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Gold/Mining/Energy : Swift Energy (SFY) -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (817)6/29/1999 2:17:00 PM
From: FloydP  Read Replies (2) | Respond to of 1602
 
Anybody out there with an opinion of the $275 Million shelf offering
which hit the news yesterday. I have two opinions:

1. Company's don't normally borrow and go into more debt unless
they expect to make more profit in the future.

2. This move could be DILUTIVE to current shareholders since the
offering will include convertible bonds.

PG & others......what is your input. Thanks.