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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: Kendell Phillips who wrote (28)11/14/1996 9:03:00 PM
From: Buzz Mills   of 1017
 
Kendell,

Today's volume is the amount of demand that "they left on the table." This may include some of the shares of the original offering. The offering is formally completed with all shares spoken for according to one of the brokers at Rodman, Renshaw, who said they can begin coverage on tomorrow (Friday) with respect to their recommendations on the company. The Rodman, Renshaw oil analyst, Paul Ferretti will be coming out with their recommendation shortly. Saw very large (institutional) trades going through today (50, 60K) inside of the spread.

Buzz
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