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: Gerald Wayne Hebert who wrote (41)	11/20/1996 5:10:00 PM
From: Buzz Mills	of 1017

Gerald, CWEI closed at 15 1/4 up 5/8, a new closing high, on volume of 167K, and a new intraday high of 15 3/4. In regards to your question as to whether CWEI could hit 20 by the end of the year: If not by the end of the year, then definitely in January. CWEI is up 5 1/4 over the last seven weeks. Six more weeks left in the year and so there is a good chance it could happen. We know there is more good news coming; announcements concerning completion of the Secondary Offering and increased earnings estimates, and added awareness and interest by the investor community. There are a number of other factors involved which we are uncertain of, not the least of which are the DOW, and the price of oil. The price of oil has created considerable attention and favor for any company which has oil in it's name. For our sake let's hope everything stays positive. Buzz

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