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Gold/Mining/Energy : Swift Energy (SFY)
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To: PuddleGlum who wrote (28)8/6/1997 12:41:00 PM
From: Rosemary   of 1602
 
Steve,

I keep looking at the report and I wasn't getting it, until I saw that there are more shares outstanding this period. There are now 15 mil. shares they are reporting on as opposed to 12+ mil. for the same quarter last year? Something like that.

It took me awhile to figure it out. I kept asking myself, how could revs be up and net income be up and it is reporting .72 cents for the six month period as opposed to .54 cents for the same period, and this misses by 1 penny? More shares.
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