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since you havent gotten an answer i will shoot ya one. the cobra wasnt supercharged until 03. I heard another guy on a different forum and he assumed the 99/01 cobra was factory supercharged also. But you are right your bud is wrong.
Lol..gotta love clueless people. When I first bought my old 01 Cobra, I was showing it to some friends at a local hang out, and one guy I don't really get along with was like "cool I guess...but is it at least a SVT Cobra?" I was like yeah...then later when I popped the hood and he came over, he was like "thought you said it was an SVT" and everyone kinda laughed, then I had to educate him for a minute. Needless to say he kept his mouth shut the rest of the night.