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 (77)	11/25/1996 6:31:00 PM
From: Buzz Mills	of 1017

Kendell, I went ahead and Emailed the info on earnings contained in Post# 70 to the Hot Stocks Digest except that I changed the P/E to 11 to reflect today's increase in stock price. I also noted to them that the industry average was 29.2 X P/E. I heard from Lajuanda and she said the Underwriters have a 30 day option to pick the additional 187,500 shares of CWEI. She also sent a letter to Stocksmart to see if the financial info can be updated post haste. I asked that the Hot Stocks Digest info on CWEI be mailed to me so that we can post it. I foolishly tried to buy ERCI inside of the spread at the opening; ended up having to be satisfied with only the gains on CWEI today--I wouldn't mind having days like this more often. Wednesday's IBD should have the update on the earnings--if it doesn't, then they are very slow in making changes. Dave Cook did good. Buzz

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