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

To: Robert T. Quasius who wrote (753)	4/12/1999 8:35:00 PM
From: PuddleGlum	Read Replies (1) \| Respond to of 1602

Robert- I saw the article, too, but haven't finished reading it. I'm like you, believing that it wasn't as bad as it was cracked up to be, but technology enables some companies to find oil at lower prices. The dominant factor for the remainder of this year, I believe, is the damage done to e&p by the low prices. Nobody's drilling, so other than OPEC opening back up their spigots, where's the black stuff going to come from? Earnings report is scheduled for May 5. Sounds like we had a small reduction in force at the company. Too bad, I was hoping they could make it w/o cutting any jobs. pg