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: Ridemhigher who wrote (627)	4/21/1997 4:19:00 PM
From: Buzz Mills	of 1017

John, In response to your "How low can it go?" question---beats me--I don't think it should be this low--but looking at a chart, technically there should be support at 10 as it spent a lengthy period there last August/September. As I mentioned, CWEI should report earnings better than the consensus estimate of 0.39 on 04/30 and this should be in comparison to their 0.19 earnings for the first quarter of 1996. I wish I knew more as to what is continuing to push this stock down--there must be something, or someone out there, having an effect on it. Buzz

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