The positive definiteness of the quadratic part of the action of the H
awking-Turok instanton is investigated. The Euclidean quadratic action
for scalar perturbations is expressed in terms of a single gauge inva
riant quantity q. The mode functions satisfy a Schrodinger-type equati
on with a potential U. It is shown that the potential U tends to a pos
itive constant at the regular end of the instanton. The detailed shape
of U depends on the initial data of the instanton, on parameters of t
he background scaler field potential V, and on a positive integer, p,
labeling different spherical harmonics. For certain well behaved scala
r field potentials it is proven analytically that for p>1 quadratic ac
tion is non-negative. For the lowest p=1 (homogeneous) harmonic, the n
umerical solution of the Schrodinger equation for different scalar fie
ld potentials V and different initial data shows that in some cases th
e potential U is negative in the intermediate region. We investigate t
he monotonically growing, potentials and a potential with a false vacu
um. For the monotonic potentials no negative modes are found about the
Hawking-Turok instanton. For a potential with a false vacuum the HT i
nstanton is shown to have a negative mode for certain initial data. [S
0556-2821(98)05518-0].