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

To: PuddleGlum who wrote (656)	2/18/1999 11:07:00 AM
From: FloydP	Read Replies (1) \| Respond to of 1602

I'm filling up with 92 octane at COSTCO in Palm Desert for $1.08 per gallon. A gallon of Arrowhead spring water at Ralphs is 0.99 cents. Hummmmmmmm. Management at SFY should think in terms of an LBO and enter the bottled water business. Coke just announced that move this morning. This whole situation is nothing short of amazing. Holding tight my long position. The worm will turn someday!

To: PuddleGlum who wrote (656)	2/18/1999 5:34:00 PM
From: Mark	Read Replies (1) \| Respond to of 1602

PG - Good to hear from you again (and great to see some new blood too). It seems to me that SFY is in reasonably good shape (considering), but that their future prospects are entirely in the hands of market prices. I'm no expert, but those AGA numbers sound high (?). Just how much storage do they represent - i.e. how many days of "typical" consumption is 100% ? We're coming up to the end of the coldest part of the year, and if there's a BIG NG stockpile then it doesn't look too good for market prices. Mark p.s. I must be close behind you in number of times that I've called the bottom here. No more !