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

To: Stonesouls who wrote (4190)	2/12/1999 9:51:00 PM
From: Zeev Hed	Respond to of 5504

Frank, except that the last three time HEC went to the cash well, the wunderkids on the Street laced the waters with floorless poison (it cost HEC a cool $10 MM or so to detoxify itself of one of these), more salvations like that, and both its kidneys and its liver will shut off (VBG). Zeev

To: Stonesouls who wrote (4190)	2/12/1999 10:03:00 PM
From: R F B, Jr.	Read Replies (1) \| Respond to of 5504

Frank : Don't believe that HEC is anywhere close to bankruptcy. As has been said here many times before, HEC has a game plan which, if they follow and are moderately successful, we (shareholders) will all benefit. Islero, although not productive, was not the end all for this company. About 1-2 years ago, it was believed that this contract area [Cambulos] would be their biggest prize. At that time, many of us talked of JV's and the like. HEC attempted this on their own. Possibly bit off a bigger piece than they could presently chew. Now we'll have to share the spoils like we originally planned. Like you, I believe HEC will (not only) survive, but will prosper. It's just going to take a while longer than I had planned. Nice to once again see you post. Regards, RFB