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: Kendell Phillips who wrote (17)	11/8/1996 5:19:00 PM
From: Buzz Mills	of 1017

Kendell, The CWEI Roadshow is still in New York, Monday the 11th: they had/have 11 scheduled conferences during the three days in New York. Have you discovered anything more on the availability of shares from the Secondary Offering? I figured at best CWEI would trade sideways until the offering is concluded--there has been some expected volatility--it will be better after the offering price is determined and the offering is concluded. Once that is out of the way I look forward to very positive responses, First Call being one of them, and more than just an increase in estimated fourth quarter earnings. but increased earnings estimates for the year; that will draw attention. Only three more trading days until the 14th and the offering. A really nice gain in Crude Oil prices today, up 0.85 on fear of a strike by Petroleum workers in Venezuela. Buzz

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