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

To: cherrypitter who wrote (820)	6/29/1999 5:48:00 PM
From: FloydP	Respond to of 1602

In the past they've reported about 40 days after the end of the quarter. Some of the estimates I've seen are in the 0.15 range but with the most optimistic being at 0.28. Thanks to both you and Mark for your inputs. Greatly appreciated.

To: cherrypitter who wrote (820)	6/29/1999 9:44:00 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 1602

I think the shelf registration is just so that SFY management can move quickly to exploit opportunities, whether it is the acquisition route, or increasing reserves with the drill bit. Either way, SFY management has proven its ability time and time again. I think SFY is indeed burdened by the Austin Chalk production, which is prolific for a time, but depletes relatively quickly. I think for this reason, it is logical to assign a lower cash flow multiple to SFY than other stocks. But come on guys, this stock price is ridiculous! This should be a $25 stock.