to $5 for a solid trading opportunity. I also would expect a strong move going into and perhaps a selling opportunity, out of the Strain/Westergaard Conference Jan 18th - comments ? PS, <<Last, almost the whole cash cache of HEC came from convertible instruments which sooner or later are going to convert to equity. >> - what percentage of HEC's $167 Million in cash came from the "Floorless'' issues ? I assume that you are not a fan of Mr. Strain.