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Gold/Mining/Energy : Swift Energy (SFY)

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To: john psomas who wrote (49)8/14/1997 3:53:00 PM
From: PuddleGlum   of 1602
 
John-
Thanks for the info. Probably not a good idea to buy much in the face of declining estimates, but according to the company's 10-Q (http://sec.yahoo.com/e/97/08/13/sfy.html) they repurchased shares at an average price of $21.99 per share. So, the company seems to think that prices in the current range are attractive (they've also told me that they presently don't intend to continue to use cash to buy back shares).

But I'm still looking for > $30 by end of year.

Steve
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