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

To: fp_scientist who wrote (1465)	5/4/2001 12:29:27 PM
From: Robert T. Quasius	Read Replies (1) \| Respond to of 1602

I stand corrected. The chart does look more like a triple bottom, which is very bullish. I'm expecting good news from Kauri to push us back to the $40 range, and $50-60 in the next 6 - 12 months. I think the sell-off in O&G stocks is related to the inventory report, a short term situation IMHO. I fully expect an energy crisis to push NG stocks up again this summer. Most of the new plants being built are NG fired. I also increased my position by 1/3 in XTO today. That stock is undervalued IMHO. Excellent free cash flow multiple, good business model, and at a new double bottom. XTO is selling at around $25, but is worth $40-45 IMHO.