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

To: cherrypitter who wrote (950)	2/9/2000 2:55:00 PM
From: PuddleGlum	Read Replies (1) \| Respond to of 1602

Earnings didn't surprise anybody, but I added 50% to my holdings yesterday. I'm not saying that was a bright idea, but I took a chance. The NZ activities involve the seismic shoot for now, so no new drilling over there for several months. That place will actually be a drain on cash for awhile, and then towards end of year or next year it will begin contributing. So, there's no hurry on account of NZ. The company may be making further acquisitions this year, with the intent of acquiring a 3rd major production area, then NZ will hopefully become the 4th. Good luck. I don't blame anybody for bailing. pg