Clayton Williams Energy (CWEI) OIL Message Board

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Gold/Mining/Energy : Clayton Williams Energy (CWEI) OIL

CWEI 131.90

0.0%

Apr 25 5:00 PM EST

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To: Michael J. Feldman who wrote (510)	3/20/1997 2:12:00 PM
From: Buzz Mills	of 1017

After a series of Buys at 12 3/8, the MM has moved the spread from 12 1/8 X 12 1/2 to 12 3/8 X 12 5/8. As of this time there have not been any trades at 12 5/8. The volume is increasing. Thanks Mike for posting the Reuter's news release by Hanifen--it is always uplifting to have some positive news to start the day with--especially after what we have been through in the last few days. The Investors Business Daily still hasn't updated their Quarter Earnings per Share Per Cent Change--where it used to be -46 reflecting the 0.72 earnings via sale of equipment in 1995 vs. the 0.45 real earnings in 1996, it should now be 0.77 earnings in the 4th quarter of 1996 vs. -0.07 operating loss in the 4th quarter of 1995. They also do not show an estimate for this quarter, and the estimate they show for the year is only $1.00. I Emailed Lajuanda Holder this information, and asked that she phone them and try to get the correct information published. I have been checking around the Web and CWEI's earnings information is beginning to show up at the various sites.

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