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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: Ying Wang who wrote (604)4/15/1997 9:41:00 PM
From: Buzz Mills   of 1017
 
Ying,

Thanks for the message--that is somewhat of a relief and I needed some uplifting news. It could be the MM playing games again--I had noticed the other day at the close, there was a sell (next to the last trade) at 11 1/2, followed by a last trade at 11 3/4, and then the close showed the Bid at 11 3/4 and Ask at 12 1/4--that didn't make any sense. There was 1900 shares sold at 11 3/4, followed by 5K of buys at 12 early in the morning--I do think someone is stocking up but only at the lowest price they can get it for. Still hoping better days are ahead. Noticed I forgot to correct the closing price on oil today; should be $19.83, -0.07.

Buzz
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