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

To: Mark who wrote (856)	8/1/1999 9:30:00 PM
From: Ed Ajootian	Read Replies (1) \| Respond to of 1602

Mark, If the investment firms want any more financing business from Swift they will dutifully announce the upgrades. Also they will want to help create the other side of the trade for their institutional clients that bought stock in the offering. It sure would be nice for the morale of Swift shareholders if this financing news is closely followed by an announcement that the Swift board has approved an increase to the drilling budget for the rest of the year. They gotta start kickin' butt with the current commodity prices being where they are. I can't think of a better time to drill out the Chalk wells, which as we know have such steep decline rates.