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


To: FloydP who wrote (958)2/15/2000 12:25:00 AM
From: PuddleGlum  Respond to of 1602
 
Floyd-
S&P Reports show the outlook for NEV and APC at 1 (worst, on a scale of 1 to 5), 2- for APA, and 5- for SFY. The others are at or above S&P's fair market value, while SFY is well under it.

But hasn't it been this way for eons, and SFY just sits and thinks?

These stocks should be at these prices with $15 oil, so something is amiss. My worry is that the high price of oil will drive some nations into recession, but the other side of that coin is that most of the poorer nations depend a great deal on oil for their income.

I'm still confused.

pg