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: Craig Gantner who wrote (634)	4/22/1997 12:03:00 AM
From: Buzz Mills	of 1017

Craig, Hope you are right about >>>>>I have heard that you need a "capitulation" sell off in order for the correction to be over. I think we are very close if not there.<<<<< I received the following from Lajuanda Holder>>>>>I've tried to find out what is happening with the stock price. I haven't heard back from most of the analysts that I called. The only one I spoke with said it's a bull market but not for oil stocks today. The general consensus is good for oil prices and the future of oil & gas prices. I don't have any explanation other than there are more sellers that buyers --and I don't have a clue why. Nothing has changed in CWEI's plans and all projects are going forward. There's still no news on the Rauchi well. They will eventually have to report to the Texas RailRoad Commission but that can be up to 60 days after completion.<<<<< I sent an Email to Marathon asking about the depth the George Savell well is at. I doubt whether I will hear from them. I'll try to obtain that info from another source. Buzz

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