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Gold/Mining/Energy : Swift Energy (SFY)

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To: Mark who wrote (685)3/1/1999 12:16:00 PM
From: compradun  Read Replies (1) of 1602
 
The SFY bond are traded on the nyse and are quoted at about 70. The main attraction to these bonds is the yield of about 11.5%, a junk type rate. The bonds convert somewhere north of thirty so don't play the bond as an equity substitute....yet. I own them and like the prospects.
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