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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: Wayne Eggleston who wrote (907)10/29/1997 11:56:00 AM
From: RonN  Read Replies (1) of 1017
 
See #892 for hanifen estimate of .14

Zacks had an average estimate of .16

With the exploration costs up I think we're lucky to see the .12 thanks in part to the increase in production and the prices staying up. I was dissapointed with the lack of info from the 3-d, I was expecting a bit more "forward looking"/positive/buy more shares now! kind-of statement (they're probably not allowed to do that though).

I guess this means that the 4thQ 97 and 1stQ 98 will be big -or-bust depending on the results from the 3-d in Roberston County (Pinacle reef) and in Mississippi (Salt domes).

Patience is a virtue, patience is a virtue, patience is a virtue.

--RonN
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