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


To: wolfdog2 who wrote (595)12/5/1998 9:11:00 AM
From: FloydP  Read Replies (1) | Respond to of 1602
 
Wolfdog,

I think SFY is moving, in sympathy, with the entire oil sector. It
will take more than a cold snap in the east to boost this dog higher.
PG is on to something when he predicts SFY might be a buyout candidate at $12.00 per share. I'd be happy to see it since my break
even on my position is $11.25. After the coming wave of merger and
consolidation is done over the next several years, all the surviving
players will come out smelling like roses. IMHO.

In the meantime, with this low interest rate environment, the general
market should have an upward bias and that will be good for the stronger relative strength stocks. The party is still going strong
for the interNUT stocks. I currently am long SDTI in that sector
and they are making money.