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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: Buzz Mills who wrote (73)11/25/1996 12:24:00 PM
From: Buzz Mills   of 1017
 
Watching CWEI trade, almost all are buys, most being in the 300-500 share range, but did see a 5K buy not too long ago. CWEI sold back from it's high of 17 and is presently at 16 1/4 X 16 1/2, however with the orders very heavily on the buy side I expect it to click up at any time; and as if by magic, it just did--now is 16 1/2 X 16 7/8 and that is where it opened this morning. Now the MM has it at 16 5/8 X 17; I expect a close today at 17, or better, more than likely better. The MM now has the spread at 16 1/2 X 17--wish they would keep the spread at something reasonable like 1/8 of a point.
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