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Gold/Mining/Energy : Swift Energy (SFY)

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To: PuddleGlum who wrote (807)5/24/1999 5:56:00 PM
From: Mark  Read Replies (1) of 1602
 
PG - In a market which was mayhem today I'll settle for any stocks
which ended in positive territory - of which SFY was one!

Boy am I glad to be so heavily into O&G at the moment. I am hoping
that the sector will show good relative strength due to the attractive
valuations and the generally defensive nature of the sector. I just
pray that O&G prices don't collapse on us!

What's kind of funny is that I tried to alert a couple of the old
SFY folks to the value here when we were down around $9. Both folks
were keen to stay in DELL - Boy, could that end up being a BIG mistake!
(I think DELL is looking pretty precarious at the moment, with ASPs
possibly going to fall as quickly as unit volumes grow. CNBC was
full of comments about how it's about to break down through it's
200day ma..... Man the lifeboats!)

Mark
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