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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 (84)11/26/1996 4:10:00 PM
From: Buzz Mills   of 1017
 
CWEI closed at 16 3/4, -1/8; Bid 16 3/4 X Ask 17.............

Thought possibly we would see a close of 17 today, but no such luck. CWEI spent most of the day down, trading as low as 16 3/8 X 16 5/8 but at about 3:00PM the trading picked up and CWEI rallied up. Two trades of 10K and 5K shares went through at that time. There is a good chance we will see a new closing high tomorrow--of course that is dependent on the Oil Report coming out today at 5:00PM. Noticing a higher number of trades in the 100-300 share category.

Buzz
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