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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 (97)12/2/1996 7:56:00 PM
From: Buzz Mills   of 1017
 
I received a phone message from the Investors Business Daily regarding their erroneous 0.85 annual earnings estimate for CWEI. They are trying to update CWEI's earnings to an interim $1.25; however they have a software glitche and "Steve" says it won't be updated in Wednesday's edition but should be updated in Friday's edition. He said he would call me again and let me know definitely. So, again on the positive side, if the IBD does update the earnings this week to an interim $1.25, we can then start working on having the IBD re-update the earnings next week as the new earnings estimates should be out by then.
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