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Gold/Mining/Energy : Strictly: Oil and Gas Exploration Companies -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (85)11/4/1998 8:30:00 AM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 318
 
Okay - ''Swifty'' loyalists - what's the take on this news ?

biz.yahoo.com

87% production increase Q to Q from last year. This company had a big move a while back - looked to be breaking out as a leader here; then got hit - some criticism on the reserves #'s etc. & their Sonat purchases... Now, this seems to address the reserve #'s and eliminate that concern & if production is booming - the acquisition being bad; seems to be a moot point as well...

Is this the ultimate enigma Company here, or what ? I see value, but if the street won't move it - I'm hesitant to get in ?

comments on this news ?