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: RonN who wrote (693)	5/24/1997 11:59:00 AM
From: Buzz Mills	of 1017

Ron, I was mistaken the other day when I said the 200dma was at 13 1/2; CWEI appears to be in the process of breaking through the 200dma (which is a little over 13 1/4); that is very positive: investools.com Friday's increased volume is a good sign and I am becoming optimistic on CWEI's present prospects. The word that "production is up" does coincide with the time-frame of what should be the completion of the first well of the farm-in agreement and one could speculate that the large buyers could very well be the owners of that property. No other sources for rumored large buyers. Buzz

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