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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL
CWEI 131.900.0%Apr 25 5:00 PM EST

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To: RonN who wrote (809)8/8/1997 4:33:00 PM
From: Buzz Mills   of 1017
 
After trades of a total of 7000 shares this morning, the MM had the Bid all the way down to 12 1/2 (-1 1/4). Buying came in later and CWEI closed at 14 1/8 (+3/8) so apparently there is still demand for the stock at that price. With the price of oil dropping due to Iraq shipments next week, it will be interesting to see how CWEI weathers the storm.

In regard to the question of when Mr. Williams was involved with drilling in the salt dome area of Mississippi--that was before CWEI went public (many years ago was the term used in the info).
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