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

To: SDR-SI who wrote (4380)	5/18/1999 4:45:00 PM
From: Ed Ajootian	Read Replies (2) \| Respond to of 5504

Steve, Jumped back into HEC today, with a small purchase. Was very impressed how it has held its place over the last several days in spite of oil prices getting whacked and the XOI going down. My understanding is that the reduction in Colombian royalty will apply to all production from the effective date on, even re: wells drilled long ago. At these levels the stock price is obviously anticipating a ton of production but as long as the drill bit can get turning again soon it still should move up higher.