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


To: Mark who wrote (1159)9/5/2000 6:08:35 PM
From: FloydP  Read Replies (1) | Respond to of 1602
 
Thank you Mark,

You articulated in your remarks, what I was trying to say
in my previous post.

If the new well does turn out to contain 300,000,000 barrels
of new oil reserves for Swift, it doesn't take a math genius
to calculate a new market cap for the company like:

$700,000,000 current market cap + (300 million X $6)
= 2.5 Billion or

Minimum of $90/share of market value