Swift Energy (SFY) Message Board

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Gold/Mining/Energy : Swift Energy (SFY)

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To: Mark who wrote (865)	8/8/1999 3:16:00 PM
From: PuddleGlum	Read Replies (1) of 1602

Mark- I'll take CSFB's comments with a grain of salt, if for no other reason than that of their financial relationship to SFY. Yes, lots of new power plants being built. CPN is one of those big ones that got away, since I considered buying it in the teens, but had no clue about the magnitude of their potential upside. Re: P&F. SFY broke the bearish resistance line quite some time ago, but hasn't given another buy signal since then. 12 1/2 is the next buy signal and I wouldn't hesitate to add to my position at that point. Columns of X's or O's only need a move of $1.50, since that represents 3 boxes for stocks under $20. My biggest concerns with this company are its cash-burn rate and the amount of following/interest it has gathered from the institutional side. Thanks for your kind comments on the Yahoo thread. pg

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