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Frank Pembleton

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Frank Pembleton

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Re: johnlw post# 11040

Saturday, 09/25/2004 9:46:39 AM

Saturday, September 25, 2004 9:46:39 AM

Post# of 19037
JW ... I mentioned it to quantify the risks in investing in these drill plays. Considering that SWG has a market cap of about $500 million I believe there's room to the downside.

The good news is there isn't any big sellers lurking in the market depth. I've been watching trade and whenever the volume picks up the scarcity of sellers becomes readily apparent.

...but it's not for the faint of heart.


FP........................................................

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